MTV announced Monday morning that Demi Lovato and Selena Gomez will ring in the New Year in Times Square for MTV’s live special. Both artists are expected to perform. Joining the BFFs are Jason Derulo, J Cole and Mac Miller. The show will air live at 11 p.m. EST and is hosted by Levato and “Teen Wolf” star Tyler Posey (via Access Hollywood) 

Blake Lively and Ryan Reynolds are going strong in the Hollywood relationship department. The two were spotted throughout New York City over the weekend including going on a double-date breakfast on the Lower East Side. The “Gossip Girl” beauty, 24, is much younger than Reynolds who is 35. (via People Magazine)

Khloe and Lamar take Texas? Sources connected to “Keeping Up with the Kardashians” report Khloe Kardashian Odom and former Lakers star Lamar Odom will allow cameras to role during their move to Dallas. Lamar was recently traded to the Dallas Mavericks. (via TMZ) 

There was no need for a celebration at this weekend’s box office. The star-studded movie “New Year’s Eve,” directed by Gary Marshall, made only $13.7 million helping contribute to the worst weekend at the movies since 2008. Jonah Hill’s latest film, “The Sitter,” debuted in the number two spot with only $10 million.  (via The Hollywood Reporter)

Sony Pictures released the first trailer for “Men In Black 3.” Starring Will Smith and Tommy Lee Jones, the film is expected to premiere May 25, 2012. To watch the trailer, go to Deadline’s article here (via Deadline) 

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