i would be along the lines of what amc would be.e analyst saying amazon would be interested in paying cash. amc might not want that. they might want something relative to shares. lots of nuance. something to pay attention to going forward. lots of very interesting trading action for amc after the story. david: i'm sure amc is hoping there's something to the story. thanks to abigail doolittle for that report. coming up, we will talk to representative patrick mchenry of north carolina, the ranking republican on the house financial services committee. this is bloomberg. ♪ david: welcome back to "balance of power" on bloomberg television and radio. i'm david westin. we go to first word news with mark crumpton. house speaker nancy pelosi and her fellow democrats are expected to complete the next coronavirus stimulus package this week. it's likely to contain $700 billion for state and local governments, but the white house and senate republicans are not in a rush after spending more than $3 trillion so far. they are putting an emphasis on

i am not sure how buying amc would do that.sionally release movies into theaters, which they have to do if they want to be considered for awards. but for the most part, they are releasing their films and television shows online. that has been pretty well. amc is a very physical, capital-intensive business. like i said, the business model is under so much pressure so am not sure why amazon would really want to take on the debt and difficulty that would go along with owning a big physical theater chain right now. emily: meantime, you have disney reopening its shanghai theme park in china today. obviously in a very different world, what do we know about how that went and what this means for disney? i know this is a small part of the business but it is a symbolic move. kelly: i think that is a good way to think about it. it is a very important test. this is the first kind of -- first opportunity to see how people are going to react to the massey to gather ien again since this all started. there were some lines today up to 30 minute

should amazon buy amc? it buy something else all together >> in another lifetime on this show, we might play something like the dating game, i think, is what we used to do? >> but, you know, given the remote stuff happening, tim, what would you say in terms of what amazon should pair up with? >> well, this story sounds, looks a lot like the whole foods story, doesn't it? >> to me, going after a beleaguered franchise at one point was the leader in their industry, certainly has a fantastic retail presence. has a brand, and you're getting it at a fraction of where it was trading a couple years ago, and maybe for good reason. this is ultimately about distribution, this is ultimately about logistics and some of the same principles apply, whether this acquisition will happen, and at what price. i think this is a very similar strategy in looking at what they're doing in entertainment and media. >> that's funny you bring up whole foods, it's almost the three year anniversary of amazon's purchase of whole foods. whe

world so there were some media reports that amazon actually might be interesting choir ng acquiring amc and that drove that stock price up prize a lot of speculation about what the business landscape looks ahead looks like ahead now we've heard a lot of talk about a.v. shaped recession recovery that is the idea that economies will rebound quickly once they restart is that just fantasy now based on what we're seeing. well i think it's rather unlikely that we might see a v. shaped recovery i saw some reports some here on monday that actually we might not see a v. shape but a normal recovery and that seems to be pretty likely we will cause we will get certain setbacks when it comes to the economy and it's not like a light switch yes we did switch the economy off but you can't just switch it back on so i think a v. shaped recovery doesn't seem that likely even if wall street is trading right now on hopes that the economy restarts we have the next dolts that the car industry slowly is starting production again boeing wants to produce the mix 737 planes 2 and we hear from starbucks that by th

amc is the largest movie theater company in america.its theaters have been closed since the stay-at-home orders began and reports that the company is considering consc bnkruptcy. amazon told bloomberg it doesn't comment on speculation and amc has not responded to the reports. >>> let's take a live look at the stock market. i understand we are down and that is the trend continuing this morning and looks like we're down about 200 points right now. and why are we down? the fed chair says he thinks the economy needs more stimulus and that he sees significant risk to the economy. so, looks like the market is responding. >>> with gyms closed, people have been finding ways to carry out new fitness routines. for some, that means buying up a bunch of new gear. for others it means taking classes online. in fact, the owner of catalyst fitness in concord says she is just going to give up on her physical store front. she's not renewing her lease. instead, her clients say they would rather take streaming class classes. >> i have a lot of friends who

neither amc or amazon made a comment. has fallen with the wider entertainment industry battered by the coronavirus restrictions. marriott international fell as business collapsed last month. with travel virtually at a standstill amid the coronavirus, revenue plummeted 90% in april, indicating the company faces a long haul back. marriott reported earnings in the first quarter, well down from average estimates. 25% of its worldwide hotels have been closed by the virus. the coronavirus lockdowns have sent electronic transactions soaring and muster countered -- mastercard's value proposition. it is now worth more than jp morgan. visa is worth even more than that. shares have risen by more than 25% since the start of march. we will see if cash makes a comeback in the lockdowns are lifted. stocksu.s. partial mixed with reopening in new york state but bond investors are looking to the future and now. joining us now is the founder great to have you. this dislocation we continue to see between bond markets and equity markets, does

the theater company amc, way up, 33% higher. why?report that they, amc, have been talking to amazon about a possible buyout. amazon's up to $2400. now we've got a 34% gain on amc entertainment. >>> only a select few customers got their hands on tesla's new model y before the california plant was actually shut down. they are trying to reopen it but it's not open yet. we found one of these model ys. we will show it to you. the electric crossover goes from zero to 60 in 3.5 seconds. my kind of speed. that man will show it to you after this. as someone with hearing loss i know what a confusing and frustrating experience getting hearing aids can be, that's why i founded lively. high quality hearing aids with all of the features you need and none of the hassle. lively offers bluetooth connected, fda approved hearing aids delivered to your door, sold at a fraction of the price, with direct access to an audiologist whenever you need it. better hearing has never been this easy. try lively risk free for 100 days. visit listenlively.com confide

film digitally was an exception in unprecedented times now adding effectively immediately amc will no longer play any universal movies in any of their theaters in you not in the united states europe or the middle east but it didn't end there etc world the parent company of regal said it was issued a statement thursday calling on studios to respect theatrical windows if they want movies played in their theaters but stop short of a full out ban and that's it for this time you can catch boom bust on the brand new portable t.v.'s of able on smartphones to google play and the apple app store by searching portable t.v. or you go to portable dot t.v. and as always check it out on youtube dot com slash boom box r t v and i found. this to do muscle groups with the movie the slowest new christmas a come to me little book with the bridge. more than my gosh w. other which she set out to do you expect but it was pretty good it. definitely walking the learn don't generally not under no one are watching you and march. wasn't watching you need you but she's a little bit better. than you. could shake

film digitally was an exception in unprecedented times now adding effectively immediately amc will no longer play any universal movies and any of their theaters in unite in the united states europe or the middle east but it didn't end there as center world the parent company of regal said of us issued a statement thursday calling on studios to respect theatrical windows if they want movies played in their theaters but stop short of a full out ban and that's it for the time you can catch boom bust on the brand new portable t.v.'s of able on smartphones to google play and the apple app store by searching portable t.v. or to go to portable dot t.v. and as always check it out on youtube dot com slash boom box r t v and i found. we go to work so straight home. thousands of american men and women choose to serve in the country's military and the decision little shot change lives every thing came to a complete change the day that i was right to be instructed here you know hold the shot up while they kill me and i see how destroyed low life any screamed at me and he made me come in the gram m

before today, amc shares were down 43% for the year.ch has attracted a billionaire to take a 5% stake, making it one of macy's top five shareholders. now it wants to engage in constructivist essence with the struggling -- constructive discussions with the struggling retailer's management. that is your latest bloomberg business flash. guy. guy: let's take look at where we are, five minutes away from the end of regular trading here in europe. we are near session lows, but not quite there. we are seeing defensive names catching a bid today, and as a result, seeing markets are in down as much as they were a little early around. the ftse only down by 0.2%, despite the fact that we are seeing some of the mining stocks come down. the dax and the cac 40 in particular really suffering today. we have seen the irish banking sector very much under pressure. the bank today trading lower, as we are going to get more -- the bank of ireland today trading lower, as we are going to get more numbers that are looking very difficult. we will have it all in

networks before i see them buying amc the movie theater chain. i will reserve judgment on that story. they have got some issues, we know that. given their indebtedness that's a key point of everything going on now, if you come into this crisis with a lot of leverage on your balance sheet, you really need to figure out what to do about it, which gets me to one of the larger deals that we've seen in some time, certainly in private equity. it brings together two of these trends a levered company and private equity looking for an opportunity. talking about cody, the beauty company, which reached an important deal with kkr. kkr will buy 775 million of a convertible with a 9% coupon right away to help them. but then also entering into an agreement, memorandum of understanding right now, but i'm told they will get to a definitive agreement shortly to sell 60% of their professional beauty and retail hair businesses, that includes wella, clairol, opi salons being closed, that business is suffering. kkr is going to basically put in another 250 million to t

amc and regal have vowed to black list future universe aal films. however, americans have been turning to streaming services. disa d disney topped customers. and espn scoring viewers with the documentary series "last dance". ♪ traditional tv shows like showss "american idol" are getting creative. after 18 years, the show is laying out a new way to roll out its sing competition, using mother than more than 40 shooting locations. what about that great line "you're going to hollywood"? >> that's not going to happen anymore. >> just when the show was able to launch in this way. >> reporter: bobby bones, now has to go remotely. the show sent iphone cameras and lighting kits to all the top 20 contestants. producers have been coaching them on everything. >> reporter: how do you think will affect your show and the industry moving forward? >> the fact that it can be done means it will be done. and it's going to cost a lot less. i don't think you're going to see big shows like "american idol" do this normally, but i think you're seeing a show like "american i

blood is producing amc bodies at a rapid. about 600 milliliters of blood and from that extract the plasma with the hopes that it would help someone who was extremely severe cakes. my stance was if i can help someone who is going through this in their body is not fighting it off. i would be honored to do that because i know what it was a felt like to be a victim you know of this because i make with no medication with no help somebody who's. going to show we doing this you know still goes under the boom with all these other really did you have to. just have to go. on both just. by see what. those minutes to. find. a solution. can match to be. more. conscious. to grow to. continue to teach as. you continue to keep. both of those don't you know you. actually felt like all the moments when i said i'll just i'll say but this is one of those we. might say stuff was forced like a moment actually treat. and even though it was like cold. it was like the best we've ever had in my life you know. friends of mine says you survived by a bio

blood is producing amc bodies at a rapid. about 600 millimeters of blood and from that extract the plasma with the hopes that it would help someone who was extremely severe pigs. my stance was if i can help someone who is going through this in their body is not fighting it off. i would be honored to do that because i know what it was it's not like me. you know all of this because they make with no medication with no help some videos which as. we do in the theater in the field on sunday to the moon with all these other really did you. just had to go. on both bust and spicy but. not as minutes to. find. a solution. first you can match to your. conscience. to try. to continue to teach as. you continue to keep. both of those done you know you. might actually felt like the moment when i said i was just outside but this is one of those we. might say stuff was forced like a moment. tree. and even though it was like cold it's freezing it was like the best we've ever had by like you know. friends of mine says you survived by a biologi

neither amc nor amazon made a comment.allen this year with the wider entertainment industry battered by the coronavirus restrictions. the billionaire behind indian budget carrier indigo is considering a bid for virgin australia, looking to capitalize on the first airline casualty from the coronavirus. he is one of at least 20 potential buyers. administrator delight is taking bets by friday, and binding offers by june. -- administrator deloitte. virgin collapsed showing $4.5 billion. indigo says it is not involved. virgin group says it is considering one half billion dollar sale of shares in its space travel company galactic, to save its airline and travel businesses here on earth. -- vergence has proceeds would go toward supporting its portfolio of leisure, travel and holiday businesses hit by covid-19. last october, burton galactic became the first space tourism cavities go public. -- virgin galactic. bitcoin faced a key technical event a few hours ago known as having, are for recurring every four years or so. the amount

from "grey's anatomy," and now "killing eve," the great show which has new episodes sunday nights on amcbc america. please say hello to sandra oh. hi, sandra. >> hi, jimmy. it's great to see you. >> jimmy: it's great to see you too. as a long-time tv doctor do you feel more qualified than most to assess this situation and how long it will continue? >> i wish i had a crystal ball to be able to say that. just playing a doctor for that long all i do is think about the emts and the nurses we did work with and -- >> jimmy: oh, yeah. >> yeah. you know, a bunch of them are still working even though some of them were retired. and you think about having played a doctor you think about the real doctors and you have an inkling of what they go through. and you don't know a lot. but it's like i give all praise to them. >> are your parents with you? i know sometimes your parents will come to the show when you come visit us in the studio. >> i think my parents have been with me on the show every single time. they're not here. they're in vancouver. but i brought a picture. this is my favorite picture of

chief executive bob baucus calling quarterly earnings on a call this week quote not pretty amc networks caution in ad revenue could drop about 30 percent but it's not to see these companies in key ad categories like automotive pharmaceutical food and beverage aren't spending some are taking their business elsewhere like facebook and google mexican food chain topola is just one of many looking to shift their ad dollars into streaming videos on social media chris brandt to police chief marketing officer saying we've seen a lot of great returns with facebook and instagram serial jayanta general mills also transferring some of their t.v. advertising investments into digital video and e-commerce well some of these companies set up their ad contracts with networks well in advance it's certainly not business as usual during this pandemic as of right now fox is the only major network to release its fall lineup the future of ad spending could decline or shift all depending on how the economy reacts to the effects from the corona virus. but with a base for you in half an hour appreciate staying w

susan: meantime, speaking of bullish, have you checked out amc's stock today, rocketing on the back of held takeover talks with amazon. amc was bought for $2.6 billion back in 2012 by one of china's richest men but of course, covid, in coronavirus times, having to shut around the world. also, the success of "trolls world tour" which actually didn't even get to the silver screen, means that their business model in the future might be in trouble as well. amazon, well, they are trying to boost up and bump up their streaming services and maybe possibly looking at the big screen but as you see, amc entertainment seeing most of the benefits today. what about the global economic picture because there have been concerns about whether or not we will see a w, meaning a dip back into possibly negative growth. some see a v-shaped recovery, a quick bounce back in the second half of this year. however, you speak to the trade adviser at the white house, he doesn't compare this to the 1930s. we were going to listen to that, peter navarro's thoughts. he was saying this is not the great depression, in f

chief executive bob baucus calling quarterly earnings on a call this week quote not pretty amc networks caution an ad revenue could drop about 30 percent but it's not to see these companies in key and categories like automotive pharmaceutical food and beverage aren't spending some are taking their business elsewhere like facebook and google mexican food chain to pull a is just one of many looking to shift their ad dollars into streaming videos on social media chris brandt to police chief marketing officer saying we've seen a lot of great returns with facebook and instagram serial jayanta general mills also transferring some of their t.v. advertising investments into digital video and e-commerce well some of these companies set up their ad contracts with networks well in advance it's certainly not business as usual during this pandemic as of right now fox is the only major network to release its fall lineup the future of ad spending could decline or shipped all depending on how the economy reacts to the effects from the coronavirus reporting for the news with rick sanchez natasha sweets.

universal pictures released a video on demand calling the digital release a success but movie theaters like amc disagree some movie insiders say the release was perfect for movie like trolls when families had nothing else to watch but believes it won't work for every film the price point is one where it irrevocably could and apparently has made most of its budget from home entertainment dollars that doesn't work with a movie like say in avengers movie where they need to throw over a 1000000000 for them to be profitable for a studio but we're going to list of how movies are released in the future production might look a little different than before instead of having some 300 people on. set at once for large movie producers will be looking for ways to have the same type of scene with only $75.00 people or so groups may be staggered and some could work remotely smaller crews tightly controlled sets and minimal travel are to be expected in the beginning in person wardrobe departments may be temporarily phased out make up and hair artists who touch up in between sets may watch the actors with an i p

chief executive bob baucus calling quarterly earnings on a call this week quote not pretty amc networks caution in ad revenue could drop about 30 percent but it's not to say these companies in key ad categories like automotive pharmaceutical food and beverage aren't spending some are taking their business elsewhere like facebook and google mexican food chain topola is just one of many looking to shift their ad dollars into streaming videos on social media chris brandt to police chief marketing officer saying we've seen a lot of great returns with facebook and instagram serial jayanta general mills also transferring some of their t.v. advertising investments into digital video and e-commerce well some of these companies. up there ad contracts with networks well in advance it's certainly not business as usual during this pandemic as of right now fox is the only major network to release its fall lineup the future of ad spending could decline or shift all depending on how the economy reacts to the effects from the coronavirus reporting for boom bust natasha's sweet r.t. . and for more on th

pictures released the video on demand calling the digital release a success but movie theaters like amc disagree some movie insiders say the release was perfect for movie like trolls when families had nothing else to watch but believes it won't work for every film the price point is $1.00 where it irrevocably could and apparently has made most of its budget from home entertainment dollars that doesn't work with a movie like say an avengers movie where they need to throw over a 1000000000 for them to be profitable over studio but regardless of how movies are released in the future production might look a little different than before instead of having some 300 people on set at once for a large movie producers will be looking for ways to have the same type of scene with only $75.00 people or so groups may be staggered and some could work remotely smaller crews tightly controlled sets and minimal travel are to be expected in the beginning in person wardrobe departments may be temporarily phased out make up and hair artists who touch up in between sets may watch the actors with an i pad or m

of amc theaters who took issue with the idea issuing a public letter saying releasing the latest trolls film digitally was an exception in unprecedented times now adding effectively immediately and see will no longer play any universal movies and any of their theaters and unite in the united states europe or the middle east but it didn't end there at center world the parent company of regal said image issued a statement thursday calling on studios to respect theatrical windows if they want movies played in their theaters but stop short of a full out ban and that's it for this time you can catch boom bust on the brand new portable t.v.'s of able on smartphones to google play and the apple app store by searching portable t.v. or you go to portable that t.v. and as always check it out on youtube dot com slash boom box r t v and i found. who keep the birth. going to go where you. going to get it. cleared up only walking into the word don't and we no longer know what we're walking into they can't see on march 9th she was what she needs to break she met up with. 2 shakes possible. so. i guess

of amc theaters who took issue with the idea issuing a public letter saying releasing the latest trolls film digitally was an exception in unprecedented times now adding effectively immediately see will no longer play any universal movies and any of their theaters and unite in the united states europe or the middle east but it didn't end there sooner world the parent company of regal said it was issued a statement thursday calling on studios to respect the windows if they want movies played in their theaters but stopped short of a full out by it and that's it for this time you can catch boom bust on the brand new portable t.v. episode of on smartphones to google play and the apple app store by searching portable t.v. or you go to portable t.v. and as always check this out on youtube dot com slash boom bust r t c and i thought. thinks. we should ask. is the us economy was booming doing numbers of people when they did. you can work 40 hours in a week and still not have enough to get housing every. but he believes america still is the leader of the reality of it we're not financially equal

of amc theaters who took issue with the idea issuing a public letter saying releasing the latest troll's 'd film digitally was an exception in unprecedented times now adding effectively immediately amsi will no longer play any universal movies in any of their theaters and unite in the united states europe or the middle east but it didn't end there sooner world the parent company of regal said it was issued a statement. thursday calling on studios to respect theatrical windows if they want movies played in their theaters but stopped short of before. and that's it for this time you can catch boom bust on the brand new portable t.v. episode on smartphones to google play the apple app store by certain portable t.v. or go to portable t.v. and as always check it out on you tube dot com slash boom bust r.t. . thousands of american men and women choose to serve in the country's military and the decision. every song came to a complete. the day that i was writing. it you know what they'd kill me and i see how it destroyed my life and he screamed at me and he made me come in and you can lie on him

there's a moment in which there are a group of us over here in the amc writing document about how wegoing to delink economy in africa, delink political economy from global capitalism by producing a barter system because south africa, south africa's zimbabwe, the frontline states that have suffered 1.5 million deaths because it housed us during apartheid. we will create a system that the resources that we have would be bartered from the resources that we have. we would renege on the imf world bank loan and completely cut ourselves off. in this period, you the moderates, right, who weren't down with that and their argument was that if we do this, we are going to be -- they are going to vamp on us the way they vamped on cuba and people were like, yeah, bring it on. it would be very interesting for the american military to send a -- a battalion of soldiers and sailors, many of whom were black to come fight against black federation movement. that happened in vietnam where more officers died with their bullet in their back. we were -- in that period to make a long story short the moderates

amc up about 3%. tyler, really you see the rebound on that opt michl aboim the vaccine. >> you would think the places dependent, i was talking to my wife about all the concert venues that are just aching to be able to get back into business we'll see what happens let's talk about nascar. they resumed yesterday in darlington i think it was kevin harvick who won. how did the ratings stack up >> well, tyler, 6.3 million viewers tuned in to that first race nascar's first race on fox that was 38% more viewers than the last nascar race in march. it was the most watched competitive sports event since the daytona 500 in february. tyler, this really speaks to that huge demand right now for live sports. >> all i know is they can do it without having to send the broadcasters on location all these basketball games, they could have a side line reporter. does the whole staff need to travel these are my thoughts. we got to go >> just the question of fans whether or not there will be fans governor cuomo said he wants