Mel writes: The first part of the new Swedish translation of Lord of the Rings is done. Erik Andersson, the translator, has worked for two years on this first part and many of the old names are gone and have been substituted with new names, more fittingly translated. The new Swedish title of Lord of the Rings -The Fellowship of the Ring will be “Ringarnas herre – ringens brödraskap” and will be out this autumn.

NEW YORK (CNN/Money) – Time Warner Inc. is in preliminary talks to buy legendary film studio MGM, a move that could spark a bidding war with Sony Corp., a person familiar with the situation told CNNfn Thursday. But Sony, which has been negotiating to acquire MGM since late April for roughly $5 billion, is still very much in the running, people close to the negotiations told Reuters. [More]

Ian McKellen will be one of the leaders in the march from Hyde Park today. He will address the Rally in Trafalgar Square on arrival.