Matt Belloni, editorial director of the Hollywood Reporter, joins Kim Masters to discuss top entertainment news stories of the week.
- If you're not a major studio or a streaming service, it's awfully risky to make movies these days. Two indie production companies showed us that last week. Just 18 months ago, Open Road had a Best Picture winner in Spotlight. Now it's being bought by a Chinese company to stay alive. And another indie outlet, Broad Green Pictures is shutting down its production house and becoming just a distributor.
- Despite all the risk, some people are still up to the challenge. Megan Ellison, billionaire head of Annapurna Pictures is testing out the waters of producing and distributing with Kathryn Bigelow's Detroit. The movie may have an important social message, but will people rush to the box office to see it?
- HBO has been the victim of a major cyber attack. Unlike the Sony hack, no emails have been released -- so far. It's unclear whether the attack could have any effect on AT&T's pending takeover of Time Warner, HBO's parent company.