. >> host: does she have any involvement or your predecessor, james billington, at this point? >> guest: well, what we talk about is their legacy and the fact that it started with dr. billington who was the 13th librarian of congress, i'm the 14th, and laura bush, the first lady at the time. and it really emphasizes, i think, the prominence of the joy of reading and promoting reading and to -- it actually was on the mall. it was outside and then there were some concerns because if it gets rained out, there you are. so it's now moved to the convention center in washington d.c. so we don't have to worry about rain, it's bigger, there are all kinds of venues, and it still has that mall feel though because you just walk around, and there are all types of things there. you can buy the books and have your books autographed by the authors. and that's always a thrill. >> host: when does planning for this start? >> guest: it starts as soon as one festival is over, literally within a week we're assessing what happened, what worked, what didn't work, what do we want to do and improve, and

and the fact that it started with doctor billington who is the 13th librarian of congress on the 14th and laura bush, the first lady at the time. and it really emphasizes i think, the prominence of the joy of reading and promoting reading and it actually was on the mall, and then there were some concerns because of it gets rained on then it is now moved to the convention center. in washington d.c. so we don't have to worry about rain. it is bigger and there all kinds of venues and it still has that mall feel because you just walk around and they are all types of things, you can buy the book and have your books autographed by the authors and that is always a thrill. >> uintas planning for this start? >> it starts as soon as one festival is over. literally within one week. we are assessing what happened, what worked, what did not work, what do we want to do and improve? and we start working on it right away. >> do have direct involvement? or do you get updated on what is happening? >> at the tell you, i have more involvement probably then you might think. because this really is the esse

>> guest: what we talk about is their legacy and the fact that it started with doctor billington, the 13th slugger in congress, i am 14, and laura bush, first lady at the time. it emphasizes the prominence of the joy of reading and promoting reading. it actually was on the mall, it was outside. there were some concerns, if it gets rained out there you are so it has moved to the convention center in washington dc so you don't have to worry about rain. it is bigger. there are all kinds of venues. it still has that mall feel. you walk around and there are all types of things, you can buy the books and have your books autographed by the authors and that is a thrill. >> host: when does planning for the start? >> guest: it starts as soon as one festival is over, literally within a week, we are assessing what happened, what worked, what didn't work, what we are going to do and improve and start working on it right away. >> host: you have direct involvement? do you get updated? >> i have to tell you, i have more involvement probably than you might think, because this is the essence of what we

. >> does she have any involvement for james billington at this point? >> what we talk about is their legacy and the fact that it started with doctor billington, the 13th librarian of congress, i am the 14th and laura bush, the first lady at the time. it emphasizes the prominence of the joy of reading and promoting reading and it was outside and there were concerns that if it gets rained out it has moved to the convention center in washington dc, you don't have to worry about rain. it is bigger, there are all kinds of venues that it has that mall feel, you walk around and there are all types of things, you can buy the book and have the books autographed by the author and as always a thrill. >> when does planning for the start? >> it starts as soon as one festival is over, within a week, what happened, what works, what didn't work, was we want to do and improve and start working on it right away. >> do you have direct involvement or get updated on what is happening? >> i have to tell you i have more involvement than you might think because this is the ess

. >> does she have any involvement for james billington at this point? >> what we talk about is their legacy and the fact that it started with doctor billington, the 13th librarian of congress, i am the 14th and laura bush, the first lady at the time. it emphasizes the prominence of the joy of reading and promoting reading and it was outside and there were concerns that if it gets rained out it has moved to the convention center in washington dc, you don't have to worry about rain. it is bigger, there are all kinds of venues that it has that mall feel, you walk around and there are all types of things, you can buy the book and have the books autographed by the author and as always a thrill. >> when does planning for the start? >> it starts as soon as one festival is over, within a week, what happened, what works, what didn't work, was we want to do and improve and start working on it right away. >> do you have direct involvement or get updated on what is happening? >> i have to tell you i have more involvement than you might think because this is the ess

. >> does she have any involvement for james billington at this point? >> what we talk about is

billington is down 2.91%.that are adding the weight to the downside in terms of market moves we are seeing this morning. you are seeing iron or trading sharply. , a bignt donald trump factor in all of this, stepping up his campaign of pressure on north korea, warning things will happen to them like never possible. -- like ever thought possible. that is a quote. ray dalio terms of the game of chicken between the u.s. and north korea. he recommends 10% assets in gold to protect against the core risk. meanwhile, -- yes. we are on the same page quite literally. alliam dudley offered positive outlook for the u.s. economy. a positive outlook for the jobs market, and a positive outlook for inflation in his a speech yesterday, predicting an increase in dpi over the medium term -- in cpi over the medium term. here is some of the comments that we have had throughout the week. going to get to a year-over-year number of 2% until some of these drop out of the statistics. it is going to take time. policy has been surprised

goals in a late stage trial >>> and hedge fund elliott management has raised its stake in miner bhp billington to 5%. elliott pushed at changes since first buying shares of bhp back in april >> we're going to talk netflix, because it's been a busy few days for that company. disney announcing its going to shift marquee content off netflix in favor of its own service. and then netflix snatched shonda rhimes from abc. variety got a look at one of the most critical players, the chief content officer, joining us right now the author of that story, variety's new york bureau chief. we appreciate you being here this morning >> thank you for having me >> so, there was another article, not yours, but another that said that netflix wants to be disney. do you -- where do you think this all goes? >> i think netflix really wants to be everything they want to produce content they want to push out the content. they want to have you watch the content whenever you want to watch it and it's changing and revolutionizing hollywood. and it's disrupting people often talk about netflix as a great disruptor. it really