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they did not overpay for the assets like at&t did for directv or arguably time warner on in terms of fox is mostly -- it's mostly sports and news. and if you look at what comcast is doing with spinning out the most of the linear cable networks, it's retaining the sports within nbcu and within peacock. news, i realize cnbc is part of the spinco and msnbc but nbc has the news there. let's see what happens here. i think the spinco is a first step in starting to separate things. and then as i said earlier, i think we'll see some consolidation and some rationalization. >> right. do you think -- a lot of people think the ultimate plan here is for comcast and charter to merge to a trump administration might be more open to that, first cable merger you may want to call it. analysts think even in that scenario the competition in the internet space could be intense. look at t mobile how they're doing with some of their offerings and the likes of starlink down the line. do you think this is what it's about, spinning out things, focus on maybe doing a big national consolidation? >> it's possible

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we saw a deal announced last year before it was scrapped, directv --, basically creating the largestv operator. we might see much more consolidation in that space. of course there will be a lot of consolidation even in the content space in that could come in many different forms. we know comcast is kind of spinning out the cable tv business. that could kind of set in motion a lot of these other companies spinning out cable tv businesses and roll them up into one big linear tv enterprise, if you will. a lot of consolidation is about to happen with the new administration. scarlet: thank you so much and happy new year to you. coming up, we will move north to take a look at what is going on in canada. the prime minister there just announced that he will stand down as party leader, triggering a race to see who will lead the country from his party, next. that's coming up. this is bloomberg. ♪ scarlet: this is "bloomberg markets." justin trudeau saying he will be stepping down as party leader, insuring an election in the coming weeks. he made the announcement in auto up. >> i intend to resi

swing, the college football national championship is on monday, the australian open underway, and directv new sports package that includes pickleball channel. [ light laughter ] there's a lot to go so let's just jump in and cover it all at once. it's time for a "sports smash." ♪ [ cheers and applause ] >> jimmy: first up, the nfl ayoffs. eight teams fighting for the chance to play in the super bowl. if they win, they'll party so hard it'll feel like they're back in -- college. [ laughter ] ohio state and notre dame are facing off in the national championship. one team will rise up while the other will go -- down under. [ laughter ] yep, the australian open is happening right now. if novak djokovic wins, he could be the oldest player to win a grand slam singles title. speaking of old people playing sports -- pickleball. [ laughter ] directv has got a whole channel dedicated to it. it's fun until you see someone's grandma fall and crack her -- fullback. [ laughter ] tight end, quarterback. everyone will have to work together if they want their team to make the super bowl. it's a dream that

look at 'em, streaming directv without a satellite dish — just livin' it up!y found the game — he hardly struggled at all! you know, every day is a struggle for us pigeons... meanwhile, he's flipping through channels faster than a peregrine falcon! ugh. ya know, i dated a falcon once. who? janice? she was a common barn owl! not to me she wasn't... you know, i still play cards with her mom! >>> and so it begins. high-stakes hearin

added to this i d, d a says, you know, i wanna see the list on the media kit for only the iphone, directv. bless you 3 to 4 hours. the latter, you helped me so you can look at somebody who could. i set that up a meant to say, i let a blessed a the the training levels should connect him fairly much. so i'm very upset. it varies this to that, or tracy's wanting to see if there was the this or something really had a strong sense of patriotism. so that's how we'd be of these o'clock rarity with the people. because even though he wasn't very distinguished, he was also very young. he wanted to be a source, and frankly this was really we very big weakness for sure. but it was not the end of the case. my mother was just calling to see if there was an element of down to see so it has stopped him dead. any strikes cold is due by are made, especially if we need it once a month or 2 level need a full click on release. she needs funding you bunkie, a buddy big a lot for goodness. good at this is you love this or keep going is equal keep arrows this one by friend or death. seizure loveliness. issue pro

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look at 'em, streaming directv without a satellite dish — just livin' it up!ound the game — he hardly struggled at all! you know, every day is a struggle for us pigeons... meanwhile, he's flipping through channels faster than a peregrine falcon! ugh. ya know, i dated a falcon once. who? janice? she was a common barn owl! not to me she wasn't... you know, i still play cards with her mom! ♪ ♪ >> harold: it's time now. >> judge jeanine: it's time now for "one more thing." greg. >> greg: ha ha ha. >> judge jeanine: greg, go. [laughter] >> greg: tonight we got a great show kat timpf, andrew gruel. did great charity work. tom shillue. johnny joey jones. i never go glum omt dollars but david lynch passed away. is he my favorite film director of all time. my first real job was in san francisco for advertising company. i was doing p.r. for this movie called blue velvet. i had to populate these little film rooms with film critics and there was nothing like that movie when it came out and the feel that went and saw the movie were so shocked they were not ready. i think i

and how much are these media companies looking to the example of how at&t managed the decline of directvy selling a big steak to tpp as kind of the example what they want to do with their own legacy businesses? >> the question for a lot of traditional media companies is how you manage melting ice cubes? these are still businesses generating enormous amounts of cash flow, they are just not growing. in fact they are declining in most cases. we will see what the trajectory of cord cutting looks like over the next couple of years. my guess is it will slow down, decelerate over time, but one of the ways to get there is through cost-cutting and that can happen with scale. it's also putting different capital structures on them and ultimately these businesses are probably going to end up in the hands of private equity, but perhaps there is an intermediate step where they are publicly owned in some different form. >> always appreciate joining us today, co-chief investment officer of value. great to see you and happy new year. coming up on bloomberg markets, u.s. steel got a big lift before the ne

look at 'em, streaming directv without a satellite dish.at guy found the game — he hardly struggled at all! every day is a struggle for us pigeons... and he's flipping through channels faster than a falcon! ya know, i dated a falcon once. stuart: take a look at big tech. alphabet, amazon, nvidia up, apple down 9%, sales in china down 18%, $9 for apple, 220. donald trump signed an executive order declaring a national emergency, energy emergency. watch this. >> a declaration of national energy emergency. >> that is a big one. that allows you to do whatever you have to do to get out of that plan and we have an emergency. stuart: he's entertaining. ej anthony joined me now. dei out. the green new deal out. how does this unlock the us economy? >> all these things are necessary but not sufficient. we need to cut more government spending, provide additional tax relief. all the things he has done so far are necessary. we need to unlock american energy, reprioritize what the government does so we are not focused on people's immutable characteristics

what happened in the past 48 hours, directv and dish jumped in and said, wait a second, thou lawsuitquestions brought up about the bundling of cable services that we want to judge to investigate. both of those companies filed letters with the court saying, no, we are interested in pursuing this. that may have been the catalyst for disney and other companies to say, do you know what? it's not worth it. >> i hypothesize this is disney giving up on the linear streaming model to do pure streaming and fubo may be putting its linear stuff on one end. >> the whole world is heading in that direction. disney bundles its streaming services. it bundles espn, hulu, and disney+ so if bundling would be put in front of the court is potentially illegal, that would affect disney's streaming plans. >> what does this mean for watching tv? saturday night games on amazon prime or something. to watch nfl, you have got to have everything now. >> that was a flaw. they only had 60% or so of sports so you need venu, peacock, and amazon. put it all together, you were paying the price for cable anyways. that is

greg: coming up, president trump orders greasy to rake the forest and take look at 'em, streaming directvhout a satellite dish. did you see how fast that guy found the game — he hardly struggled at all! every day is a struggle for us pigeons... and he's flipping through channels faster than a falcon! ya know, i dated a falcon once. dexcom g7 sends your glucose numbers to your phone and watch, so you can always see where you're heading without fingersticks. dexcom g7 is the most accurate cgm, so you can manage your diabetes with confidence. ♪ ♪ ♪ >> dana: president trump not slowing down in his first week back at the white house to say the least, ripping through a new round of executive orders on ai and crypto, and this was intriguing, releasing the long-awaited jfk files. trump also sitting down with his first television interview with sean hannity. >> they are also oval problems. >> i agree. >> i agree. not easy. speak with time, effort, money, unfortunately, but they are all solvable problems, we can get our country back there if we didn't win this race, i really believe our country wou

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look at 'em, streaming directv without a satellite dish — just livin' it up!id you see how fast that guy found the game — he hardly struggled at all! you know, every day is a struggle for us pigeons... meanwhile, he's flipping through channels faster than a peregrine falcon! ugh. ya know, i dated a falcon once. who? janice? she was a common barn owl! not to me she wasn't... you know, i still play cards with her mom! >>> and so it begins. high-stakes hearings for president-elect trump's top cabinet nominees are today department of defense and tomorrow we will hear from department of state nominee senator marco rubio and attorney general nominee from justice department pam bondi. but today it was a crucial day for the iraq and afghanistan war veteran former fox and friends weekend cohost calling himself a change agent and stressing his top priority and the incoming president is the focus on more fighting and the war fighter, readiness and america first pair of heroes some of the exchanges watch. >> it's time to give someone with dust on his boots the helm. a cha

look at 'em, streaming directv without a satellite dish.at guy found the game — he hardly struggled at all! every day is a struggle for us pigeons... and he's flipping through channels faster than a falcon! ya know, i dated a falcon once. ♪ ♪ >> dana: longtime democratic strategist james carville is raging against what he calls npr language that members of his party use as he once again evaluates why kamala harris l lost. >> don't talk in that jargonistic language. if you remember when i said "the economy, stupid," i was talking to all the geniuses in the campaign and telling them who were all educated and smarter than i was, don't be too smart, here. let's be authentic and to the point. don't use that idiotic npr jargon when you're talking to voters. >> dana: but those lessons are lost on some folks in liberal hollywood. bill maher and actor jon cryer getting into a heated debate over how lokesque cost election. >> the trans people in my life feel at this point really frightened. not only was this the average cycle of this particular elect

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makes me think i'm about to attend the worst super bowl party of all time. [ laughter ] and finally, directvhed a sports-only streaming service that includes a channel called pickleball tv. and if you like watching pickleball on tv, it's time to admit you have a gambling problem. [ laughter ] we have a great show. give it up for the roots, everybody. [ cheers and applause ] ♪ ♪ [ cheers and applause ] >> jimmy: thank you very much. good job, bud. welcome to the show, everybody. hey, all this week we're highlighting different organizations that are doing amazing work in los angeles helping those affected by the wildfires. there's so many great ones out there, so if you can donate, donate to them. tonight we're highlighting project hope. they're on the ground right now mobilizing doctors and nurses, getting supplies to shelters and clinics, and providing mental health support for families and children. for more information, go to projecthope.org. it's a great charity doing great work, so donate if you can. thank you very much. [ applause ] what a show we have for you tonight. they are the awar

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everyone else is watching nonstop football on directv. tell me, whose house is this?> their house? >> i think they're renting. >> listen. >> listen. >> i know they get easy access to all this football, but you know what you got. >> what? >> coach? >> a crumb bum attitude. >> stream football. >> without a satellite dish. >> now drop. >> and give me 2020. >> what? >> now taxes is getting the turbotax app and filing your taxes yourself 100% free. if you didn't file with us last year. dj premier pay $0 when you file by 218. all tax forms, all 100% free. now this is taxes filed free in the app by 218. when you switch to turbotax, do it yourself. >> this tiny home trend. not for me. now this is more like it. the same goes for my footwork. so i went hands free with wide fit skec (vo) fargo is your virtual assistant from wells fargo. (woman) oh, come on! come on! (vo) fargo lets you do this: (woman) fargo, turn off my debit card! (woman) i found it! i found my card! (vo) and also, this: (woman) fargo, turn on my debit card. (vo) do you fargo? you can, with wells fargo. what e

are they really going to spend all day streaming college football on directv. can you blame them? they've got the biggest rivalries and bowl games. >> speaking of frank, run a slant to the bowl of chips. bobby buttonhook to the salsa. >> what are you going to do coach prime? >> don't question your coach, man. if you have heart failure or chronic kidney disease, farxiga can help you keep living life because there are places you'd like to be serious. side effects include increased ketones in blood or you're in and bacterial infection between the and genitals, both of which may be fatal. severe allergic reactions. dehydration, urinary tract or genital yeast infections, and low blood sugar. stop taking and tell your doctor right away if you have nausea, vomiting, stomach pain, tiredness, rash, swelling, trouble breathing or swallowing. tell your doctor about lightheadedness, weakness, fever, pain, tenderness, redness or swelling between the and genitals. ask your doctor about farxiga today for s. e. cupp. >> why do 80% of nfl players choose a sleep number bed? >> because the higher my

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. >> look at him streaming directv without a satellite dish. did you see how fast that guy found the game? he hardly struggled at all. every day is a struggle for us pigeons, and he's flipping through channels faster than a falcon. you know, i dated a falcon once i'm sick. >> of all. >> the division that's in this country. >> sick of political. >> brainwashing. >> sick of food prices. >> everybody needs to live. >> i'm sick of fake people. >> i'm sick. >> of clickbait. >> being glued to my phone. >> the name calling it just. >> further divides them. >> i'm sick. >> of willful ignorance. >> i'm so. >> sick. >> of war. >> you're seeing skechers famous glide step footwear everywhere. and now that famous design is available in hands free skechers slip ins get the comfort and style glide step now with the convenience of slip ins, with no bending down or touching your shoes, try glide step skechers slip in. >> you never want to lose your edge, and the. >> lexus rx completely understands that. >> cut more mud. >> action louis. >> louie cut. >> mud on

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that venu was trying to take advantage of and you have the litigation magnet, so to speak, because directvheir own litigation. venu is no longer. you see the reaction in some of the stocks. it's interesting. warner bros. is down. it has been down already. warner bros. is down .5%. i come back to the fact that rupert murdock lost in litigation with his children and the trust and what it means for the future of fox is interesting in terms of would he consider selling. >> the interesting thing is you told us a long time ago that fox turned out to be a carve-out winner. i think a lot of that is mismanagement. >> the company was unable to convince a new york state appeals court to dismiss mark maddox defamation claim. you are looking at potential damages again which likely would be quite large. >> i'll go back and say espn doing better and disney doing better and disney is a company that's reformed in part by hugh johnson. i know the stock seems it can't get out of the way at the 10 level. i think it represents great value. i know when universal opens its theme parks. >> you talk about this a l

anything is possible, but my guess is this will clear the way without fubo and, remember, directv wasdeal done with disney. i'm not sure there is a catalyst to keep this lawsuit going or another version of this lawsuit going. i certainly sit here today looking at the news and if this happens i think venue sports probably launches over the course of the next few months. i mean, they're ready to go, they have hundreds of executives sitting on the fox lot where the tech was based, they're ready to go as far as i know. so if this lawsuit gets cleared you might see this happen very quickly. >> so if that is the case, a venue does get launched, what does that mean? who are the losers in that potential setup? what's the competitive field look like? >> well, look, the unknown, becky is from the very beginning venue was always a let's get this started with fox, disney and warner brothers programming and let's try to bring in more programming over time. there was sort of an expectation that, you know, hey, david ellison is coming into paramount and will own cbs, maybe there's something to do th

at&t is now saying that it expects adjusted earnings, excluding directv, somewhere in the range of $1.97 to $2.07 a share, and consolidated service revenue growth in the low single digit range. you can check out the stock right now. it's indicated up by about 1.8%. i spoke with pascal desroches, who is the cfo at at&t. he talked a little bit about what they're seeing for the year. they reduced their net debt by about $9 billion to roughly $120 billion. so they're now at under 2.7 times leverage. and they say that they are on track to get to two and a half times leverage by the middle of the year. still talking about share buybacks, $10 billion of share buybacks. they see 20 billion over the next three years in share buybacks and about $20 billion in the next three years to in dividends. so a lot that they've been paying out over all of this time too. just in terms of what they're seeing in the overall atmosphere. pascal says we feel really good about the overall health. you did see verizon beating expectations last week, too. so both these companies performing well, and right now, at&t s

. >> are they really going to spend all day streaming college football on directv?n you blame them? they've got the biggest rivalries and bowl games. >> speaking of frank, ron is sent to the bowl of chips. >> bobby buttonhook to the salsa. >> what are you going to do, coach prime? >> don't question your coach, man. >> you'll find them in cities, towns and suburbs all across america. millions of americans who have medicare and medicaid but may be missing benefits. they could really use extra benefits. they may be eligible to receive at no extra cost. and if you have medicare and medicaid, you may be able to get extra benefits, too, through a humana medicare advantage. dual eligible special needs plan. call now to see if there's a plan in your area, and to see if you qualify with the humana medicare advantage. dual eligible special needs plan. you could have doctor, hospital and prescription drug coverage in one convenient plan. plus, most plans include the humana healthy options allowance. get $1,200 a year. that's $100 each month to help pay for eligible groceries,

i shall, i won't say the least fund the media kit. finally, the. 0 directv jesse pain, the difference between the 1st month does contain some pretty big, vicious shares. ecuador was, i focus, i think maybe it's moving east was so brazil down through towards the rear side. part of the trouble dry argentina will develop some shows in the north eastern side of the mountains and by your blank you will see a drop of about 10 degrees in temperatures. the wind changes for the nice profit is at least price.