up 2% for disney. that is pretty good earnings report. >>> government approaching another shut down but it could be saved by a house vote later tonight. we'll bring you details in a moment. ♪ paths aren't what they used to be. roads nowhere to be found. ( ♪ ) and it's exactly what you're looking for. ( ♪ ) (barry murrey) when you have a really traumatic injury,g)r. we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would save a lot of lives if we could bring the doctor to the patient. verizon is racing to build the first and most powerful 5g network that will enable things like precision robotic surgery from thousands of miles away. as we get faster wireless connections, it'll be possible to be able to operate on a patient in a way that was just not possible before. when i move my hand, the robot on the other side will mimic the

fox wanted disney's stock. they thought the prospects for disney, frankly, were better than for comcast over time for any number of reasons. you can't force fox to sell you the asset. you may be in a position to s l sell, but murdoch's voting stake, some 39% or so of fox shares, you can't get it you can make life very difficult for rupert murdoch, but if he chooses not to, there's no way to force him to sell the assets, even if it is potentially a higher price we have yet to see the proxy on the disney deal. to sort of understand what exactly went on there, who bid what and how though we have reported on it a lot. and time warner at&t will be the key for decisions beyond today's competing to try to control sky. if that should go to time warner's way, many believe comcast will try to mount yet another offensive, even in the face of a deal already signed. >> i work for comcast, and when you see this decline, it kind of takes your breath away. >> it is picking up, down almost 6% now some shareholders are not parti

>> yes i think it saves disney. ultimately if it were going to buy this thing, $30 to $35 billion on the piece transaction of the fox assets. obviously, if it went for the full 100% of sky, that would be the most problematic for it to manage i think you end up -- you end up here with a solution for disney to be able to own hulu outright because all this chess lends itself to some kind of negotiated settlement where disney avoids comcast coming in and bidding on the other assets, ends up with 100% of hulu and the fox library that will power, which is an important piece of it it does lose something here with sky sports since the sport strategy is a very important part of the fox deal. >> tom, listen, if sky is so attractive, and we've heard expressions from comcast that they were deeply upset that they didn't have the chance to bid for what they see as an incredibly powerful asset, so why wouldn't this asset be equally -- shouldn't we assume it's equally attractive to disney as an international portfolio? >> no, not n

disney put this offer in for fox, they don't own fox. they have the balance sheets to bid up sky way beyond 1250 fox in tehemselves, will have t get the calculator out and do math this is opportunistic by comcast, but i would expect fox and disney to come back. they have to fox is a 39% shareholder murdoch has been building this business over 20, 25 years i can't see him waving the white flag and selling his equity to comcast. >> he also predicted another potential buyer could jump in resulting a bidding war for the assets there's a 1$1.5 billion break that fox could have to pay if their own fox/disney deal breaks as well. so fax will have to sharpen their pencils no they'll have to move quickly on that let's listen about what degroot had to say about a bidding war >> they just won the premiere league right force another th e >> they just won the premiere league right force another th fe years. the market has them doing 58 pe of earnings next year. i could see this stock price going way more than 1250 and downer approa counter approaches

their acquisition of fox it's really what does disney want to do i think disney for the same reason comcast wants sky, disney wants sky. they're trying to get into the consumer over the top with their launch of disney over the top as well as espn over the top service. i think they would look at sky in the same way that comcast would. >> is disney at a big disadvantage with the regulators if they're using fox as their vehicle for trying to get into this or not? >> again, i think both disney and comcast aren't going to have the same sort of regulatory hurdles that fox does. there is a possibility -- >> i was going to ask you, are you in the same place on the regulatory issue because that is the next question in all of this, which is how will comcast be viewed in the u.k., how will disney/fox be viewed in the u.k. >> and, actually, we asked brian specifically this question just now. why did you move now it's february 27th why was the decision to move now? the answer was because he wants to go -- he's begun today the preregulatory process and the regulatory process so that when sky shar

right now, disney and fox down by the terms of their merger agreement would be difficult for disney to make a bid for sky without some sort of agreement between fox and then, but certainly from everything we have seen, it would be ifentially and easier bid disney or comcast directly acquired sky because there is a feeling about how the murdochs have run things. emily: all right. we will keep watching this. chris, thank you, as well as paul sweeney a bloomberg intelligence. coming up, a case of the u.s. government versus microsoft heading for the highest court in the land. what it means for the future of your data stored overseas. that is next. "bloomberg technology" is live streaming on twitter. check us out 5:00 p.m. in new york, 2:00 p.m. in san francisco. this is bloomberg. ♪ mom you called? oh hi sweetie, i just want to show you something. xfinity mobile: find my phone. [ phone rings ] look at you. this tech stuff is easy. [ whirring sound ] you want a cookie? it's a drone! i know. find your phone easily with the xfinity voice remote. one more way comcast is working to fit into y

while sky is not seen as central to disney's purchase of fox's assets, it is an asset disney likes, as much for the fact it has a lot of sports programming which we know is going to be very important to the future of disney, and its strategy, as well as its distribution assets. hanging over all of this, melissa, and you referred to it in the introduction, is the prospect this is simply comcast's first move in an unlikely attempt in some ways to try to break apart fox and disney's existing deal and get fox to sell the assets to comcast. that would face a host of potential obstacles. not the least of which, of course, is well, the murdochs don't want to sell, and they more or less control the vote and the company. still, we have to wait and see for its part, comcast can wait and see. they can wait here with what is not an official proposal although it will become one when they get the finances and get board approval they can wait to see what happens with at&t/time warner in court and whether or not that affects their view of any opportunity they might have to try again as hard as it migh

this is a big deal with disney. aliba ba elsa from frozen. this is a big deal with disney. alibaba did not say how much this would be. but it would be streamed on its entertainment arm. it will release more than 1000 disney episodes. this deal comes after disney has been trying to get into the mainland. they had a venture which opened in 2016. it was the compa ny‘s disney life venture which opened in 2016. it was the company's disney life online content deal. but it only lasted about five months. after the operation got up and running. it is unclear why authorities pulled the plug on this. they are hoping that this time they have better luck. just to give you an idea ofjust how large the audience is, it has a biggerfollowing than large the audience is, it has a bigger following than netflix, large the audience is, it has a biggerfollowing than netflix, which as of 2017 had 70 million members. the chinese video streaming platform had 580 million devices. alibaba it already has a similar lysine deal with warner brothers, paramount, fox, nbc universal, and sony pictures. ama

as a parent, you have to own netflix and disney apple will have wonky shows. why are we in a dog fight with seven companies for subscribers. >> i personally think your generalizations are entertaining thank you guys >> good luck with your adt >>> jon fortt is live in barcelona, spain he has more from the mobile world congress take it away >> reporter: david, with technology shrinking into ever small smaller devices and sizes, won't be able to type on all these things, we use our voice more, familiar with alexa. google has google assistant. i got rare time with the vp of engineering for google assistant, scott huffman we talked about what's coming for this class of technology this isn't voice search or google now google assistant is spreading to more types of devices, he is meeting with those folks here. google is battling amazon in this flavor of search. i asked him what's next. he talked about what's going to happen when assistant can see. >> i would add in, kind of your verbal tone, once the assistant can see, there's also body language, there's also facial

right now, disney and fox down by the terms of their merger agreement would be difficult for disney to make a bid for sky without some sort of agreement between fox and then, but certainly from everything we have seen, it would be potentially and easier bid if disney or comcast directly acquired sky because there is a feeling about how the murdochs have run things. emily: all right. we will keep watching this. chris, thank you, as well as paul sweeney a bloomberg intelligence. coming up, a case of the u.s. government versus microsoft heading for the highest court in the land. what it means for the future of your data stored overseas. that is next. "bloomberg technology" is live streaming on twitter. check us out 5:00 p.m. in new york, 2:00 p.m. in san francisco. this is bloomberg. ♪ >> you are watching bloomberg markets middle east. i am debra mao checking worst word headlines. the possibility of four rate hikes this year. he acknowledged the strengthening economy and inflation and hinted that may cause a rethink. they said the possibility of a hike in the fourth quarter is 50%. seco

disney we're st hearing from. we're hearing from cbs and disney deal has gotten other media company's attention. hat's going on with cbs, viacom? >> well, sherri redstone has to those two companies back together. and she will. sticking point and wants absolute unfeterred control. if he gets it, fine. may doesn't get it, he have to leave. he did try to buy cbs three and ago on his own ouldn't do it because the redstones have absolute control. les it appears the outside world says if i don't want it to happen, it happen. is his situation different? why is he willing to go over his objection? >> i think the disney 21st century fox pushed over the edge to say listen, i now -- this issue when we think about amazon and facebook and googles down the road, we have o think five to 10 years down the road. if you are thinking that far down the road and you're sherri the one, you have to put two companies together. ideally les is part of it regarded is so well by the street. would be less involved. that's a much more risky tr

going to ruin the networks and disney. now netflix and amazon are going to ruin disney and comcast. what you have to do is keep your head and recognize they have massive moats. in disney's case, it has to do a lot with the brand. comcast's k's,- they will either get you with cable or high-speed broadband. when you're this far into a growth stock bull market, people say, allroutine and the wildest dreams of these companies like netflix and amazon are going to come true, and they price everything as if everything will work, and they price the people attacking as if nothing that they do will work. that is what yesterday was for comcast and disney. alix: take a look at the chart over two years. the stock has done nothing he if they get all of the assets, does that give them something? late in the bull market, it is in bull market led by greg -- revenue growth stories, stocks like amazon and netflix. the next bear market will be centered in exactly the things that people have the most enthusiasm for. the next year market will b

i think disney's moving in that direction. and i think there are a lot of businesses that are just going to be very mature. they're not going to go away, but we're just not as interested in them. >> on the topic of new business, snap is up today we have a lot of analysts including you saying a lot more positive things than they had previously why? >> well, you know, snap this was an impressive quarter of execution for a company that really hasn't had very many of those since they've been public. so, you know, they should be credited for that. two things really happened that were good in the quarter one was the company redesigned its user experience, made it a little more user friendly and a little more enticing they've rolled out that new experience to around 20% of the user base. they should roll it out to the rest of the user base by the end of q-1 so that should be a positive and then the second real positive is they have successfully transitioned all their advertisers to a new self-service product called ad manager. it's a

and more news from disney disney chief executive obit usually has announced a two billion euro investment to expand to the company's french new attractions and life and detainment experience. the expansion plan reportedly is one of the most ambitious development projects at disneyland paris since it opened in one thousand nine hundred two. to business update here on g.w. thanks for keeping this company. they were trolling in a professional dominated by men you know pumice and enjoyed in. training program helps women to find new comedians. many men are skeptical but these women bring skill and enthusiasm to their work. it's a small but important step towards more gender equality in the arab world. clinton three times next to. g.w. true diversity. where the world of science is at home in many languages. on top of that i've been going there it would be. telecast our innovations magazine for in show. every week and look into the future on t.w. dot com science and research or in shock. where i come from we had to fight for a free press that was born and raised in a military dictatorship with j

disney was fractionally higher at last check. chipotle with a 25% or so pop in the last couple of minutes dennis and courtney, i want to circle back to you in the broader markets. we should show everybody how many points we have traveled >> it's exacting >> what do you think is going on here what are you talking about >> well, we like to put it in context. again, if you thought 24,000 was a crazy mark to hit at the beginning of 2017, i can't believe we're at 24 or 25,000 on the dow, you have to put -- the media -- people who don't watch krnsz, kelly, they focus on these point drops. it could not keep going the way it did i think bob pisani was talking about people buying going naked. seems like a healthy sort of -- we're not in full correction territory but it seems like a healthy reminder this can't go on forever in the way it has for the last 12, 13 months. >> courtney, are you looking around and kind of picking things up, opportunities created by the selloff now, of course, we're on our way back up. what do you think is going

tonight on fast, we are all over the after-hours movers, disney, gilead, snap, and chipotle all reporting numbers hoemts ago. their conference walls are underway as we speak we will bring you the details as they break. >>> plus he has been sounding the alrm on the ticking time bomb in your portfolio volatility as it rips through stocks. he will be here to tell us what he sees happening next. >>> how is your neck feeling if you felt whiplash today you are not alone, it was indeed a katy perry market. hot and cold the dow traded in a 1,000 point change here's how this turn around tuesday went down of the we began with nerves high the dow dropped 500 at the open. boom buyers stepped in. and we shot up 400 points at the blink of an eye. then volatility and negativity again. and then it went to the bulls. the dow closed up over 500 points guy adami. welcome again. >> i'm here all week >> is it safe to go back into the market obviously some people thought so today. it was in many way as more volatile market today than yesterday. >> i agree with that so in that question what you are implying is

still ahead, disney outfoxed? maybe, we will speak to larry haverty as comcast launches media hunger games. from new york, this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. house republicans don't plan on legislation to ban assault weapons or expanded background checks. speaker paul ryan said he is more interested in protecting the rights of "law-abiding citizens." majority whip a victim of gun violence focused on the lack of preemptive action against the alleged florida school shooter nicolas cruz. most important thing we can look at is about what are all the laws on the books that were not enforced or not pro

deal to disney. disney will be the ultimate driver on whether they want to pay up >> do you see any point where disney may bid on their own? >> there may be a deal with fox where disney have said they will not bid directly >> the regulation aspect british regulators had concerns about the fox/sky tieup. they said it's not necessarily in the public interest do you think comcast coming in would make it much more smooth sailing as far as getting a deal passed >> at the moment, comcast has small operations outside of the u.s. one reason comcast are interested in the bid, they would take their overseas sales of 9% to 25%, that's one of the key reasons they cited when announcing the deal. >> when you look at sky as a business, if you think of it in the context of comcast, how do you envision sky will contribute to comcast's overall revenues? >> comcast is mainly a cable operator there's universal and more content they can distribute. there's a big tech nological change going on, and they're selling more se

there coming together in the latest disney film. that is coming up after the break. >>> they are the disney princesses behind the scenes in america voices has stood the test of time. >> adam housley found out how deeply connected the animated voices are with each other. >> reporter: in the upcoming sequel for "wreck-it ralph", the actresses who voice some of disney's most beloved censuses will be returning to the characters that changed their lives. they gave voice to ariel, jasmine, and milano. >> changed my life forever. they are such apart of my life. now that i am over 60, i am an artist full-time. >> we have a common experience. it is a rare experience that not a lot of actresses get to do. we are very small group of people. >> it is truly wild. i was not aware that i was a disney princess. that information got lost somewhere in the mix. really appreciate with the character has been able to teach me. >> i've been able to grow with her. relates the journey that milano goes on is something that i am still going on. it is the huge

when you say orlando, many people think of disney world and theme parks, but those are technically not even in the city. actual orlando is a complex, vibrant city, and it's undergoing a major transformation. one of the biggest construction projects right now is the start of creative village. >> we came up with the concept to create an area in our city that was devoted to digital or emerging-media companies and academia. >> the goal of creative village is to capitalize on orlando's technology industry by bringing together high-tech companies, universities and, yes, creative types, so the students and the employees of those business can live, work, and learn in the same area. [ crowd cheers ] the former site of the amway arena in downtown orlando is now becoming a 68-acre mixed-use, transit-oriented, urban-infill neighborhood. >> urban-infill development is the redevelopment of areas that are already serviced with a higher and better use. and so over the past several years, you've seen a huge trend towards urban infill development. >> it'll be a downtown within the downtown -- small city

jeff skversky has nick foles day at disney world and cecily tynan has the parade forecast. thursday's victory parade will start at broad and patterson at 11:00 a.m. then north through the city on broad. we are not sure if it will go around city hall to the left or right, but it will likely go left to pack into dilworth park, ending at the philadelphia museum of art for a huge celebration there. let's go live to the museum. "action news" reporter dann cuellar, dan, the word is that a couple of million people are making their own parade plans. >> that's pretty much what everyone is saying. the die has been cast. the order of business set for center city and making the eagle parade set for thursday. without telling anyone for fear of jinxing the game or giving bill belichick a heads up, looks like the city had a head start. >> we did it, baby. >> with passionate eagle fans running on high octane after the superbowl win the city is moving full speed ahead with the championship parade. >> i'm happy they won. everything is coming together for thursday. >> construction crews at th

we will also dig more into those disney earnings. disney shares have been bouncing around a bit. on the one hand it is struggling with its businesses -- television business, espn is this. on the other hand, it is seeing big revenue at its parks business. finally, kors as well doing well on the strength of jimmy choo shoes. the comparable sales falling, but less than estimated. we are also continuing to watch the volatility picture and story. down 14% overares the past two days. it was cut to neutral at jpmorgan this morning. the analyst there saying it is potentially the tip of the iceberg with unlikely reduction in vix trading futures activity. obviously, that has an effect on the business. looking at the vix itself under the reckoning we have seen over the past week or so, the big spike in volatility, it is coming back down but still at a relatively elevated level. closer to the longer-term average we see for volatility. mark: i will show you our vix in a second. we retraced more than half of yesterday's losses. 2.4% was the loss for the european benchmark. up by 1.5% today. ev

. >>> and disney delivers on the bottom line. the media stock moving higher following an earnings beat we'll dive inside the numbers. it's wednesday, february 7, 2018, "worldwide exchange" begins right now >>> good morning a warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost. a quick check on futures pointing lower once again. we were down in the high 200 points, just above that now in terms of declines, down 302, crossing that 300 mark the s&p down 25 points nasdaq down 68 crazy day yesterday. we crossed the flat line many times throughout the session well have more analysis on that in a moment. first breaking news, steve wynn is out following allegations of sexual misconduct. contessa brewer is live in carson city and has been covering this story for us what is the latest >> this is really sending a tremor through the gaming industry in nevada a pivotal inflew he weew influel leader is resigning. he said in the last couple of weeks i have found myself in an avalanche of negative publicity, i have reached the conclu

the disease of volatility will spawn its own cure take today, stock of disney. disney reported an excellent quarter. it is all trapped by that nonsense excellent quarter. the theme park doing fabulously. the movies are doing good. panther is going to do phenomenally and the new online ordering will be priced at $4.99 for thousands of hours of sports programming most importantly you can personalize whatever you want which is important to the young younger generation disney's deal with fox interim disney is buying back its own stock hand over fist the stock was big and it ended up doing nothing and gave up its gains because of all of its craziness. how about this one this is a wild one because this one is going to be knocked down by volatility. not today. couldn't get knocked down because it was too strong. snap i warned you about this since it became publicly. last night's stock report substantial growth you can personalize everything and snap and bit moji are the most downloaded apps in the apple universe the company has religion about not wasting money. cut cos

is it central to why disney wanted the fox assets? no but is it important, seen as an important asset for them yes. that being sky and not just the 39% but to potentially potential full control of some point, yes is there a desire to not be in partnership with the likes of a comcast or anybody else on both of these company's parts, i think that's fair to say we'll be watching this, following it closely in the weeks and months ahead fox is obviously had its difficulties in the regulatory side they may have something of a timing advantage if they do -- if they regulators acede to the latest offerings. not seen as backing down at this point. >> wow this is a very protracted battle. >> it could be. >> comcast stock continues to go the wrong direction. >> all right let's get to bob pisani on the floor. >> we close down 300 points, carl, yesterday. it is a nice open. 3-1 and cyclicals are leading again and we like that that's been the case since the bottom around february 8th let's just take a look energy stocks, industrials, banks moving f

disney's estimates for the holiday weekend suggest $235 million by the end of today making today the second biggest monday at the movie theater ever in history. disney, of course, the parent company of 6abc. >> ♪ all new (vo) you can pass down a subaru forester. (avo) get 0% an 2018 subaru forester models. now through february 28th. more and more student debt is keeping people from doing what they love. (h traveling. ♪ ♪ even getting married. ♪ ♪ ask a leader in student lending how we can help you reach your potential. >> flyers have goalie issues. they have taken steps to correct that tonight. they have acquired 26-year-old morazik. >> to baseball, the first day of full squads in clear water. every philly there. >> jason kelce is a big hit in spring training in clear water. he knows how to give a speech, and he talks to the phillies today. >> clear water is the city of brotherly love today. gabe kapler has jason kelsey talk to the team before the workout. he gives a toned down version of his superbowl parade speech. he hit home. they were underdogs too. >> beginning of the

be the largest owner of the walt disney company. he likes his position in that hump any better than he would in fox or comcast. would -- company better than he would and fox or comcast. vonnie: is there a price at which they cannot ignore the comcast did? and $8 billion is different. >> i suspect they will. they are going to wait on the at&t time warner court battle. that will set the tone. comcast to stick around and really be a player in this transaction. family atrts and the comcast is comfortable doing larger deals. for the same reason disney wants more contentt, get and international exposure. those are the same reasons comcast would want to buy twitter for century fox. what are the other potential targets for comcast? paul: there aren't too many more things of size. viacom is still trying to figure out what to do. sherry redstone is putting those companies together. that would be the other asset of size out there. sony also has a big movie studio that might be of interest to a buyer, although sony says a are not looking to sel

the market is expecting a counter offer from the fox disney camp. we have a long way to run before we can make judgments on how it will look. >> thank you very much >>> turning to today's wall street agenda, we have january durable goods orders out at 8:30 a.m. eastern that's followed by the december s&p case-shiller home price index at 9:00 a.m. february consumer confidence at 10:00 a.m. auto zone, macy's report before the bell after the close we will hear from square, workday, etsy, weight watchers, booking holding. the fed will be front and center as jerome powell testifies before the house financial services committee it's his first public appearance before congress since taking over as fed chair. cnbc will have full coverage of the testimony starting right here at 10:00 a.m. eastern >>> still ahead on "worldwide exchange," palo alto pops, fitbit flops, the good, the bad, the ugly in today's trade. >>> and later, 50 fesses up. what he said about bitcoin that is getting buzz today. the tadeils when "worldwide exchange" returns. your top-rated thi

he finally said he thinks it's a great fit for disney so he would have to pick disney over comcast. >> we struck a deal that we thought was really good for the shareholders and we're excited about it we think the mix of assets that are going to disney will make for a very, very powerful company. and we think that the assets that are staying at new fox are going to make for a really exciting new fox >> now rice wouldn't say whether he will go to disney or to new fox after the deal closes. and he says the role that james murdoch takes on will be up to james. rice saying the deal for thursday night nfl games will give the new fox options for building new digital offerings here's what he said when i asked him if fox is overpaying by committing to some $3.3 billion to the nfl >> so much value is built on the back of the broadcast network and the broadcast network is really built on the nfl and on our relationship with the nfl. so it's a long deal. it's a five-year deal. and in looking at that, we have an opportunity to build businesses on that >> now as for disney's potential to build on h

and like nick foles in the wake of the fantastic super bowl win, we are headed to walt disney world. pandora the world of avatar nature come as live. and at epcot the international garden festival is back bringing amazing blooms and your favorite musical acts and outdoor kitchens serving up creative cuisine. and end your disney day with the newest and most spectacular fireworks showcase in magic kingdom history. happily ever after takes you through the journey through your favorite disney films. >> tune in tomorrow at 12:30 to see the outdoor adventures orlando has to offer. and of course melissa gave them a try and enter to win the vacation for four on the fyi philly page. you have until this sunday to enter. as the one who's always trapped beneath the duvet, i'm begging you... take gas-x. your tossing and turning isn't restlessness , it's gas. gas-x relieves pressure,bloating and discomfort in minutes !! so we can all sleep easier tonight. >>> talking about the oscars. >> that is coming on 6 abc not a bad day. lots of sun and not much wind and up into the mid-50s in the northern an

them in october to disney z disney >> it was a lot of money, right? >> it was very expensive, you add 7% >> we'retalking pixies $135. >> here's the thing, you can go on the calendar and find the cheap are rates for the days less crowded which it's a win-win. >> by the way if you're going to orlando to go to disney world, you know where you should stop >> universal >> there you go. universal. >> and a beautiful experience there as well. >>> and moviepass hits 10 million subscribers after reaping are the 1.5 million users milestone. to see one movie per day at thousands of theaters nationwide some popular amc theaters are excluded, though and it allows users to subscribe for $7.95 per month instead of the $10. >> fascinating i think it's fascinating and they're paying a full ticket price and trying to get it back from the movie theater amc is saying, no thank you, we're not interested but if you're sieeing a boost in atten dance. attendance. >> if you love to go to the movies, it's a good deal >>> time for the must read stories those catching our attent

disney kids product. i think they're going to evolve a strategy this is my estimate that they're going to create one product with a disney kids layer and a hulu adult layer and come to the market with one big idea. >> okay. we've got to go, guys. sorry. >> thank you >> good to have you on. >>> as we head to break, check on u.s. equity futures they suggest we're going to have a down opening dow would open down by 138 r esho ougut st will be able to open his mouth after the commercial break i think we should do that meeting tomorrow. well wait. what did you think about her? it's definitely a new idea, but there's no business track record. well, have you seen her work? no. is it good? good? at cognizant, we're helping today's leading banks make better lending decisions with new sources of data- so, multiply that by her followers, speaking engagements, work experience... credit history. that more accurately assess a business' chances of success. this is a good investment. she's a good investment. get ready, b

. >> reporter: disney is giving $1 million of the proceeds to a dozen boys and girls clubs, including oakland's, to improve stem programs. it's a case of art imitating life. >> technology is just a critical element of the movie, and how the black panther and his team, including his sister and his army, are able to do what they do. >> reporter: in the movie, the title character opens a technology center in oakland. dozens of young people recently saw the movie for free, thanks to donations from the warriors and the a's. >> seeing that movie, you can see, like, the different things that were going on, like involving tech, and, like, the different experiments that were being made. >> reporter: but she never marged disney would take a page out of the movie's script. in a statement, disney said its thrilling to see how inspired young audiences were, so it's fitting that we show our appreciation. now, in addition to afterschool sports programs and tutoring, she hopes the school's computer lab will be updated. >> like virtual pictures, and like animations and stuff. >> reporter: stanley hope

disney has raised its prices over the theme parks. their expenses. cheryl: and they reported earnings that came parks the own shares of disney, not so bad. >> i've been to disneyland two years recently, every single time that gone, packed. you can see why, people still pay prices. lauren: no pushback. plus all the great entertainment , all the new guys. those are not cheap. cheryl: thank you. a lot more markets than we are also watching what's going on in puerto rico. an explosion to cause some major power outage on the island. rain is moving of the northeast. fox senior meteorologist janice dean has the forecast. once again, here we go again. for now it's looking like a positive doping. the data to 89 and the s&p nasdaq substantially higher as well. we shall see you. you are watching "fbn:am." ♪ retail. under pressure like never before. and its connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across m

the other major telecom players will be on it, not disney and fox. it's fascinating that both sides are putting together the witness list and comcast which is interesting, could be on the list. all the conditions mirrors the at&t time your, those conditions will be up. there clearly under scrutiny. one of the aspects that they're trying to knock down this deal is to say hey, look how bad for consumers. they have studies, they say they may call the head of the trump justice to part of the antitrust division. this is getting really interesting. it will be one of most-watched things on wall street. >> how will it turn out you think. they hate vertical mergers because they don't want, they really believe the old media like cnn is in its death throes and in order for them, if they merge for at&t, you're giving them more power and there's one thing the trump justice partner wants to do and that is to dislodge traditional medias hold on the public. for obvious reasons. trump eight cnn, he doesn't like the new york times, make any of these entities stronger

like you said, going from the super bowl, to instantly being at disney world, i mean, you can't ask for a better day. it feels like we're in philadelphia. the fans, i mean, it is green everywhere, fans everywhere, excited about the super bowl win. >> i don't understands why mickey was wearing red, white and blue, should have been wearing a green jersey this. well after the parade foles spent some time enjoying disney world, mvp will return on thursday, the victory parade. >> tiegs nation flying home. fans lucky enough to be in minnesota are now headed back to fill. "eyewitness news" was at philadelphia international airport airport yesterday where eagles fans getting off the plane were still clearly riding emotional high. everyone who talk to our vittoria woodill say being there was an experience like no other. >> we beat tom brady and the patriots, beat the referees, beat all of the hitters? it was great. everybody was cents happy. we're number one. we won the super bowl. con getting coming down. >> my dad had season ticket, he is 70 years old, he was cents out there with my grandson,

she spoke to disney's ceo. >> disney beating expectations thanks largely to the outperformance of its parks asi resorts di. the company saying it saw higher spending and higher attendanced its u.s. parks both in orlando and anaheim, california. also saying it hasig seenr performance of its cruise line division asla well as disn paris. >> it starts with success across the globe, partilarly in som of our international -- or in one particular international park and sort in paris that it had a number of years where the numbers weren't that good. and they have improved substantially. but we have also had record results for our domestic operatio as well. record revenue, record bottom line. an across the board success story. >> also saying he is optimistic about the company benefitting from bigtal distribution of its media networks such as espn. he also announced espn plus, the newubscription app that's launching time this spring will cost $5 per month. for "nightly business report" i'm julia boorstin in burbank, california. >>> the batteried tech sector bounced back aftering getting wallope

we can consider her a disney princess. she is the princess of wakanda and this is a disney movie. >> what can i say? i'm not going to say no. i'll be a humble princess. >> leticia was born in and raised in london. she played a mysterious visitor there in "black mirror." >> don't worry. >> what's next for leticia? >> well we predict big things. she's in ready player one out in march. then back as shuri this spring in marvel's "avengers, infinity war." in the comics shuri eventually becomes the black panther. >> i knew if i was blessed to play this role it would mean a lot. it would be an inspiration to other young women. >> on the rise or what. look out. >> she really is the break out. >> get this. it's not a matter of if, but when this film will hit $1 billion mark. >> here's another movie out game night stars jason bateman and rachel mcadams. by the way fun and games in real life too. >> we're taking game night up a notch. >> how competitive are you? >> i'm not that competitive. i'm there for the giggles. >> turn. >> and

two months after fox agreed to a deal with disney. according to person from a with the matter, comcast originally offered $60 billion, which was higher than disney's successful bid. disney agreed to buy fox movie into production house, a line of paid tv channels, and a 39% stake in skype. that is your bloomberg business flash. francine: thank you. let's stick with the last tour. for more on the potential bidding war for fox's assets, we're joined by executive at her for bloomberg's global deals team. thank you for coming on. first of all, why did fox agree to a sale of assets to disney, although, we understand comcast may have offered higher price. >> that is the question everyone is asking. in this situation, i think the murdoch, they examined both the us from disney and comcast, and they can to the conclusion that regulatory wise, it would be easier to get the disney deal through. also i think they like the structure that left murdock with some shares. grant tinker you decide to merge but there is a huge breakup fee. that i back out

. >>> and c ccast maysider outbidding disney for 21st century fox's media assets. cnbc reports comcast was willing to outspend disney last year for those fox assets, but fox had regulatory concerns. cnbc alsed a that disney has begun preparing itsresponse, if comcast were to present a competing offer. comcast is the parent company of cnbc, which produces this program. shares of fox,disney, and comcast all lower in today's session. >> and bristol-myers squibb said its immunotherapy treatment when used with another one o its drugs helped patients live longer than conventional chemotherapy without the cancer gettin worse. bristol-myers also reported stronger-than-expected earnings which were helped by stronger drug sales. shes down nearly 4% to $60.96. >>> as an investor, this market sell-off may be a little unnerving, so let's talk about what steps you could take to protect your portfolio, whether ryou're a medium a long-term investor. joining us to offer his insights is douglas bonaparte, president of bona fide wealth. welcome, doug. nice to have you . >> great to b

that would be part of a package sold onto the walt disney company which wants to buy 21st—ce ntu ry disney company which wants to buy 21st—century fox‘s film and tv assets and on the other hand, comcast, which has come in with a surprise, all—cash offer, which it saysis surprise, all—cash offer, which it says is superior to what sky is offering and comcast says it wants to ta ke offering and comcast says it wants to take control of sky because it wa nts to to take control of sky because it wants to expand internationally. it says it would be happy to share ownership with the walt disney company but only if it has more than 50%, in other words, company but only if it has more than 50%, in otherwords, only company but only if it has more than 50%, in other words, only if it has full control and maybe walt disney would not be particularly happy with that. what we are going to see now isa that. what we are going to see now is a whole lot more toing and froing and potentially higher bids as well. interesting as well because from rupert murdoch's perspective, this is another spanner in t

, and a great story for fox, who is buying disney. putting up a graphic that illustrate some of what you said. parks and resorts up 21% in operating income, down a bit in consumer products. the one that jumps out at me are media networks, down 12% per year. i understand the cable part was flat. broadcast was down 25%. what is going on there? barton: that is just lumpy. they sell tv shows in broadcast and syndication. later periodsp in as they sell content and other timeslots. there is ratings pressure driving down at revenues. espn had some tough timing of college bowl games. that is not a normalized trend, that is more of a timing thing. the tv network business is clearly a source of concern and i think disney is investing in the over the top initiatives to mitigate that. the jury's still out on whether that will be fully successful, which is one of my cautions, why i'm not recommending it, recommending a cheaper flight play through fox. david: is that being held up because of at&t, time warner? barton: it has nothing to do with that

disney is hiring a new youth activity counselor for cruise ships. you could work on the private island in the bahamas not all fun and game games. >> um-hmm. >> seven day work weeks. limited time off. application information can be found on disney's career site. >> a lot of fun. >> but you're in the bahamas. >> seven days a week. not much time. why would i want to do that? [ laughter ] >> i'm just saying. if you like to, head to disney's website and you can be happy. >> good luck. >> exactly i hope that works out for you. >> thanks for watching. up next tmz followed by page six at midnight then "the q" at 12:30 followed by the simpson's. we're back here at 4:00 a.m. for "good day philadelphia". have a great night. thanks for announcer: today on "tmz" -- harvey: ok, we just broke a huge story. blake griffin is being sued for being a scoundrel, abandoning his family for kendall jenner. >> brynn cameron, so she's the mother of blake griffen's two children. she claims he dissed her and basically sent no money. he missed his daughter's first birthday part

disney world and disneyland raised prices over the weekend. at the magic kingdom in orlando the cost of a regular ticket was up $4 to $119 for adults and $113 for kids. ticket prices are also up for epicaught, hollywood studios and animal kingdom. >>> well, star wars fans are now the proud owners of movie history. the family of debby reynolds and carry fisher auctioned off parts of the estate yesterday. reynolds spent decades collecting parts of the sets. >>> 5:21 right now. this morning we can tell you more about the upcoming royal wedding of prince hairy and actress megan markle. the newly weds will take a carriage ride through windsor and the reception will be held for the guests and couple at st. gorge's hall. and later in the night prince george will hold a private reception. >>> toccata has a new financial agreement after its air bags were linked to at least 21 deaths. landon, good morning. >> hi, there, tracy. good morning. toccata has reach an agreement to victims injured by its air bags that could clear the way for its business to exi

jeff skversky has nick foles day at disney world and cecily tynan has the parade forecast. thursday's victory parade will start at broad and patterson at 11:00 a.m. then north through the city on broad. we are not sure if it will go around city hall to the left or right, but it will likely go left to pack into dilworth park, ending at the philadelphia museum of art for a huge celebration there. let's go live to the museum. "action news" reporter dann cuellar, dan, the word is that a couple of million people are making their own parade plans. >> that's pretty much what everyone is saying. the die has been cast. the order of business set for center city and making the eagle parade set for thursday. without telling anyone for fear of jinxing the game or giving bill belichick a heads up, looks like the city had a head start. >> we did it, baby. >> with passionate eagle fans running on high octane after the superbowl win the city is moving full speed ahead with the championship parade. >> i'm happy they won. everything is coming together for thursday. >> construction crews at th

. >>> plus foles follows through on tradition he went to disney world. the age old question what will you do if you win the super bowl? that is right. we have video. there is controversy about mickey, goofy and what they were wearing. >> what was mickey wearing. >> look at goofy. >> that is totally goofy. >> come on, they didn't know who would win. >> did you hear why mickey is divorcing mini? >>> corry clement and jay ajayi sat down with jimmy kimmel last night, how much fun is that? could kimmel necessity something we don't. yes said nick foles could betrayeded? too soon. >> and their reaction to it. >> yeah. >> good day, it is february the sixth, 2018. >> and we're still riding high >> well, look at you rocking the new hat. >> i'm official, baby. >> what does it say on this side. >> read it and we baby, super bowl champions, sue serio. >> i think it is finally sin king in. you will need much more than that tomorrow but today it is sinking in and new we have had some sleep hopefully and eight úout of 10. this is your weather number for today. bus stop

lauren: disney reported last night. >> one of the bright spots in disney's earnings yesterday. business at the themepark true during the quarter with revenue up 13% to $515 billion. the theme parks continue to perform better in disneyland paris had his third straight profitable quarter. overall reporter and a prospect for them to point for -- revenue rose to 20% in the quarter was boosted by a $126 billion one-time benefit related to the recently enacted tax law. disney close to 46% before the financials were released and went up 1% in after-hours trading. cheryl: nice to see the theme park rating because that's been a drag on the stock over the last year. let's talk about starbucks. they have something fun coming up for valentine's day. >> what better way to celebrate love than with a new starbucks drink. just in time they've added a limited-edition drink. the cherry mocha available for one week only starting today through the 14th made with espresso, mocha and candied cherry syrup and top with whipped cream and cocoa valentine sprinkles. you can get it hot, eyster blended. th