Hollywood News Banter

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

• It's been a rough year for Warner Bros. The studio is facing a $150 million loss with the giant flop Pan, and now they're looking at potential Tarzan trouble. The film reportedly still needs work, but its director David Yates has moved on to make the Harry Potter spinoff, Fantastic Beasts and Where to Find Them.

• The Academy has decided the movie Wolf Totem cannot be China's Oscar submission for Best Foreign Language Picture. The epic film is based on a Chinese novel and features a Chinese cast, but the director Jean-Jacques Annaud is French. Needless to say, Annaud is not pleased with the Academy's decision.

• For a recent episode of Homeland, the show's producers hired some Egyptian artists to paint realistic-looking graffiti on their set. Apparently no one on the show reads Arabic though...after the episode aired, they learned the graffiti said phrases like Homeland is racist.