The Business

Kim Masters talks to Barry Diller about his memoir, Who Knew? The legendary studio exec reflects on his quick rise at ABC and how helped transform the third-ranked broadcast network into a force to be reckoned with. He also remembers a much happier time at Paramount, where he presided over a studio staffed with future industry stars. He also opens up about why none of his friends in the business ar...

Kim Masters talks to writer & director Larry Charles about his new memoir Comedy Samurai. He shares stories about writing for Seinfeld, directing Curb Your Enthusiasm, and his chaotic experiences working with Sacha Baron Cohen on Borat and Bruno. Charles also tells the story of an early morning call from Ari Emanuel that pulled the plug on his Larry David documentary the day before its HBO prem...

Eric Deggans chats with veteran sitcom showrunner Phil Rosenthal about the current state of the industry. The creator of Everybody Loves Raymond and host of the unscripted Netflix series Somebody Feed Phil reflects on how studios shape viewership data to fit their narratives. Rosenthal recalls challenging flawed testing at CBS early in his career and he reflects on the success of Raymond. He also s...

Disney and Universal sued generative AI company Midjourney last week over claims that the startup plagiarized characters from their movies and shows, such as The Simpsons and Star Wars. After remaining mum on the use of AI in movies and shows so far, studios are getting involved in this debate. But why now? Kim Masters and Matt Belloni break it down.

Plus, Masters talks to GLAAD...

Warner Bros Discovery is breaking into two entities: one dedicated to streaming and studios (HBO, DC, and Warner Bros Pictures) and another for global networks (CNN, TNT, TBS). What does this mean for the future of both divisions and CEO David Zaslav’s standing in Hollywood? Kim Masters and Matt Belloni unpack it all. 

Plus, Eric Deggans talks with Adam Arkin about hi...

A shareholder revolt is underway at Warner Bros. Discovery… meaning, a 60% vote against CEO David Zaslav’s $52 million pay package for 2024. What drove the investor backlash? Meanwhile, Disney is back in layoff mode, with hundreds affected in the latest wave of budget cuts. Kim Masters and Matt Belloni explain what’s behind both moves.

Plus, Masters talks to L...

As the Trump administration moves to slash NPR’s federal funding, the network and three Colorado stations have fired back with a First Amendment lawsuit. Meanwhile, Hollywood’s theatrical business is booming. Memorial Day weekend raked in $326 million — up from $132 million last year — thanks to a packed release slate. Who was the biggest box office winner over the holiday w...

CBS News president Wendy McMahon has stepped down from her post as tensions escalate over ongoing Paramount Global-Trump settlement talks. With the deal already under scrutiny from senators, what’s in store for Shari Redstone's Skydance merger? Kim Masters and Matt Belloni dive into this and more major media shake-up stories.

Plus, Masters talks to director Matt Wolf about Pee-wee as Himself,...

Warner Bros. Discovery has renamed its streaming service once again. Beginning in the summer of 2025, “Max” will be “HBO Max” again. The company dropped “HBO” from its name in 2023, a move which was widely recognized as the company’s attempt to become more competitive with a company like Netflix in its programming variety. The name change signals a renewed ...

President Trump stunned Hollywood over the weekend with his announcement of a 100% tariff on films produced outside the U.S., framing it as a move to revive domestic production and counter foreign incentives. The industry responded with confusion and concern, warning that such tariffs could sharply raise production costs, reduce the number of films made, and hit moviegoers with higher ticket prices. Kim Masters...

The Trump administration’s scorched-earth media strategy has claimed new casualties at the Corporation for Public Broadcasting, including Sony Film Chief Tom Rothman. Meanwhile, the president’s $20 billion lawsuit against Paramount Global continues to force Shari Redstone into what could be a legacy-defining moment. But how will the CBS News staff react to a settlement with Trump? Kim M...

60 Minutes executive producer Bill Owens has resigned amid mounting pressure on Paramount Global to settle a $20 billion lawsuit from Donald Trump. What could a deal with the president mean for Shari Redstone’s legacy? Kim Masters and Matt Belloni dive in.

Plus, Masters speaks to Jared Hess about his pop-culture-shifting filmography which includes cult classics Napoleon Dynamite,...

After opening investigations into several media companies in recent months, The FCC has found its latest target– MSNBC. Why did FCC chairman Brenan Carr claim that specific broadcasts on MSNBC were not in “public interest?” Also, what’s behind the Writers Guild’s decision to block members from working on a Martin Scorsese produced film? Kim Masters and Matt Belloni inv...

As the Trump administration announces (and delays) tariffs, Hollywood is bracing itself for industry disruptions. What’s on the horizon for the entertainment industry amid erratic stock market fluctuations? Kim Masters and Matt Belloni investigate. (The Banter runs from 00:01:01 to 00:07:48.) 

Plus, Masters speaks t...

Lionsgate touts a live performance from The Weeknd, Leonardo DiCaprio unveils explosive footage from his new Paul Thomas Anderson film, and James Gunn teases his take on Superman; Matt Belloni reports the big bets being placed by studios at CinemaCon in Las Vegas. Also, what led to the ousting of Amazon MGM Studios chief Jen Salke? Kim Masters and Matt Belloni dive in with a heaping helping of bant...

It’s no surprise that a majority of Gen Z prefers content creators over traditional entertainment, but can the Hollywood establishment find a way to feed the next generation’s media diet? Matt Belloni and The Hollywood Reporter’s Alex Weprin investigate. 

Plus, we revisit Kim Masters’ conversation with Rob Reiner and Albert Brooks about Reiner’...

In Hollywood’s latest changing of the guards, Jeremy Zimmer has announced that he will be shifting from his post as CEO of United Talent Agency to executive board member. What’s behind the shuffle?  Plus, longtime Warner Bros partner, Village Roadshow recently filed for bankruptcy — even as arbitration continues over alleged financial losses due to the WB’s decision to ...

Disney is dialing back the rollout of its upcoming live action Snow White remake starring Rachel Zegler and Gal Gadot.  Why is the studio pulling its talent from red carpet press appearances at the film’s US premiere? Kim Masters and Matt Belloni are on the case. 

Plus, Masters speaks to director Lesli Linka Gl...