Hey All.
I am beginning my renovation project by starting with the first bedroom. I was planning to paint over the existing paint (in a 1970's house).
However, after pulling some hooks off the wall, it has ripped a bunch of the underlying wallpaper off with it, leaving a nasty fibrous part that paint won't like. See the photo below.

I assume this is the backing of wallpaper under the paint. That's what it seems like anyway, but I could be wrong (I've never done this before).
What should I be doing in this case to prep the walls? Should I be stripping the wallpaper / paint off all 4 walls? Should I just somehow clean up the areas where it tore (it's very easy to lift off the surrounding paint and expose more of this fibrous backing - so not sure new paint will hold strong in these areas). Or in the most extreme case, should I be looking at replastering the walls?
And for any method you think is good, how do I go about doing that? What are good products to use that I can get at bunnings?
Thanks
Itai