what are we hoping bob eiger will do?t important we need some color on what disney's earnings will look like this year and next. the company has a lot of expensive projects in the works, the expansion of espn plus, the lauchlk of disney plus, two new "star wars" theme park zones and the integration of fox's enormous entertainment business. wall street only expects them to earn down significantly from 2018 so we got two big questions on the earnings front will the numbers be materially worse than the consensus figure. if we toss out the biggest outliers right now the analysts are looking for in irfrom $6.36 to $7.44 a share assuming disney gives us explicit guidance and as long as their forecast falls somewhere between those numbers, we should be fine. but if they pull a cvs and give horrible guidance, guidance that's below even the lowest analysts on the street, then the stock could get hammered the second sticking point we want to hear that 2019 will be the trough for earnings. ideally this year would be a reset year, re

bob eiger's that this is the number one priority of disney right now.their discussed subscriber base. with the price i have no doubt they will reach those goals. >>> this is a crowded field. do you think consumers are ready to embrace more streaming entertainment? >> we are way underserved by the cable companies. we have to get services we don't want. if you are not a sports fan you end up getting sports in the packages. they haven't moved fast enough to give us the @ la carte services we have been demanding. as we cut the cord and gone to streaming services they have created this market where we can get specialty content and only select the things we want. if you think about subscribing to espn netflix and maybe amazon prime you are still going to be way under what you are paying for cable. you can select just the content you want rather than having to deal with the other noise you might not be interested in. >>> you make a good point. wall street liked the news. shears of disney up more than 10% this morning hitting a record high. we will see what con

disney finally pulling back the wraps on its new streaming service, but it's what business ceo bob eiger said about traditional tv that is getting all of wall street's attention today. you're going to hear from eiger ahead. earnings season kicking off in a couple of hours. what you can expect from some of the biggest banks like jp morgan and wells fargo when they roll on the their numbers let's call it the cain mutany. another gop senator coming out against president trump's latest pick for the fed and a big win for space-ex last night as it launches the world's most powerful rocket all the details ahead on these big stories on this friday, april 12th, it as worldwide exchange begins right now. >> good morning, good afternoon, good evening i am brian sullivan, and happy friday look at this i mean, like major tom, futures up, up and away this morning dow futures, somebody came in hot and heavy into the futures market about a half an hour ago. futures were mildly up when we checked about 30 minutes ago look at this dow futures now up 165 points. s&p and nasdaq futures are also higher as we

i think it will be interesting to see how brian and bob eiger work it out from here. to work together and i think there's a great deal of potential for hulu. >> what's a good sub forecast five years out on hulu >> i think we have to see before we can make that any more definitive and grinded, how they work this out. i think if they work together, both of these are great content generators, disney more than comcast just based on size you put those things together and then you take into account the fact that there's a way to mix this with disney plus, and you have number three in a three-horse race long term for film entertainment. >> which stocks do you own in that group of streamers? >> of the streamers, we own a lot of disney. we added to it in anticipation of the meeting because we've known bob eiger for a long time. i just remember the first day i het him he was the heir apparent to michael eisner and there was a big controversy between steve jobs, pixar and michael. i asked bob what he thought of this and he was unproven he said pixar is great we have to make peac

. >>> disney ceo bob eiger made $60 million and a disney family member thinks that's insane.il disney, the granddaughter of disney, criticized the multimillion dollar pay on sunday tweeting by any objective measure, a pay raise of over a thousand is insane. last year the $66 million package was 1424 times the median salary of a disney employee which is 46,127. his pay was largely boosted by long-term incentives associated with his contract extension which was announced alongside the deal for disney to purchase most of 21st century fox. disney said he could have personally given a 15% raise to everyone who worked at disneyland when he got his bonus last year and still had $10 million. she dove deeper into her remarks sunday and in nearly two dozen tweets saying while he does deserve a bonus, the employees deserve the dignity of a living wage. the disney company signed a new deal raising the minimum wage of walt disney workers to $15 an hour by 2021. the company defended eiger's pay which they say is 90% performance based. >>> a recall includes toys sold between october and nov

disney finally pulling back the wraps on its new streaming service, but it's what business ceo bob eigeronal tv that is getting all of wall street's attention today. you're going to hear from eiger ahead. earnings season kicking off in a couple of hours. what you can expect from some of the biggest banks like jp morgan and wells fargo when they roll on the their numbers let's call i

. >> she's arguing that 1400 times that is how much bob eiger makes the median price of a disney employeeat's up from 278 the average ceo makes 30 times that video sala salary. >> sheet he's worth it. >> she is missing the point th that. stuart: she's grinding the socialism ax. socialism and equality. >> i'm not saying i agree but the fact that she stating her op-ed piece. [inaudible conversations] stuart: want to bring in keith. would you buy a stock like disney or netflix where the chief executive has paid an enormous amount of money? does that salary put you off? >> no, it does not. to your point and to everyone else's point, he's creating valley so what if he's executive if he or her does her thing and makes millions and they make billions for the shell folders but the argument is misguided. if you want to bring this and you have to change the system that rewards that conversation, not to put in a cap. stuart: by the way, disney's streaming service will have 20% less content than netflix. i don't think this is quantity over quality but where's the quality? >> hastings valerie is [inau