From KCRW in Santa Monica, I'm Claude Brodesser Ackner, and this is The Business.

So you still want to do the show business, and you think that you got what it takes.

I mean, you really got a rap and be all at.

And prepare yourself for the brakes. Check it out.

This week on the business, Ang Lee turned a movie about gay cowboys into Oscar Gold and box office green.

But can his new film overcome a rating of NC17? Hey, that rhymed. We'll talk to James Seamus, the producer and writer of

Lee's latest lust caution. Plus, the high-risk gamble of self-dist distributing a low-budget film.

But first, it's the Hollywood News Caravan.

Y'all are listening to the show you wish you knew how to quit.

It's a business from NPR.

The fate of NBC Universal will be decided soon, after the Beijing Olympics this August.

The Olympics, of course, will be broadcast on NBC, and the ratings for the summer sports spectacular

will ultimately help determine the fate of the network.

NBC is just a flyspeck on the windshield of its parent company General Electric,

but it's still worth an estimated $40 billion.

The network has been the subject of repeated sale rumors because of its lagging performance

and the allegedly awkward fit with GE's industrial and financial businesses.

I don't know. I mean, ER and medical imaging equipment? The Bionic

woman and industrial automation? Heroes and nuclear weapons? Seems like a pretty good fit to me.

Meanwhile, as GE ponderes the fate of their TV business, the record business was reeling from

twin shocks to the system last week.

The Wall Street Journal reported that Madonna is using the power of goodbye with her longtime record label Warner Music.

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