Kim Masters and Matt Belloni discuss the Paramount-Skydance merger. They also look at CNN’s digital future after the company lays off 100 employees, and weigh in on Kevin Costner’s sad “Horizon” rollout. 

Plus, Masters speaks to Muta’Ali, director of the HBO documentary “MoviePass, MovieCrash.” The filmmaker talks about his desire to center the story of the company’s two Black founders, while detailing the complex business dealings that led to MoviePass’s meteoric rise and fall.