Ellen DeGeneres Show

Kim Kardashian and Kanye West don't see bedrooms and bathrooms in their new mansion ... they see dollar signs ... and that's why they're going to sell it and officially enter the house-flipping market.

Kim and Kanye bought an $11 million mansion in Bel Air last year and did a major redo. Their plan going in was to live in it, but sources connected with the couple tell us ... they've been told they could make millions if they sell it so, like Ellen, they're saying 'Why not?"

But this won't just be a one off. We're told Kim and Kanye enjoyed the renovation process so much they've decided to make it a side business. Their plan is to renovate several houses/estates a year.

As for why they think they have what it takes ... actually, their angle is that they know the best people in various fields of home renovation -- architects, landscapers, interior designers, etc.

As for their living situation ... we're told Kim and Kanye are happy living with Kris Jenner for now. Plenty of space, and a built-in babysitter.

At least one half of Ellen Degeneres' fave pre-teen duo is set to make big money -- as in the $400,000 neighborhood -- and it's all laid out in her first movie contract.

Sophia Grace and Rosie -- who first shot to fame singing with Nicki Minaj on Ellen's show -- just released their first movie, and since they're minors ... their contracts have to be filed with the court.

TMZ obtained a copy of Sophia Grace's five picture deal, and the 11-year-old is making bank! She got $50,000 for the direct-to-video release, "Sophia Grace & Rosie's Royal Adventure."

And Sophia's definitely rooting for sequels -- 'cause she will earn $75K per film if producers shoot 2nd and 3rd installments. Then it's off to SIX-FIGURE territory ... $100K each for #4 and #5 in the series!

We don't know the figures on cousin Rosie's deal, but she's definitely signed for the sequels. Always good to have your name in the title.

The singing, dancing and chattering cousins who have become famous on Ellen DeGeneres' show are making some serious pocket money -- at least for a kid.

Ten-year-old Sophia Grace Brownlee and 6-year-old Rosie McClelland are rakin' in the cash by acting in a new Nickelodeon show, "Sam & Cat."

Each little one will score $2,119.70 plus a $1,000 travel stipend, according to their minor's contracts which were filed with the court and obtained by TMZ.

The girls got their big break when Sophia Grace posted a video of herself singing on YouTube with Rosie ... it got Ellen's attention and hey ... they're now in Justin Bieber territory!

It beats selling lemonade.

The world's largest record companies are banding together to sue the Ellen DeGeneres show -- claiming producers owe them big for their songs that were played on the show.

It's all over the "dance" portion of Ellen's show -- according to a lawsuit filed Wednesday in U.S. District Court in Nashville, record execs claim they have never received a single penny for the hundreds of songs Ellen's danced to over the years.

The people behind the "Ellen" show say DeGeneres had nothing to with the case adding, "This matter does not involve our host, Ellen DeGeneres , who as everyone knows is a huge music enthusiast and advocate, and had no knowledge of issues regarding the use of music in the show."

Scott Rowe, spokesman for the show's Telepictures Productions, wrote in an e-mailed statement that the company has been working with the record labels for months to resolve the issue and remains willing to resolve it on "amicable and reasonable terms."

Well, she's gone and done it. Ellen's gonna get hitched.

A spy in the audience of this afternoon's taping of the "Ellen DeGeneres Show" tells us that after Ellen mentioned today's California Supreme Court ruling striking down the state's ban on gay marriage, she surprised everyone and announced that she was going to tie the knot with longtime girlfriend, actress Portia de Rossi.

Portia was in the crowd and after she made the announcement, the studio audience went wild, giving the two a huge standing O.