Matt Belloni, executive editor of the Hollywood Reporter joins Kim Masters to discuss top entertainment news stories of the week.
As Oscar voting finally begins, the major guilds have spoken, and there's still no clear consensus on a frontrunner. The SAG Awards named Spotlight their film of the year, while the PGA’s picked The Big Short and the DGA went for The Revenant.
Even in the wake of a successful year, media stocks at places like Disney and Time-Warner are getting pummeled among fears of increased cord-cutting.
The media company that took the worst beating on the stock market is Viacom, which also faced a negative reaction on the market after Philippe Dauman was named chairman following Sumner Redstone's retirement.