both of those stories hurting amc in general.he plight of these movie theater chains, liz, is obviously still the hot topic for conversation and a little desperation. back to you. connell: i'm looking forward to sitting in a movie theater though. i'm one of those people loves to be there listen to the crowd and say shhh, be quiet. reporter: popcorn. liz: that's okay i'm full on extra butter. not just the large caps. the russell 2000 index is hitting a record high at this hour. small caps showing muscle as the economy slowly recovers but today's "countdown" closer says you know what? aim for right between the big and the small, the mid-caps. lisa ericsson, head of traditional investment group at u.s. bank wealth management, 218 billion in assets under management. lisa, why aim for the middle lane? >> we really think it's a great middle ground between large and small cap as we look forward into 2021 there are good prospects of economic recovery what we see the economy holding its own as well as the vaccine. the reason we picked mid

. >> finally, amc has a plea to investors, bay our stock or we might go bankrupt.ater chain is working to sell more than $700 million worth of shares in an effort to buy itself time as the covid vaccine rolls out which amc hopes will make people feel safe to go to the movies again amc they could have a total loss of shareholder values, shares down more than 50% am i right to feel bad for them? >> sure. >> i do. you know, whatever the balance sheet, whatever the operational issues going into this, who could have ever foreseen this? >> nobody it, and i don't think that necessarily even if they were to have to go no bankruptcy, it's not through strategic missteps, even though it wasn't the best set of perform apsz what's fascinating here is the game they're involved trying to do the huge security offerings very big to the current market cap. the existing shareholders, basically saying if you don't describe to this deal, what you have already could be worth ofless and then, you know, even if we do raise this money we don't know what comes next very difficult no good op

>>as for amc we will do all in our power to ensure that warner does not do so at our expense we will aggressively pursue economic terms that preserve our business. >>we're one of 2 independent operations and city. how can we continue to function, you know, adam roberts co owner scream and armor theater in or kansas city believes it will hurt both small and large theater chain operators but roberts and john edwards, both agree it's not the end of seeing movies in a theater, but it will now be different than these or escaped, you know and then the word escape is key. i think there when you when you're thinking of leaving your everyday life, you know sitting on your couch watching a movie with your phone next to you. >>that's not an escape that's just you know passing time if you will you know go to the ballet every weekend you don't go to a musical every weekend. that's going to be a new movie experience for big to get movies like a new marvel movie. >>now people are not going to watch at home. that was pat mcgonigle reporting while warner brothers is a giant in the movie industry its

and you might see amc or the other ones fall in line with the studios.y may need to vertically integrate. i love going to the movies i'm going to like to go to my tivos or whatever guy likes to call it and tune up the applications store and watch whatever i want to watch that's the acceleration of the trend that was already happening. nt,heaxnk still on beta m upex t final trade ♪ ♪ ♪ you're all, you're all i need ♪ ♪ you're all, you're all i need ♪ ♪ as long as i got you then baby ♪ ♪ you know that you've got me, oh! yea...♪ ♪ ...i was just fighting an uphill battle in my career. so when i heard about the applied digital skills courses, i'm thinking i can become more marketable. you don't need to be a computer expert to be great at this. these are skills lots of people can learn. i feel hopeful about the future now. ♪ >>> time for the final trade let's go around the horn tim seymour. >> this time, hbo max streaming news, movie news, i think it is a shot in the arm for at&t, one of the big underperformers in this market. i'm long the stock i like this ne

amc raises some dead financing today although they have warned they will run out of cash by the end of january >> i think we have to remember that disney was the largest contributor to the box office last year. we're talking over 40% of box office revenues went to disney films. what they decide to do with their movies will be incredibly important to the theater chains. the fact they didn't decide to totally do release offer things directly to consume errs the sa day they are available to theaters i think they understand the value of doing theatrical releases a lot of films will go to disney plus i do think it's a threat there's if question of what is the marketplace look like say six months from now post-vaccine and john and carl, we'll be talking about this later with the ceo of imax. it will be interesting to see if there's a surge in demand for movie going. whether people are just used to watching things at home. >> yeah. we'll see. i am looking forward, at least with certain films getting back in front of a really big screen. we'll have imax which makes some of the biggest screens

and was a cinemark's finances look stronger than amc.firm including apollo global management pushing amc to file forced chapter 11 bankruptcy which would give the theater chain a chance to renegotiate those leases, but it's looking bleak for amc meanwhile cinemark perhaps sensing an opportunity to work especially with the first vaccine given today that maybe the future is looking brighter. stuart: bleak for the cinemas, good for the streamers i have to say. there is a battle going on here. netflix has 195 million subscribers. disney says it will have 200-- up to 260 million subscribers by 2024. jeff is joining us by phone this morning. jeff, are you forecasting that disney overtakes netflix? >> yeah, stuart. what i see now, you know i been a big fan of netflix and that now, we have this epic battle and disney space essentially dropped bug got went friday. disney came out and said they are going to spend $17 billion to create original content to take on a netflix. what that will ultimately mean is i think there are three basic reasons why

major operator amc entertainment has seen its shares fall more than 15% since the announcement.andemic has devastated the industry, with most theaters in major cities like new york and los angeles forced to close. some experts say the move toward streaming could be the final nail in the coffin for some operators. >>> the chinese government plans to announce more items that will be covered by its new export control laws. beijing also dismissed concerns about the impact on foreign businesses. the law is designed to strengthen export controls on products and technologies that can be converted for military use. exporting those items will require government approval and shipments to blacklisted foreign firms are ban or restricted. the law took effect on tuesday. china's commerce ministry folks person said more items subject to the law will be announced in due course. the ministry has announced products and software related to data encryption. the spokesperson stressed china will control exports in relation to the new law and foreign firms have no need to worry. manufacturers in japan

>>as for amc we will do all in our power to ensure that warner does not do so at our expense we willressively pursue economic terms that preserve our business. >>we're one of 2 independent operations city. how can we continue to function, you know, adam roberts co owner scream and armor theater in or kansas city believes it will hurt both small and large theater chain operators but roberts and john edwards, both agree it's not the end of seeing movies in the theater, but it will now be different than these or escaped, you know and then the word escape is key. i think there when you when you're thinking of leaving your everyday life, you know sitting on your couch watching a movie with your phone next to you. >>that's not an escape that's just you know passing time if you will you know go to the ballet every weekend you don't go to a musical every weekend. that's going to be a new movie experience for big to get movies like a new marvel movie. >>now people are not going to watch at home. >>we'll see that was pat mcgonigle reporting experts also point out that while warner brothers is

universal talked that bounty 17 days with amc, allowing titles to go to online streaming services afteree weeks. disney opted to ditch the cinema entirely for the release of moveon, instead releasing the movie to its disney+ platform as a paid option. the different approaches all have an impact on hollywood and some worry that the news from warner bros. may spell the beginning of the end for cinema. though the justice of how revenue will be shared with movie theaters and its effects on the industry are unknown and experts' opinions remain divided. it is not known whether warner bros. will extend the new release model beyond 2021. >> it is time for a look at the biggest business news. for that, costing their joins us from his home. the new monthly jobs report is out in the united states and it is not good news. >> that's right, analysts were expecting 400,000 jobs to be added. it to hunter 45,000 -- it is 245,000. unlimited fall, but that is because you had people -- unemployment did fall, but that is because -- the latest sign that the recovery is slowing united states. the number is th

amc wants one of others to change its plan to stream new films online at the same time it's released. the owner of a cinema chain in europe is one company bypassed by cinemas as they closed reluctance. cinemas are text -- desperate for exclusive content to the reviewers back -- lure viewers back. >> considering we're living in a covered era right now, it's a good thing that the streaming services are getting bigger and bigger. >> i mean it depends on the movie. i like seeing them on both, but i'm kind of a tv guide. for the most part -- tv guy. for the most part. but i like seeing a movie. >> there's nothing like taking a friday night movie date. i appreciate those. i think everybody does. people want to stay home for the comfort and for the safety. but once america combats covid in a way that's comfortable for everybody, i think everyone will go back to cinema. same with broadway. people will love the feeling of being able to get out of your house and experience it. ♪ this is al jazeera. these are the top stories. the mayor of kuwait says he is pleased with progress. the saudi forei

yeah you know interestingly a large movie chain here by the name of amc was really a gas and very upset at this decision to see the owner of that company basically said we had agreed with h.b.o. to allow one film to be released in the theater on the string that platform but they were just really taken aback by the fact that h.b.o. max once are released the entire slate in both the theater and on the screen quite warm and they said they're not in agreement with that that would cause them to lose a tremendous amount of money and they don't see how they could sustain this. going longer than even a year so they're fighting back a summer movie chains are even open yet because of the fact that there are so many love lockdowns all around the country so we'll just have to wait and see but our across the board mini movie chains don't like this obviously will cause them to lose millions and millions of dollars ok so we can we can see the want to brothers a rationale people are going to cinemas so let's let's push it into their homes but one wonders how was h.b.o. much performing before this annou

yeah you know interestingly a large movie chain here by the name of amc was really a gas and very upset at this decision the sinjar of that company basically said we had agreed with h.b.o. to allow one film to be released in the theater on the string platform but they were just really taken aback by the fact that h.b.o. max once to release the entire slate in both the theater and on the screen platform and they said they're not in agreement with that that would cause them to lose a tremendous amount of money and they don't see how they could sustain this. going longer than even a year so they're fighting back a summer movie chains are even open yet because of the fact that there are so many love lockdowns all around the country so we'll just have to wait and see but across the board mini movie chains don't like this obviously will cause them to lose millions and millions of dollars ok so we can we can see the want to brothers russia now people are going to cinemas so let's let's push it into their homes but one wonders how was h.b.o. monks performing before this announcement i wonder ho

sector hoping for a hollywood ending >> this is robert from california i am reaching out to you for amcaters do you think they're too deep in the hole now that the vaccine is out, do thank you think it will push the stock up >> mike? >> this is a situation where is not just an issue of basically demand once we got a reopening this is a company that's a poor cash position. they probably last $350 million in cash. they only had 400 million or so on hands so off situation where they are bleeding cash and much more quickly frankly than the runway we are looking at for reopening. there is a risky bet we are looking at here. $11.4 billion and only $460 million market cap. almost all of that basically the cap is sitting on the balance she sheet. >> james, what will you do when the pandemic is over and i don't know where going to the movies fall on your list? for me is personally, it may be fifth or sixth because of streaming and the dominance of streaming these days >> it is a good point but don't estimate the power of well-buttered popcorn. it is more about watching the show about amc if you

urgent talks with one of the largest hollywood movie producers in a round of a showing films online amc wants one of brothers to change its plan to stream new films online next year at the same time as they're released in cinemas the owner of odeon cinemas in europe is just one company being bypassed by major studios after they were forced to close for lock downs now as restrictions ease cinemas a desperate for exclusive content to leave us back jeff bock is a film industry honest and says the pandemic is accelerating change across the entertainment business. exciting times in terms of hollywood spirit moment for theater exhibitors but again the writing was on the wall and i don't think they're going to disappear but they are going to change and danes are going to streamline it will not be the same industry this is not a reboot this is ultimately a rebuild and that's what we're going to see i think over the next 5 to 10 years. but a more positive story now conservationists in kenya have used some ingenuity to save a giraffe on a slowly shrinking island a see one who's an endangered roth

says it's in urgent talks with one of the largest hollywood studios in a row over showing films online amc wants warner brothers to change its plan to stream new films online next year at the same time as the released in theaters the owner of odeon cinemas in europe is just one company being bypassed by major studios after they were forced to close for lock times now as restrictions ease cinemas a desperate for exclusive content to me your viewers back. considering that we were living during right now and a lot of theaters are not open so it's a good thing. getting bigger and bigger i mean it depends on the movie i like seeing them in both but yeah i'm kind of a t.v. guy so for the most part you know once in a blue moon it'll be worth going to see a movie i think eventually it will come back there's nothing like taking a friday night movie day you know those i know everyone does right now i think people want to stay home you know for the comfort and the safety but i think once you know america can best know that it's comfortable for everybody i think everybody will go back to cinema same t

at cable vision amc networks, we probably created firsts. and what a rush it is. it's what continues to drive me into networks as we create new ways for companies to develop female leaders. i must also think another cable pioneer, charles stolen for his vision in belief that we actually can accelerate change for women. i treasure the friendships that i have had as a result of this industry, i look forward to all of us using our pioneering spirit to further advance diversity and inclusion. i'm so grateful for this honor, thank you very much. >> john williams is vice president of engineering for trotter communications. john started in the trenches as an installer. and running surface calls for falcon cable tv in 1982. promotions in the ranks at falcons followed, he became a contractor in 1989. supervisor of construction and installation crews. 2006, they named john as their director of engineering. for the california region. he moved to denver in 2013, was named vice president of engineering. he's been active with as see tv. he's been a frequent panelists with a ctv

recent announce of the release of 2021 movie lineup digital lead, the same time in the theaters, will amc still be below $4 >> it is a vaccine play. it is a foot race whether they have enough cash in the balance sheet and when i get the vaccine glunt which should happen in the first quarter. at 3 bucks, it is an interesting call on the vaccine. that's all it is today was about younger inve investors buying the dip i am trying to get you in their heads because their heads are working. they're moving the market and many of the ideas are real good. so you are getting a play book "mad money" tonight more than two thi two-thirds u.s. households owning a pet don't forget your shelter, it is chewy. i am going to talk to the kceo. could the upcoming air bnb be the pandemic play? and haines celestial i am talking to the ceo. don't miss a second of "mad money. have a question? tweet cramer, #madtweets send jimm an e-mail at madmoney.cnbc.coor gm ive us a call at 1-800-743-cnbc m miss something head to www.news12/eastend,. madmoney.cnbc.com. in a land not so far away, people are saving hundreds on t

from today, elf is streaming on amc classic. friends, listen, we're home. enjoy great movies. i'm always going to get a plug for my restaurants. support your local restaurants if you can. as i toss it back, i want to let you know there's more movie picks. the holidays are here in your home. what is your favorite holiday movie? santa, i know him. elf is on my list. it's a long list. the preacher's wife, a christmas story, charlie brown of course. yeah. rudolph too. it's a long list. this is the time like you said to be at home on the couch to watch movies and having a good time with family. >> love it. >> lynn, have a great one. i may see you back here in a week on christmas day. we'll see. have a good one. take care my friend. >> you too. see you later. >>> hey, home alone is a good one too. update for folks planning to hit the slopes, sierra ski resorts holt the wind fall of fresh snow will bring more to the slopes this weekend. plenty of skiers and borders took advantage of new snow yesterday. remember, if you want to travel to this sierra from santa clara or san francisco c

. >>> amc theaters got a lifetime minutes financial struggles due to the pandemic. the largest theater chain says capital management agreed to invest $100 million into the cash strapped chain. >> what we are craving for holiday desserts is a lot. it might depend on our local tastebuds. >> reporter: this is true. google trends were compiled to find the top holiday treats in each state. she said overall, 20 states had a taste for cake while a dozen others prefer candy. 10 choose cookies including california. >>> i don't like peppermint in my cookies. >> i feel you. it is a love or hate thing. we will see you when the stock market opens up coming up at 6:30. >>> i am on team peppermint too. >>> how one of america's biggest toy companies is helping kids learn a big message, next on kpix 5 and streaming on cbsn bay area. >>> after all that rain over the weekend, here is doppler. it is a lot quieter as we start off our day. i will have your full forecast coming up. >>> we are getting first reports of a new crash that wi >>> welcome back. happy monday morning to you. after

. >> reporter: the ceo of theater chain, amc accused the movie studio of sacrificinining profir subscribsaying that we will do all in our power to make sure that warner does not do so at our expense. theaters are grossing $2 billion compared to $11 billion last year. they said that they are only going to do it for a year. can you put it back in the bottle? >> you cannot train your subscribers and then after a year, tell them, sorry, no, you will have to go see matrix five in theaters. >> the films will be available to subscribers at no extra charge but stop streaming after 30 days. >> it sounds like it's great news for m viewers.s. >> absolutely. especially those trapped inside or have suffered a drought of content, so, if you can watch wonder woman 1984 and then zoom with your family about it, i'm sure that that's are experiences they hope they can have toeth in neaters and now they will still be able to , for the price of a monthly subscription. >> and that's the "cbs overnight news" for this monday. reporting from the cbs broadcast center in new york city. >>> it is monday, december 7

. >> and i feel for amc. they need to sell shares to stay in business.hey said if they didn't sell that amount, they will go out of business effectively, it will wipe out equity holders so the timing of the announcement is terrible from the standpoint of an amc shareholder. >> it was happening anyway that was the point everyone is making movie is ready, you have streaming capabilities, why do -- the reason you do it is because there are people who still really like the old way of doing it so there will always be people who like the popcorn shocker, i like it >> you can just not melt a stick of butter and pour it on the popcorn? >> that is real butter i need the fake yellow stuff and a lot of salt. theater salt no, but there are people that will go either way but there are those people that if you are torn between streaming and you got a 70 inch screen, there will be some loss. and i think that that is kind of sad. i'm glad all the old stars aren't seeing what is happening. because it is sad. >> what about the money though, the economics of this. so a fam

amc movie chain calls the move blind side. they're trying to renegotiate their deal. >> probably want to pull out the christmas favorites for your friday fun night or maybe the weekend with the kids. the chilly start to our morning, kari. >>> yeah, and i love the idea of having movies streamed at home because it really is a lot to get a whole family out to the theaters. you know what, we're going to maybe do that this weekend. watching not only the movies but something else going on in the forecast. let's talk about what to expect because we're starting out chilly this morning and this is the same weather that shapes up to be a pleasant day but then we'll start to see more clouds moving in tomorrow and there may be spotty light sprinkles moving in for the north bay between tomorrow night and sunday morning. after that we have a high fire danger that will be increasing due to some high winds and we know it's been so dry out there, but we've gotten a lot of sunshine. if you have solar panels around the bay area you should be abl

have to make to make sure that they feel like this makes sense for them there was harsh words from amc'sdam aaron response. >> sure. we are definitely working with the theater chains we worked with them on "tenet. we worked with them on "wonder woman" and, by the way, early sales of "wonder woman," which went on sale last week, are strong so, we feel really positive, despite surge in the virus, to see that the ticket sales are going quite well, obviously, for the markets that are open. so, as we always have, we have been very good partners and vice versa with the theatrical chains and so we will work with them on making sure that they have a fair deal, as we go into this new strategy. >> ann, just a final question. i think it's important to note that you have received all of warner brothers content, including on hbo max and all these different platforms. what do you expect this news, this announcement to do for hbo and hbo max? you have about 38 million hbo subscribers, inclusive of hbo max a year from now, 18 movies later. how many do you think you'll have >> i can't speculate on the su

a record highle todhigh today and we're on track for another record close take a look at shares of amcetworks which are sinking after warner brothers said it will announce its slate of 20-21 films and will relays them directly to hbo max. more power lunch right after this oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪ but inside... there's advanced research, modeling and refinement. constructing funds that don't simply follow an index. but explore new terrain. helping you fill portfolio gaps. connect to client goals. and strengthen confidence in you. flexshares. powered by over a century of investment expertise. before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it care

it was never close as the amc champs when 38-9. and bill belichick not happy about his first losing season and 20 year. they are 12-3. washington is still in the running for a playoff spot. today cut the player who started in the lost yesterday to carolina. twice this year has broken the team covid rosen has been fined. haskins turned the ball over three times yesterday and was replaced by taylor hankey who was a practice squad guy less than a month ago. washington will be a playoff team with a win sunday against philadelphia and hankey will be the starter if smith is not recovered from a calf injury. >> it is the time of year when you can expect to hear a lot of wheeling and dealing when it comes to baseball teams and it does appear that the san diego padres are all in. today the padres strength and their pitching staff by acquiring you darvish from the cups. he was 8-3 as a starter last year and he will be starting his ninth season. this comes a day after the padres acquired blake snell. he was mowing down the dodgers in game six

all of its films next year in theaters the same day this they are able on hbo max this news sending amc shares down 16%. cinemark down 22%, and eye max shares down 8% this news shatters that window between theatrical and home entertainment release. suicide squad, matrix four and space jam will be available to hbo marks subscribers for the first month of the theatrical release. after, it will be pulled from the streamers and will remain in theaters a source close to the situation tells me warner brothers is right now in talks with the theater chains that are its partners. >> julia, from a consumer's perspective, this sounds fabulous to me two questions, this is you have to have a subscription and then you get it for free during that month or you have a subscription and you have to pay-per-view on top of it? and why would you show it for a month, remove it and then six or four months down the line it will be available once again on line >> there is a lot in that. i think the answer to all of it is yes if you are a sub viber to hbo max you can access the film in those first 30 days. you do

>> jeanine: absolutely right, the whole concept is that the amc movie theaters, they are losing money the movie theaters can open some of the casinos but the church, you can only have 50 people but that is another issue. i think all of us have been weaned off of movie theaters and we are now more likely to watch things at home. i think it's more fun. with technology being what it is we like watching the stuff at home. >> emily: is this nimble or should we feel sorry for the movie theater owners and operators? >> jesse: if you are a woman who went to a drive-in movie theater with geraldo, contact our producers. i will put you on "watter's world" this weekend. i don't know, i go into a theater because i enjoy shushing people. just to go -- to other people and then they listen to you. that gives me the sense of control in my life that i don't find anywhere else and i enjoy that. >> jeanine: i've got to say one thing, i've got to throw this in. i remember when he went to movie theaters and people would smoke then you would get into fights with people because you didn't want them smoking.

wars the amount of money it will take to keep up with these guys and you wonder what happens to the amcsoms, hulu is doing okay for now hb omp max all these other streaming companies, aspirational streaming companies. you wonder how many survivors will be left standing? how many will each household subscribe to now that prices are going up it's probably more than two per household but probably not more than five. so you wonder, howl of these streaming companies will survive and how much money it will take to program >> yeah. >> my guess, look, any other industry, it will be four. we're learning it will be netflix, disney plus and everyone else is jockeying to be in third and fourth position i agree with you those numbers are enormous but maybe they're still achievable certainly investors do like it speaking of monster, it's been a monster week for ipos some of the are wondering if this process is broken or flawed or what to make of this week. door dash, c 3 ai, air bnb with the latter two doubling by the time they went public. they have some folks even bringing up the bubble word. withou

and cinema chain amc says it's in urgent dialogue with warner brothers everett's plans to release films in cinemas streaming service on the same day and says the move will come at the expense of movie theatre companies one of the others. at the same parent company. the high cost of the internet in africa means many young entrepreneurs are finding it too expensive to do business over the web even when coronavirus lockdowns presented many opportunities for businesses to go online tax says underdeveloped infrastructure hampered business growth in many african countries like uganda nancy baker says. iran did you go by to have data called sorry one and a half us dollars daily. nancy finds us expensive and hopes that the government can help lower prices so i feel like that's what they're going to do encourage more people and that how do the people definity. permits us to subsidize the whole make it free absolutely free because i'm already. painting. this thing that basing their tax when you look. into our t.v. . my car sees that the cost of internet access in uganda remains high due to a coun

plummeting on the news yesterday and today we have a mixed picture, cinemark up 7%, imax better by 4% and amc down 4%. investors ready to sign on the dotted line with docusign shares after the e-signature company beat quarterly numbers on both the top and bottom line, docusign jumping at third% and rbc capital raising the price target to $325, doc you at $243.48 is up stupendous 230% year to date. talk about a pot stock, stock shares nearly doubling in 2020 but how did ceo stewart butterfield get software giant salesforce to throw down a more than 50% premium on the messaging platform just a week and half ago, he's going to tell us in just a few minutes right here on "the claman countdown". forget the painful nasal swabs as were about to show you the new device that could make testing for coping as easy as breathing, the closing bell ringing and 37 minutes, up 178, "the claman countdown" is coming right back. ♪ a must in your medicine cabinet! less sick days! cold coming on? zicam® is clinically proven to shorten colds! highly recommend it! zifans love zicam's unique zinc formula. it shortens

the amc movie chain calls the move a blind side. now trying to renegotiate their deal with warner. it is tough for small theater owners because people aren't coming and now everything will be streamed, i think. >> it will be real tough. it's a good option. >> can you make your bettered popcorn like at the theaters, though? >> probably not but we'll keep trying. >>> you know what, no one can give a forecast like our meteorologist kari hall. kari, take it away. action. >>> we have a lot that we're watching for the weekend. not just the movies. we're starting out with chilly temperatures, a very nice day. a slight chance of spotty, light rain in parts of the north bay. then by early next week our fire danger increases. that's something we'll have to watch as we get a lot of high winds. if you have solar panels it's a great day for generating your electricity. for tomorrow, though, with the clouds moving in you'll make about 87% of your electricity if you use regular amounts like the baseline amounts of electricity. by sunday it goes up just slightly. if you do have solar panels and ac

we know what's happened with amc and cinemark, the other chains. been extraordinarily difficult. you know, is it just that great movies have to keep being made and what's the next big blockbuster you're looking toward? >> so i think the good news, liz, is because the 2020 slate was largely delayed until 2021, and there are other movies to open in 2021, there's a fantastic backlog from every studio so there's tons of marvel movies, there's a bunch of marvel movies coming out, as you said, "maverick," there's a "bond" movie, a bunch of great movies coming from universal and sony. there will be lots of great content. noi this i know this is the opposite of profound but what they need to do is get open, and make sure people feel safe going into theaters like they do in asia. i think the vaccine is on a very good track, really hopeful by april, may, things will really start to open in the u.s. jj abrams is quoted as saying, as well as others, is it going to be the roaring '20s again. based on what we have seen in some of our asian territories, once peop

amc warned they could run out of cash bit end of this month leslie, other than the drama of the backe, you also have hbo max working to get on roku and doing so just in time so everybody can watch this -- stream this movie when it comes out >> it's a fascinating battle because you look at who has the leverage and who believes they have the leverage in this industry i can't imagine walking up to a box office when everything returns to normal and asking how much would it cost to see this movie versus this movie and then, i don't know, do you choose the movie based on which one costs $5 here in new york it can cost as much as $18 to see a movie back in the yesteryear. it's a fascinating next step in this process even if you do take home 80% of the revenue from a $5 ticket, my guess is during the pandemic you're not really getting the volume you would need to be sustainable at those prices. i kind of wonder how the economics really work from a movie theater standpoint. >> mike, i wonder, do you really want to poke the bear right now? can these theaters really afford to upset hbo any furt

. >> wow julia, thank you so much we appreciate it amc down 8%.ob, i'll give you the last word here it seems to speak of the importance of hbo max which has been lagging the streaming peers. warner bros. making a big push for that play. what do you think about the significance of this move today? >> well, the question to me, how does it affect the economics of movie making we have $150 million, $250 million movies, can that budget be sustained with a dual release as julia was talking about i'm doubtful i would love to see the economics how they would make those blockbusters work with those dual releases. they have to find a way to make movies a lot cheaper, either virtually digital or virtual digital actors, which i think is coming very, very soon i want to know a little more about how this will affect the economics. >> even with this vaccine, companies are not expecting this pent-up demand for movies, for cruises, it will take time for people to feel safe. they're using both options, theater option and at home. >> great points. it is a fascinatin

yeah you know interestingly our large movie chain here by the name of amc was really a gas i'm very upset at this decision the sinjar of that company basically said we had agreed with h.b.o. to allow one film to be released in the theater of history form but they were just really taken aback by the fact that h.b.o. max wants to release the entire slate in both the theater and on the street and quite warm in a step they're not in agreement with that that would cause them to lose a tremendous amount of money and they don't see how they could sustain this. growing longer than even a year so they're fighting back at some of movie chains are even open yet because of the fact that there are so many love lockdowns all around the country so we'll just have to wait and see but a craft of your mini movie chains don't like this obviously will cause them to lose millions and millions of dollars ok so we can we can see the want to brothers a rationale people are going to cinemas so let's let's push it into their homes but one wonders how was h.b.o. monks performing before this announcement i wonder ho

. >> obviously not good news for amc and other big movie chains out there, the stocks immediately fellt mean for the film industry itself? >> a great question. i think the immediate winner is at&t who obviously acquired warner media to increase subscriptions in their digital business. hbo max has struggled in gaining a foothold with the american consumer, only a domestic service so i think they're banking on getting a metric ton of subscribers so they can compete with the likes of disney plus and netflix. and then i think in the long run, you know, obviously it will be a boon for at home viewership. the american customer is stuck inside with no new content so it might be a brightener for your christmas and into next year but i think long term, a lot of people take the creative ambition and the cinema art form will suffer. >> really quickly here, what next movie company would you anticipate will be the next one to follow suit? >> you know, a big executive by a long name said to me that if disney follows this model in any capacity, that theaters are done. but you know, it's interesting t

. >> adam philipson with the count basie center in red bank, new jersey take a look at amc today, downy offering 50 million new shares for sale in a fresh round of funding to stave off bankruptcy remember, it's still the largest cinema chain in the world. they raised over $100 million earlier this month on 38 million shares and 200 million available share size so they're having some trouble placing these. still they're down more than 70%, down 6% today, and now it's on the smaller side for us to even mention its market cap is down to under $350 million on the flip side let's take a look at one of the best-performing asset classes this year. bitcoin. if you can call it its own asset class. it basically is. it's up another 5% today, or $1,500, to another all-time high its market cap is now over half a trillion dollars 518 billion, according to coin market cap and it's now on pace for its best year since 2017 that's when we saw its pairbombic move higher, when it was up almost 1,400% investors have seen demand coming from larger and larger players. some big name investors like drukenmille

feels like he has nothing on his schedule every day he makes amc look busy right now.mike pence toured a pharmaceutical company today in indiana and held an operation warp speed round table discussion well, it wasn't supposed to be warp speed, but then someone asked him if biden won the election "okay, got to go, warp speed!" first coronavirus vaccine known to be administered in the u.s. was given yesterday in new york, which means in about six months, everyone in l.a. is going to start doing it [ laughter ] today was national wear your pearls day, said americans, "sweat pants and pearls, got it." and finally, according to do a new study the so-called "catch scratch fever" illness that is caused by animal bites or scratches can cause psychiatric symptoms though it's just ask likely the psychiatric symptoms are what led you to get a cat in the first place. and that, you guys, was a monologue, we got a great show for you tonight. you know her from "mama mia" and "mean girls. amanda seyfried is here. i just watched her performance in "mank." she is fantastic the very funn

releases before james bond in april but the largest theater chain isn't going down without a fight amc saying, quote, we will aggressively pursue terms that preserve our business. shep >> julia, thanks >>> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news the cdc recommending health care workers and people in long-term care facilities get the covid vaccine first once it gets approved so far the virus has killed more than 100,000 people in nursing homes. nationwide those who work and live in long-term care facilities make up less than 6% of all covid cases but they account for nearly 40% of virus-related deaths. that data from the covid tracking project cnbc's contessa brewer on the top story at the bottom of the hour, live outside a nursing home in lake catrin, new york. >> shep, good to see you tonight. the cdc has urge ed governors to put nursing homes at the top of the list when the vaccine comes out, and new york's governor has already publicly committed to that but nursing homes like this one and around the nation, it's already too little too lat

an urgent talks of one of the largest hollywood movie produces in a round of a showing films online amc wants one of brothers to change its plan to stream new films online for next year the same time as they are released in the cinemas the owner of audience cinemas in europe is just one company being bypassed by major studios after they were forced to close for lock downs and now is restrictions essential as a desk for exclusive content to live viewers back. it's a good. i mean it depends on the movie i like to see and i'm in both but i'm kind of a t.v. guy so for the most part you know i want to be we're going to see a movie but i think a virtual comeback is nothing like taking a friday night movie you know. everyone does right now i think people want to stay home you know for that car for him to see the but i think once you know america can best. go to it's comfortable for everybody i think everybody will go back to cinema same thing with broadway you know people love the feeling of being able to get out of your house and experience it in the u.k. in the e.u. still haven't managed to

lauren, amc may be selling more shares? how many? >> 50 million. they have to.off bankruptcy. they need to help keep their equity investors whole. the stock is down 4.5%. it is down 70% this year. the reasons are obvious. many theaters are closed, and the ones that are open, they're capping attendance. and you were just talking about wonder woman: 1984. if you liked it or not, it was the best grossing movie since the pandemic, and even that wasn't a lot of money. so amc is struggling. david: $16.7 million, you know, to think that's a record for 2020. it shows you how bad the year was for entertainment. thank you very much. >>> check the big board, we are up across the field, all the indexes. the dow is up about 95 points right now. nasdaq is up as well. bitcoin, susan, it hit a new record? >> oh, yes, $28,500 plus, record-breaking rally are. david: wow. >> the biggest monthly rally since last year. it's up 40% in december alone, that's just incredible. more than 200% on the year and the most popular -- probably the most convenient and easiest ways to buy bitcoin

amc is the largest movie theater chain. is condemning this move, saying quote, warner media intends to sacrifice a considerable portion of the profitability of its movie studio division and that of its production partners and film makers to subsidize its hbo max startup, which by the way costs $15 a month. you know taking the kids and grandkids to the movies costs a lot more than that. you know, the question is, is this a temporary move to get us through the pandemic, but can you put the toothpaste back in the tube in say 2022, when there's a vaccine and people can go to the movies again? can you really change the setup after you have gotten people used to the fact well, this new movie's coming out, should i buy a ticket to see it in the theater or just watch it with family at home, it's easier. stuart: exactly. can you put the toothpaste back in the tube. the answer is no, or with great difficulty. put it like that. okay. let's move on. >>> what have we got? all right. let's go on to uber. that is interesting. what's this

how do things change for amc? ryan: i don't think they do.k the other issue is we have home entertainment systems now that are just awesome. if you look at my apartment here in manhattan, i have this projector that i put against the wall and it's like being at the movie theater. so to your point, maria, even before the pandemic. i didn't like going to the movies anymore. i like the popcorn. i'm going to miss that. overall, less people are inclined to go to the movies. maria: yep. i'm with you. i'm with you. we'll take a break. when we come back, password privacy, twitter and zoom topping a list nobody wants to be on this holiday season. we'll explain when we come back. stay with us. a very mariah christmas, the diva has a sweet holiday treat. it's making a buzz this morning and we'll bring it to you. "mornings with maria" is live on fox business. everyone remembers the moment they heard... "you have cancer." how their world stopped and when they found a way to face it. for some, this is where their keytruda story begins. keytruda-a breakthrou

amc is now allowing the customers to rent out individual theaters for private screenings for up to 20e theaters will eventually bounce back. >> this is not just a ceo move, but it is a social move and i can't tell you what is the difference of seeing a good comedy with 200 people around you or to see it alone in your living room. >> and if you plan to watch one of the movies at home, they are only available on hbo max for a month after the release and you are to subscribe, and the strategy is if you can't make a ton of movie at the box office, try to boost the subscription numbers at the home. this is not good news for theaters. >> i am dying to get back to the theater. >> yes. >>> and coming up on "pop start" we have a holiday performances by arianna grande and jennifer hudson. biktarvy fights h-i-v to help you get to and stay undetectable. that's when the amount of virus is so low it cannot be measured by a lab test. research shows people who take h-i-v treatment every day and get to and stay undetectable can no longer transmit h-i-v through sex. serious side effects can occur, incl

then secondly, a lot of the shares ownership that's becoming unlocked up is owned by viacom, comcast, amc& e, discovery just based on the roku tradeout, if these companies typically left about a year or two after roku went public they are not really in a hurry strategically to get out of these streaming businesses where they have exposure they don't need the money because they are so big. so i would expect most of those to hold and therefore we won't see those shares except dribbled out over a couple years. that's my best guess. >> ten seconds laura, what's the next move? what's the next stock that's going to make a 500-plus percent move >> my top pick for magn ayete. a sell side platform like trade desk. that's my number one pick for 2021. >> laura martin, thank you. >> apply pleasure. >> appreciate you joining us. >>> a new ipo alternative, up next, investor bill gurley called the approval of the new york sckxcto ehange plan a christmas gift to venture capitalists. he will join us in an exclusive interview coming up in 90 seconds. stay with us >>> a potential big win for silicon valley

amc's ceo and president issuing a blistering statement saying, while they agreed to an exception fornder woman," vaccines are right around the corner and they will aggressively pursue economic terms that preserve our business. >> put my pennies in my piggy bank. >> reporter: the move also raising the stakes for streaming. >> this announcement is going to change how every other studio releases their movies. there's no doubt about it. >> reporter: abc's parent company disney has previously announced that the highly anticipated pixar film "soul" starring jamie foxx will premiere on disney plus on christmas. >> you know what that is going to say, joe gardner. >> reporter: now this move from warner bros. taking the streaming wars to a new level. >> if this goes on for a year it will be really hard to put that genie back in the bottle. >> reporter: in a statement warner bros. acknowledged, quote, the reality that most theaters in the u.s. will likely operate at reduced capacity throughout 2021 due to the pandemic. they called their strategy a unique one-year plan. so homemade popcorn for 2

so does amc, which is -- you know, the walking dead. barry diller did a fantastic job.rate cold. lockheed just bought a company. they've done a fabulous job of bringing on a ceo. the stock is 52 and-a-half up from 40. they're taking out at 56. steele partners, the control of it, the stock is $8. $9. that's going to go up sharply. there's a lot of elements in the ecosystem. and spacs, private equity, ipos, some of them will turn out to be distake disasters butn balance m&a is okay. maria: okay. so we just spoke with the founder of blade. he's backing into a spac, going to go public as well. i know that's all the rage. what about social media, mario? these companies are facing a slew of lawsuits in the us and abroad, number of lawmakers including president trump calling for the controversial section 230 of the communications act to be removed. your thoughts on the state of social media companies and whether or not you want to avoid them with all of this regulatory change. >> that's a great question. and obviously going to have a magnifying glass by owners of those stocks.

amc theaters as you can imagine condemned the move.hers on every film since 2002 is the very first in-house filmmaker to speak, calling the whole situation a mess. warner, meantime, has made no comment. stuart: no surprise. thanks, ash. stay with streaming. susan will tell us what is the top streaming title last month. susan: mandalorian season 2 grabbing 30% of the streaming office. that is almost doubled netflix most watched program, "the queen's gambit." and jingle jangle and schitt's creek. i am not into that but i believe you are which i find surprising, stu streaming schitt's creek. not my type of humor. morgan stanley, credit suisse, keybanc, morgan stanley raising their target prices. roku buzzing because it has a 375-dollar stock price like city. just crossing the headline. at&t is rallying because apparently they're getting multiple bids for directv, valued at $15 billion including debt. apollo management the front-runner according to the "wall street journal." stuart: how about is did any i'm pretty sure they're up today. la

apple has removed gains from the china app store as it seeks to comply with obtaining licenses >>> also amce new capital to stave off bankruptcy, selling 50 million shares in a new funding raise. >>> and end phase energy is going to be replacing tiffany in the s&p 500 before the market open on january 7th. mhs acquiring in a near $50 billion deal stay tuned, you're watching "squawk box. and this is cnbc see every delivery... every yikes... and even every awwwwwwww... wait, where was i? introducing self protection from xfinity. designed to put you in control. with real-time notifications and a week of uninterrupted recording. all powered by reliable, secure wifi from xfinity. gotta respect his determination. it's easy and affordable to get started. get self protection for $10 a month. . >>> welcome back to "squawk box," the futures right now are in the green, slightly, up 16 or so the dow up, the nasdaq up about 22, and the s&p up just under 4. take a look at the small cap russell 2,000, up more than 30% this quarter on pace for the best ever, more than doubled since hitting bottom during th