Welcome to the Smart Set. Every morning we bring you the gossip coverage, filtered. Today: Arnold and Maria go their separate ways, Paul Thomas Anderson softens his Scientology script, and Nate Silver loses a source of income

  • Arnold Schwarzenegger and Maria Shriver have separated after 25 years of marriage. The pair confirmed they've been living apart for a "few weeks" since Shriver moved out of their Brentwood mansion..  [Los Angeles Times]
  • If the pace of the Academy Awards ceremony leaves you fidgety, be glad you weren't at last night's National Magazine Awards in New York. Host Katie Couric arrived late, missing the presentation of three awards and dinner, and the entire ceremony clocked in at over four hours. Harper's pulled off the biggest upset of the evening, as Scott Horton's "The Guantanomo Suicides" beat out Michael Hastings' heavily-favored Rolling Stone profile of Gen. Stanley McChrystal in the excellence in reporting category. Click here for a full list of winners. [New York Post/The Wrap/Folio]
  • The Weinstein Company has secured distribution rights to writer-director Paul Thomas Anderson's long-awaited Scientology film, but those hoping for a lacerating takedown of the church might be disappointed. Anderson is said to have "greatly overhauled" the script (formerly known as The Master) after Universal passed on it last year. Phillip Seymour Hoffman will play the film's L. Ron Hubbard-esque svengali, and Joaquin Phoenix is also committed for an unspecified role. Production begins June 13. [Deadline]
  • Why was New England Patriots quarterback Tom Brady walking the floor at Goldman Sachs yesterday? Initially, it was assumed he was meeting with his business manager Will McDonough, vice president of investment management in Goldman's private wealth division. No such luck. Turns out he was just going to a lunch for his 'Best Buddies' charity.  [Business Insider/Dealbreaker]
  • You can add Warren Buffett to the list of potential replacements for Steve Carell on The Office. The Berkshire Hathaway chairman will play an "unnamed character who is interviewing for the position recently vacated by Steve Carell's Michael Scott" on next week's season finale. Other big names pursuing the position include Jim Carrey, James Spader, Will Ferrell, and Ray Romano. [The Hollywood Reporter]
  • Nate Silver's $1,000-an-hour consulting dream is no more. The New York Times says the FiveThirtyEight blogger is "not moving forward" with a planned side gig for ExpertOpinions.com, a new online consulting site where clients could rent out wonks like Silver and Freakonomics co-authors Steven Levitt and Stephen Dubner on an hourly basis. [Gawker]