Hollywood news banter

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

• Oscar nominations are out, and from the studio perspective, Lionsgate is already the big winner. In addition to La La Land and Hacksaw Ridge, they've also got a stake inManchester by the SeaandHell or High Water.

• It's been a cold year at Sundance, but the deals have been hot. The presence of big digital screeners like Amazon and Netflix has heated up the market.

• Roman Polanski steps down as president of France's Cesar Awards after feminist groups announced they would protest.