Hollywood News Banter

TV Guide magazine chief content officer Michael Schneider joins Kim Masters to discuss top entertainment news stories of the week.

• Kevin Spacey is doing what? The actor and producer will run the currently bankrupt Relativity Media along with producer Dana Brunetti.

• Chinese company the Wanda Group will soon acquire a controlling stake in Thomas Tull's Legendary Entertainment.

• An unsealed deposition from Frank Darabont following his firing from The Walking, shows he had some choice words and a "tremendous lack of respect" for AMC executives after they cut his budget following unprecedented success.