happy holidays to youa. >> and to you. lining up behind us for the annual rendition of the "when the sunshines". >> take it away. >> all right guys. good morning, 8:00 a.m. in culver city, california. 11:00 a.m. here on wall street. "squawk alley" is live. ♪ welcome to "squawk alley." joining us on post nine is julia boorstin. great to have you here jon fortt

is off today. kayla is back. welcome back. christmas eve, dow is a up a couple of points. and we're up for a the time honored tradition here. the rendition of the "wait till the sunshines nelly." and we're going to hear from them in a moment. and sony changing minds against and decided to release "the interview" tomorrow. they are excited our movie will be in a number of theaters on christmas day. paul brown is the owner of the terrorist theater in charleston, south carolina. which in fact will show t"the intervie interview". >> good morning. >> we're good. we talked to one other independent theater chain this morning and said sales are pretty good. same with you? >> crazy. we're generally not an advanced sale type theater but the phone doesn't stop and the online sales don't stop.

it is -- it's great. >> a good place to be for an independent theater. especially at this time. >> yes. >> walk me through the security plan. are you working with local police? >> yes. we're working with -- >> who will be there? >> we're working with local police on both levels. city and county. and a security force. but our theater is -- movie theaters have changed in the last couple years as far as security. cameras and all that stuff. so we have a very safe environment. we have a very welcoming environment. and, you know, it won't be an imposition with our as a change of plans but it will be there. >> in reaching this decision did you ever have any doubts that carrying the movie live on christmas day would be the right one? >> we were originally scheduled to show the movie, you know. and we weren't part of the decision to cancel it. e we didn't -- it wasn't the big box chains that decided they wouldn't follow through. so we were all just waiting in

the wings. and when sony called us back through our film booker, it just seemed like the right thing do. it didn't seem right to censor a movie based on external forces. if you start doing that for one movie, when does it stop? >> paul, i know sony is trying to get this film released video on demand tomorrow, the same day as in theaters which is an unusual situation. what do you think about that? are you frustrated about that? do you think that is going to hurt your box office? >> well first of all, speculation is one thing. we'll see what happens with that. and then, you know, the event of showing the movie in a movie theater has become something sort of different in this case than sitting in your house and watching it. that's completely different. so the notion of gathering for a movie obviously is one that i think is timeless. and i think in the case of a comedy, you know, sitting in a room by yourself watching a the

comedy or with one person is not as nearly as funny with a couple hundred people in the audience. we've seen v.o.d. before or movies that have been on v.o.d. and it hasn't hurt. the experience is part of it. >> do you think the film is going to end up doing better or worse? do you think people are staying away because of the terror concerns or all the publicity will boost numbers? >> it will boost our box office if we were to have released it with eight other screens in our city it would have been, you know, a healthy release. but one that we would have shared with a number of, you know, bigger chains. in this case it will help our release. if they platform it out, start with a couple hundred theaters and widen and widen it. ultimately they may do better. i'm not sure. those decisions are usually made by people with much more experience in the field than myself. >> paul, don't go anywhere.

we want to continue this conversation. just a quick interruption here. it is the day before christmas and that means it is time for the traditional singing of "wait till the sunshines nelly" here on the floor. >> yeah. and there are some things that don't change much in the new york stock exchange. and this is one of them. the singing of the christmas carols and barbershop quartets quarrel go goes back to the 1870. this one in particular game a real favorite during the depression. "wait till the sun shines nelly." ♪ ♪ ♪ wait till the sunshines nelly as the clouds go drifting by ♪ ♪ we will be happy nelly by and by ♪

♪ down the sleigh will wander. sweethearts you and i ♪ ♪ wait till the sun shines nelly by and by ♪ [ cheers and applause ] >> only really became popular during the 1930s. how did that come about? >> it was the song that lingering promising the clouds would role by in the depression and as we got into the war it became more important. >> jim you are sort of the unofficial of the president of the new york floor society. merry christmas to you and your family. >> glad to be here. i'm glad i'm back in shape and intend to be here as long as they let me in the door. god bless everybody. >> a little more raucous in the

1870s perhaps when they had to call in the police on everybody. and a special treat. art cashin becoming a member, december 30th. a nice little celebration on that day and maybe bring it historical items associated with art cashin. everybody down here wishing everybody at cnbc safe and happy new year and a merry christmas. >> thanks bob. bob pisani with jimmy gmaguire and the art cashin. talking about the release out of sony with paul brown. distributions plans change at the last minute all the time. but this certainly got a lot more notice. >> yeah this is remarkably unique situation. and we've had a great relationship with sony and all the distributors. it is the independent that

struggles at times against the chain theater. and in this case, you know, to be elevated and for us a group of independent theaters to take a position and to sort of be treated in the fore front as opposed to the background, it is good for independent cinema and good for expression in different forms. a lot of independent theaters are able to show films that the box stores can't show or don't show or won't. and this just happens to be the most unusual independent house movie in a long time. >> in the immediate aftermath there was talk of a potential streaming deal deal. sony working with netflix or another platform to bring this directly to viewers. have rereached to point where a release on the internet can reach the point where one isn't

cannibalizing the other. >> i haven't seen it as a problem. some people feel it will threaten it. i don't see it that way. our audience is generally a little older. rather not fuss and figure out the internet, have it stop, you know, things go down. power, whatever. they would rather have the idea of coming to a dwagathers spot. we're in a unique position we offer beer and wine is other high end stuff. and they can make an event out of the it. some people just like to leave that is house every now and then. >> paul, thanks so much. it is going to be fascinating to watch tomorrow. >> if you want to follow up afterwards, that would be great. >> thank you so much. paul brown of the terrace theater. >> the markets, major averages extending gains after a record close yodesterday. we're on watch for the s&p 500

hitting a new interday high on its way to 2100. averages rising despite the fact there was a surprise supply bill today hurting oil today and check out the energy sector. not surprising it is by far the worst performing sector on the s&p given that news. that sector down about 1%. price of crude is also falling. it's been falling of course throughout the month after a couple of days of gains. right now it is hovering about 55.78, down about 2 and 1/3 percent. >> asia's plans for expansion may have hit a snag. and --. 2014 not been kind to twitter. stock down about 14% this year. nick bilton who wrote the book on twitter will tell us what 2015 holes. and how much does an artist make if their song was listened to 43

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welcome back to "squawk alley." breaking news on sony's plan to distribute "the interview" on christmas day. julia boris b with more on this. >> yeah. if you want to see the movie you no longer have to go to the movie theater to see it tomorrow. sources tell me sony is in talks

with google to distribute the film via google play as well as youtube tomorrow which is also when it will be playing in independent theaters. sounds like the deal hasn't been entirely hammered out but we expect to hear more from sony in not to long. >> unclear fit's crackle or something else sony that is not disclosed. >> i think the plan is the distribute via youtube and google play and video on demand where customers pay to rent it or buy it. and sony would also try to distribute it through one of its own platforms. it does own crackle but that is ad supported. so they would have to adapt it a little bit to be able to handle payment bus also if there is a huge surge of traffic it could be a lot more than they are used to. >> and pricing on this? >> video on demand, google and youtube sell movies. >> this level of interest in publicity you would have to

think there would be a premium on that. >> i think they will probably sell it for a standard v.o.d. fee. sometimes more if it's closer to a release. but the big question is would it be more because it is the same day as in theaters. >> we're waiting for themorph to come out. and i appears the 11th hour negotiations are still ongoing. we want to get more thoughts from the bubba mararrk karks. he developed the android platform for facebook. and your thoughts initially on sony and these new plans to distribute "the interview" via google's platforms. >> it's interesting to see how rapidly this has been changing over the last week as new information and channels are coming out. i'm really excited to get a chance to see what ends up happening tomorrow. and happy to see companies like google and sony collaborating to figure how to get this film out to people interested in seeing.

>> it and kayla just to update your question on pricing. i'm looking on the google store now. selling some movies, including densal washington and the equalizer for $15. so that is the going rate. we'll have to see how much sony will charge. >> when you think of the strategy or lack thereof sony that is taken on the issue. the cancellation happened a week ago. how long does it take for negotiations to come together? or do you think they have an advantage to wait to t minute to announce any new plans for this? >> a great question kayla. these things are always kind of last second, frankly. big complicated deals with a lot of aspects of stakeholder buy in and also ramifications given some of the underlying context around this film. you know, make it -- i don't think sony was holding back. i think they have probably been all hands on deck scrambling to figure out the best way to get

this movie to consumers. >> walk but through the legal renegotiations that are happening. you have the white house calling, tell i don't go tow scre -- telling you to screen this. distribute irers. i assume talent contracts are taken into the account. >> this is over my pay grade. i've never actually been involved in negotiating a piece of content with this ma stakeholders. but i would love to be a fly on the wall in the deals. >> right. does it color because of all the volatility and the press, does it color -- i mean the argument has been made that whose going want to do business if sony if you have an equal offer from warner? do you think that is going to be a long-standing dynamic? >> it is a great question. again not being on the inside of the hollywood mooshr rmachinery know how that plays out. but certainly in the silicon valley and doing deals at the

dfj, we've seen reputation matters a ton. and i think it's great sony is really doing everything it can to get the film out and keep the reputation developed of being a great partner to artists. >> also a question also if we'll see any management turnover in the wake of this. do you expect to see a shakeup next year? >> oh man. these are definitely don't know how sony will recover and what actions they will take. but certainly it is going to have to change a bunch of things going forward. you know, whether the policy approach or the decision makers behind the whole process. the upside is they are going to have a learned a ton. and i think as an industry are going to have learned a ton about alternative distribution methods. especially in this world of the content and communication devices. >> it seems like this could be a big move for google. google -- people don't think of google as the go to place for

premium video on demand. they really think more about the itunes store. do you think this could shift focus as a place to buy content? it's certainly a possibility. getting in the habit of buying a piece of content from a new provider is a big step because it involves putting in your credit card and that starts to change consumers behavior. >> i have to wonder. and we know the nsa is involved in this whole circle of conversation, clearly the white house and the president who continues to work from hawaii. but you have to wonder if google, i'm on a limb here but got some assurances perhaps that they would get some aid in security. i wonder how the mind set of security has changed at draper in light of what the north credence have be careen koreans have been able to do. >> it's a great question. what us after dfj and our focus

on early stage investing there's been a large wave of security companies over the last 12 months coming past our door and that is only going to increase given the fact of this security breach. and i think it's only starting to get explored in the context of mobile devices which are becoming the predominate computing platform for everyone around the world. and this is an old school hack into a corporate network. but we're going to have to see how these threats and this dynamic changes over the next five years, which i think it will quite a bit. >> bubba there's always been an us versus them mentality between silicon valley and hollywood. obviously now hollywood is showing its infrastructure has cracks where silicon valley always boasts about how strong and foolproof their technology is from a security standpoint. do you think this episode notches one point for silicon valley and if some of these newer upstart platforms will be able to start taking market share and winning bigger piece

of content given what we've seen here. >> huh. that's an interesting question i think. i don't think the rivalry or the boasting between hollywood and silicon valley, you know, from my perspective is all that real. i think there is a tremendous amount of respect for the creative talent in hollywood. and i think likewise for the technical talent here in the silicon valley. and i think our two industries are learning how to work together better over time. given the different business models we've come from. but, you know, it all comes down to killer great content in hollywood and killer great product experiences in the silicon valley. so i think whoever can get those to consumers stands to win. >> bubba we appreciate you joining us. we had a whole docket of things to discuss and we'll have to ghetto those another day. but we appreciate you joining us on sony and "the interview"'s plans to release on google now. >> thank you kayla. i look forward to coming back

some time soon. >> julia thanks for joining us p. when we come back, what are some of the biggest ways you can make money in tech next year? you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now jump off the bridge. what? in 3...2...1... are you kidding me? go. right on time. right now, over 20,000 trains are running reliably. we call that predictable. thrillingly predictable.

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looking at ways you can make money in the coming year and this hour it is tech. here is josh lipton. >> reporter: consumers are never own enough gadgets and tech companies keep pushing their latest products to them in 2015. but not every tech toy will fly off the shelves. first the crowded market for wearables will get smaller. fit bit and jawbone are now household names and the launch of apple watch next year will make a big splash.

but is there really enough demand for so many products that often overlap? expect to see consolidation in the space. jawbone is talked about as a take out target. 2015 could be the year it gets bought. second, gopro goes drone. the consumer drone market is blowing up. and gopro is taking notice. there are reports that the camera maker will enter the space. and while gopro isn't confirming the reports it isn't denying them either. expect the camera maker to move into drones and drive demand for this hobby even higher. third, more trouble for tablets. tablets are under pressure. as consumers opt for smart phones with bigger displays. and so called phablets. the phone-tablet hybrids. expect that pressure to continue in 2015 with the category suffering a slowdown. the exception, apples ipads will best expectations as the tech

titan seeks a bigger role in the enterprise space. >> all right. let's bring in josh to take a closer look at some of those predictions. josh, interesting that you think gopro is going to be making a big move into drones. is this a longer term ambition or something in the short-term? >> i'll be honest. my prediction there was just based on knowing gopro's nick woodman since we were 14 years old. and i nick's great passion along with our guy john foegerty was always designing and making airplanes and i just think nick is going to carry that passion into the year. >> kbogopro up some 6% today. and what about take out targets? you mentioned jawbone that is being sold in the apple store already.

do you see consolidation that apple is a buyer? and do you think there already other buyers as well. >> i see consolidation in general because i wonder how many wearables that you need that there is so much overlap in the space. how many wearables do you need to count calories and steps and monitor your sleep? in terms of apple i think one name talking about the jawbone was actually google still has about 60 million in cash and so nest, jawbone, two nice names to audit to yo add to your roster. >> fascinating stuff, josh. in the meantime it is an abbreviated trading session here in the u.s. as are you know. market is going to close in about 90 minutes. normally this time we countdown to the european close. but today they finished actually hours ago. london's extended its winning streak to seven.

spain finished slightly to the upside. germany and italy were closed and trading resumes once again on monday. facebook versus twitter for the year. not much of a contest. facebook up 48. twitter down more than 40. are big changes in store for twitter in 2015? we're going to talk to nick bilton of the "new york times" in just a moment. take on the challenge of trading options and futures...

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welcome back to "squawk alley" on this christmas eve. dow is up 54, hanging in above 18,000. joining us is this morning, nick bilton, columbnist for the "new york times." a lot of this involving sony. a lot of reports saying it will not only let theaters show it tomorrow but saying in fact it will release the movie on google play and its on streaming service of some kind. and saying we've never given up on releasing "the interview" and we're excited it will be in a number of theaters on the christmas day. you have must have some thoughts. >> it's interesting. if i were running sony the first thing i would have done is say

you know what we're not going to put it in theaters. we're going to put it on the internet. i actually thought when this all started this was going to be the seminole moment where technology changes because of something bad happens but something good comes out of it. and i thought sony would say okay, there is a lot of stuff going on with the emails and theaters and with all these different things. here is the opportunity to experiment with something new, to try something different. and put it on youtube and put it on google play. maybe even on a bit torrent site with ads. i don't know. try something different. experiment. try something new. finally to come to this great. t makes complete sense. i just wish they would have done this a while ago. >> now a release in brick and mortar as well as on the internet. do you think without the big box chains they can get close to that 25 million figure. that was the estimate for how much they could possibly bring in originally with the release of this movie this week. >> it's funny. i think, you know, if in some kind of sick world this whole

thing was one big marketing ploy, it would have been the greatest of all time. i think people are going to watch it just nor the sake of wamping it at this point. i had no interest in going to the movies to see the is int view. it doesn't look for funny. it looks a little silly but because of everything that took place i'm going to pay and watch it. and i think millions are going to do the same thing. like freedom fries. you are going to buy it just because you want to show support for america. >> yeah. game change ner terms of the way we think about security threats this in technology in general, nick? or in a year are we going to look back and think what is all the fuss about? >> absolutely. this is one of the first times i've ever seen i issues. this year we had the target breech, chase, snap chat, drop box. all the things that happened this year. all of these hax and finally it took the entertainment industry to bring it into the mainstream torques get the president

talking about it and so on. and i think you are really going to start to see changes. and one thing i think is going to happen next year. if you look at what kids do. kids use snap chat. this ephemeral messaging service to have conversations and talk about their friends and they do things because they know things will disappear afterwards. and i think that you are going to see within the next year a number of products come out from whether mainstream companies or new start-ups that are going to enable people within corporations and business and government to be able to have conversations that are ephemeral that are disappear all together and i think it is going to create a whole new product category. >> hold that thought. we were getting an auction of seven years today and for that we turn quickly to rick santelli of the cme. >> some of the final paper moving of the year. and we're talking about u.s. treasury securities. 29 million seven year notes just hit the market five minutes ago. early because of the early close t. not a pretty auction. i gave it a d plus.

very strange. the yield 2.125. the when issued high yield and bid was 212. so higher yield, lower price. not a good scenario. here are some of the negatives. -- 2.29 to cover. the one bright spot, the indirect bids at 56.5 was also the best since the end of 2010. all in all not a good auction but we did move the paper and supply is going to be a big issue next year unless rates keep doing what they are doing the last couple day, moving higher. >> thanks rick. back to nick bilton. as, you know, twitter it's not been a great year for the stock. now we've got very prominent analysts saying costolo's tenure is limited what. do you think? >> first i feel bad for any ceo's whose company stock goes

up when there is talk of him leaving the company. that has happened with microsoft and other places. i think one thing that's really interesting. i saw greg peck on here this week talking about the possibility of the costolo leaving and moving and so on. one thing i thought was fascinating was the focus on maus. >> monthly active users, yes. >> and i think it's a wrong metric to be looking at. if you look in the news every single day twitter is mentioned. it is mentioned today with the police shooting. if you look at the sony hax. sony was making announcements on twitter. the president and all these different people are making announcements on this service. it is much more important than the whole and the sum of the numbers that make it up. it's reaching billions of people every day. if it's reaching -- sure millions may be used in the service but it is reaching all the people not on the service.

and i think whether they bring in a new ceo or new product person, the investors need to start looking at it not just interest montly act ich users but from all the metrics. >> do you see to refining a strategy in that direction, nick? >> i've been waiting for wall street to do this for some time. one things that's really interesting is it took facebook to get to 1.3 billion users before wall street stopped looking at how it was growing as far as user base. and part of that was they kind of hit a ceiling until more people get on the internet. but wall street doesn't look at them and say oh well they have only added x number of users this month, we're not going to buy more stock or whatever it is. what they look at is the advertising revenue and the engagement and all these other things. and i think they need to start do the same thing for twitter. it is never going to be a billion user company. i just don't believe that is the case. >> because? >> because it is not designed for most people.

it is designed for media consumption, news addicts. it is almost like if you look at the "new york times." the "new york times" is, you know, we have a million subscribers every day. tens of millions o look on the site. but if you look at something like buzz feed or something like that the numbers are much higher. and part of that is because it is a different demographic. and the twitter is the same thing. you have celebrities and media personalities. you have all those people that enjoy sharing information. but a lot of other people don't. and they just want to consume and that is what facebook is great at. and twitter is going to reach audiences in a completely different way. and the monthly active user number has a ceiling that is not far from where it is right now. >> right, but in the meantime, nick, there are investors who hold public shares of a company worth 24 billion dollars where the stock is down 40% this year. do you think the company should

be grooming something internally just in case push comes to shove next year? >> a great question. and one thing i do think is really important is investors are talking about bringing in a ceo who has money experience. twitter's problem is not money. they are on chart to hit a billion dollars in revenue. the thing they need is product. they need someone in there who can team up with anthony noto the cfo and really drive the product vision of that company. if they can do that i do see the kbruzers will grow. and i do see interaction grow and see it becoming a company that can compete with facebook in some respect. but if they bring in a another money person i don't know what they are going to do differentry from the people already there. >> facebook has almost surreptitiously become a conglomerate. it a maizing we even still call its facebook as opposed to something else. and twitter having not done that, have they set themselves

up as a company that will be bought as opposes to doing the buying. >> facebook, one thick they have done so perfectly is they find the next big thing and they get it before it becomes the next big thing that competes with them. instagram. purchased for a billion dollars and everyone said that's insane. now it is valued at 30 billion dollars. they tried to get snap chat which at the time they tried to buy it for 3 billion. and it is now worth much, much more. they have done this with whatsa whatsapp, okay you loculus. and twitter i think should probably start to think about doing the same thing. they have vine which is a very successful service but they never talk about it. so maybe they should start looking not just at twitter but at the portfolio of the twitter companies and continue to grow

that. >> i think there is a nascent push to get vine talked about more often but we'll have to see if that happens in '15. >> absolutely. >> you are the best. look forward to seeing you soon. >> have a good new year. >> same you do. when we come back ab ugly day outside for those trying to travel on this day. when we come back we'll look at how bad things are and how bad they are likely to get in a moment.

let's hop over to the cme and rick santelli. >> i'm going to be taking a few days off so this is the last santelli exchange of the year. and for viewers and listeners, thank you. hope it's teaching you something. i try to learn something every day and the one thing it didn't take long to learn this year. i look at things on the good side of 2015. it can be summed up quick. total return, ten year note. and 30 year bond. the numbers speak for themselves. the ten year at 2013 was 303. it's minus 70. and that percentage doesn't reflect that we had lower closing yields. the 30 year on the 28% return, settle at 397. >> currently 286.

yes shaved off 111 basis points we knew from the get go on the soft equities the hedge potential to push yields down along with what was going on in europe were big. that is the good. the bad and i say not so bad. look at the following charts. the first -- and thank you barclays. these are their spread charts. investment grade for one month. notice the way it's turning down the spreads are narrowing. junk for one month. also spreads are narrowing. the third chart is a long-term chart of the high yield or junk. do you notice that 1800 during the credit crisis and see where we are today? so that is why it's not so bad. listen, you are going to break a few eggs to make a good energy omelet. this is no exception. and on the last point the good to not so bad and then the unknowable. and this is our last chart. a 20 year chart of what separate it is a ten year u.s. and a ten year bund. right now 170 basis points.

i think the all time widest were created in the late 80s. but this is a long run. and why is this the unknowable because but don't know what the relationship is going to be in 2015. are we going to break away and not pay so much respect to the correlations of 150 basis points which has been very constant? if that's true then we could really see yields shoot up and reflect the growing ste ining s the economy? or is there a year end event? i'll still contend it will be in the mid two teens and we'll have to wait and see. thank you again viewers and listeners. carl back to you. >> i'll take it from there rick. great insight you embark on your holiday. we'll see you in '15. weather creating a headache for million os of travelers this holiday season. live looks coming up next.

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worth. they have seen the most delays and cancellations. laguardia has not made the misery index just yet. and travelers here telling us they are feeling cautiously optimistic. >> so far it's been great. no problems. we're hoping it continues. >> it's smooth so far but the morning is still young. so i hope it's not full of surprises. >> you kind of prepare for the worst and, you know, get pleasantry surprised. >> and port authority officials telling us they are expecting travel tomorrow to be running even more smoothly. >> we expect the wind and the rain to sort of moderate overnight. and actually tomorrow we might see that strange light in the sky that we know is the sun. so we're hoping that travel won't be affected tomorrow. >> and santa claus did come by and pay a visit to passengers hanging out hoping to bring holiday cheer and good news. we did just get a press release

from the faa that santa and his sleigh are cleared to travel in the bad weather tonight. >> that is good news against a not so sunny back drop. kate as always thanks for your reporting today. >> thank you. >> next up. airport lounge, allowing users to view airport lounges and book them for a day. let's talk to tyler dickman the ceo of the -- >> thanks for having me. >> are people getting delayed, is that your target audience or is it bigger than that. >> absolute i. well there is so much uncertainty in the airport experience today and most travelers know that the one thing that is guaranteed is you are going to spend some amount of time in the airport, whether just a few minutes or many hours like we're seeing today with the

significant weather delays and being able to make the most of your time in the airport is really what we're all about. being able to have access to a space where you can get some work done, or just relax, grab a drink oar bite to eat. or just hang out with your family especially during times like this is really an important part of having a less stressful experience. and that is what lounge buddy is all about. both showing you exactly what's inside the airport lounges and giving you the ability to instantly performance access directly within the app. >> so this works in the sense that people have to spend more time in the airport or they have longer than they expected. they download the app and if they don't have status or they don't a have a credit that gets them entree, they can basically buy it? >> yeah. so there are really two types of travelers. those in the know and travel all the time and have elite statuses or membership already or premium

credit card. and that represents about 6% of the population. for those travelers we are the most comprehensive single resource of airport lounge information in the world. you can download the app for free or iphone or android and have that information at your fingerti fingertips for over 600 global airports. >> most popular lounge. is that a function of traffic. is it all atlanta and chicago. what determines what the best lounge is. >> it depends on the traveler themselves. some travelers are really looking for a great business center. or someone wants a nice rooftop deck. there is a lounge, the one world lounge at lax has this great outdoor patio. the turkish airlines lounge innist bull hin i istanbul has a billiards and a

caba cabanas. just a quiet place, a typical i want to get way from the stress of the typical. just a power outlet to plug in my laptop. >> the outdoor patio sounds pretty nice about now. if i had a two hour layover there what would access to that space run me. >> not all lounges offer the ability to pay for access. but loung buddy shows you which lounges are available. and for our partners that we have access to typical access runs between about 30 to $60 and is accessible in about 60 seconds so you can pay with apple pay directly or through about 20 credit cards. and a growing number of airports outside of these spaces as we look into 2015. >> tyler we appreciate your time on a holiday morning. thanks for joining us and best of luck to lounge buddy. >> thank you. happy holidays. >> you too. one of the few businesses that benefits i guess during a delay season. >> i got to check out i that

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south korea has indicted uber's ceo for violating a law establishing public transport. and more, uber saying it will now charge a $2 booking fee for uber t of course it's service that let's you charge a taxi through the app. >> for a company for whom asia growth is important they are having some issues. india and now south korea. >> a company that would prefer to ask permission not forgiveness might find it difficult when it goes abroad. >> -- off setting weaknesses like exxon and chevrochevron.

we're keeping an eye on went which was down earlier. the inventory numbers were bearish and usually that takes air out of stocks. hasn't happened today. >> it hasn't happened. six days of gains. >>'s it for "squawk alley." have a merry christmas. shortened session today. >> carl and kayla thank you. welcome to the closing bell everybody. i'm carroll evans at the new york stock exchange on this christmas eve. >> bill griffith, wishing i was there with you. i'm at cnbc headquarters getting ready to do the nightly business tonight. six straight days of rally. >> and the rally continues. the dow is up 54 and again this is a shortened trading session. so