The Business

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 Late Night host Seth Meyers about how his years at SNL both shaped and traumatized him. The comedian also shares how fatherhood has given him plenty of material for his standup specials — Lobby Baby and Dad Man Walking. 

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 weekend? Kim Masters and Matt Belloni dive in.

Plus, Masters talks to veteran film analyst Kevin Goetz about pivoting from a steady career in acting to a decades long journey in entertainment research. Goetz sheds light on the science and art behind audience testing, and he and Masters swap stories from some infamous test screenings over the years.

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, which looks beyond the iconic character to the complicated man who created him. The two-part series draws from more than 40 hours of Wolf’s interviews with Paul Reubens, who spent much of his life guarding his privacy. The filmmaker also explains how those conversations revealed Reubens’ inner conflicts and why HBO pushed for more when it came to telling the late actor’s story.

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 Masters and Matt Belloni investigate.

Plus, NPR TV Critic Eric Deggans chats with Bosch star Titus Welliver about his journey from supporting roles on police procedurals, to portraying detective Harry Bosch for a decade. He talks about his reaction when the spinoff series, Bosch: Legacy was abruptly cancelled after three seasons, and explains how he puts his executive producer credit to good use.

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, Nacho Libre. He’s currently enjoying the wild success of A Minecraft Movie, as that 2025 video game adaptation careens towards a billion dollar box office haul. Hess reflects on the unpredictable nature of success in filmmaking, and says he’s especially grateful to producer Mary Parent for understanding his oddball comedic sensibilities and inviting him into the world of Minecraft.

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 investigate. 

Plus, Masters speaks with actress, activist, and filmmaker Daryl Hannah, whose new concert film, Coastal, offers an intimate look at her husband, the legendary Neil Young, on his 2023 solo tour. Hannah also recounts a painful experience with Harvey Weinstein on the Kill Bill press tour, and reveals what prompted her to proclaim “Slava Ukraini” at this year’s Oscars.

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 to Michael Shannon about his directorial debut, Eric LaRue. The actor tells us how the film's producers managed to quickly pack up and relocate from Little Rock to North Carolina after Arkansas enacted a strict abortion ban. Shannon also admits that despite the movie's dark subject matter, he found making it surprisingly fun. Plus, we get a taste of his R.E.M. cover band, which just wrapped a nationwide tour. (The interview segment begins at 00:07:49.)

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 banter.  

Plus, Masters speaks to Rebecca Rhine about the Entertainment Union Coalition’s fight to keep film and television productions shooting in California. Rhine explains how local production incentives work, and how they differ from the ones luring studios to spend their money in other states and overseas. She also lays out the coalition’s plan to create a surge of middle class production jobs in the golden state, and tells us how she’d feel about meeting with Trump’s special ambassadors to Hollywood: John Voight, Sylvester Stallone, and Mel Gibson.

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’s HBO documentary, Albert Brooks: Defending My Life. The legendary filmmakers talk about their early years in the industry and they talk about the drastically changing landscape of entertainment.  

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 release the Village Roadshow backed The Matrix Resurrections (2021) simultaneously in movie theaters and on Max. Kim Masters and Matt Belloni are here to unpack.

Masters also speaks to documentarian Alex Gibney about his mysterious new HBO project — The Dark Money Game. Gibney shares some big news about a change within Jigsaw (his production company). Plus, he reveals a very busy slate that includes projects on college culture wars, Luigi Mangione, and an ever-expanding documentary series about Elon Musk. 

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 Glatter about her Netflix limited series, Zero Day. Glatter, whose work in television includes Twin Peaks, Mad Men, and The West Wing, shares stories of being mentored by George Miller, Steven Spielberg, and David Lynch. She also reveals some of the more absurd aspects of directing for streamers.

Lucasfilm CEO Kathleen Kennedy has announced she will step down from her post at the end of 2025. How will this affect Star Wars? Also, Barbara Broccoli, heiress to the James Bond franchise, has sold the rights to Amazon. What could this mean for the 007 legacy? Kim Masters and Matt Belloni investigate. 

Plus, NPR’s Jeff Lunden speaks to songwriters Clément Ducol and Camille about creating the musical world of Emilia Pérez. After director Jacques Audiard handed the married songwriting team a 20-page treatment, they undertook a months-long collaboration on the full script. They also speak about the multiple controversies surrounding the film — including the criticisms from GLAAD and Mexican citizens, and lead actress Karla Sofía Gascón’s bigoted social media posts.

The ongoing Murdoch family drama is ramping up again; this time coming in the form of courtroom details released from a private trial in Nevada. Also, why is Harvey Weinstein suing his brother? Kim Masters and Matt Belloni investigate. 

Plus, Masters speaks to Pamela Anderson about starring in The Last Showgirl. The actress, who says she was a shy girl from a small town in Canada, shares how a chance appearance on a jumbotron at a football game catapulted her into the world of entertainment. She also recalls that her now-former agent nearly cost her the starring role in The Last Showgirl, which has brought her a SAG-AFTRA nomination for Best Actress.

The Trump administration’s hostility toward DEI initiatives has led companies like Disney and PBS to reevaluate their stance on advocating for these principles. How will the pendulum swing affect Hollywood under the new presidential administration? Kim Masters and Matt Belloni investigate.  

Plus, Masters speaks to Nick Park and Merlin Crossingham, the co-directors of Wallace and Gromit: Vengeance Most Fowl. Park and Crossingham share how they balanced claymation, a notoriously time-consuming medium, with modern filmmaking tools in the latest Wallace and Gromit adventure. And the pair explains why animating even a mostly motionless character — like the menacing criminal mastermind Feathers Mcgraw — is surprisingly difficult.

The FCC has published the raw transcript of a 60 Minutes interview with Kamala Harris following Donald Trump’s claims of CBS commiting “election interference.” What’s behind the president’s attack on the network? Also, Kim Masters and Matt Belloni dive into the Emilia Pérez controversy as the film’s director speaks out against his leading actress.  

 Plus, Masters speaks to Jesse Eisenberg about his Oscar nominated A Real Pain. The film's writer, director, and co-star talks about the challenges of capturing the complicated feelings of the descendents of holocaust survivors while still including humor. They also talk about the special relevance that Majdanek–the concentration camp the two cousins visit in the film–has for Masters.

Netflix had a strong fourth quarter, adding 19 million subscribers to the streaming service before raising subscription prices across the board. Also, leaked footage muddies the water in the ongoing Blake Lively/Justin Baldoni war, and Trump announces a $500 billion AI initiative with Larry Ellison and Sam Altman. Will the project help or hurt Ellison’s stake in his son David’s purchase of Paramount? Kim Masters and Matt Belloni investigate. 

Plus, Masters is joined by Scott Feinberg, The Hollywood Reporter’s Executive Editor of Awards, to break down who’s in and who’s out in this year's Oscar nominations.

The feud between Blake Lively and It Ends with Us director Justin Baldoni continues to unfold. What's going on here? Kim Masters and Bloomberg's Lucas Shaw investigate.

Plus, Masters speaks to Nosferatu writer-director Robert Eggers and Focus Features chairman Peter Kujawski. The pair talk about their long partnership, which spans the director's entire career. Eggers also talks about winning over seasoned crews who have years more experience than he does, and why a little humor goes a long way in a movie like Nosferatu.