Hollywood News Banter

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

• The Nate Parker passion project, The Birth of a Nation, made Sundance historywhen Fox Searchlight bought the film for an unprecedented $17.5 million. Parker reportedly turned down a $20 million offer from Netflix because he wanted his film to have a traditional theatrical release.

• Netflix and Amazon are disrupting the festival film-buying scene by purchasing digital and streaming rights only, leaving theatrical rights up for grabs with no one eager to buy theatrical rights alone. Amazon paid $10 million for the streaming rights to Manchester by the Sea.

• The Oscars So White story continues. Blowback begins following rule changes by the Academy. Some older members feel like they're being pushed out because of their age.