Matt Belloni, executive editor of the Hollywood Reporter joins Kim Masters to discuss top entertainment news stories of the week.
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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.
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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.
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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.