By Belinda Luscombe

AND SHE'S AN HEIRESS She doesn't smile, she doesn't sizzle and she definitely doesn't sashay. STELLA TENNANT's style on the runway is a slouched stalk. Even so, no less haughty a house than Chanel has just signed the lanky sort-of-beauty to an exclusive contract for its ready-to-wear line. "She has the perfect look for now," says Chanel designer Karl Lagerfeld. "She has a natural arrogance without seeming aggressive." If that's true, she came by it honestly. Her grandfather is Lord Andrew Cavendish, the 11th Duke of Devonshire, and she's the great-niece of novelist Nancy Mitford. Tennant, who has been a model for only two years, has something else few of her runway associates have: an art-school degree. She studied sculpture, to which she wants to return. But for now, the only figure she's working with is her own.

WHO WEARS THE CROWN?

Ted Turner and Rupert Murdoch are no longer the world's most eccentric media moguls. MICHAEL JACKSON has announced a deal to create Kingdom Entertainment, "one of the best global entertainment multinational organizations in the world," with PRINCE AL-WALEED BIN TALAL BIN ABDULAZIZ AL-SAUD, nephew of Saudi Arabia's King Fahd. The Prince, who seems to favor working with troubled operations (he already owns part of Euro Disney and London's Canary Wharf), says he wants to provide the world with family-oriented entertainment, from theme parks to concert tours, including Jackson's. For now at least, attracting publicity won't be a problem.

MIKE, MEET MIKE

MICHAEL KEATON says he never had a better time on a movie set than he did making Multiplicity. Perhaps it was partly because of his co-stars. They're himself. "There's nobody I'd rather work with," jokes Keaton, who plays a man so busy he clones himself a few times. While he enjoyed making the movie, he doesn't enjoy describing it. In the scene above, he says, "I'm coming home after my wife has left, and we see me pull into the driveway, and we're wondering what I'm going to do ... maybe you should ask [director] Harold Ramis." Just as well his next movie, Desperate Measures, is an action thriller. No one has to explain that genre.

SEEN & HEARD

Brooke Astor turns 94 this week. And what better present than to have a poem (four lines, rhyming couplets, iambic tetrameter) published for the first time in the New Yorker last week? The philanthropic nonagenarian told the New York Times that she has been writing verse since she was six. The New Yorker is publishing only three of her works, so there's plenty of material left. Does Modern Maturity take poetry?

Showing off their real talent--for publicity--the Sex Pistols announced a reunion tour last week, complete with shameless p.r. stunts like an offer to hold a benefit concert for Princess Di. A bit too wrinkled to carry off anarchic rage these days, the Pistols nevertheless do a good impression of greed. "We don't see eye to eye," says Johnny Rotten of his band members. "But we have a common interest: your money."