hollywood heavy weire pulling their shows and movies from netflix, which leads to questions about netflix future. those stories and much more tonight on "nightly business report" for this wednesday, june the 26th. good evening and sue is off tonight. the next big driver f stocks coul take place a world away from wall street in japan at the site of the g-20 summit this week. that'shere president trump and xi will be meeting to discuss trade. an important moment in the trade dispute between the two economies in the world and today, secretary mnuchin said the two countries are close to a ulal. >> i'm hop we see a deal, but there needs to be the right efforts in place and this isn't you know a deal for having the sake of a deal. we were about 90% of the way there. i think there's a path to complete this. but we'llwe see whae got. >> market watchers know we've heard comments like that before which may be why after initial excitement this morpg, reaction ended up being new. the dow was down 11 points, we're at 26,536. nasdaq up 25. actually the real action today was in the energy market. gasoli

but you get all of this content polled nielsen says 72% of the viewing on netflix -- and netflix sayscase, but doesn't give us the numbers -- is series like "the office," is library content. does it start to hit the value proposition for netflix when really all it's about in the future, perhaps near-term future, is their originals >> well, i think that all the studios gave them a big head start to train an audience to watch content differently. and where it's hard to get against netflix is how fast they went global and how much they are going after the international marketplace. and that's the piece that when we think about re-runs of "the office," we're fixated on the american audience, but internationally, they're looking at other content, at greater volume than just the american content, and that's where netflix, i think, is putting real firepower and real energy with a giant amsterdam office they've opened up, a madrid office and studio, let alone what they're doing in the emerging world so it's going to be hard to bet against them in the u.s. market, i think they're going to face

and i own netflix.me point in time disney will start to really be something that will be a thorn in the side of netflix i think that's down the line and that's why i think you can own both because they have other factors moving into the upside and netflix, i have to tell you something, that competition will be real and there are so many dollars that can get spread out in the streaming world kate was on the conference call when you brought up disney >> it's remarkable how well he was on the conference call because we do it whilest the halftime report is in progress >> with that said, though, it is the strength of disney that's been pretty remarkable given the move we saw from 118 to 136. you had a huge volume day when facebook traded three and a half times normal volume and it was a 50% correction of the december 21st low and the recent high for the first time, facebook shakes out pretty well on the side >> we have to talk about apple in this conversation because what steve was just saying about net flis

, and if you look at netflix's sort of family of shows and what people want to watch on netflix, onlywo of the top ten most-watched shows on the platform last year were netflix originals. netflix absolutely relies on its licensed content if you look at three companies, nbc universal, cnbc's parent company, disney, as well as warner media, three companies that happen to be launching their own streaming services, those three companies compromised some 40% of all viewing on netflix, according to nielson. the stats are pretty staggering. it will be interesting to see how much more netflix has to invest in original content to compensate for some of those shows. >> in other words, those three companies are the producers of 40% of the viewing. >> yeah, so they produce content licensed to netflix. and what we're going to see is some of those shows start coming off netflix, like "friends," warner media is launching its own service and we can expect "friends" will be exclusive to warner media and pulled off netflix. >> julia, thanks so much >> thanks, tyler. >> good to see you. >>> normally saf

>> i took it a little more as a netflix versus at&t, right i can't buy netflix because i have reallytrict disciplines around how i invest. free cash flow yield, dividend yield and valuation. i can't buy something with no yield at 133 times earnings. looking for 20% upside and like that space i can own at&t, a 20% move brings it to 15 times, 32.5 dollars would put it a at $39. you have really good assets there too like hbo an "friends" and "seinfeld. it's a neat way to play it without taking the valuation risk so i love that you said disney versus netflix i would take a different spin. >> that's fair >> if you go back and you look at netflix in 2018, you're basically talking about a stock that had nearly a $200 range from july to december. the best thing that has happened to netflix in the last six months it's trading in a $40 range. this is a stock that was viewed as highly volatile, a momentum name, finally what's happening with this stock is it's losing a lot of the volatility, it's maturing, it is becoming a company that you're able to rely more on what the fundamental forecast is

road to talk with cultural pioneers and the stars and co-writers of "always be my maybe," now on netflix, ali wong and randall park, along with director nahnatchka khan. and we start our show with one of our favorite events. it's time for frameline 43, the san francisco international lgbtq-plus film festival that starts this week. now, founded in 1977, this film festival is the longest-running, largest, and considered by many to be the most widely recognized lgbtq-plus film exhibition event in the world. ofround 60,000, certainly the biggest in the bay area. with me right now is daniel moretti, the director of distribution and educational programming for frameline and a prominent figure in global film projects. and we're also proud to have william j. zang, a filmmaker and publicist, here to talk about his latest project, "dress up like mrs. doubtfire." welcome to the show. william zang: good to be here. daniel moretti: thank you for having us. robert: you know, we've been big fans of the event for quite a long time, but for people who haven't been as familiar, give us a quick overview of

i know i've talked about netflix before here's my problem with netflix netflix is going to lose $3.5they're going to have negative cash flow of $3.5 billion, it's valued at $150 billion you have disney coming in and they're launching a service around 7 bucks, netflix's average subscriber is $13 a month. they'll have plenty of cash flow to fund it from the rest of their businesses and this is disney, they'll ramp to 150 million subscribers or so by fiscal 24 if you believe their top end estimates. netflix right now has 150 sue kriebers it's hard for me to imagine that netflix continues to add subscribers at the rate people expect when you have disney at 7 bucks a month and netflix at 13, i think netflix has a huge problem in the fourth quarter. anybody who doesn't have a service is thinking of adding one, they're going to think of disney first before netflix. people aren't going to turn off their netflix but i think in terms of the incremental subscribers out there, i think disney gets the majority of them. >> you put another stake in the ground we can check you on in a year. >> pleas

tonight, the buzz and the backlash over the netflix mini series on an infamous rape that gripped new york city and the nation. a wave of criticism now washing over the head of the former sex crimes unit for her portrayal on the show, and she's now publicly firing back. >> they made us lie. right? >> reporter: a crucial turning point captured in the new netflix mini series "when they see us." >> police officers! >> reporter: of this role and retelling of the infamous retelling of the central park five. >> the reason the case became such a sensation is pause becau was a true intersection of really toxic issues. racial bias, sexual assault and the rise of the tabloid media. >> reporter: the convictions were vacated in what has become a permanent stain on the justice system. although they were never exonerated some argue the public perception around them should change. >> the language around exonerated five is far more powerful and transformative than the central park five. when we hear central park five we hear crime, trauma, violence whchlts we hear exonerated five we move the spotligh

let's trade it we were talking about how netflix dodged it too earlier today, but i don't think of netflix in any way, shape or form like an amazon or facebook. >> their biggest problem is that there's too much competition i think people will make it difficult on them. >> there's a reason why google is just omni powerful and i don't see netflix like that. >> i don't get it as a hedge like hide out in netflix and valuations. >> no. less of a note there >> except for technicals of a fang trade >> i don't know. >> what are the odds if we have a weakening economy that people are going to cancel the netflix subscription it's probably one of the last things you do. so there's probably some certainty in the earnings stream or revenue stream on this and it's probably why it traded fairly well in the sell-off. so of the fang, i agree with you. i think you take it out of the fang for the antitrust issues and you just look at the pure stock and take the symbol away and it actually trades really well in this environment don't you think we have a lighter touch in this country than in europe >> of cours

we have much more on netflix ahead. it's all about the fed this week policymakers getting ready to meet tomorrow. a decision on interest rates set for wednesday followed by chairman powell's news conference steve liesman is here with more on what investors should be bracing for. >> the period of the fed's patience could be coming to a quick close. the word first appeared in the january statement and was taken as it was on hold. now patience is not long for the fed's statement. we expect the statement to drop the word patient, which implicitly implies a hike, and albeit with noncommittal language here's are the probabilities we have been following. still something of a bid on a rate cut this month. i guess you guys are going to debate that. it's 20% usually it's zero when we're sure they're not going to cut. 80% for july, and 96% for september. by the way, all these prices will tell you there's a 50% chance of three cuts by december the fed will strive both not to upset a market that has baked in rate cuts, and at the sa

in the upcoming future because netflix currently faces the pressure of it being pulled. we see with disney and others to follow, netflix is becoming more dependent on its original content and the games make it less riff yk to relay original content around building up a brand of a new show from scratch. >> so that's turning games into tv shoes let me ask how it impacts some of the competitors in the existing market leaders when it comes to focusing on platforms if you're an xbox user, you're focused on the console and your interface. is there a chance microsoft will try to diversify the platforms available to its potential users? >> possibly. so as i mentioned, it all goes back to belding up the entertainment systems. if a consumer is about to finish a favorite show and start a gaeming session, it's a lot better for the company to provide that rather than have them engad in the competitors. one other thing i wanted to say, netflix as a user base has gotten significant overlap with gamers so our vary shows 46% play on it and 33% on console there will actually be that you c

tales of the city is available on netflix now.cide with the 75th anniversary of ve day. a weekend of events is being planned in england, wales and northern ireland to mark the end of the second world war in europe. scotland is yet to announce whether it will make a similar change. when construction began on the sagrada familia cathedral in barcelona 137 years ago, it seems there was one thing the architect forgot — planning permission. but now, that's finally been put right, after the city's authorities awarded a building permit. the lack of the document was only discovered three years ago. the committee charged with completing the iconic gaudi—designed construction will have to payjust over $5 million for the right to carry on. now it's time for a look at the weather with alina jenkins. it has been a blustery and cool feeling saturday, some showers and longer spells of rain and gusty winds and we keep those going to end the afternoon, touching a0 or four 01’ the afternoon, touching a0 or four or five the afternoon, touching a0 or

netflix up a whopping it%. boeing, up 7%. oracle up 5% exxon up 4%.ith stocks at record highs and the s&p 500 surging 2% this week, guy adami, would you trade or fade this market? >> trade it or fade it! top of the show on friday. i got to be consistent, mel, and i will say fade it it has clearly been wrong now for weeks if not longer, but i will say fade it as we go into the next week, g20 i think will be a nonevent, which is negative. fedex earnings next week i think will be negative, which is market negative. the fact that the vix is at these levels rallied today, 15 or so has been a level where the market has sis torically sold off from over the last year or so all of those things equal on top of which the run has been magnificent, too much too fast, i say trade it into next week. >> you are trading it? >> i would trade it. i can't think of a scenario that you would fade this rally. >> really? no scenario? not one single scenario? >> what if something happens at the g20, don't you think it is a risk >> i don't know. the fed is still there waiting

what made you think of netflix >> netflix had a similar problem as tesla has now they announced a pricease and changes to the product when there was a reaction and they lost 23, 24 million and the stock tanked 40% and it took them two years to recover and they went from 20-plus million subscribers to 150 million and what you see is the same phenomenon irrespective of what the quarter to quarter numbers say and the category has a huge tailwind behind them when i looked at the streaming opportunity back then, what i saw was the exponential opportunity was much, much bigger and regardless of what happened quarter to quarter and i see the same thing for electric vehicles and it's 2% of the market now and it probably has a tail wind to get to 20%. 60% of the grand's growth comes from the category tailwind so given that i think the long-term demand is not an issue here. >> are there places where the comparison, you believe falls short and i wonder if netflix blames the same scrutiny or the concern about cash burn that is a huge concern that tesla faces right now? >> clearly, streaming and car

. >>> and why the loss of "the office" for netflix should make investors nervous. >> no! no ♪ >> this is "the exchange" on cnbc ♪ lower calories. ♪ higher expectations. the light beer you've been waiting for has arrived. corona premier. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. >>> welcome back new jersey is looking to jump start some much-needed innovation in its economy. once fifth in the nation in total venture capital funding by 2017 it had fallen to 15th well behind states like florida new jersey governor phil murphy joining me good to have you here. >> good to be back >> let's just talk first and foremost about what happened in this state and why. i mean, it was once pretty good on th

netflix?think always the toughest job is the content play. creating new content netflix has a great library but now without the ability to find library product from others it's about their new content. disney has a great library, as we all know. it's going to be about finding new content. so w4eg9 it's ted sarandas or bob iger or warner brothers or fox or anybody else, the end of the day it's house of cards. that's what helped make netflix. yes, having the library of disney, the library of nickelode nickelodeon, the libraries around tount got them started. they're ail going away it's all going to be about new product and their own library. >> what about hulu now that disney's in kroefl hulu they can really take it global but it is going to be an investment they have to look more at locke the content and the higher cost of capital how would you play this? >> the trifecta of disney plus, espn plus, and hulu seems to me a strong sales proposition in various ways to sell it. the economics are -- h

i watched the netflix series and i was shocked, okay?lly laughed out loud when i saw felicity huffman playing linda fairstein, implore the police to go out and round up all black men in harlem. i thought that was absolutely preposterous. it never happened. linda fairstein was never even in the precinct that day when the investigation was started, first of all. second of all, the district attorney does not give orders to the police department. they do not direct our investigation. our investigation was well under way once linda fairstein arrived at the central park precinct. >> someone who knows only of this case what they watched in that four-part series would come away thinking that the admissions, videotaped admissions were all coerced. that this was all the result of cops who were acting in a nefarious way to railroad those five individuals. as one of the police officers who made critical arrests in this case, you would respond how? >> well, that's ridiculous. all you need to do is look at the videos. watch the videos. look at each on

, which is the sort of other side of this, netflix is dormant.s literally stopped trading it's in a very tight range equilibrium persists but doesn't last forever something will come along to break it out or break it down, and the truth is, here and now it's a pair of 2s. it's a nontrade. it's a nonhand. >> for everything "options action," check out our website and check out our supercool newsletter it is the best thing since sliced bread, really here's what's coming up next ♪ activewear >>> activewear is hot, but mike khouw says there's one name in the space making him more like an active bear he will tell you the name and how to play it >>> plus, calling all "options action" fans reach into your pocket, grab your phone and tweet us your question @optionsaction. if it's nice, we'll answer it on air, when "options action" returns. ♪ ♪♪ ♪♪ ♪♪ the first survivor of ais out there.sease and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. be go[ laughing ] gone. woo hoo. ♪ we

, number one now, netflix still comes in second obviously there's no misty n netflix is the big daddypectacular they'll be torn apart and as everyone else launches their own platform netflix is going to lose a lot of content disney, at&t, and comcast account for 40% of netflix's viewing minutes. that's one of the reasons it's here and not there there are plenty of legitimate concerns here but i think netflix has already established itself as the top dog in the streaming and they're not going to have that much trouble retaining subscribers. the company's being putting out content for years and it's a slate for everybody. they have a treasure-trove of data about what you want to watch. it's almost artificial intelligence like and their international growth has been spectacular they target the taste of individual countries. i'm going to put warner media in here that's a subsidiary of at&t. this is another service that doesn't exist and unlike disney plus we have no idea about the launch date. however according to a piece in the "wall street journal" yesterday, warner media is going to ru

netflix, we've for a long time said that it is an expanding space. >> disney, on the other hand is an player in the space, and they have a win are winner the valuation is not unreasonable and we've seen good stuff coming out of espn and for me from a fundamental standpoint almost everything looks good and we'll have some earnings coming up and the only thing that concerns me here is that the stock has indeed been as strong as it has. we've had the huge move up so what do you do if you don't own the stock you want to, but you're just concerned about the fact that you've had that appreciation and you want to get long, but you're worried about that upwards gaffe i think the way you can look to play using a call spread risk reversal and we're trying to deal with the fact that options prices might be slightly elevated and also we're trying to give ourselves a way to participate to the near upside without having to participate to the near downside event and we might give some of that back the trade was the august 13 on, 145 and 155 call spread and spend $1.35 for the $1.45 calls and the 1.

and it's going to be on netflix. ever wanted to hang out with amy poehler, ma rudolph, and dratch and everybody, and then i show up - >> jimmy: this is it >> it's a murderer's row >> jimmy: yeah >> it's ridiculous >> jimmy: we have a clip lpre's tina fey, maya rudo and rachel dratch in amy poehler's directorial debut, "wine country." it's on netflix in mayth check is out >> jimmy: hey, do you mind telling me what the hell your problem isno >> you kwhat you did >> jimmy: i don't. >> well, maybe if you weren't popping so many pills, you would have a better sense --im >> j: popping pills? what are you talking -- you know what?s fine, st not talk for the rest of the clip >> fine by me. >> jimmy: yeah, fine by me too [ laughter >> just so you know, i will hi smile and finsih tinterview because i'm a professional but in the future, i will be shopping my wares elsewhere. >> jimmy: your wares >> you heard me, jackass [ light laughter ] >> whaare you up to, nothing >> champagne time! all right, everybody [ laughter ] [ cheers

er >> i'm political >> jimmy: and then this summer it would be on netflix when >> you never know on netflixhink they're who they are, as we used to say. >> jimmy: basically what everyone is going to see is your take on politic the state of the world. >> and it's how the country is going to break up and how i'm scared we're go having to a civil war. you don't want to see a civil war, fat refugees. it will be the first time in history you have fat refugees. just refugees in flip-flops and shorts >> jimmy: which is available at the nbc store right now. it's perfect >> jimmy: oh, my i do want to show a clip of your special. this is on tnn on demand now or be cool and wait for netflix to tell you it's on "colin quin, red state, blue state" >> and now we're at the risk of a civil war and we don't want do see one in this count rae. it's going to be the first time in history you see fat refugee that's not a good look refugees in shorts and flip-flops and dunder miffline t-shirts and pulling coolers towards the canadian border. it's going to look like a giant cattle drive from nowki are in history c

. >>> plus, the most popular show on netflix is leaving the service. >> god, please, no!t because of a reboot in "e.t.'s" got the answer! sorry about that. sorry. >>> minutes away on "e.t." the must-see video of the day -- >> adam sandler's on stage su right now, earn 60,000 bonus miles after qualifying purchases when you apply and are approved for the hawaiian airlines world elite mastercard. plus, you earn miles on everyday purchases. get closer to the travels and moments you'll remember forever with this special offer. need another reason? enjoy an introductory no annual fee. to apply, visit hawaiianairlines.com >>> there are many reasons to love beyonce, and he just gave us one more. the fact that even though she is a megaa huge super star she still lets her mom tina cut her hair. >> awe natural. >> that's really annoying. >> we see the inches. the thing i love most is she is in the kitchen letting her mama cut her hair. might be a $20 million kitchen, but -- >>> here is another mama/daughter duo who's bringing the laughs, chrissy teigen and her 3-year-old daughter lu

. >>> plus, the most popular show on netflix is leaving the service. >> god, please, no!t because of a reboot in "e.t.'s" got the answer! sorry about that. sorry. some big news from mr. clean. stop struggling to clean tough messes with sprays. try new clean freak! it has three times the cleaning power of the leading spray to dissolve kitchen grease on contact. and it's great for bathrooms! just keep pumping the power nozzle to release a continuous burst of mist and make quick work of big jobs. it even works on stainless steel. it cuts through 100% of dirt, grease and grime. available with easy-to-swap refills. to get three times the cleaning power, try new clean freak from mr. clean. >>> minutes away on "e.t." the must-see video of the day -- >> adam sandler's on stage to look at me now, you don't see psoriasis. you see clear skin. cosentyx can help people with moderate to severe plaque psoriasis find clear skin that can last. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fig

>> keanu reeves was a complete scene-stealer in the netflix romcom "always be my maybe."that's how he always walks into a room. >> i'm pretty sure it is. the guy's got swag, he's killin' it as john wick. and he's a voice in "toy story 4." and he's also a viral sensation. >> it's clear keanu is having a moment. and "e.t.'s" been there for every phase of cool keanu. >> i love movies. >> there's bill and ted. whoa! >> gosh, i love movies. >> there's a bomb on this bus! >> i love watching them. and i love making them. >> this week, keanu has become a viral sensation, thas to his passionate way with words. >> you're breathtaking. >> you're breathtaking, you're all breathtaking. >> minds were blown and respect was given as fans realized he never touches women during photo-ops. >> "e.t." has seen that in our nearly 35 years with keanu, starting in the '80s, when playing ted was an excellent spiritual adventure. >> i kind of had him in my body for a long time after and in my spirit he was there a lot. it was fun. ted, ted, i'm feeling blue, where are you? "dude, don't be down, it

tales of the city is available on netflix now.ed in england, wales and northern ireland to mark the end of the second world war in europe.

shares in netflix fell after nbc said it would pull the comedy "the office" off netflix in a few years to m southwest, get to that in a minute. broader stocks fell after fed chairman jerome powell reaffirmed the fed was about independent body and would not be influenced by president trump's pressure to push interest rates lower. and independence a good thing. you'd think investors would like that. all they heard, we're not pushing interest rates lower unnecessarily, and the markets fell. the "wall street journal" reports the faa reassigned some of its inspectors in charge of making sure southwest airlines behaves in a safe manner. this comes after complaints they weren't doing their jobs properly. the "journal" earlier reported baggage handlers were not always giving pilots proper information. a southwest spokeswoman told the "journal," we remain absolutely confident our maintenance procedures ensure the air worthiness of our aircraft." in the back seat of an automated car from drive ai. told the state it will shut down. partially sold to apple but trying to get details how many employ

it is netflix. who is saying what netflix bulls may like it. first survivor of alzheimer's disease is out there. and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. (danny)'s voice) of course you don'te because you didn't!? your job isn't doing hard work... ...it's making them do hard work... ...and getting paid for it. (vo) snap and sort your expenses to save over $4,600 at tax time. quickbooks. backing you. ♪ ♪ ♪ ♪ ♪ ♪ applebee's new loaded fajitas. now that's eatin' good in the neighborhood. >>> welcome back we have a big analyst call just crossing on netflix literally moments ago. markets upgrading it on a buy, 25% up side to where netflix is right now the analyst there believes that netflix has built what they call an unstoppable lead in subscription video streaming and that the margin opportunity is expanding takes becomes both content producer, distributor and retailer a 425 target we're at 329 so that is 25% -- my fingers, you know, sometimes the fingers don't

netflix was our top pick off that correction. plenty of mistakes in these stocks no question about it, but i think the long-term thesis on netflix and i like netflix now, an overhang related to the new competitive offerings, i think there's still a path to $480 doubling in the stock in three years. i think they have pricing power and see revenue growth super strong content in the back half of the year and started off talking about regulatory risk. the only faang name that can say we have a competitive environment we're stepping into between now and the end of the year because of disney, because of apple, at&t, time warner and comcast. i do think however the netflix value proposition is compelling enough they can work through those competitive launches >> mike, is faang still key or critical as important i should say to the broader market as it was? >> it has been more important at times, i think there have been times when they were one decision stocks and no real doubt about the fundamental side of how much you pay for them i thi

we only talk about netflix these days because of original content.s the last time you talked about the library of movies that netflix had? but that speaks to the strategy, right? >> you talk about that, but most of what people are watching is still the library. >> sure. but it gets so much more attention about the original content. and maybe that's the reason why they are spending so much on it and why everybody else is, amazon, the studios. all of these guys are trying to get content. let's not even mention the jj abrams warner. >> when nbc launches its own streaming service, if it pulls "the office" off, i think that's still the most watched thing on netflix. >> i watch it every night while i am falling asleep. but we know the sleep schedule is important gotta turn the ipad off, put in the ear plugs, lavender. >> i've got lavender growing in the backyard, it is my proudest moment guys, thank you all. >>> coming up, less than 24 hours after its announcement, congress concerned with facebook's crypto currency plans while lawmakers are demanding on th

the obamas have that big deal with netflix.ally strong urge to go back and complain about something. >> so the question was, do we have the wherewithal and the resources to be able to do this. i'm sorry. we are about to honor and observe the 75th anniversary of d-day. going back to 1944. we don't think we have the wherewithal and the ability to actually deal with a crisis in the city of los angeles that is 50 blocks. i am pretty sure that americans can figure out how to get that done. >> can i go back to a block from friday? >> i haven't had that urge in so long. >> i know why that is. you wanted to respond to me. i appreciate it. i think it is a legitimate concern. i am looking for ideas. i this i there are people who want to do that. >> let me just say this. when you guys look at why huge book deals come in for obamas and the clintons. obama has a deal with netflix. i think clinton is going to get a deal. why? we believe in capitalism and these corporations say, hey, there is a huge demand for political content right now. not

you have the netflix issues comparing whatever will happen with disney. but when you think about the facebooks and googles of the world i believe their compliance and regulatory costs will likely go up. but let's think about where are the advertisers going to go? if you're thinking about the fundamentals of the name, i don't believe there are other names out there that realistically when you think about facebook that are going to compete ultimately your close your eyes and hold on tight. >> that's why those stocks are where they are looking yesterday, facebook down initially 2% on this news that zuckerberg's emails may have shown he knew about some of the privacy issues stock goes down just 2% and now it's back to where it was because as doc and pete said a couple days ago at the new york stock exchange when we were there, it's all in the stock the negativity is all in. >> but for all of these up and downs -- >> because of what kourtey said, you have a duopoly where are they going to go >> amazon's been stuck for quite some time and your point is well mad

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-day moving average, netflix and other members of faang have not >> i think netflix, this is a hit driven not had a hit lately i think that matters tremendously hayes, he always says bring it on and that level of not arrogance but i am emperical evidence of how he's been so right makes people feel terrific i think that we need to see some real numbers from disney i love the concept what are people thinking of disney plus. is it for real >> who knows, right? everybody sort of groping in the dark on pricing and we'll see. it sounds like a great value proposition when you compare it to going to the movies there is been a lot of talk actually this week the skinny bundle. pbs presented yesterday, they can't make an announcement yet there is a negotiating and people need to be seen it is usually not one-on-one subscription it is through a bundle highly coveted real estate right n now. >> roku is ending up being the arbitor. i think roku is a platform, an equal system and not a gimmick i think they're one of the few companies that took on amazon and won. do people talk about roku at the conferen

if you say netflix what is the first offering from what it was quick. >> netflix raised prices in the last six months three or four dollars probably. i have to get the exact number. >> but for them that is a big percentage. >> yes they are in the 1099 or 1299 price range they are moving up closer to 15. >> thank you. thank you mister chairman. starting with mister powell, i think i heard you say the main reason prices are going up we pay providers more? is that correct quick. >> that is the principal reason yes. why else are prices going up quick. >> given that the cost is increased at 35 percent per year those are the most massive drivers. >> is profitability up quick. >> not a video. like broadband or the profit margin has declined over the last ten years. >> do you reduce prices or is this just a fact of life they will outplace - - outpace inflation quick. >> with those experimental efforts to have new business models that can do that. for example, the mvps launched our skinny bundles a smaller collection of programming at dllower prices. i'm worried to see many of them forced to r

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it's currently streaming on netflix. so happy that you're talking to him. before we get to our fantastic guests, 10, count them 10 democratic candidates squared af in the presidential debate for more, it's time for a closer look donald trump is constitutionally incapable of sharing the spotlight with anyone. so are democratic taking the stage. he went to something called the faith and freedom conference to gurgal up old man nonsense >> we said merry christmas, you remember i usually save flat november, december but i was thinking they're all taking it down off the department's doors, everything happy holidays they're saying merry christmas again, it's interesting. our president may not be the best at the bible, may not have read it 2,000 times. but he's the best for us my wife watched. i said you have to see this. it's great invention called teevo. you know it's like better than television because television you never see it i played it back >> oh, my god get me off this cruise ship. is this a presidential speech or bingo night? this guy shouldn't be standi

we look at the netflix series about the innocent teenagers in new york. the central park five wrongfully convicted. >> i've seen excerpts of that. very powerful. >> it is hard to watch. >> you have an interview on it. welcome to our viewers in the u.s. and all around the world coming to you from atlanta, ga, i'm natalie allen. >> i'm george howell from cnn world headquarters, "newsroom" starts now. >>> the presidents of mexico and the united states both cheering their agreement on migration that now takes the threat of tariffs off the table for now. >> mexico president andres manuel lopez obrador said he spoke with president trump by phone and stressed the desire for dialogue and collaboration with the u.s. >> for the u.s. president donald trump tweeting everybody is celebrating the deal. there is little detail on that. >> an now there is word that parts of the deal aren't new at all. they were actually hammered out months ago. >> boris sanchez has more on that now from the white house. >> reporting in the new york times indicates that certain key aspects

we'll sell you out there is no selling out at netflix and sales force.f is not going to sell you out facebook will sell you out in a heartbeat, right >> if you say so >> i am saying so. >> let's go to the bond pit, rick santelli is at the cme group in chicago hey rick >> guys, it is so fascinating today to watch the yield curve it is flattening a little bit. why is it so important seeing two-year note yield leading the chart to higher rates. look at the chart starting on may 10th, it is not quite a big bottom, we'll get to that. it is certainly turning. you can see the reversal it is all about the fed. equities are looking better. the notion of the fed and built in into the keg. it is changing every minute. if you look at the ten-year, now you can see what i am talking about. same date, may 10th, more define double bottom. it is the bottom, we are going straight up in yields. it is a bottom nonetheless now foreign exchange is future ca fascinating. there is going to be much worse for not having that chapter. the euro currency is doing better because the

globalization period it will be network driven i predict that america will become a subscription service like netflix you will subscribe to america and they have to offer you a value proposition to keep your subscription alive and they should we should be able to figure this out i think i would happily pay a monthly subscription fee if i got access to america the enterprise and they could pay the occasional didn't like andrew young or suggesting if $1000.00 a month that's a dividend from my subscription to america that's fine there's no coercion involved as the course of taxes involve that we happily pay my monthly america subscription for the value that it offers me well you should be able to have a subscription to which every nation on earth you want in whichever one has the best policies because i'm going to skip ahead to the other story i had here about the united states and what part of the reason why i think it's china has ina reliant is that what inevitably happens in this sort of system where you have lobbyist and political power which is better and better and caught you know more and more co

to show netflix movies in our theaters i can confirm that discussions are under way with netflix andhose discussions turn out we don't know yet. we've been pretty insistent that we have a healthy theatrical run, but we would love to see netflix movies in our theaters, and those conversations are taking place >> adam, great to see you. thanks for joining us. >> big summer ahead. >>> up next, your wall street look ahead, the key things every invest needs to watch as we head into a new trading week when we return i don't know...our relationship is just kinda boring. uhm, you're not alone. i used to have a limited selection of shows on-demand. and let me tell you, it got very boring. i got directv last week and they have more than 50,000 titles to choose from. but what about my problems? classic narcissist. what was that? nothing. tv without thousands of titles on demand is just kinda tv. don't just kinda tv. directv. sign up for directv and get hbo included for a year. call 1.800.directv. with licensed agents available 24/7. it's not just easy. it's having-a-walrus-in-goal easy! roooaaa

do you like netflix? sure you do. that's why it's on us. 2. unlimited data.ight. t-mobile will match your discount. ♪ >>> our first guest tonight is one of the biggest rappers in the world. all of her albums have gone platinum she's the first female to have 100 appearances on the billboard hot 100. give it up [ cheers and applause her latest single debuted at number one on itunes. mega tron is out now everyone, please welcome nicki minaj! [ cheers and applause ♪ >> oh, my god. >> a great new york city crowd right there. [ cheers and applause thank you for coming back. welcome back to the show. >> thank you for having me >> welcome back to new york. i want to talk about megatron that came out on friday. went straight to number one. on itunes. does that excite you still when songs come out number one >> yes it always excites me no matter how many songs you put out, it always feels good to know that people care enough to check for it and support you >> does this mean is there a new album. >> there's definitely a new album of course. [ cheers and applause >> i do

do you like netflix? sure you do. that's why it's on us. 2. unlimited data. use as much as you want, when you want. 3. no surprises on your bill. taxes and fees included. still think you have a better deal? bring in your discount, and we'll match it. that's right. t-mobile will match your discount. at pure leaf, real tea leaves we blend the finest tea leaves and brew them at a lower temperature for a smooth delicious real brewed iced tea. i'm alex white, pure leaf tea master. our thing is tea. >> trevor: welcome back to the daily show. when a news story falls through the crack lewis black catches it in a segment we call back in black. (applause) plaws. >> as you all know from my incity-- instagram, i'm not just a booty model, i'm also a wellness junkie. i'm always looking for the newest short cut to a healthier life whether it is the paleo diet, pill ates or committing medical insurance fraud. i may not have the body of a 35 year old but i have this blue cross card. so you can imagine my excitement when i heard of a new all-natural miracle drug. >> now to the

don't want consumers to know the prices right if we're going to lead drug companies advertise like netflix on t.v. and people subscribe to antidepressants they subscribe to their prozac they subscribe to their various medications and it's sold on television like netflix now getting back to my idea about selling america as a subscription service you know i think you could have the possible to subscribe to different countries but in a more germane to being part. one jurisdiction that being united states you could have a republican or a democratic subscription so i would like you to subscribe to netflix and h.b.o. and some other streaming service people subscribe to multiple streaming services you can subscribe to both democrats and subscribe to republicans and pending on the how each one is offering and what the what's on offer you either cancel one or not cancel the other one and have a couple difference of different services now there are the pharmaceutical companies have they have r.x. subscription ok we pay through every month we pay them and they're saying you know get or are you know a