Hollywood News Banter

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

• Disney stock is down after the company missed second quarter earning expectations. While the film side is doing great, investors are worried about the future of ESPN. The lack of a successor for Bob Iger is also cause for concern.

• The Sumner Redstone drama drags on. Just as one court case was dismissed, Redstone’s former companion Manuela Herzer filed another lawsuit, this time for $100 million against Redstone’s daughter Shari Redstone.

• Woody Allen is the hot topic at Cannes, but not necessarily for his movie “Cafe Society.” After his son Ronan Farrow wrote an essay for The Hollywood Reporter criticizing the media for not asking tough questions of the director, THR staff members were banned from a luncheon set up to celebrate the film.