melissa, back over to you. >> thank you very much, julia boorstin. disney shares hit a 2016 high today. ahead of next week's earnings reports. let's go to carter. do you see a breakout coming, carter? >> i see higher. so here. a couple charts. again, relative performance is one of the most well-documented things in tests. and what we do know is, top panel disney, bottom panel relative to the sector. even as it was going up, it was making new relative lows. right? even always the stock was ascending, it was not only performing, it was underperforming. but importantly we've broken above this relative downtrend line. that is a big development. now, let's look at the chart itself. all over the place. you could draw the double bottom, you could draw the double top. double bottom. double top. and what i see is, something along the lines of this. so here's the -- the pen doesn't work. the presumption is we're going to conclude this by higher prices. so up here. where the pen's trying to write. there you go. 1-7, 1-10. >> carter in his polite way is taking i

i'm julia boorstin in los angeles.n america civil war" is a box office smash and huge success for disney and it just opened here in the united states last night. it's poised to dominate the box office and sell some $200 million in tickets this weekend. fandango reports that the "captain america" sequel is the top selling super hero film of all-time. overseas it's already grossed more than $290 million. it hasn't opened yet in china. this isn't just a profitable movie for disney studios, it also bodes well for the avengers franchise. "captain america" has drawn rave reviews an average of 93% according to rotten tomatoes which usually means the film will hold up well after the opening, and keep people hooked on the characters. meanwhile, disney has been on a massive run this year with blockbusters, including the "force awakens" "zootopia" and jungle book. dis eny seems to have a strong lineup for the rest of the year, including pixar's "finding dori," "alice through the looking glass" and steven spielberg's movie. it cou

julia boorstin has been covering this, along with testimony on friday as well. t do we know? >> reporter: we know the court just reconvened and handed a tentative ruling from judge david cohen saying he has a tentative motion to dismiss the petition. that means what's probably going to happen next, he is going to explain his position and what he has been thinking about over the weekend, his deliberations over the weekend to the court. i hear from the producer who is inside that the courtroom is packed. there are more attorneys in there now than there were friday. most likely he will take that tentative ruling and make it official, once court is in session and he can explain it. we will likely hear again from herzer's attorneys. o'donnell has been speaking out on this. he is likely to go forward and make a tentative ruling official because of his testimony friday. saying he wanted herrous of his life, calling her nasty expletive laced names. the judge said to the attorneys friday, it will take a lot to convince me we shouldn't let him have his way, let him say tha

julia boorstin has more on how tech is tackling tv from the internet expo in boston. >> there are more companies than ever selling access to television. cable and satellite tv companies, verizon and after years of offering traditional bundles of channels, they are now increasingly taking new approaches. offering less expensive slimmed-down bundled distributed over the internet, like fling tv. plus, there are a slew of tech and internet companies jumping into the game. sony is offering playstation view and amazon is partnering with comcast to sell its tv service and hulu is announcing it is working on a new live tv service. already in advanced talks with two of its owners, fox and busy abc. >> the one that you really have to worry about is hulu because it's backed by the content companies themselves and therefore has that one key element which is they've got the programming. >> and it's not just hulu. google's youtube, amazon and apple are working on their live tv packages, hoping to also from all of that data, about what people are watching. tech giants embracing tv is pushing tv compa

for "nightly business report," i'm julia boorstin in los angeles. >>> finally the big screen september just for watching movies, it is part of the competitive boutique fitness industry. imax, the company known for its big screen theaters, is muscling its way into indoor cycling classes, what it calls imax shift. it's already got big money and marketing behind it. diana olick was there. >> reporter: the warm-up is under water. the heat comes when the tunnels turn techno. it's everything you'd expect from imax movies, only in this brooklyn theater, you don't sit back and enjoy the ride, you do it. >> imax is always looking for opportunities to take the brand, the technology, and frankly the focus on larger than life experiences to different places. >> reporter: it was an easy ride for the $1.7 billion movie "empire" to coast into fitness. >> fitness, you have a market of people migrating to more boutique, personally engaging experiences. we have opportunity to accelerate that trend. >> reporter: the cost is a competitive $34 a class, $350 for a month-long membership. >> it's pretty low,

julia boorstin tells us how we got here, hot players are, and what exactly is at stake. >> reporter: tears. f-bombs. a $150 million counter suit. a dramatic first day in court in the sumner redstone trial. there are two key questions in this lawsuit. was sumner redstone mentally competent when he removed his companion and ex-girlfriend manuale heardlight erzer and kicked her out of his pass? two, was he unduly influenced when he did so in allegations he was incompetent have had ripple effects on the companies he controls sparking shareholder lawsuits. redstone stepping down as chairman of body cbs and viacom. if redstone is deemed mentally competent that will shift control of his 80% voting stakes in cbs and viacom to seven trustees including his daughter sherry and felito mann. there will surely be questions asked about who knew what and when. the court had its first problems of redstone in a videotaped testimony played for the judge. a transcript was then released to the public in which redstone made ample use of f-word and another derogatory term to describe herzer, saying she sto

julia boorstin tells us whether it is ready for primetime. >> reporter: believe it or not, 220 million people love to watch other people play video games. now they'll be able to watch these e-sports face-offs on television. today kicks off the first tournament hosted by e-league, a partnership between turner and agency wme. after four days of streaming competitions played in front of live audiences in than tat finals will air friday on tbs. first of 20 e-sports events turner plans to broadcast on television this year, chasing a younger demographic, particularly desirable for advertisers. >> they're going to see a very high-end product with a lot of engagement from a very sought-after demo. and eventually we'll see a conversion of advertisers moving into this space. >> reporter: the em-league sponsors include arby's, buffalo's wild wings, and credit karma. coca-cola is an ongoing partner of riot games league of legends competition. the ceo of the immortals team says e-sports has a big advanta i think what a lot of brands are realizing if you're trying to reach an 18 to 34-year-old male

for "nightly business report," i'm julia boorstin in los angeles. >>> and the drama that is playing out in the viacom board room is one that affects many families and small business owners every year. the squabble over who should control your estate and your business if you're incompetent or no longer here. lisette braxton, founder and co-ceo of her own wealth advisory firm financial fountains joins us with estate planning tips that could prevent end of life squabbling over your estate. welcome back, good to see you again. >> good to see you, sue, thank you. >> let's start, first of all, with the incompetency issue. because that's kind of at the heart of what's at the heart of the viacom issue. how does a declaration of incompetency -- how is that applied, who can do that, who can declare someone incompetent? >> a medical professional such as a doctor can declare someone medically incompetent. if you have a certain document that also specifies another professional such as a psychiatrist, that's an option as well too. but we're looking for doctors. >> in these kinds of fights, though, it

as julia boorstin explains, hollywood is banking on it. memorial day weekend is always a key time for studios to debut franchise films, to bolster the all important summer season. in this year, it is no exception, with fox's x-men apocalypse and alice through the looking glass drawing audiences to theaters. the summer is packed with big budget blockbusters and a number of sequels, including fox's independence day resurgence, and paramount's star trek beyond as well as sony's ghost worcebuste reboot and jason bourne. and there are the films targeting families, including universal's the secret life of pets and ice age collision course. >> there is a mix of r-rated original come ddies, but also family films and franchises and superhero movies. it is all about the familiar in the summer that never really changes. >> the 18 weeks from the start of may through the end of labor day are so important because that summer season accounts for over 40% of the total year box office. >> this is awesome. >> the summer is already off to a great start with

it's like $1.5 billion incremental revenues. >> let's get back to our julia boorstin with more here. >> hey, kelly. i'm digging through the report. it's interesting to point out that while cbs got a big boost from the super bowl and other nfl games, they break out what the odd market would look like if they take out those numbers. so excluding the super bowl and nfl games, they saw a 12% growth in underlying advertising at the television network. so that shows there's significant growth at the anymorework driven by the programming. a couple of key points. they say the subscription streaming service, cbs all access and shows are reaching newer and younger audiences and are beginning to make meaningful results. dhiemt break it out any more than that. they say the high market advertising is on the rise followed by others that are expected to surpass $1 million this year. certainly the growth of the core business even excluding the lift from the super bowl. back to you. >> so 12% underlying growth, okay, that starts to sound a little more like the environment that we're working in. it re

. >> julia boorstin with what to expect after the bell. julia? >> well, disney expects to grow.t's bottom line t studio and domestic parks as well as consumer product fwus biggest focus will be on espn. how much advertising and new revenue from digital distribution and skinny bundles can outweigh subscriber declines. we'll be back with those numbers from disney when they cross at 4:15 eastern. bill? >> all right, julia. thank you. we look forward to that very much. back in november let's all remember we participated in an online clarity cause that's near and dear to our hearts here at cnbc. the lulu and leo fund started by our former colleague kevin krimm. >> bill and i offered to meet for drinks in order to raise funs for the charity and as the bids starting ramping up, we stepdown it up. we started adding sweetens. art cash. a meet and greet on set. >> so today's payday. the winner joins us now at post 9. he's chris gecko. he donated $37,750. we're eternally grateful and he was able to bring a guest and that was mr. christopher mangum. you didn't know up till now how much he d

for "nightly business report," i'm julia boorstin in los angeles. >>> coming up, why researchers may have a whole new set of options when it comes to treating depression, substance abuse, even ptsd. the second part of our modern medicine series is next. >>> the human brain, a miracle, of course, and in many ways still a medical mystery. but now technology is helping doctors understand how the brain really works. and in the process, he's unlocking new treatments. meg terrell has the second part of our series, modern medicine. >> as many as one in five veterans return from war with post traumatic stress disorder. their current options for trea behavioral therapy and medicine. but those options don't address the electrical circuitry governing our bodies and brains. >> we focused a lot on the chemical side because in the mid-20th century we began to develop the first medications that affected neurotransmitters. >> dr. darren go heritydoherty the department of psychiatry at massachusetts general hospital. >> the other side is the electrical and that's been less exploited as a treatment po

. >> thank you very much, julia boorstin. disney shares below a hundred bucks a share. remember, last summer, it was the conference call that really took the stock down. this is going to be critical what happens in the next hour. >> 121 that day. ever since it only revis ted once. it's been basically going sideways or lower since. how do you trade disney at this level? it's basically comprised of four companies, but still at the xoer media company. not disastrous, but it was a miss. you have to ask yourself, what's the right valuation for disney in this environment? they still deserve a premium valuation, in my opinion, better than cbs, better than viacom. the right valuation is about a 16 multiple. slap 6 1/4 earnings on that, which is what they're due to earn and you have a hundred-dollar stock. i think bare value is $100 for disney. >> you're a shareholder. >> everyone was concerned when guy talked about the $120 level. everyone's concerned about the skinny bundle and espn. cable numbers actually look good. if you look at cable numbers, those were good. broadcast num

julia boorstin live in l.a. advertising strong. >> this ties into the exact conversation we were having about twitter. what he's saying, certain properties, offline, talking about twitter, they know facebook's doing very well, one of the things that twitter did say is they are changing more towards video ads. that was one 6 tof the reasons the bad guidance. maybe budgets are being redistributed. we talked about the election year, it's going to be big for tv. but don't forget the second stream lastly on cbs, expected to have about 20% eps growth, trading 14 times. >> i thought the most interesting thing was the election year. we know there's going to be huge advertising coming. every election cycle, newspapers and tv. so places i would look is newscorp, that's another way to play this. "new york times" is another way to play the election year. >> are you saying you like this? >> i like this along with. if you want to pick something else, say, maybe disney's not going to get as much ads, and you want to offset any

julia boorstin joins us with look at who is cashing in. julia? numbers are pretty amazing, aren't they. what's amazing is that esports is not just for teenagers streaming video on twitter or youtube. it's ready for primetime. today kicks off the first tournament by eleague, a partnership between turner, owned by time warner, as well as agent wee. in front of live audiences in atlanta, it will air on tbs on friday. turner plans to broadcast on television this year. chasing a younger demographic, desirable for advertisers, also branching off from turner's reliance of traditional tv content. >> not only does it offer legitimacy for the hard-core fan, but it also opens the door for a casual fan. and the potential to grow the audience. >> former nba player said this tv tournament is a turning point. another way esports teams can cash in on the booming business. >> your ticket sales, your media rights, sponsorship, and merchandising, all the ancillary and traditional ways you would see a professional sporting franchise capitalize on their investment. >

julia boorstin tellss r iy im >> reporter: believe it or not, 220liplov to watch other people play video games. now they'llo watch vion. or face-offs on today kicks off thest nebe tand hosted by ag a agency wme. afur d sng competitionslad in fro t0 e- events s. than tat turn plans to broadcast on television this yearng ules for emographic, advertisers. >> there to see ay high-end product with a of engagement froy sought-after demo. ellll see a conversion of advertisein into this space. >> reporter: the ea sponsors include arby's, buffalo's wild wings, and credit karma. vanta the immortals tends ner i think what a lot o b ezing if you're trying to reachn 18 to 34-year-old male demographic it's this or netfx a netflix doesn't sell advertising. >> reporter: former nba player ck who owns a team mpetingay ts tournament is a turning point for e-sports. another way that tmsanh in on their growing fan se >> there's traditional sports, thdi srt attack to it, which is your tic sa ditssponsorship, merchandising, all the ancilla an traditional ways you would see a traditional srting frhe capitalize

for "nightly business report," i'm julia boorstin in los angeles. >>> try and fund management exits its stake in pepsi in "market focus." according to a regulatory filing the activist hedge fund sold its more than 18 million-share stake in the snack and beverage company in march. triann said pepsi addressed many of the operational issued addressed by the hedge fund. the news sent pepsi down 1.5%. >>> the cfo at tiffany and company steps down resigning from the luxury jewelry retailer by the end of the month to become cfo at newell brands which owns sharpie, markers and yankee candle. shares fell nearly 3% to 64.43. >>> honda posted an $860 million loss as currency he winds and hefty costs related to its takata air bag recall dragged down results. subsequently the company plans to recall 21 million more vehicles in addition to the 30 million vehicles it previously recalled. shares down more than 4% on the day to 26.28. >>> acacia communications made its stock market debut today. the telecom equipment company rai 4.5 million shares sold at $20 apiece. the stock rose more than 34% on the d

julia boorstin has more on disney's disappointing quarter. >> reporter: disney shares falling in after-hours trading on earnings that were short of wall street estimates for the first time in years. still adjusted earnings per share grew 11% on standout gross from the movie studio growing its revenue 22% and its operating income 27% from the year ago quarter on blockbusters "the force awakens" and "zootopia." ceo bob iger kicking off the thannings call by talking about the h films. there seem to be concerns about the media networks division including espn, its revenue is flat in the quarter, that weighed on disney's succes >>> robert luna joins us more to talk about disney's disappointing earnings, at least the street was disappointed. he's ceo and chief investment officer with surevest capital management and disney is one of his top holdings. welcome, nice to have you here. >> thanks for having me. >> the street seems disappointed but does the stream have it right? you seem to think the fundamentals are pretty strong. >> i mean, to the point that disney's a company that just doesn't miss, r

back over to you. >> our thanks to julia boorstin. are you perplexed? you know, i think a lot of these items julia ticked off there just get at the kind of nagging fears of a disney investor. are they going back to the same well too, many sequels? and also i think the theme park -- i don't think anyone's worried about how disney's shanghai is going to perform. there was other news about loss of espn. just quantifying the losses say from early this year through may but it seems they've picked up because overall basic cable subs have lost. so all that stuff together, you might as well ding the disney premium. >> i think that's true but i'm going to disagree with you a bit. the noise around china, the fear that their theme park expansion wonltd go off well. that seems like an overhang. the road one reshoots, i used to cover film business for "wall street journal." that happens all the time. any time they have issues or rumors, if they have to delay it, that's a concern, but i think reshoots do happen. it's true that the bar is very high after "the force aw

. >> and the company was suppressing conservative news on the trend section, and julia boorstin can tell.a. >> well, carl, facebook is denying a gizmodo report that they had suppressed stories about con ser servative topics were prevented from showing up in the trending section even though they were popular among the social network users. republican chairman reince priebus responded by saying f e facebook must respond, and #make this trend. and the manager of the trending topics says that facebook does not allow the reviewers to systematically discriminate against sources of any ideological origin and we've redesigned our tools to make sure that is not going to be possible, and it is a fireable offen offense. and so this is so important because facebook reaches so many people. >> and so, jon, we have seen the politization of cable news channels and television, and is this next? >> well, this report from gizmodo does not pass the smell test. and there is only no named sources, and we are to believe that the young conservative journalists are breaking the biggest story of the year online a

. >> thank you, julia boorstin with pete cashmore in washington. about the biggest bond deals in history, and the biggest acquisition of emc. what are you watching, rick san tell areally? >> well sh, it is just what you mentioned. it is oversubscribed by a knock -- oversubscribed by a factor of five. we will explain this all after the break. >> coming up on the halftime report, it isron is buying the stock and he is going to buy the stock to join us exclusively. and jeff bezos will take the stage at the stockholder meeting. >> and the josh brown -- >> many others bu, but he is th one in our hearts. >> yes, thank you, scott. see you soon. >> and dallas is moving closer to completing one of the largest bond deals ever, and how they plan to finance emc. the company launched a $20 billion with yields that are likely to attract investors. the dell deal would be second largest ahead of an hizheuser-a. they are planning to do it by october? >> yes, and it is a foregone conclusion, and what a masterful move by michael dell. think of the way that icon was p

julia boorstin record this report. >> on earnings on share that came in short on wall street estimatesor the first time in here. share investment grew 11% on the movie studio. it grew 27% and operating from 27% from a year ago quarter. the blockbuster "star wars: the force awakens" and zootopia, and talking about the films and many focused on espn and the impact on distribution and skinny bundles on disney's media business. iger saying that disney channel being included in packages are a positive for disney that there are more similar packages in the works. >> we're also in discussions with a number of entities, some current distributors that are coming forward with new packages, and some completely new distributors, all have expressed an avid interest in having espn and our other channels included in our initial offerings. and we're very, very encouraged by the discussions/negotiations that we're having. >> iger also talking about potential to take disney's content and brands correct to consumers saying that disney's subscription service launched in the uk is a success and looking to

julia boorstin has the report. >>> cbs shares higher results on both the top and bottom line.enue grew 8% to $3.5 billion. earnings per share increased to a record $1.02. ceo les moonves saying he believes they can see double-digit price increases. he also said cbs expects to set a report for political ad aref knew in the coming year. cbs also saying that digital ads will be increasingly more important but you'll get more bang for your buck with broadcast ads. >> clearly, there's a shift in dollars coming back to network television. part of this is because there are questions now arising because of the effectiveness of certain digital advertising platforms. and as a recent study by standard media index showed there say direct correlation between tv advertising and sales results. >> as for the rise of skinny tv options and bundles, moonves saying it's a huge positive but higher from what cbs gets from its other partners. when asked about reports that cbs is looking to collapse its two classes of shares, he said cbs is a strong independent board and says they're evaluating all o

julia boorstin in los angeles.ck, 1% gains on the major averages, but shares of best buy are not participating, moving sharply lower down almost 7%. the latest retailer hit by a weak forecast. more on the retail wreck straight ahead. and then shares of gopro down 80% over the last year. they're up today. what can ceo nick woodman do to turn it around? we'll ask him in an exclusive interview coming your way on "squawk on the street." man 1: you're new. man 2: i am. woman: ex-military? man 2: four tours. woman: you worked with computers? man 2: that's classified, ma'am. man 1: but you're job was network security? man 2: that's classified, sir. woman: let's cut to the chase, here... man 1: what's you're assessment of our security? man 2: [ gasps ] porous. woman: porous? man 2: the old solutions aren't working. man 2: the world has changed. man 1: meaning? man 2: it's not just security. it's defense. it's not just security. it's defense. bae systems. >>> best buy out with results beating estimates but forecast giving i

our julia boorstin live in l.a. with those details. hey, julia?reporter: hey, scott, disney's studio has been on fire with this past weekend's record-breaking "captain america civil war" as well as "jungle book" but that won't impact the second quarter. "zootopia" and "the force awakens" are expected to boost quarterly results and prompted analysts to raise price targets and estimates. domestic parks and consumer products are expected to be strong but it's espn's massive media networks division likely to move disney's stock. espn stock announced that verez-in have resolved a battle about the inclusion of verizon's slimmer tv bundles. the question is whether advertising growth with outweigh advertising trends. we'll see how they move into sony's view and the verizon custom tv packages. analysts are warning of the shift of some college football games into the fiscal first quarter. they say they will make it for tough comparisons this quarter from a year ago, period. iger's cautious comments about declining subscribing numbers that sent disney shares

trial is finally coming to trial, and it is schedule d in 15 minutes in downtown los angeles, and julia boorstin a look at what is at stake. hey, julia? >> well, john, when the trial begins today, first up is the testimony from sumner redstone and the court will hear from the media mogul pre-taped testimony, and the courtroom is closed for that, and we won't be able to watch it, but there is a transcript that is going to be released. in the lawsuit, two key issues. first with sumner redstone, was he mentally competent when he removed his health kcare worker as the proxy is and kicked her out of the mansion, and was he two, unduly influenced by toez of the inner circle about that. and we have heard that he was incompetent and living ghost obsessed with sex and steak. and then he stepped down as both cbs and viacom, and replaced by the ceos of those companies les moonves and if it is found to be true, that is going to shift the trusts of viacom over to the seven trustees and his daughter shari and his chairman and ceo philippe dauman, and for viacom in particular, the stock is down 39% in the past

. >>> and now, inside of viacom, and we have julia boorstin with more of the saga, and julia, you maying us daily on this saga. >> yes sh, and this morning, sur redstone is calling for replacements of the boards because of the trust which is controlling 80% of cbs and viacom voting shares. according to the amusement counsel and former media and executive executive are reporting that the oldest dau daughter is being appointed to the theater company and amusements, and he said that this is my trust and decision and i have kept those who are loyal to me, and removed those who are. and just yesterday, they filed suit for their dismissal because of redstone's mental state. but walking back the defense of redstone's mental state last fall, a spokesman said that he never commented as to mr. redstone's competence on any matter at any time much less to make conclusive decisions about issues concerning large public companies, and now reports are circulating that sumner and sherry are looking to shake up the board. so the $40 million media empire debate is just beginning. >> yes, another shareho

cnn's julia boorstin is going to join us from los angeles with a look at what happened. julia? >> well, "alice through the looking glass" with a big bet of the $170 million budget is falling short of the 2010 massive hit "alice in wonderland." and the gross over the long holiday weekend brought $25 million short of projections on the negative reviews and the audiences choosing to see the film in 2d rather than the high-er priced 3d, and this is jarringers because of disney's massive year with the record-breaking "captain america" and breakout hits "jungle book" and "zootopia." disney has sold nearly one-third of all tickets this year, and far ahead of fox in the two position with 18%. now, this is coming as page 6 published a report that disney execs are panicked over to the first spin off of "star wars" with reshoots in july planned. but reshoots are quite common, and i have heard that the film is very good, and the trailer got rave reviews and the film is a 99% want to see it on rotten tomatoes. as for the disappoint iing memorial day box office, disney was not alone. the "x-

and julia boorstin joining us with more. >> john, a slew of products from the bed lenins to china teacupsume based on the character. it is to drive awareness of the movie, and around the products of "alice in wonderland" disney isle roing out products from every point part from neiman marcus to walmart. and the biggest promotion, hsn hosted the largest ever movie event, selling sandals to handbags to the $1,300 mirror. more than 100 of the 300 products have sold out. in addition to the toys and the kids' costumes disney is reaching to the highest end, and collaborating with jewelry and luxury apparel and shoes and hats ranging into the thousands of dollars, and while the studio has been on a winning streak, " "alice through the looking glass" has garnered a terrible rating on rotten tomatoes, and worse than "alice in wonderland" which was a massive hit grossing 34 billion tlrz worldwide. and this is set to gross about half of what the prior film did in its opening weekend, but if disney's strategy delivers, this brand is going to be paying off in product, and the alpha presence at-- and a

please welcome julia boorstin. [applause] >> thanks so much.elcome onto the stage try to welcome ceo of at&t entertainment, fresh from the acquisition of quickly. will have 20 to talk about today. -- plenty to talk about today. so john, just to you enough acquisition of quickly. what is the scope and how does it fit into at&t entertainment strategy? >> a headline guy that is was before. we want to go to deliver premium content to customers on any device wherever they are. as you get underneath the details behind it, 12 years ago when we started to work into the pay-tv business we have some decisions to make on platforms and how we do that. it was a real painful decision to make to walk in and not own your stack of technology to the kind of accelerate your entrance into the business. so after 12 years i think what this represents an with final havhave a culmination where we e a culmination where we own the entire technology stack to deliver services to our end-users. that's really important to adding a buddy in this room understand the. we have

our julia boorstin is there at the auction for what is up for grab grabs? >> do you want the buy peggy's typewriter or the sunglasses or the lighter? my favorite, pete campbell's bar in the shape of a globe. 1,500 props here on madmen sold on behalf of lieyolyonsgate. and screen bid which is an auction house which specializes with the items from the tv shows will start the auction next wednesday for many of the items at less than $100, and the fans can bid online for the item, and fans will receive a screen shot of where the product was within the show. and they will have a cut delivering the rest to lyonsgate which benefits from the incremental revenue, but drums up attention for the show a year after it is ended and drive people to buy episodes on amazon or itunes or to stream it on netfl netflix. and fans can binge on the show long after they have left the air makes his business more pop you lar. >> the availability of the streaming services for people to access the show whenever they want and to revisit the characters and the revisit the storylines is g

we have an earnings activation with julia boorstin. how 'd they do, julia?> they beat on both the top and bottom line as well as raising its revenue and earnings guidance. adjusting 23 cents per share. this is versus estimates of just 12 cents. wall street analysts have been looking for just $813 million. so a significant beat on the top and bottom line. they raise guidance to be a hair above wall street estimates on both the top and bottom line. key factors driving the company's growth. revenues were at an all-time quarterly record. representing an ailtime quarterly record of 88% of it. the success there in digital. they give a sense of just how big these communities are playing these video games. both activism and blizzard claimed their largest in their history. activism showed active users. blizzard with 26 million active users up 23% year over year. >> thank you. >> if you look at the digital outlay, that's what everyone wants to see. can they move k they transition to digital. look back at king. everyone said they paid $5.9 billion, but if you look at s

julia boorstin has more. is then founded and became ceo of one west bank.k to the cit group last all. he also formed do you know capital this then partnering with bret rack ner now han embarrassing chapter, relative media. ryan calf non-is cochairman of the bore. he left on the heels of the company fids for channel 11 last year. reportedly losing as much as 80 million. as well as the president atrun, a toll of 64,000 to democratic cases and len that is 40,000 to republicans over the past two decades, according to open secret. michelle, back over to you. >> thanks, julia. donald trump speaking on cnbc about a host of issues facing the country, even as he becomes the likely nominee. there are new pops showing he would face po templeal a dramatic loss against hillary clinton. i conservatives and business people going to get behind him finally? so jimmy p., what do you think? anybody by hillary? or will they really get in there or sit it out just like we heard the bushes say they're going to sit it out? >> i think the bushes mike an exception. i think people wh

julia boorstin has the latest. hi, julia. >> reporter: shares. it was certainly a dramatic day.d she were present. they were both quite emotional at times. ridstone's video was played for the judge. the video was closed to the press, but we did receive the trand script. redstone's transcript used amply the "f" word. he said herzer stoeld money from him and he didn'ted want her in his life. when asked if e he loves her, he said he hates her. he's happy with his care and wants his daughter sherry to be in charge of his care. the burden is high for herzer's camp to show why redstone's testimony and desires should not be desired. tl interpreter often gave answers before redstone had a chance toance himself. redstone's attorney says redstone will show exactly what he was doing when he threw out herzer from his home. the doctor testified that redstone's mental status was severely compromised and that he did not understand the consequences of his actions. now an additional twist. sumner redstone now plans to sue manuela herzer and other girlfriend sidney holland to recover the $150 mil