Hollywood News Banter

TV Guide magazine chief content officer Michael Schneider joins Kim Masters to discuss top entertainment news stories of the week.

• Media stocks take a hit

• Sony's Tom Rothman announced a slate of 16 films going into 2019. Many of the films are reboots or sequels. The announcement was perhaps to take the focus off the tough summer Sony's enduring. After the bomb of Pixels,Ricky and the Flash comes out this weekend, and the reviews are already...underwhelming.

• The cancellation of TLC's19 Kids and Counting will cause $19 million and counting of damage to the network. Discovery Communications has taken charges of $24 million for the reality show's cancellation following a sexual abuse scandal involving the show's oldest son.