Hollywood Breakdown

Kim and John discuss the report issued by the U.K. parliament's Culture, Media and Sport Committee on NewsCorp that deemed Rupert Murdoch "unfit" to run the company.

The latest in the News Corp scandal in the UK, and the SEC looking at whether Hollywood studios possibility used bribes to gain access to the Chinese film market.

The Chinese-Hollywood connection gains another dimension. Disney's Marvel will co-produce "Iron Man 3" with a Chinese production company.

Kim and John discuss how "Hunger Games" director Gary Ross with not be back to direct the sequel, "Catching Fire."

James Cameron has retrofitted his blockbuster film "Titanic" into a 3D version. He and Paramount are poised to make a bundle on the international market.

Kim and John discuss the decision by the Weinstein Company to release the documentary film, Bully, unrated rather than use the R-rating that the MPAA gave it.

Kim and John discuss the MPAA's newly released report, "2011 Theatrical Market Statistics" on the latest box office and movie attendance trends.

Steven Spielberg is not having a good week. Three of his TV series are in trouble and his forthcoming movie is generating "tepid interest" at best.

Reflections on the lackluster vibe of the Oscars and banter over what the Academy could or would be willing to do to make the telecast more appealing to viewers.