that's what bob iger means, our deal is different. we're putting pieces together that makes sense i think the deal makes sense numbers reinforce the problems with disney. to say disney needs other content when i think it's the best brand in the world i think is not right getting right to the point, disney frayeded a premium for a long time. >> the only difference, though, about the content is netflix is no longer paying for other people's content they are making their own, which makes me think it can be something able to be replicated going forward and not reliant on the disney that was the bear case, deals unwind, going after their own content, are they going to be able to curate their own content domestically and internationally and i think they put fears to rest for the time being. >> in terms of disney, content, sky for distribution particularly international that's exactly what comcast wants as well international footprint with which to distribute its content therefore, do you want to own disney here if it means that disney wants

kennedy: bob iger called her out publicly.nd she was essentially forced to call vice president pence and apologize. i want to ask you two things. should everybody be fired or should nobody be fired? it seems like we have to have a uniform measure of outrage which we don't have right now. which way do you think it should fly? >> it's a great question. bob iger called out joy, but he didn't call the vice president to apologize. but he called valerie jarrett. either everybody follows the same rules or nobody follows the rules. kennedy: which rules should we follow? and i mean that. it's really hard to offend me. i give come is a lot of leeway. i understand there is a line. you can't hurt kid and you can't be racist. i truly understand that. but when does it go too far? do you think kathy griffin should have been fired from cnn for holding up the severed head of the president? >> comedy is one thing. but equating the president to be a nazi and saying he was part of the genocide of killing 7 million people is absurd. not only did t

and where was bob iger when comments were made about the president? >> does the white house have any evaluation of its own of the recently released study estimating that more than 4,600 people died in puerto rico as a result of hurricane maria? and if that number is accurate, does this indicate the administration's response to the storm was inadequate? >> the president takes the situation in puerto rico extremely seriously and the administration has been monitoring that from the beginning. we've been supportive of the governor's efforts to ensure full account and transparency. the two category four hurricanes that hit puerto rico were historic and we responded with the largest fema operation in history. we'll continue to work with the people of puerto rico and do everything we can to be helpful. >> reporter: are there any concerns or any risks on continuing to push china on the tariffs in trade considering their relationship with north korea and what the president had said about president xi and kim jong un? >> the president continues to have a good r

. >> sean: abc's ceo, bob iger puts jimmy kimmel on night after night. we can't forget about his sexist skits that he did. might remember this. >> hello. welcome to hollywood. would you like to have sex me? >> no. >> would you like to have sex? no? please? i'm begging you. i think you would enjoy it. >> big guy. his unit is relatively small. >> right, right. >> gives you this inadequacy thing. >> oh, my god! >> you have ten seconds to then guess what is in my pants. ready? set? >> go. >> you should use two hands. two hands. >> sean: no one at abc, bob iger or disney is outraged by that? of course, you have joy behar. she attacked mike pence. why? because of his christian faith. take a look at this. >> she said that jesus tells mike pence things to say. >> when was she around mike pence though? >> obviously she was around him. when you have a mike pence that puts this religious veneer on things and calls people values vote voters, we're in a dangerous situation. i'm catholic. i don't know that i want my vice president speaking in tongues. >> like he said

he tweeted about bob iger of abc. changing the subject there. but let's listen in here. you know, herschel walker. the race is on! [applause] blake, who are all the kids on the lawn there today and how did they get the invite? >> not entirely sure. a great question. i'm sure they got some from the local schools here. don't exactly know. i don't believe we were given a list. it's a beautiful day here in washington d.c. president about 75 degrees, overcast. the south lawn. if you have never been out there, it's probably the best viewou get here in washington withe monument in the background, the white house there. it's going to be a memory no doubt for these children as they get to play on the white house lawn and do so with some of the greatest ever in their sport. >> shepard: good stuff. love it. if you get to talk to mariano, send him love. he was here one day. and good news. former president george w. bush is doing well but staying in the hospital for now. his spokesman tweeted president george h.w. bush continues to be talkative and in good spirits as doctors at south

does brian roberts need this as badly as bob iger does?e global expansion opportunities. he does need expansion. and they're looking to get bigger as well. david w.: let me come back to you on theme parks. we tend to focus on what this means for over-the-top -- is there a player in the theme parks? yesterday's could make this into something like harry potter or star wars? of course. anytime you bring in a >> new studio with ip's and established open up the opportunity to take a vantage. and what disney has done now is to do it at different levels. , such multigenerational as star wars, you do an entire land. if it is something that is newer and you are not sure how long the shelf life is like guardians of the galaxy, you put in a new ride and you do it on the rider show base. so they are able to exploit all of the ip's and that is the ability with the theme parks. the goal is to be relevant and up-to-date. this takes years before you see something in a themepark but if it is proven and it has legs and it will last for years, you will see s

where was bob iger's apology to the white house staff for jamal hill calling the president and anyone associated had him a white supremacist. to christians around the world to joy bayer calling christianity a mental illness. where was the apology for kathy griffin showing her holding president trump's decab tated head. and where was the apology for bob iger hiring keith olerman after tweets saying the president is a nazi and comments against the president's family. this is what the president is talking about. no one is saying her comments were appropriate but that is the point he is making. >> does the white house have any evaluation of its own of the recently released study estimating that more than 4600 people died in puerto rico as a result of hurricane maria? and if that number is accurate, does this indicate the administration's response to the storm was inadequate? >> the president takes the situation in puerto rico extremely seriously. and the administration has been monitoring that from the beginning. we have been supportive of governor roselo's efforts to ensure full accounti

bob iger of abc called valerie jarrett to let her know abc does not tolerate comments like those made by rosanne barr. gee, he never called president trump to apologize for the horrible statements made about

i'm julia in los angeles as disney is set to report earnings, we have a first cnbc interview with bob iger after the numbers hit. >> we're on the floor of the new york stock exchange, risk of emerging markets sparking as well as potential rewards. >>> i'm kelly evans, big business reacts to the shocking resignation of wall street's toughest critic, and gary cohen sheds light on the next mission. >> holding that smile for a while there. welcome, everybody, we'll get to the stories in just a moment, but, first, a check on the markets, down now, sinking 118 points, down 150 at the low a moment ago, spiked lower after the president announced plans to withdraw from the iran nuclear deal markets initially took that positively, we are still down half a percent across major averages, and russell with a small gain >>> we begin with breaking news on iran nuclear deal we get to our cnbc news correspondent michelle caruso-cabrera >> harsher than many expected. there's been a lot of talk whether or not there was going to be a hard exit or soft exit from the iran deal would there be allowances for time,

. >> i think it's clear that james murdoch is not in contention to run disney bob iger has been relatively consistent about that. let's talk to a telecom analyst from raymond james frank, good morning. >> good morning. >> if the department of justties is -- does lose this at&t/time warner case, do you believe that it opens up the opportunity for everybody to buy everybody >> that's going to depend. the biggest insight they get is how you define the market. how you define the market tells the story in any antitrust case. if they are successful in how

where was bob iger's apology calling jammel hill or anyone associated with him.christians, calling christianity a mental illness. kathy griffin going on a profane rant on the view after it showed her holding president trump's decapitated head. and where was the apology for bob iger after hiring keith olbermann attacking the president as a nazi and expanding his role against the president's family. this is a double standard that the president is speaking about. no one is defending her comments. they are inappropriate. that's the point he was making. liz: take on two things, the critics saying president trump should have denounced roseanne barr first and check out what the press secretary just said. and joy reed did not lose job over homophobic bigotry attacks and blog posts. he didn't denounce roseanne barr first? >> the president says he denounces all racism. we all denounce racism, that would include the president. she's spot on. we need to have one clear standard in this country. denounce hate where we see, it whether it's on the right or the left. and the fact

donald trump's decision to pull out of the nuclear deal with iran >>> on the fox side, disney ceo bob iger tells he's confident the disney deal to buy fox assets will close. walmart, though, making the biggest deal ever in an effort to take on amazon. the dow component agreeing to acquire a 77% stake in flip cart, india's largest e commerce company. the remainder will be held by flip cart's existing shareholders this is what walmart's doug mcmillen said. >> we're excited to invest in flip cart. india is one of the largest and fastest growing economies in the world. it represents an enormous market opportunity with 1.3 billion people, strong gdp growth, and a growing middle class we've been operating in india since 2009, and we're very encouraged by the progress we're seeing. >> second most populist country in the world with a lot of rules restricting how foreign companies can invest hence the structure. >> true but flip cart is number one in market and fashion. number one in mobile number two in electronics. number one in large appliances this gives walmart a market one of the biggest grow

the ceo of disney demanding an apology from bob iger. we'll dig into that next.make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. behr presents: ordinary versus overachiever. behr premium plus, "behr" through it all with a top-rated paint at a great price. find it exclusively at the home depot. [ drum roll ] ...emily lapier from ames, iowa. this is emily's third nomination and first win. um...so, just...wow! um, first of all, to my fellow nominees, it is an honor sharing the road with you. and of course, to the progressive snapshot app for giving good drivers the discounts -- no, i have to say it -- for giving good drivers the discounts they deserve. safe driving! for giving good drivers the discounts they deserve. wearing powerful sunscreen? yes! neutrogena® ultra sheer. unbeatable prot

bob iger engaging on the roseanne barr situation, that's a no brainer, right? he dealt with that and he dealt with it quickly. tough admire how he did it but those are the kind of things you can see escalating although one must question if that needs to go to ceo of disney to make that decision. >> would you have fired roseanne barr >> i can't imagine how you would not. >> thank you for the direct response to that question. that's nice. we like that let's talk about the deal that you want to get done proposed the fall of 2016. since you've announced that deal, we've seen lots of moving around in the media landscape, lots of potential deals. we had james murdoch up here talking about disney and fox it seems like your deal has now triggered either lots of specific deals or a lot of deals to be made did you expect that was going to happen that once you said we're buying time warner, that would trigger other things >> i don't know it triggered off all these things or we got in front of things that were inevident pbl. you're seeing a lot of things play out that are

calling out disney's ceo bob iger with this tweet.ed val ae jarrett to let her know abc does not tolerate comments like those. he never called donald j. trump to apologize for the horrible statements said about me on abc. sarah sanders echoing the president and offering up a list of grievances the president has against abc. >> where was bob iger's apology for white house staff and jemele hill calling the president and anyone associated with him, for christians, where was the apology for cathy griffon going on a profane rant against the president on the view after a photo showed her holding president trump's decapitated head? and where was the apology for bob iger for espn hiring keith tacking the president as a nazi and even expanding his role after that attack against the president's family. this is double standard the president is speaking about. no one is defending their comments, they're inappropriate, but that was the point he was making. >> so what did all of that have to do with roseanne barr? a friend of donald trump's for mor

bob iger called valerie jarrett and apologized. he never called and apologized to me. maybe i just didn't get the call. here's the white house press secretary sarah sanders. >> where was bob iger's apology to the white house staff over the jemele hill? and joy behr for the mental illness? where was abc after kathy griffin? that is the double speak. the comments are inappropriate. that is the point he was making. >> following the backlash that she was ambien tweeting. roseanne said it was an explanation, not an excuse. in a later tweet, she said i am not a racist. i never was and never would be. her ex-husband, tom arnold spoke to cnn. >> she was so far gone with the conspiracy theory and hillary is a pedophile and obama wasn't born here and how crazy that was. i just knew that this would not end well. >> roseanne's on-screen husband john goodman said quote, i wasn't going to get an emmy anyway. >>> breaking overnight. russian foreign minister meets with kim jong-un in north korea. sergei lavrov on the visit to pyongyang says sanctions must be lifted if is there a solut

bob iger doesn't tweet all that much. it caught the attention much u.s. president in the last hour. trump firing back at iger, tweeting that bob iger of abc called valerie jarrett to let her know that abc does not tolerate comments like those made by roseanne barr. gee, he never called president trump to apologize for the horrible statements made and said by me on abc. maybe i just didn't get the call. well, mane time the maker of ambien, the french drugmaker sanofi, also getting into it, also busy tweeting. it said all pharmaceutical treatments have side effects racism is not a known one. charles, it seems like that is the main way to communicate these days is on the twitter page. charles: get your message out there instantaneously. reaction as well the susan li, thank you very much. >>> here now with reaction, media research president brent bozell. all right, tweets are flying fast and furiously today. the aftermath will obviously continue for some time. what do you make of how it has all gone down so far? >> for starters abc made the right decision. i've never been a fan of rosea

bob iger is the ceo of disney which owns abe.was the investigative reporter, who was suspended from abc after they publicly said he made a serious reporting error in a story about trump's former national security adviser, michael flynn. but all of this avoids the issue of the racist comment itself. "outfront" now, national affairs correspondent for "the nation" joan walsh, and former advise tort trump campaign, steve cortez. why can't the president just say what she said was dead wrong, but. and then go on whatever diatribe. why not just say, it's wrong? >> sure, it was wrong. i'm saying it. i think the president would say it but i want to take exception -- >> he hasn't. >> you said he refused. he was not asked about this. that's an incorrect statement. he didn't refuse to comment. he just didn't comment. and that's a big difference. look -- >> he's coming out and saying, bob iger should be apologizing. that's commenting. >> bob iger should apologize. you know why? because brian ross issued a blatantly false statement about the p

bob iger walked off one of his industry councils taking a shot at him. appropriately show which he needed help and people like iger were part of the problem, not the solution. >> it's the different between short termism or make your shareholders happy at the next quarterly bleetding or the interest of the national large. the chinese having a long-term approach. lou: there is a simple word for the problem. that's multi-national when it applies to businesses. they had better be american businesses operating globally. dr. sebastian gorka, good to have you with us. president trump calls out the left-wing national media for hypocritical treatment of roseanne barr. we'll have the story straight ahead. yes, it goes on. it took guts to start my business. but as it grew bigger and bigger, it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. and that 2% cash back adds up to thousands of dollars each year... so i can keep growing my business in big leaps! wha

bob iger walked off one of his industry councils taking a shot at him.ropriately show which he needed help and people like iger were part of the problem, not the solution. >> it's the different between short termism or make your shareholders happy at the next quarterly bleetding or the interest of the national large. the chinese having a long-term approach. lou: there is a simple word for the problem. that's multi-national when it applies to businesses. they had better be american businesses operating globally. dr. sebastian gorka, good to have you with us. president trump calls out the left-wing national media for hypocritical treatment of roseanne barr. we'll have the story straight ahead. yes, it goes on. ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪ proven to protect street skaters and freestylers. stops up to 97% uv. lasts through heat. through sweat. coppertone. proven to protect. lou: president trump accusing abc of a double standard after the network canceled its hit show "roseanne" after her controversial an

david: there is pressure on bob iger.rprised that their offerings figured so much in their earnings. >> even viacom had a better than expected quarter. it is from the operation side of disney. --estors will look at one of what are the early signs of uptake for espn plus. this is the future of disney. bob iger already says the company needs a direct relationship with consumers. i do notis is what understand -- i understand over-the-top and why it is important to everyone and trying to compete with the likes of the foot and amazon. at the same time, when you look at espn, the walt disney company has been so large and has been growing at a rapid rate. if they are actually coming down in growth rate, can they get enough money out of over-the-top to make up for that loss? barton: that is the problem with the stock. there is a lot of skepticism about that. fox,playing disney through disney buying fox. cheaperget disney through fox. that said, these guys have great brands. with tax reform, earnings per share will be growing over

a protected process, and there have been behind the scenes discussions between james murdoch and bob igerut the role that he could play in disney in the acquisition goes through. so there are already expectations on both parties if you think about murdoch senior as well, his background and what legacy he wants to leave behind, disney is a better fit for what he's built up with 21st century fox >> tim, i want to talk about some disney numbers. what would the company's bottom line look like without marvel and "star wars," do you think? >> significantly different the interesting thing from yesterday's numbers, if you look at the studio segment of the revenues, studio entertainment, 21% in operating revenues, but operating income was up. so over the previous six months there's been an increase of 9% for that segment but in the last three months, there's been a 29% increase in the operating income that's come down to two things, "black panther" and unexpected huge international successes and underlines disney as a global brand, and we also have the avengers franchise those two movies alone bro

quote, bob iger of abc called valerie jarrett to let her know abc does not tolerate comments like those roseanne barr. gee, he never called president donald j. trump to apologize for the horrible statements made and said about me on abc. maybe i just didn't get the call. >> no one is defending her comments. they're inappropriate. but that's what the point that he was making. >> reporter: today in the briefing room the white house press secretary insisted the president was calling out abc for a double standard. >> where was bob iger's apology to the white house staff for jamel hill calling the president and anyone associated with him a white supremacist, to christians around the world for joy behr calling christianity a mental illness? >> reporter: for the record, hill and behar both faced repercussions. espn suspended hill for violating the company's social media policy. and behar called vice president pence to apologize and issued an on-air mea culpa. >> i sincerely apologize for what i said. >> america was divided before "roseanne" came on, america will be divided long after the show

bob iger has records in this current quarter to sell rate just today avengers: infinity war topped $900illion worldwide after 9 days of release putting the film on track to be the fastest to ever hit $1 billion in worldwide ticket sales pivotal upgraded disney to hold last month citing a lot of positive elements going into the back half of the year including a still very strong film slate bob iger is likely to mention the upcoming launch of solo on memorial day weekend he has a lot of big films coming up but the options market is currently applying a move of 3.5% in either direction post earning which is are tuesday afternoon. >> jewel yarks thank you you have a trade on disney. >> that set up is interesting. and direct to consumer they're over the top they're ip and how they're going to distribute it going forward and like that upgrade there's not a lot of stuff in the near term so you have to think about the second half so i do have a new trade strategy. >> it's not new. >> after ten years we have a new structure. >> maybe new to our viewers and we're going to call this a call calenda

julia boorstin spoke to disney ceo bob iger about the company's quarter. >> reporter: the bottom line from disney's earnings, t media giant out performed expectations pretty much across the board with the biggest up side surprise, disney theme parks and the movie studio where blockbuster films and new attractions killed ticket sales and attendance. perhaps the most unexpected thing about disney's earnings, the fact that it performed better than expected at the media network division which includes espn. it's been under pressure with cord cutting causing subscriber losses. >> we believe you're going to continue to see real growth int di platforms and continued erosion on the traditional side. i think ultimatel the new business will eclipse the older business. i think it will probably happens sooner than people initially predicted and that's why we're going into this in big way. >> ceo bob iger wouldn't reveal how many people have signed up for direct to cssumer busin espn plus but he said the app is performing quite well and that ey're continuing to find ways to make the user experienc

david: that was part of my conversation with bob iger, disney ceo. more on the outlook on the deal and to take us through the second quarter results, we .elcome tuna amobi he has a strong buy rating on disney. before we get into 21st century fox, mention a little bit about the second quarter for disney. and far exceeded last year exceeded quite nicely analyst expectations. tuna: i think the main take away from those earnings which were far better than expected, the company continues to fire on all cylinders in terms of franchise creation in the pipeline. theme parks have never been stronger. all of these key metrics we track came in higher than expectations. "blackdio of course, panther" was the main headline but when you look at the content pipeline, the studio has set the bar or what to expect from a premier hollywood studio. the main weak spot, espn came up , no spread is. there is a lot of positive takeaways. david: the weak spot is not just espn but media networks overall. they are losing subscribers. that takes us to the 21st century fox deal.

demanding an apology from bob iger, the ceo of disney. restingly, bob, a year ago, maybe bob iger would run for president in 2020. i asked him that. he said he has the best job in the world running disney. to make it about himself, i guess we shouldn't be surprised, tal. >> i don't know why anyone whoever followed the president's tweets would be surprised by that. there was a lot of appetite for the president to weigh in on this. roseanne's an outspoken supporter of his and the reboot would give voice to people who may be his supporters. it did call into question a little bit the president. he did not have to weigh in. he chose to. he chose to instead of condemning the remarks and any other offensive comments made in the tirade by roseanne, inn tre -- instead of addressing those, he made it about him. setting it up for sarah who talked about it in the briefing to come out with the grievances she read. ready to go once again complaining about media coverage of president trump and that type of thing. >> the airing of grievances. this was a t

ceo bob iger has some records in this current quarter to celebrate.ust today vendors topped $900 million worldwide after just nine days of release putting the film on track as the fastest to ever hit $1 billion in worldwide ticket sales. a lot of positive elements going into the back half of the year, including a still very strong film slate. bob iger is likely to mention the upcoming launch of solo" in september. the options market is implying a move of 3.5% in either direction post earnings which are tuesday afternoon. >> dan, you have a trade on disney. where do you stand >> i to. that setup was interesting. they're talking a lot about the studios but it makes up 15% of the total sales. they're ip, their conat any time and how they're distribute it going forward. there's not a lot of stuff in the near term other than maybe updates. you got to think about the second half. i do have a new trade strategy -- >> new structure. after ten years, you have a new structure? >> maybe new to our viewers and we'll call this a diagonal call calendar. what i'm do

the phone call that ceo bob iger made to valorie jarrett and not to president trump. >> look, i give iger credit for making a quick decision and reaching out to jarrett. but when you see this case with jamel hill, espn did nothing when she tweeted this stuff about calling him a bigot and a white supremacist. nothing happened. later she was suspended for a tweet about the cowboys and since left the show. but the white house does score some points here by pointing to the media hypocrisy. i think it would have been a smarter strategy for the president saying he doesn't approve that language and then he could have scored points perhaps even more effectively. >> maria: very good analysis. thanks, howie. >> thanks. >> maria: valorie jarrett susguesting that roseanne's tweet came from the top down, as in president trump what do diamond and silk think of that? they're here in the studio. there they are in the green room about to come out. back in a moment right here. this is a story about mail and packages. and it's also a story about people and while we make more e-commerce deliveries to ho

also tweeting about roseanne getting the ax for the first time, firing back at disney ceo bob iger all the details straight ahead "power lunch" starts now >>> welcome back to punch. >> i'm melissa lee your money making a comeback from yesterday's big losses. the dow and s&p 500 up for the first time in four days. all three major afternoons on track for their best monthly gain since january take a check on small cap stocks this rallying. russel 2000 hitting a new intraday high. banks boci back. all up about 1% right now. oil rebounding from its recent big losses crude is up about 2% today that is fuelling the energy stocks higher. the etf that tracks them, the xle positive new field, baker hughes, conoco phillips all leading the charge. >>well, everybody i'm tyler mathisen let's tell you about other headlines right now. walmart unveiling a new perk for employees at its annual shareholder meeting. the retail giant subsidizing the cost of cole ebt in an effort to hold on to talent in today's tight labor market. >>> tesla now says it will recommend the model 3 afterall after tesla made som

the president saying bob iger called valerie jarrett. he never called president trump to apologize for the horrible statements made and said about me on abc. maybe i just didn't get the call. some of that was playing out in the briefing room earlier today, wolf, when the white house was asked about what the president had to say about all of this, and sarah sanders essentially went on a rant about the news media wondering where the apologies are for the president. here's what she had to say. >> the president's pointing to the hypocrisy in the media saying the most horrible things about this president, and nobody addresses it. where was bob iger's apology for the white house for calling the president and anyone associated with him a white supremacists. calling christianity a mental illness. where was the apology from kathy griffin going on a rant after a photo showed her holding president trump's decapitated. and where was it for espn after hiring keith olbermann after his attacks on the president and his family. this is a double standard

president trump weighed on twitter slamming disney bob iger for hypocrisy.b iger called valerie jarrett. he never called donald j. trump. maybe i just didn't get the call. white house press secretary sarah sanders echoed the president's sentiments yesterday. >> where was bob iger's apology for jamele hill calling him white supremacist. where was the apology for kathy griffin going on a profane rant against the president on the view after a photo showed her holding president trump's decapitated head? and where was the apology from bob iger for espn hiring keith after tweets attacking the president as a nazi and even expanding role after the attack against the president's family, this is a double standard that the president is speaking about. no one is defending comment, they're inappropriate but that's the point that he was making. maria: joining me to talk more about that former hillary clinton strategists and democratic strategists adrienne elrod. president and ceo coauthor let trump be trump, corey lewandowski. your take on roseanne? >> abc made the right

but tonight, the words she used in that tweet has left the ceo of our parent company, disney, bob iger, to say, there was only one thing to do -- the right thing. abc's matt gutman leading us off. >> reporter: it was the comeback that reflected the times. 27 million americans tuning into the premiere. but today, roseanne barr's own words sowed her show's fate. the comedian posting a since-deleted racist tweet about a former adviser to barack obama, valerie jarrett, writing if the "muslim brotherhood and planet of the apes had a baby equals vj." barr later tweeting, "forgive me, my joke was in bad taste." >> i'm not afraid of you. >> give it time. >> reporter: but less than 12 hours after that first tweet, abc pulling the plug on "roseanne." the head of abc entertainment, channing dungey saying, "roseanne's twitter statement is abhorrent, repugnant and inconsistent with our values," announcing that "we decided 20 cancel her show." disney ceo bob iger soon adding, "there was only one thing to do here, and that was the right thing." >> i don't think i've ever seen a show at this height be

president trump taking aim at bob iger and abc after the cancellation of roseann.st said this, bob iger called valerie jarrett to let her know that abc does not tolerate comments like those made by roseanne barr. he never called donald trump to apologize for the horrible statements made and said about me on abc. maybe i just did not get the call? let's look at disney shares. up .1%. let's get the first word news. >> secretary of state mike pompeo will discuss summit preparations the next two days with the top eight to north korea. the former spy chief will be in new york, the highest-ranking north korean official to visit the u.s. since 2000 a south korean newspaper says he may meet with president trump after the meeting with mike pompeo. and belgium, a federal magistrate called the three killings in a city terrorist murder. the magistrate says the attacker and was killed.ac they say he was serving a prison sentence on off the time of the attack. this story sounds like a movie plot, ukraine says it fake the murder of a russian journalist critical of the kremlin bec

. >> when we come back, disney and the deal what ceo bob iger told julia boorstin about the likelihoodfox acquisition. the shares down 2% today later an exclusive with the ceo of go daddy, a company that stock went public 3 years ago, at $20, near $70 more "squawk alleycongp. ayitus" mi u a brave man, mr. stevens. your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances. >>> welcome back to "squawk on the street." shares of disney lower despite an earnings beat bob iger sat down with julia boorstin after the company reported yesterday evening julia joins us now with the details. julia. >> morgan, with disney's theme parks and movie studio driving results above expectations, questions about comcast's interest in topping disney's bid for fox and disney's digital strategy were front and center ceo bob iger wouldn't speculate on comcast, just saying that he's confident the deal will go through while they'll benefit from fox's assets disney is not dependent on fox for

well, bob iger wouldn't comment on the bid we hear comcast is preparing for fox.saying that the deal that disney made for fox already received shareholder approval. he's confident it will receive regulatory approval. with comcast also topping the bid for sky, i asked what he and rupert murdoch are talking about and planning about making a counteroffer >> i talked to rupert on a regular basis about a number of things including about sky i don't have any -- there are no headlines there. >> you want to tell us what you and rupert have decided to do about countering comcast for sky? >> i don't want to even speculate that anything will be done >> as for disney's earnings, they beat on the tom top and bottom line at the studio and the theme parks. most surprising is the fact that media networks like espn performed better than analysts expected >> declines this quarter were less than declines we have seen in the last two quarters you're seeing continued growth in the digital distributors. and that's great for a number of reasons. because they carry all of our channels an

he tweeted, bob iger of abc called valerie jarrett to let her know that abc does not tolerate comments like those made by roseanne barr. so that happened, and then came the who is briefing. cnn's boris sanchez joins me now with more on how that unfolded. so boris, rather than take a stand on this, the president is basically saying that he never got an apology from abc, correct? >> that's about it, anderson. president trump, as you noted, not directly addressing the content of roseanne barr's tweets, those vile, racist remarks that at one point she blamed on having taken ambien. instead, he tried to reframe the narrative and make it about himself. some have suggested that offers a look into the president's mentality. he did, obviously, use it as an opportunity to take aim at what he perceives as an enemy in the media. further, the way that the president has sort of crafted his response is notable because, look, this is a president that has been accused of being, you know, apologetic towards some with racist inclinations. and further, his own rhetoric at times has been less than tolerant

after his first two tweets of the day criticizing abc news ceo bob iger and the mainstream media, the president tweeted quote not that it matters but i never fired james comey because of russia. the mainstream media loves to keep pushing that narrative but they know that is not true. but that conflicts directly with the president's own comments to nbc's lester hollywood holt last year and what his attorney said just last night. >> regardless of recommendation, i was going to fire comey, knowing there was no good time to do it. in fact, when i decided to just do it i said to myself i said, you know, this russia thing with trump and russia is a made-up story. >> he fired comey because comey would not among other things say that he wasn't a target of the investigation. >> it comes after a "new york times" report says former acting fbi director andrew mccabe described a conversation with deputy attorney general rod rosenstein in a confidential memo last may after comey's abrupt firing. in the document, the times reports, quote, mr. rosenstein added a new detail. he said the president had

that begs the question, when was bob iger supposed to call and apologize?ng that mexicans were rapists or maybe later in 2015 after the muslim ban or in 2016 when, mike, when -- when he pretended he didn't know who david duke was, didn't know the ku klux klan did anything wrong or in 2017 when he defended white supremacists or 2018 when he called hispanics breeders. when is bob iger supposed to apologize to donald trump for reporters reporting the horrific racist things this man said for four years now? >> bob iger has a terrifically brilliant, smart idea of public relations, how to react. you don't react. you don't reply to the president of the united states. this leads to another hot take. >> hey, alex. alex? >> yep, yep. >> we need a fire on the stage, mike's hot stake or barnacle's burning take. can you work on that? >> we have the people with kacie hunt. >> kids, this is his second hot take. not hot flash. >> that's not a hot flash. >> go. >> this is out of the hypocrisy file. the president of the united states, so consumed with colin kaepernick and th

is it really going to go after bob iger after this? >> it is possible.ous balance sheet. made a bigalready bets on contact with the nbc universal several years ago. that was a great acquisition for comcast and they feel like they can do it again. if you are bob iger, the 20th century fox assets are absolutely strategic. i need to go head-to-head not just with the netflix, with the facebook and the googled, ended order to do that, i need to get bigger. comfortably beat wall street andmates, the blockbuster "black panther", any big surprises in the earnings? >> the film studio was a big surprise. "black panther" was a global hits, $1.3 billion. underlying issues for her disney continues. > you have a deal in place and it seems you need to shareholder approval, regulatory approval, and other expressing interest in terms of comcast. are a shareholder in the company being bought, 20th century fox, you have to consider the value of the currency of the combined entity. the other thing you have to consider is what is the pastor regulatory approval? is this a dea

will they really go after bob iger on this? >> it is certainly possible.that has always been the strategic asset for them, and if you are comcast, you have already made a big bet on content with nbc universal, which was a great acquisition. i feel a comcast thinks they can do it again, but if you are bob iger, the 21st century fox assets are absolutely crucial. he needs to go head-to-head not just with comcast but others and i need to get bigger. >> earnings in the second quarter comfortably beat wall street estimates, as blockbusters "black panther" offset declines in television. any surprises in the earnings? >> the film studio was a big surprise. when you "black panther" was a global hit, but we didn't know quite how big. the underlying issues for disney continue. they are still seeing subscriber losses in the traditional tv business. place,have a thrilling you need regulatory, and some other people expressing interest in the form of comcast like the arrival. if you are shareholders of the company being bought a 21st century fox, you have to consider no

jim stewart of the "new york times. >>> let's bring in david faber who just got off the phone with bob igerding to what's being said here, of course, melissa, just did speak to mr. iger who clearly has a lot on his plate as you well know these days but in speaking to him about this decision, he said the following to me. there was no debate about this, said bob iger. you can't debate what is morally rit,n this case, of course, morally right being sang that this show was cancelled. as you might imagine, there was some conversation, of course, that goes on he said, but it really moved very quickly this morning. because there was nothing really he saw to do here other than cancel the show itself certainly speaking to ben sherwood and others involved with the show, there had been, you know -- there was some discussion about what to do, but he basically painted it as, more or less, the conclusion was drawn very quickly that this is the decision that had to be made, certainly sounded like in his mind there was no question about it whatsoever, that it would be made, and they took about two or three

is it really going to go after bob iger after this? >> it is possible.remendous balance sheet. they have the capability. let has always been a strategic asset for them, and if you are comcast, you have already made a big that on content with the nbc universal acquisition several years ago. that was a great acquisition for comcast, and they feel like they can do it again. if you are bob iger, the 20th century fox assets are absolutely strategic. i need to go head-to-head not just with the netflix, with the facebook and the googled, ended -- the googles end of the amazons, and in order to do that, i need to get bigger. >> seeing higher than expected rates, comfortably beat wall street estimates, the blockbuster and "black panther", any big surprises in the earnings? any big surprises in the earnings today? guest: the film studio was a big surprise. we knew "black panther" was a global hits, $1.3 billion. we did not know how big. the underlying issues continue, we are still seeing subscriber losses in the traditional tv business. >> you have a deal in place

error where race is on the table and we're trying to figure this out. >> if i can just add what bob iger he said there's only one thing to do here and that was the right thing. this is another example of corporate america trying to be on the right side of history but we should examine why is barr so susceptible to these crazy conspiracy theories, why are people so acceptable to george sor soros is a nazi? they get it from the fever swamps from the internet. this is not the only company doing that. >> solomon, you're sitting there in philadelphia, right? that's where the incident happened when those guys were -- got the police called on them for hanging out before their buddy got to the store and today's the day that starbucks closed its stores for racial bias training. with that also in the ethey et. what are you thinking? >> i think media-wise disney has evolved from a company that started out with amusement parks that did not welcome black people to a conglomerate that has a black woman in charge that says the racism that this company started with is no longer acceptable and i am makin

but what anyone wants to know about is can bob iger pull this rupert murdoch still want a disney-foxger? >> that's the question. in some ways that is a little unfair, disney has been executing magnificently on the business, but you have this huge deal sitting out there that was locatedcompensated --, due to regulatory questions, and now it is even more complicated because comcast might come back with another bid. this makes it difficult to have a strong view on shares here. so what happens next yeah go obviously, bob iger is talking as if the comcast bid never even happened. he is carrying on as if it is a done deal, but it is not, right? it is ado not think done deal. comcast could come back with a least, inbid that at theory, would be impossible for them to walk away from. now at the end of the time warner-at&t trial, we can see if this regulation will be a problem for disney and fox or for fox and comcast. once you pass that hurdle, if the deal goes through, that might give a green light to comcast to get more aggressive. we will see what they do. and then it comes down to what ou