. >> bob iger is now upstairs and i said what is top of mind for you? >> he said i am tired and having a good time in the sun. he actually basically set the scene of what is being discussed there. have a listen. >> i think it will be great. i think the world is changed and it is not about how much, it is about how good. click the vibe is very similar here this year to last year. really heavy covid restrictions in place. there was a lot they are discussing. there is big picture and the backdrop that they are all competing in a very highly competitive streaming space. >> overall, remember last time you were looking at the relationship, the fact that he was shouting to sheryl sandberg. there has been a lot of change at the top since you were last there. >> yes. does seem awkward moments are expected to happen. i talked about -- i talked about bob iger. their relationship is under stress. you have elon musk do to come here along with the twitter ceo and cfo, ned siegel. of course there was talk about the twitter deal and even if they aren't, when they are w

. >>> coming up, the battle between bobs and a "business insider" report claims that bob iger wasn't lan and calls s bob decision the worst business decision. >>> and coming up, we'll have dave calhoun in just a bit "squawk box" will be right back. dad! a dinosaur! it's just a movie. no dad, a real dinosaur! show doorbell camera. the new xfinity video doorbell works with your xfinity home system for real time alerts no matter what's at the door. get off the car... it's a lease! jurassic world dominion, available now on xfinity. rule your home security with xfinity home. >>> welcome back to "squawk box. tensions continue to drive a rift between the bobs at the company. insiders report iger was unhappy with the transition of power of chapek we are joined by our two guests. good morning to both of you. claire, i mean, the report was fascinating. it's fascinating, also, that it continues, this sort of bad blood. what's happening here? >> well, i think the story that i attempted to lay out is something that feels like it's common knowledge in hollywood but perhaps news to everybody else it

you have bob iger in town amid reports of a risk -- a rift in their relationship. have reed hastings -- they were the highlights of last year and that stock has crashed down to earth and then you have david of warner who is highflying at the moment after the merger of those two businesses despite an aggressive campaign of cost-cutting and there is optimism. what will happen in a higher rate environment. overall, we also talk about how this is still a birthplace for future deals to be done. ed ludlow. bloomberg news, sun valley, idaho. >> let's look at the latest headlines now. slower profit growth in the last two years. lukewarm consumer demand leaving margins. preliminary operating profits rose to $10.7 billion. sales increase 21% over $69 billion and that is slightly above estimates. we will get the divisional breakdown this month. they are looking at reviving the sales in indonesia has dependent bank. although that is based on tuesday's closing price. giving evaluation of about $2.6 billion. any revival would mark a third attempt to unload. british airways is ca

questions than answers but i'm curious about the audience, you have the likes of warren buffett, bob igeris there perhaps any chance the iciness around the details are actually broken given the audience he's speaking to? ed: yeah, but you have to remember the conference is completely behind closed doors, right? that these are the unwritten rules that attendees do not discuss what is discussed inside the room. i think what's interesting is that folks here have a lot of opinions what's going on. "the washington post" cited anonymous sources that said musk's team just don't believe twitter's data or the evidence twitter is giving is verifiable on the level of the platform and earlier you had twitter executives give a briefing that said yes, the number of bots on the platform is less than 5% and we don't believe twitter or a third party outsider can verify it because we use a mix of public and private data and the timing was suspect. the discussion i'm having around here is we are moving towards perhaps a lower price point, musk coming back in. because walking away seems very complicated for

streaming here, disney's ceo is here along with his content distribution chief and chapek's predecessor bob igerons this week there will be a conversation about teens mental health epidemic senators joe manchin and stim scott will be on the panel and the big speaker is cia director william burns. coming up in the next hour, we'll be talking to sofi's ceo, anthony noto, we have a great line-up this week. >> jewelia, i heard you were talking to anthony noto, i scratched my head, which doesn't look like the other. sofi doesn't look like it hits in the roster of sun valley guests >> reporter: sofi -- anthony noto has been coming since before he was sofi he came when he was still at twitter but there is a real mix of companies here, you know, the ceo of pfizer on one hand and the ceo of some startups, the ceo of a company that does 3-d printed rockets. they have startups here and especially with sofi now a bank, a lot of conversation the future of fintech and crypto, so there will be a lot to talk about with him. >> look forward to that, thank you, julia boorstin. >>> still to come, congressman jake