Liz Hurley's ex-boyfriend Steve Bing is making headlines in the Hollywood trade press after investing a staggering $80 million (GBP44.4 million) in a new Christmas movie.

The movie producer's SHANGRI-LA ENTERTAINMENT company has agreed to cover half the cash for an animated movie about a boy who travels to the North Pole one Christmas.

Tom Hanks has multiple voice roles in the project.

23/04/2004 19:26