Hollywood news banter

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

• Following the leaked lewd conversation between Donald Trump and the Today show's Billy Bush from when he was host of Access Hollywood, NBC has some explaining to do about who knew this tape existed and when. Billy Bush will likely be pushed out of NBC, but there are hints that his departure may not be amicable.

• Netflix will pay Chris Rock $40 million for two stand-up specials. This is double what HBO offered him and a clear sign that Netflix wants to be in possession of TV events that are "must-watch."