Matt Belloni, executive editor of The Hollywood Reporter joins Kim Masters to discuss top entertainment news stories of the week.
- The latest dynamic duo to come to HBO will be...Bert and Ernie? Sesame Street and HBO have a new partnership where the iconic children's show will air first on HBO and then nine months later on PBS. The deal is aimed at getting families to subscribe to HBO's streaming service, HBONow.
- The research firm SNL Kagan reports that pay TV lost 600,000 subscribers in the last quarter -- the biggest dip ever. As viewers are ditching hefty cable packages in favor of digital services and "skinny" bundles, media companies and investors are scrambling for way to ensure profits for the future.
- There seems to be an exodus of executives at the Weinstein Company. Most notably, long time COO David Glasser has departed, along with the Tom Quinn and Jason Janego, former heads of Radius, TWC's boutique label that had found success distributing docs and indies through VOD platforms. Harvey Weinstein however, has told the media that the company is in "great shape."