Hollywood News Banter

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

• There's a major shake-up at 20th Century Fox as the film studio announced Stacey Snider will succeed Jim Gianopulos. This move is confusing for many industry insiders as Gianopulos has had a great run of successes at Fox, while Snider remains largely unproven at the company. There are likely politics at play involving the Murdoch family.

• Sumner Redstone fired most of the board of Viacom and replaced the members with people from his inner circle. Ousted members claim that the move is not legal and is a brazen attempt by Redstone's daughter Shari to control the board.