Matt Belloni, editorial director of the Hollywood Reporter, joins Kim Masters to discuss top entertainment news stories of the week.
- After 12 years on the job, Brad Grey is out as CEO of Paramount Pictures. Many are amazed he hung on as long as he did, considering all the recent losses at the box office. Now that he's out, who will take his place? It's a tough job that used to have a lot of power and autonomy, but has now become more of a matter of managing up and green-lighting by committee.
- Stephen Colbert is on fire. His show is the most-watched late night show for the third week in a row -- beating Jimmy Fallon, the longstanding leader in the pack. Donald Trump is no doubt part of the reason -- Colbert seems to have found his late-night groove in responding to Trump's antics.