5 Things To Know This AM — Dec 12 2011

Mocking Pippa Middleton and Florence Welch with real comedic chops, Katy Perry proves she could quit her pop day job as the host of SNL. (Billboard)
Wave a magic wand at your holiday to-do list with this fairy tale-inspired gift guide. (L.A. Times)

Friends' Central Perk couch goes up for grabs at the Icons of Hollywood sale. Cast not included.
(Perez Hilton)

QVC is no longer your grandma's channel. L.A. designer darlings Geren Lockhart, Cynthia Vincent, Rachel Pally and Karen Zambos will launch low-priced lines for the TV shopping destination this spring.(WWD)
Catch crooner Tori Amos at the Orpheum this Saturday for a divine rendition of "We Three Kings" and other seasonal hits. (LA Weekly)