Hollywood news banter

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

• It's a historic day in Hollywood, but not everyone is happy about it. The six studios are down to five as Disney is buying large portions of Fox. It's a huge disruption to the industry, and while it may be exciting to have the two properties under one roof, many people will undoubtedly lose their jobs after the companies combine.

• More figures continue to fall as more women come forward with their stories of sexual assault in the industry. This week we saw more accusations against Tavis Smiley, Dustin Hoffman and Russell Simmons-- just to name a few, and Morgan Spurlock issued some kind of pre-confession on himself. It's unclear if there was perhaps a story in the works and Spurlock tried to get ahead of it.