what does it mean for amc if it does?well, we're actually quite excited about the possibility of working with many corroboratively to create a premium on demand window, send movies to the home in the first two to six weeks, but there's a misunderstood issue because people think that that's a risk to the movie theater business. we see it as opportunity because in discussions with hollywood, we expect meaningful participation, and so we might get paid when it hits theaters or you stay home. it's good for us, good for the studios, and good for moviegoers, too. having said that, we're only in discussions now, will be awhile before it's reality. >> i read the quote from you, ad adam, talking about this, at amc we have a backbone, a firm one, and if we can't forge an agreement on a new window advancing our interests, we take any and all necessary actions to protect yourself. what kind of action are you talking about there? >> make it positive for a second. we're in discussions with all major hollywood studios about participate

first with amc entertainment. julia, how do they look? >> amc beating on the top and bottom line. share. beating expectations of 5 cents of share, and revenues beat by a hair at 1.28 billion versus estimates of 1.25 billion. the theater owner said ahc is off to a tremendous start of the year, and saying they are just beginning to unlock growth potential of the company's recent accusations, and they are now moving to make what they expect to be highly lucrative investments in powered recliner seats, enhanced food, and beverage offerings and it's 3% on the news up, and more fancy theaters, be ready. back to you. >> i'll take it. thanks, julia. let's get to hertz earnings out. susan lee? >> bill, third straight miss for hertz global. quickly going through the numbers, eps, a loss of a buck 61. much worse than expected. revenues missing as well. 1.92 billion for hertz global, and this is a company that is 35% owned by carl icahn. it goes back to use the car prices falling twice as much as expected, really hurting some say the value and their credit worthiness, and some say there could

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emily: we are seeing drops in and revenue at time warner, amc network.t is sometimes a vicious cycle. what is behind this? say therexecutives are broader economic concerns that are coughing -- that are causing advertisers to hold back. tv and rates are declining. the tv networks are trying to charge higher prices for commercials, but advertisers are saying, you are charging me higher rates, but i am reaching fewer viewers. we are seeing those higher commercials are not making up for the fact that ratings continue to decline. it is also related to the tv industry itself. emily: what about uncertainty over president trump's policies? is that at play? paul: i think it is. we have heard from the global advertising agencies. one of the largest in the world cited uncertainty around the new administration as one of the reasons why the north american market for them was weak in the first quarter. a lot of advertisers are sitting on the sidelines with their discretionary advertising budgets. they want to see how things shake out in terms of u.s. economic policy.

emily: we are seeing drops in ad revenue at time warner, amc network. to a certain extent it is a vicious cycle. what is behind this? gerry: there are a couple things behind it. area executive say there broader, macroeconomic concerns that are causing advertisers to hold back. tv ratings are declining. tv networks are trying to charge higher prices for commercials, but advertisers are saying, you are charging me higher rates, but i am reaching fewer viewers. we are starting to see those higher commercials are not making up for the fact ratings are continuing to decline. on a big macrolevel and related to the tv industry health. emily: what about uncertainty around president trump's policies? is that at play? paul: i think it is. we heard last week from the large global advertising agencies. we heard from the largest ad agency in the world. they cited uncertainty around the new administration as one of the reasons why the north american market for wpp was particularly week in the first quarter. a lot of advertisers are sitting on the sidelines with their

amc topping the street's expectations.dmissions revenues surging more than 69% in the latest quarter. the stock bouncing after a tough start to the year. shares up at marriott. those are getting a pop after the company beating on the top and bottom lines. the world's largest hotel chain reported a nearly 67% rise in quarterly profit as more people booked rooms at higher rates. >>> pandora reporting a smaller than expected loss in its latest quarter but guidance was weak. shares trading higher as the streaming company announced a 1$150 million investment from kr and a boardroom shakeup as it gears up for a potential sale. >>> few other stocks to watch. commerzbank reporting a 28% jump in net profit topping analysts forecast. the german lender helped by an increase in income from trading securities. >>> dialog semiconductor posting better than expected earnings but current quarter rev ni wenu weak. apple, their biggest customer s developing an in-house solution to replace the power management ships. elliott advise seniors lu

by the way they bought the amc theater chain and we can potentially start entering the chinese market. >> and beyond investment, exported movies, sillicon valley exporting all sorts of services all around the world. again, does that only benefit the shareholders of apple and facebook and google? or does it very much benefit the nonelite? >> the interesting thing about services is that we tend to have a trade surplus in services and a deficit in goods. and that's because we deal more in cognitive work, more in information. and california disproportiona disproportionately so. does it only benefit the elites? well, it benefits the well educated and the well educated, that's that information skill class and there again that does not benefit the industrial workers in the midwest who have lost their jobs due to a whole host of things including globalization, automation, a change in the economy and changing tastes. and so you have that group of workers that are hurt by this major transformation from an industrial economy to an information economy. we've seen this before in economic history a

. >>> amc entertainment topping street expectations. admissions revenues surging more than 69% in the latest quarter. the company saw a big increase in food and beverage revenues. >>> shares of marriott getting a pop after beating on the top and bottom lines. the world's largest hotel chain reported a nearly 67% rise in quarterly profit as more people booked rooms at higher rates. >>> pandora reporting a smaller than expected loss in its latest quarter but guidance was weak. shares trading higher as the streaming company announced a $150 million investment from kkr and a boardroom shakeup as it gears up for a potential sale. >>> a couple things on the agenda. at 10:00, the job openings and labor turnover survey along with wholesale trade data. three fed speakers, regional presidents neel kashkari, eric rosengren rosengren and rob kaplan. lots of earnings on tap. discovery communications, liberty media, dean foods and valeant all report before the opening bell. we'll bring you that news as it crosses the tape. after the close, electronic

amc, talk to them about that. >> they'll be on the show today, thank you, bill.lly evans. >> making me bill griffeth. another milestone for apple, closing with a market valuation above $800 billion for the first time ever. up 72 cents now. look at whether the tech sectors are overheating nowr

. >> maybe a bunch of discovery channels or scripps or amc.ot of different things for a lot of people at a lot of price points. this is only going one way. this quarter has shown cord cutting is picking up speed in terms of it occurring. people are not necessarily just going with one of these bundles. a lot of them are disconnecting entirely. netflix, amazon, i'm done. >> i want to point out chris berman who is a great friend. his wife was killed in a car accident last night. my condolences to chris and his family. one of the great people. wow. >> horrible. >> i have to say it because chris has been a great friend and supporter of us and what we do. >> espn has a story out this morning that his wife was killed in a two-car crash near connecticut. teacher. 67 years old. >> anyway -- i don't mean to -- i just feel -- >> no, we should point it out. a devastating tragedy. at the same time, jim, old school media, time today. with the 18 cent loss. the revenue miss, slashing the dividend from 19 cents to 4. shows you the challenging of even storied

. >> funny you mention, we have the ceo of amc theaters here the other day, adam aron, talking about,er things, the possibility of them, you guys, the studios, using this premium video on demand tool that would show a movie just after it leaves the theater and before it goes to pay-per-view, all these different it rations now. does that take away from the movie theaters themselves and the whole experience? >> i don't think so. adds to it. at fox, they were going to release a movie called 9 to 5, day and date with the video cassettes as they were called, but dvds today. they said that'll destroy the business. i said no, it'll add to it. there's a segment of the population that wants entertainment when they want it, and, also, a segment of the population that doesn't want to rush out to first weekend to see a movie. if they pay a little extra, invite a group of friends over to watch at their home, i think they would be there. so i don't think it's threatening at all. people want out of the house, and those who are older want people over. it'll broaden the base. >> why is now the employm

." >> two-hour season premiere on amc.ing to keep note of, the character dan nny salazar. fans will be happy with his return. >> and "queen sugar." >> a two-night premiere on june 20th and 21st. the journey of the siblings to once again honor their father's legacy in the sugar cane mill. a lot of people likes the first season. this one should be much, much better. >> and to music, coldplay has a new album? >> june 30th, dropping an e.p. a minialbum. it's called "kaleidoscope." and the first one is called "hypnotize." he's calling it a dream-like ball ballad. it's a companion album to the to 15 "head full of dreams." anything they do. >> and katy perry has a new album, "witness." >> her fifth studio album. three singles have been released. in an interview, she said she wanted to make an album that connects, relates and inspires. she has a busy rest of the year for 2018. she starts off her north american tour on september 7th. also, is performing with ariana grande in manchester on june 4th in honor of the victims of the att

a two hour premier on amc.dience won't be able to breathe during the premier. one thing to keep note of is that the character daniel is returning. fans will be happy with his return. >> and "owns queen sugar". >> that's right. season two on a two-night premier june 20th and june 21st. it's the journey of the siblings to honor their father's legacy in the sugar cane mill. a lot of people loved the first season. this one should be better and watch out for it. >>> to music. coldplay. >> that's right. june 30th they're dropping an extended play. it's like a mini album. it's called kaleidoscope. the first single is called "hypnotize". chris martin is calling ate dream like ballad. it's a companion album to their earlier. >> and "witness" by katie perry. >> she said she wants to make an album that connects relates and inspires. i think she did it. she has a busy year. she starts off her north american tour on september 7th. she also is performing in manchester on june 4th th. and then she's the new judge in the new "

going to be bad for amc network and discovery and viacom and description networks because not all ofbundles. but that cord cutting is real. >> let's talk about the losers for a second. what happens to them? meaning, do they merge? do they get picked up by some of the bigger guys? what's the plan? >> viacom's talking about perhaps a bundle of the smaller networks come right up there with a cheaper bundle called 20 bucks for 40, 50 channels of nonsports, nonnews networks. so you're going to have possibly a new, you know it a new entrant at a lower price point that's going to disrupt maybe the bigger bundle. so you just have a lot of different -- >> what happens to the consumer? do you end up saving any money as a consumer? or do you end up paying more to get all the stuff you used to have in one bundle? >> that's a great question. we see two things. one is you'll save money on your television portion but cable says to you look the broadband bill in your house is going up. so in some ways comcast and charter will make it up on the broadband side. >> because nobody can live without the i