theater chain says insurance failed to honor cinemark's policy.vie business has been devastated by the pandemic. larger --e stimulus what do you get? futures up. i am watching eve x more than anything. speak to what you were saying, it is a glass half-full morning. the russell 2000 outperforming. don's doing nothing into the dollar -- bonds doing nothing -- everyone throwing their hat in that ring. power,up on balance of former u.s. senator to montana. this is u.s. bloomberg -- this is bloomberg. ♪ lisa: this is "bloomberg surveillance." is off. lacqua we are heading into a new year, almost done with 2020, i promise. there is a new alliance with janet yellen placed to home the treasury department. working in tandem with jerome powell to reignite a beaten up u.s. economy. what does this mean for the dollar? valentina mironov is still with us. is the implication of a dollar of the fed chief and treasury secretary working closer together than before to reignite growth? be --hink that should dollar negative. [indiscernible] they will try to restore th

they could come to an arrangement where cinemark could run venues where amc is in default.hat "new york post" story was denied. amc would sell a huge amount of class-a shares. with a filing with the sec it entered into equity distribution agreement goldman sachs and b riley to sell one million class-a shares. as of october 30th, amc had 86 million class-a shares outstanding this would dilute the stock. amc tapped the capital markets multiple times. they have been in trouble. both of those stories hurting amc in general. the 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 betw

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

and cinemark shares rising as it escalates a fight against its insurer, factory mutual insurance.heater chain suing the insurance firm for $400 million claiming that the company adopted a strategy to deny paying cinemark for pandemic-related losses that should have been covered by its policy. and an intergalactic price target adding some magic to disney into the close. wells fargo hiking to a street high of $201 a share. while getting even more bullish on the growth of disney's streaming services that it sees continuing well into 2021. >>> coming up, the company keeping college sports in the game on testing as new covid strains are emerging. that's next on "the claman countdown." your daily dashboard from fidelity -- a visual snapshot of your investments, key portfolio events, all in one place. because when it's decision time, you need decision tech. only from fidelity. you need decision tech. - at us money reserve we've choose the best precious metals for their retirement portfolios. and many are in profit positions today because of those choices. so don't wait until the next cri

ejected edition just the octagon mimic its negative or that because they move out of the bank in your cinemark they stayed there just. because the 2nd speech smooths a minute truce between god the bird that can see them operate it didn't change these chairs with the gems she may hear just because the them get a bigger top looking at the book bag of the subject making them a bit but mostly she living with among the women who would have almost no music would have more sense is now just negative yes will follow a condition where they can best be send the most recent origin so that in order to get them the fuck to pick tonight if we get along with the old scamp pummels the whole lot of way to dust up my a bit then see what it was i mean not the motorways 2 of them tunes on the phone they still the miami family found the high sickle though i lay out i love. them down for you next time i like you nor my merry way to make you see believe all schools like the law might be anybody who need it is that bunch of bums to come out of the top of that old yeah id card and the up the motorway you're in the mon

just the octagon or make it's negative or that because they move out of it into my bank and your cinemark they stick in there just. because the check is much smoother among its troops to the gallon but that can see the marketed in chains is cheers. me here just because the album go to. brooklyn get the hope i get is a big making maybe it will since you live in it with all my mobile music would have almost all music would have more sense is now just negative yes follow accomplishing when i could best be send the most recent origin so that in order to get them the fuck to think tonight if we get along with the old scamp pummels will rot away to dust up my abuse then cd but i'm. not dumb a lot of ways 2 of them tunes on the phone they still the miami family found the high sickle the wildly out ireland. then down the yanks my like you know my merrily making receive all schools but the law might be anybody to me it is that bunch of mums to come i never told you that old yet heidi come and pick up the motorway you're in the money you could be perceived you can put it is it that you some good du

cinemark down 22%, and eye max shares down 8% this news shatters that window between theatrical and home 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 don't have to pay more that's to drive subscriber growth as to why it will stay in theaters longer, that's complicated. i think there is n

movie theater stocks 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 un

. >>> buzz kill on the movie theaters, amc, cinemark, imax could this be the final nail in the coffin these theater chains steve grasso, what do you think? bad news, particularly when companies, especially amc, they need money >> yeah, i think -- it is obvious, right they all fell out of bed today, got hit very hard. you look at these, you mention imax, i think imax has the best opportunity here because when things get quasi back to normal, people don't want to be in a movie theater, they built up their homes, larger screen tvs, theater seating now. when you-like look at the imax product, that's a different experience i think out of those three that got hit today, imax probably stands the best chance in my mind to have some semblance of recovery when things get back to normal >> yeah, dan, this could change the way movies are made, even. budgets, like how we think about -- >> yeah. no doubt about it. i actually think steve is 100% correct with the imax. and you might see amc or the other ones fall in line with the studios. they may need to vertically integrate. i love going to the mov

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

big screen stocks are mixed at the moment with only cinemark moving higher. no zen for athleisure sector after lulu lemon warned of a slow down in fourth quarter online sales twisting its fill low yoga and exercise wear maker s into knots we do have lul u down 6.5%, under armour down 6.2% and gap is falling 3.5%. from fitness to fat, investors are binging on fat burger and johnny rocket's parent fat brand s. got to be the best ticker symbol of all, right? fat? the restaurant group declaring a special dividend after announcing plans to merge with controlling shareholder fog cutter capital. the deal, giving fat, more financial flexibility to fight its rivals in the fast food wars all right fat brand having a big day obviously, but restaurants around the u.s. feeling the heat from new covid closure orders that have broken in just the last couple of hours. the man who owns restaurants across the country, including ocean prime in beverly hills and he also owns those in the latest states to close their doors on indoor dining. new york and pennsylvania. how will cam