we are focused on disney. the whole ecosystem, it puts out movies, sells products for those movies, theme parks, you can stay in a hotel based on those movies. before the pandemic, the parks business was the biggest source of revenue. that dropped off last year but it seems to be coming back. caroline: breaking news, they are seeing strong bookings. the cruise ships in particular. they say overall, the experience seems to be coming back with people going back to the parks. they have a great statistic, bloomberg reporting, walt disney world resort, shanghai over the entire quarter, hong kong 72 days, disneyland 65 days, currently 19 days in the third quarter. taylor: the parks experience, $3.43 billion, out -- and in operating income of performing estimates. john, when you take a look at those numbers, are you impressed or thinking this is a road to recovery? >> i am impressed. i think there was some concern based on the latest delta variant situation. within the industry, we received some encouraging signs fro

growth and disney plus.hey changed the narrative with their earnings and the outperformance from doordash, there seems to be is a lansing food delivery. the outlook for the rest of the year will be key. i'm interested in those earnings. emily: we will cover those in greater detail. disney's online tv business surprising investors with disney plus streaming reaching 116 million subscribers in the quarter. 3 million more than expected. let's dive into those numbers with scott. strong numbers and disney, still fighting the pandemic at the parks but let's start with streaming. what stands out? >> most obviously, two things. the upside in the disney plus subscriber numbers, they have doubled subscribers over the past year. significant, continuing performance since the last quarter, exceeding 100 million subscribers, going to 116 million. however, it is notable that if you look at this quarter versus the prior year period, we saw a decline and that makes it obvious disney is choosing subscriber growth over related

you certainly are going to put that multiple on disney. shares are up 5% >> and you laugh every time. >> tim, i will tell you, tim has said for a while. >> the faulk you have a parts number like that is encouraging. the knock on disney has been valuation. i think you can get up to 203? >> they're about 188 right now >> 203 makes sense i really thick the expectations are relatively muted, and we've seen a lot of companies beat and then trade off here. it's been trading sideways, but i would dive into that more and say this goes a story of either they are going to do well, hulu, or they'll see robust growths. if you look at netflix's last release, that, but seeing that all come together, i mean, you're seeing it manifest itself i think you have more upside in the stock. it's a company hitting on all cylinders to the up side. >> dan, what do you make of this i think the parks number was impressive i have a lot of friends who did go to disney during the quarter with their families. there's more tan just streaming here, for sure, to be liked. >

disney's profits soar as subscriptions to disney+ keep rising — and theme parks get back to business hat—trick for wall street — as the dow and s&p hit new record highs for the third day in a row out on parole. samsung boss jay y lee released after 200 days injail plus — kick off. after a gruelling season for football finances, the premier league restarts this weekend. has the business turned a corner? we start with the world's biggest entertainment company — because after a tough 18 months — walt disney is bouncing back from the pandemic. it made revenues of 17 billion dollars in the three months tojune — up 45 per cent on this time last year — and more than wall street was expecting. its streaming service disney+ now has 116 million subscribers. and visitors are returning to its theme parks as restrictions are eased. but will it last? the bbc�*s michelle fleury has more from new york. the world's largest entertainment company walt disney is riding high after it reported total revenues of $17 billion. the ceo bob chapek says he is pleased with the company's trajectory even as he ack

to disney plus.sing in post market-rate. and ceo bob chapek defended the company's strategy for box office releases on streaming and in theaters. >> a lot of the leaders of our creative and distribution teams determined this was the right strategy because it would enable us to reach the broadest possible audience. tom: joining us for more is laura wright. what are the key takeaways from these disney earnings? laura: disney beat expectations with these earnings. the stock was rallying in post market-rate. disney plus now has 160 million subscribers, an increase of 12 million from the previous quarter. investors are saying that disney's pivoting towards that direct to consumer model. one activist investor from a hedge fund has been calling for disney to prevent more aggressively towards disney plus over the last 12 months. the streaming business is lossmaking, but disney reduced the extent of those losses significantly this quarter. the parks were profitable for the first time in the pandemic, a real m

it's very disney specific. you know, characterizing bookings at those parks strong, is probably a net positive, or at least a bit of comfort for anyone -- though trips to disney is probably the last thing you cancel, right, morgan? >> it's so expensive. >> people plan for years. >>> yeah, okay, great. it's been a pleasure to be with both of you. that will do it for "closing bell." "fast money" starts now. at pnc bank, we believe in the power of the watch out. the “make way, coming through”... great. the storm alert... dad. and the subtle but effective ding. that's why we created low cash mode. the financial watch out that gives you the options and time needed to help you avoid overdraft fees. it's one way we're making a difference. because we believe how you handle overdrafts should be in your control, not just your banks. low cash mode on virtual wallet from pnc bank. (judith) in this market, you'll find fisher investments is low cash mode on different than other money managers. (other money manager) different

disney -- guy: disney, cricket, not something you hear often. what is happening is significant.ty to see what effect that has. it is the game in india. there are other games. ed ludlow, thank you for introducing this conversation. previewing the disney numbers as they come up. what else are we watching? friday tomorrow. the most significant thing everybody needs to know. airbnb, doordash, rate decisions from mexico and peru. price data out of the u.s. tomorrow. janet yellen's favorite economic indicator, university of michigan sentiment index will be out it will be breaking that for you as well. up next, "balance of power" with david westin. this is bloomberg. ♪ (announcer) looking for a better way to lose weight and feel good? how about the one with the 98% success rate and the more affordable weight loss solution? that's golo. there are no monthly fees and it's guaranteed to work or you don't pay. how can golo offer all of that? because it's not like any of those diets you've already tried. it's the new way to lose weight. no stimulants, no starving, just results. results you'

even he wants disney to do more. i mention his most recent investor letter, which he says the following i quoted it yesterday. i'll quote it again. but it's still relevant, because when you're trying to decide where a stock is currently trading and maybe more importantly where it goes from here whether it measures up to the multiple it's trading you need to consider the levers it can pull to justify where it is now and where it may go in the future we continue to believe says dan lobe, the best way to capitalize on this strength, to maximize future earnings potential globally, both reach and pricing power, kevin eeo o'leary is by providing an all you can eat dtc offering under the disney plus brand where all theatrical content is available day and date with no additional fee to subscribers. it's great what they've done, but the point is made clear by dan lobe who doesn't wait for things to happen tries to push for things to happen, they need to continue to do more. >> i like the fact that he is pushing there. but, yo

we got disney gaining more than 5%. disney screenings -- streaming service and 160 million subscribers. airbnb is low after hours by about 5%. there forecast is slumping in total bookings given the spread of the delta variant. doordash also under pressure after hours. they built a record number of orders but there revenue gains have slowed down but this whole week has been about inflation. look at this chart. it was about u.s. cpi monitoring. ppi gains are outpacing those games we saw in the cpi numbers. the final demand jumping seven point & year on year. we do have to consider the base effect because ppi did drop more during the pandemic. this reflation trade gets another boost. we are seeing treasury yields hitting a one-month high. right now, it seems to be off of those fed hawkish comments. this is really adding angst to the market. >> that infrastructure bill and the spending associated with it is really the way on it as well. we heard from the likes of jeffrey saying that when he sees these back-to-back prints of

we are less than an hour away from two key name, disney and airbnb, both to report quarterly results after the bell, with the u.s. leisure sector under pressure investors are keeping a close eye as i said at the top of the show, right? guidance, forecasts from these travel bellweathers. let's bring in our floor show names here we've got rick munare s, senior analyst and sarge guilfoyle. guys let's tackle the dow component here first. rick, two months ago i might have said the disney theme parks and recreation which of course include cruises, be a real positive and it still might be, right? but isn't that rear view looking , rick? and right now, what will you be focusing on as you assess the delta variant risk here? >> yeah, i mean clearly people are still going to the theme parks. they are masking up and it's required now, when it wasn't earlier in the summer, and the cruises, they just got started basically this week, so everything got delayed not at the same pace, but you are see ing a case where the delta variant, it may slow things down but you can't just stop disney the way they

good morning, melissa. >> do the numbers on disney plus and streaming venture prove disney's valuationey certainly did well with the parks and you expect them to do a lot better because parks are open i was very impressed with the demand particularly in the u.s. given that is all off the domestic travel. no international travel yet. that's a pretty strong showing i have to say when it comes to the streaming side of things, i'm a bit more skeptical the headline number is a big one. 116. obviously the market is rallying around that because the stock trades on that metric. you have to dig into that a little bit it was admitted on the earnings call that the majority of those subs come from hot star and india which are low revenue subs i put them in a different bucket than the rest of the streaming world and what everybody else is going for. you ask the question how ydid they do in the u.s.? they were interesting numbers. they obfuscated on that. they said hulu grew by 1 million subs domestic only. espn plus grew by 1 million subs domestic only. renew from hbo max grew 2.8 million subs in t

disney out with blowout earnings sales booming. m parks are full again disney plus subscribers doubling again. that stock is up 5% at $188.40 >>> we begin with breaking news from the fda regarding the potential for a third dose of vaccines contessa brewer is here with that and the news on the fight against covid. contessa, good morning >> brian, good morning fda amended the pfizer biontech and moderna vaccines to allo immunocompromised people to get a third dose this is the day before the advisory committee of the fda is set to vote on the vaccine guidelines for those with weakened immune systems. the rise in infections means 90% of the communities meet the threshold for indoor mask wearings new orleans and san francisco requiring for restaurants and gyms and other venues. also, breaking late yesterday, the supreme court will not block indiana university's vaccine policy that requires all students get a shot to attend classes in the fall semester the first decision on the high court on the hot-button issue. it was directed to judge

disney is working that in reverse. >> last word on this >> i mean, i think when you welcome at disneyave powerful brands. they have the right content. when it comes to that shakeout that every consumer will go through, there's too many d to c things, too many subscriptions, disney, espn, hulu, these have the right content. that really matters. >> final thought on this, as we watch this shakeout happen and we're starting to see it, some of the players still kind of figuring things out, as we get through more quarters where consolidation is happening down to some of the big emerging players, what's going to happen with the rest of the field >> i think it's a fight for one, two and three place. basically, the top three will get the bulk of the u.s. market. fourth and fifth, will be a smaller niche player whoever is in fourth and fifth, they will have a hard time maintaining that they will need to bulk up. despite the pending warner media discovery deal coming down the pipe, that might not be big enough, that resulting company the streamers, it's going to be a fight for basically third pl

>> and disney has 76% of the subs the difference is disney anchored this market with a very low pricethe right strategy the r-code was a little over 4 bucks and netflix is over $11. even disney's stronger mark ltsz, nonhostile markets, i think you're going to see disney aggressively raising prices, as they can produce more content, once covid is behind us. more content is available. and they probably, as a bundled star in disney plus, in some of the international markets. probably do a similar bundling in the u.s. after the issue gets resolved with comcast. and i think you'll see a bundled product not that much different than netflix >> netflix providing that pricing umbrella, as they say. thank you very much for your time this morning. good to see you. >> thank you >>> meanwhile, the dow and s&p posting more highs busy week of data, including the big key inflation met rx the rise in price appears to be good so far. hi, steve. >> hey, carl still wearing the tie, huh join the revolution here, buddy. pressure could be joining on company bottom lines inflation showing consumer prices mod

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gets from disney plus now, all of this is at the center of the lawsuit filed against disney by scarlettiday. sources across hollywood tell me they are watching this moment as a turning point for streaming's rise that could potentially limit stars outside. one other key thing to watch is that "jungle cruise" is meant to be disney's last simultaneous release for a while now with marvel set to have exclusive theatrical windows so we're watching to see whether delta shuts theaters down and can push disney to reconsider that plan and release the films simultaneously if they're legally able to based on the contracts. the question is what kind of payments they have to make to those stars to deal with their frustrations speaking of disney, shifting gears, over to a deal with two former disney executives, tom stags and kevin mayer. they are going to run a new firm backed by private equity giant blackstone and that company is buying out a majority stake of reese witherspoon's "hello sunshine" valuing that company at about $900 million according to a source familiar now, witherspoon and "hello sun

first, of course, is disney.lowing past estimates on all fronts for the quarter as the parks experiences and products segment returns to profitability for the first time since the pandemic began disney plus another bright spot, 116 million subs that's more than 12 million additions for the quarter and when including espn and hulu, revenue up a whping 57%. disney clearly expecting further gains for the streaming service forecasting between 230 and 260 million disney plus subs by 2024 the biggest question remains continues to be the pandemic's impact on the parks, a key revenue driver for the company and it's one reason, guys, why goldman went to 218 this morning, morgan stanley at 210, the title of their report on space mountain, and they say while the covid variant is a near-term risk that strong u.s. consumer is expected to last to 2022 >> good old space mountain you think they might update that it is a big question going forward on the disney plus front which is still a huge part of this story as well there is

convertirse en princesa de disney.les de tu "ediciÓn digital". michelle: leza saluda michelle galvÁn, con casi medio siglo i hombre estuvo convencido de que sus padres lo habÍan dado en adopciÓn cuando era un bebÉ. lo llevÓ a buscar ayuda en las redes sociales es sin imaginar las sorpresa que se llevaba. tenemos la historia. justin quiles habla del dolor oscuro que viviÓ cuando le quemaron su auto con su amigo oscuro que viviÓ cuando le quemaron su auto con su amigo el alfa. todos los pancakes de denny's son hechos a pedido con buttermilk fresco. pero los destacados del mes son los patriotas. frescos. dulces. y llenos de libertad. ¡nuevos! red, white and blue pancakes. los destacados del mes. nos vemos en denny's. !atencion borja: y atenciÓn futboleros porque este fin de semana no se van a abrir, leÓn contra santos laguna seguido de atlÉtico san luis con cruz azul. las Águilas del amÉrica reciben a los xolos de tijuana. vamos a seguir, pasamos a una de esas historias que les prometo le va a hacer empezar el fin de sema

not everybody's gone. >> indeed. >>> meanwhile, two former disney execs, did leave disney.evin mayer and tom staggs pap new immediate gentlemen venture with reese witherspoon pap new partner and both joining us other side of this break don't go anywhere. sofi is a one-stop shop for your finances designed to work better together. save, spend, borrow, invest, and earn cash back rewards, all in one app. that's how you get your money right with sofi. do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. ♪ someone once told me, that i should get used to people st

disney racked up $125 million in online revenue from "black revenue -- black widow. actress scarlett johansson has already sued them. we will get to that in a moment. first, the market started the week in the green. optimism over vaccines. ed ludlow, take it away. ed: the s&p 500 index up by 0.9%. really, the gains were in technology stocks. the s&p 500 index up 1.5%. a nice sea of green, we like to see that on a monday. optimism around vaccines really driving a recovery for the u.s. economy. my bloomberg terminal, take a look at this chart. the s&p 500 index making gains as the fed continues to add to the balance sheet. the jackson hole symposium this week. the feeling as we look at some sort of mood music at least. the other big story, this landmark u.s. regulator full approval for the pfizer biontech vaccine. president biden speaking on monday, saying this may spur mandates for employers to get their employees vaccinated. american depository up nearly 10%. the other big story, the decision by california courts to throw out that ballot decision that people voted to

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cooking for posters, magazines, coloring books, and everything disney has to offer. we love disney.ent to disneyland. >> we just went to disneyland! >> yeah! dion: it sounds like they got all the swag. the stories continue summer tour heads to l.a. this weekend. disney is the parent company of abc 7. nice staff levity, sand especially with all the smoke. sandhya: yes, nice to see happiness outside. smoky conditions are going to continue, but i am seeing subtle signs that improvement is just around the corner. let's take a look at the live picture from our mount tam cam. in the mid to upper parts of the atmosphere, we are seeing smoke players. down below, we have the marine layer. mi francisco, 79 in san jose, down to about 60 in pacifica. from our kgo roof camera, the breeze is blowing, and that is why you are seeing blue skies. it is getting better where the wind is coming off the ocean. 80 in santa rosa, napa, 73. our warmest spots are still in the 90's, but it is cooler than where we were yesterday. we do have fog along the coastline, lingering from san francisco's south. if you

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is that strategy the right way tor disney to go >> i don't know. i'm not the ceo of disney. smart guy, also an activist and takes a different approach to investing and working with management than i do here's what think he is epitelling you dan's smart he may be right from my perspective here is what i think. management probably knows what's best bob chapik is smart. i trust him to do what's right. >> is he doing enough? come on now? is he doing enough are you satisfied. >> i'll give you a flat yes. a flat yes. >> are you satisfied as an investor. >> 100%. i bought it a year ago stock is up 50%. and we're continuing to hold it. because we think that there is significant upside to come but i don't know what going to happening on the earnings call i think the delta variant is throwing a wrench into things. i'm not as positive as jon hopefully he is right. if he is not, that doesn't affect my opinion. because when we bought it last summer our thesis was -- remains intact, they would easily get pe bit because of the delta variant spiking up more and that happens in 2023 instead

we have disney results coming up as well so stay with us for that. some beats on the disney plus.tom: happy friday and welcome back to the open. we are 30 minutes in to the european trading day. let's take a look at the markets. the stocks euros 600, that index is flat. it was a down day in asia. and continues to be a down day in asia. a number of concerns around the delta variant and china's regulatory push. the ftse 100 posting gains of 0.3%. it was another record day for wall street. europe may be looking to their u.s. friends and ignoring some of the sour sentiment in asia. the cac 40 is up in france almost 10 points. let's look at some of the sectors and how it is breaking down across europe. on top of the pile is retail. gaining about 0.4%. in terms of the vaccine rollout across europe, there has been a lot of success there. there has been a lot of concerns about the delta variant but the reopening trade remains good in europe. a solid earnings season. on the downside though, technology down about 0.5%. that is the sector under the most pressure here in europe. it is worth p

theaters but on disney plus and also saying disney is more interested in driving subscriber growth thann the box office and that fundamentally the interest of the studio or the media giant are not going to be aligned with talent going forward. what do you make of that argument do you think she's right >> i'm not going to judge scarlett's strategy, but i will say for us, we -- both are very important to us. streaming, hbo max has been a big priority of ours, we're so happy with the growth, 10 million year over year, we added 2.8 million subs in the second quarter in the u.s and have exceeded 2.5 million in the last three quarters. it is really on a great role but the theatrical business is very important for us as well. it really puts a lot of jet fuel into the sequence of windows and so we know that the talent wants to seat movies on the big screen so we want to come up with the right kind of balance as we were just talking about in the structure of our deals, so that the talent feels fairly compensated and we're very transparent about what our strategy is going forward. >> interesting

t is reached out to disney for comments on these russ. but so far there has been no answer. the whole bus was a result of the so called operation child protector. a 6 day thing that's our agencies across florida, join forces and implement under cover detectives pretending to be teenagers. to else would be child sex, offenders of the other suspects. one turn out to be a registered nurse and another married man who had traveled to florida for vacation . but no matter how to praise the suspects, the polk county sheriff, had a quip ready for all of his last name is justice. that's what we're going to get justice for justice. but jokes aside, while these 17 will probably get the justice they deserve. this wave of arrests is only the latest in a seemingly never ending war against a growing number of abusers who still wrong the internet. looking for children to pray on. when it seems as more trouble on planet disney produces of a cartoon series for toddlers called muppet, babies have been slammed for supposedly promoting transgender ideology. it's over episode in which one of the m

disney plus.ently based largely on the movie's box office performance at conventional movie theaters. disney responded in a statement describing the lawsuit as having, quote, no merit whatsoever. it also accused ms. johansson of showing callous disregard for the effects of the covid-19 crisis. and in a rather shocking move, it put a number to how much it apparently agreed to pay her for "black widow." her push seems to be inspiring other performers who feel slighted by the shift to streaming. according to "variety," several disney actors are considering legal actions of their own. our panel is back with us to discuss. ana marie cox, hayes brown, and pete dominick. pete, let me start with you. i'm not sure exactly how i feel about this. on one hand, covid obviously has changed the way we go to the movies. we take that as read. her lawsuit notes that the annual bonuses for disney's chairman and its ceo are tied to the performance of disney plus, the streaming service. so there's that economic aspect

tonight our next guest says disney plus remains the unquestioned leader. probably undervaluing the warner media discovery offering joining us on the bull and bear cases in streaming is julie alexander, senior analyst and a good twitter at loud mouth julia. good morning. >> thank you for having me. >> we've talked for a while about disney as the perfect hedge between a reopening play and a stay-at-home play. let me ask you to tart, do you think tonight's print, do we trade on it as theater and park dynamic or disney plus streaming home dynamic >> i think it has added benefit of being both. i think if they add less subscribers than the 113, 115 million that we kind of expect, the point to the legacy operations being great, people going back to parks. there is additional sports come back advertisement does well on the broadcast side and if any continue to post above what we expect, although i don't necessarily think that will happen they point to the streaming service doing exactly what they expected. >> where do you think the street is right now in terms of

when going to progress, disney and child product says 2 things. you might not expect to hear. one sentence with undercover investigation floaters reveal that disney world employees are among more than a dozen arrested on suspicion of seeking to engage in sexual activity with children . seems to me to poke, looks at the details. florida polk county sheriff's office has just released a list of 17 people who have recently been arrested for attempting to seduce under age girls and boys online. 3 of the suspects turned out to be employees at walt disney world. 2 of them were a couple of custodians looking to find an under aged girl for a role playing 3. some are fantasy is to play step dad. step daughter, step mom, teacher, student ah, maybe even shoplifter where we do a strip search. the other disney employee worked as a lifeguard at one of the resorts he left his girlfriend who was 7 months pregnant with his child. in order to go have sex with child. r t is reached out to disney for comments on these russ, but so far there has been no answer. the whole bus was a result of the so

and disney will, employees are among more than a dozen people arrested on suspicion of seeking sexual activity with children after the prob, in the us state of florida. ah no, no one most good time. very good morning for me. kevin. know in the thursday, august the 5th, i'm here for the next hour with the latest for you from our international and berlin. police are under fire, over allegations of brutality at last, sundays, unauthorized demonstration against the tightening of cobra restrictions. sterling videos emerged from that protest. the aster these images of the nestor, so throwing an elderly woman to the ground, went viral and confirmed that an investigation into suspected bodily harm had been opened. while the head of the chairman, please union, told us that the criticism and pressure exerted on the officers might be unfair. since one of our talked us, my, my colleague, the nicole and there's not a lot in addition, more than 60 police officers were injured. clearly did not stumble with sort of doing the way off and they violated public court. and such panels of police are the ce

while the us medias stay silent on the very issues, the heavily criticized donald trump for disney will, employees are among more than a dozen people arrested on suspicion of seeking sexual activity with children for a probe in the us state of florida. ah, international, this is the 5th of august to mid day in moscow. my name is kevin o, in here for the next half hour with the latest for you, as you heard them 1st off, fell in police or under fire, over allegations of brutality at last, sunday's unauthorized demonstration against to tell you the code restrictions, disturbing videos emerged from the protest, the these images to show an officer throwing only women to the ground on the went viral, fell in please confirm that the investigation into suspected bodily harm had been opened. while the head of the german police union told us that the criticism and pressure exerted on the offices might be unfair this month, i am sure that my colleagues up to that accordance with the law. in addition, more than 60 police officers were injured, they clearly did not stumble but suffered during the pr

disney has disney plus if we don't reopen let's say covid peaks at 11:47 on saturday night, okay? do you want to be short dis? i? the great es story ever told you're getting it at 175 with that great quarter, no one cares? no one cares -- what sna about, judge? >> steph doesn't care. she sold it a long time ago. she's out. >> steph, why do you hurt me >> i actually think this vie acome/comcast deal is quite interesting. it's a very competitive space. that's the area i would be playing. i have owned both comcast and viacom in the past i have owned disney. it all depends on the valuations yeah, it is sort of surprising that the stock is down 3% year to date. i wish it was down even more because i would certainly entertain getting back into it because exactly what you said. you have a reopen piece, which is theme parks that did quite well in the quarter, in the most recent quarter. and the stay at home with disney plus and then hot star and going into malaysia and thailand and latin america. you're going to see the numbers at disney plus and hot star accelerate meaningfully, even if

you can watch her compete on disney's magic bake-off, streaming on disney now.bc 7. larry: i'm trying to figure outr what i will be doing -- what i was doing when i was 14. >> winning streak going. you do not see a baseball hit this far very often. we have lift off. ♪ unlock a summer of possibilities in a new chevy. expand your options...and your perspective. ♪ find new summer adventures. find new roads. enjoy the open road and make no monthly payments for 90 days on select popular chevy suvs. plus, get interest free financing for 72 months when you finance with gm financial. find new roads at your local chevy dealer. boost and cricket charge you more for unlimited 5g. metro doesn't. introducing the big 5g upgrade. just twenty-five bucks a month gets you unlimited 5g and a free 5g smartphone. that's half the price... ...for one line of unlimited 5g smartphone data ...plus a free samsung galaxy 5g when you switch and trade-in. all with the power of the t-mobile 5g network. rule your day with 5g. only at metro by t-mobile. >> sports on abc 7 is sponsored by your l

questions are swirling about disney plus' streaming revenue. yes, subscribers did double year to over year to about 116 million, that did beat estimates, but a large number of them came through india from disney's joint relationship, its joint partnership with star, right? it's called hot star. those subs out of india paid way less. "the claman countdown" picked up the phone, and we called our friends in india, because we have friends all over the world, yes, and we asked them, what do you pay for disney plus on hot star, and there were a couple of tears, but this is what they told us. at the lowest tier, 266 rupees or just $1.66 per month, but in the u.s. subscribers pay $8 a month. so if you bring in a bunch of hot star customers, that revenue quality is not nearly as good. all right, streamers netflix and peacock parent comcast, i believe, are seeing a slight gain here. the rest of the names either flat to slightly lower. here's something, when beyond meat if catches a cold, tattooed chef actually gets the flu. okay, we do have beyond meat m

media research at morgan stanley he has an outperform at disney ben, it's good to see you.'s start with why this stock has gone nowhere this year this has been a very strong market >> let's good to see you, thanks for having me. look, it's been a tough year for streaming stocks i think the massive move that disney had last year, while it certainly had to do with the vaccines and the recovery and the consumer, it was primarily around the expectations around streaming, significantly better than expected. this year we've seen it for knelt netflix, for roku. streaming has been pretty modest across the board this summer as people are watching less tv [ inaudible ].term. >> how does it fit into the overall disney equation, and specifically how does it fit into the streaming strategy? >> espn, which if we go back a decade was sort of why people were bullish, and then it quickly became why people were bearish. it's sort of fallen off people's radar screens, and in our last report published about a month ago, we actually raised our espn-plus estimates. in fact they're pacing, in our

a fairytale report from disney. david: that looks to be more a minority, really because other industries travel -- the obvious part, of course, but even by do, for example. the delta variant really starting to show. yvonne: i think it is less towards inflation and more about road concerns where these ceos are flagging the risk in the longer-term. when we talk about the bond market, there's a lot of calls out there that potentially yields have hit bottom despite these growth concerns. david: i will join you in a bit. in the meantime, not a lot of conviction with the exception of south korea where, by the way, i would not say it is only a samsung story, but that being the biggest story. the worst week at samsung going back to 2020. bond yields have been heading up. we've been talking about the fed , for obvious reasons. mexico delivered a rate hike for the second straight time. we might see new zealand next week, and it takes us into the broader picture in a rising rate environment. for investors, i guess, looking to

disney plus, especially during the pandemic but that was completely overshadowed by the $4.5 billionenue that they withstood from the closing of the parks and the studios. but, look, contessa, that is coming back. they will get that park revenue back and in the meantime what disney plus opens up is a much more lucrative way for disney to bring new content to the market in a way that they keep more of the take >> yeah, the subscriber numbers are going to be key. bill, what are you watching? disney or some of the other names catcher your attention more >> i'm looking at coinbase and this thing lost about 50% from its ipo day high came down to $200. i think it flushed out really all the negativety at this point and ironic, if you will, that when bitcoin sold off is really when this ipo happened, too. so, the timing wasn't great, but, again, that negativety is flushed out and user growth will exceed verified users and a benchmark that they'll continue to feed on and trading activities where they get paid on, as well. even if bitcoin continues to sell-off, i think the activities will pick

disney is being accused of launching a sexist attack against the actress. the debate, coming up. the debate, coming up. someone once told me, that i should get used to people staring. so i did. it's okay, you can stare. when you're a two-time gold medalist, it comes with the territory. ♪ ♪ here we go. ♪ ♪ ♪ so i'd like to know where you got the notion ♪ ♪ to rock the boat don't rock the boat, baby ♪ ♪ rock the boat don't tip the boat over ♪ ♪ rock the boat ♪ ♪ don't rock the boat, baby ♪ ♪ rock the boat ♪ see disney's jungle cruise. it's time to rock the boat, america. (vo) when you are shopping for a new vehicle, how do you know which brand you can trust? with subaru, you get kelley blue book's most trusted brand winner, seven years in a row. in fact, subaru has won most trusted brand for more consecutive years than any other brand. no wonder kelley blue book also picked subaru as their best overall brand. once again. it's easy to love a brand you can trust. it's easy to love a subaru. i'm so glad you're ok, sgt. houston. this is sam with usaa. do you see the tow truck? yes, tha

just crack an egg. >> neil: could disney safe the day?s beating rev now and seeing strong growth at the theme park business. that could be a good sign. we're on it after this. >> neil: you know, angela became a symbol for frustrations with restaurants and that were hypocritical. now she's facing the same pressure again. the pineapple hill saloon out of los angeles. she says she's has to check patrons that have been vaccinated. sure she has plenty of time for that. kind enough to join us. angela, good to see you. >> hi, neil. >> neil: one more headache for you. >> yeah. well, you know, i take it very personally. it's a double whammy for me. i carry an epi pen. i cannot get the vaccine. so that is on a personal level, is definitely created a lot of anxiety. it's not just restaurants. bars, spas, theaters and some grocery stores. number 1, we have an employee shortage. i can't find enough staff to keep the service going here. now you say i have to be vaccinated. i've had certain employees that have had it. they shea their immune system is go

disney lands. new magic key program looks a lot like the old annual passport program. it is replacing with one big difference. you now have to make reservations for the days you want to visit. but how did the prices compare after years of price increases with daily tickets and the previous annual pass program. you might be relieved to know that doesn't appear to be the case here like the old program, the new program comes the various levels of access to the park ranging in price from $399 to $1399 from the high and with no blockout dates. disneyland is offering the dream key pass for $1399 compared to the similar signature. plus pass port on the old program which sold for $1449. however, the dream keep asked does not include all the perks, the previous program did such as max pass and you've been waiting for this news to come out today. excellently adding up all of us hasler's have. and we just yeah. it's been months and finally, rob, we're very excited. this former annual passholder approves of some of the changes i think it's good because the reservation systems real

what seems as more trouble at disney producers of it's called tune series. the toddler school muppet babies have been slammed for supposed to be promoting transgender ideology. it's all over an episode in which one of the main card does use your to as male was address and becomes a princess. the princess you came to your ball to night, was me the time gone. the call teens executive producer, defend the store line, saying they had long wanted to put the character in scott he out that they're trying to inspire children to be themselves by developing a twist to the classic cinderella story. we got some reaction to an auto. i've had some nonsense const. i received berries about the so called transgender lobby in my time. but this one takes the best to get so now apparently it's a conspiracy with princess gonzales. something from the look at babies to try and all the children and to trends girls from boys. it's nonsense, it's rubbish at the phone. and i think the producer of the most baby said no one really does anyone who thinks that that hasn't been a concerted