again, disney going with the far left extremists, which, i can't imagine what walt disney would thinkday. >> well, you know, the reason that's happening is because, really, there's this saying, squeaky wheel gets the agrees and the small minority in the disney company pa part of the lgbt community are being the loudest and most vocal. so we need conservatives here, me, i'm a can't date being as loud as i can telling people we need to stand for our conservative values and i'll do the same in congress. but what disney has to realize on he-we've gotten e-mails with their stance on the bills but what people fail to realize i knew where they stood already. >> laura: but why would you want to work at a company where the company essentially thinks that you're a bigot? i mean, what they said essentially about ron desantis, and all the account a visits who support whatted disney did, was that ron desantis was a bigot. so, i mean, again, the message to traditional americans is you're not welcome here. that's the message disney is sending out. i'm going to say it very clearly tonight. everyone's

disney created cultural experiences. remember that was the whole en point that alljo americans could enjoy based on our shared love of country and all of our traditions. t n turning that on its head . they're not welcoming all americans instead they're taking sides now after its ceo initially and correctly had decided not to weigh in onwe rhonda santos'sig parental righs and education bill , the company decided to go all in . it should never have passed this said they said in a statement declaring that it wasg now disney company policy tohe get the law repealed by the legislature or struck down in the courts. sour now the official position f disney is that schools should be able to teach children from k through third grade about sexual orientation. why not just rename the roller coaster? you know, mountain? come on , kids, it'll bet. a blast now america's under the assumption that disney somehow still embraces the vision of its founder walt disney are sadly mistaken. >> i felt that there should be something build some am

the nfl owns the nfl, not disney.ou think about the ufc, the biggest piece of espn plus, that is owned by endeavor. you get that like wise disney in these businesses and what is the long-term strategy west or mark there's no doubt bob iger set in motion this tremendous ramp in disney plus subscribers, but is you look at -- as you look at the next five to 10 years, what does disney want to be? does it want to be netflix or stick to its core franchises and verticals, which is probably a smaller but successful and profitable business? emily: what do you make of the bob iger side of this story? the fact that he doesn't agree with this position bob chapek initially took, that they reportedly no longer talk. the speculation going so far, that bob iger could replace bob chapek. i believe he said that is ridiculous, but we are in a rapidly evolving situation here. >> this has been a relatively challenging couple of years, a lot of layoffs, a lot of change, closing down operations. shanghai disney world just closed down again

look, florida loves disney but disney has to understand this is a two-way relationship.ll street commenting weighing in on this, investor calls with the company. you know, they're positive about disney, ford, because disney theme park sales have doubled versus the prior year. this is the pandemic shutdowns going away and them opening up. you know the other thing too, ford, workers and you know, people who go to the theme park, they're concerned about what is going on with the pushback by disney, taking idealogical political stance to go against the florida parental rights law. listen to what customers of disney say. watch. >> when our annual passes expired in february we did not renew them because of our displeasure with the way disney has gone over all, not just on that particular issue but on all their wokeness. >> it is disney's constitutional right being in this wonderful country if they believe their thoughts, that that bill should be repealed, that's their belief and that's their right. my belief is, and i'm a parent myself, is that it is the parents jobs to teach

bob, the ceo at disney and said we want disney to come out against this law. mr.utral. this has nothing to do with disney. well, the wokers really got mad and they brought in out of state wokers and out-of-state wokers and really put pressure on him. and he flip flopped like a banked catfish. and gave in and said now i'm putting the full weight of disney behind trying to repeal this law. the final point i make is i do not understand how mr. chapic walks without a spine. >> jesse: he definitely caved fast because, would've, that wot happened within a few days. you made the point that the audience needs to hear again is that florida public schools teach sexual education beginning in fifth grade. they don't teach sex education in kindergarten or first grade. they don't teach anything trans, straight, anything, anything until fifth grade. that's all this is. >> that's all this is. and the wokers have tried to portray this as discrimination against trans gender people. look, gender dysphoria exists. it's very, very, very rare. gender dysphoria is an internal feeling fo

i would like to have the ceo of disney represent the values of disney.act that he is going on a listening tour is called placating people. i don't think his views are any different. he just has to placate people and that's my problem with all of this. emily: ivan, i'm going to let you have the last word. we have pushback on a few things. >> he's right about howard schultz. that was good to see at starbucks. this is a different situation. we do own disney on behalf of clients and accounts that we manage. our policy is analyst and portfolio managers cannot have portfolio positions but we do own it on behalf of clients and it is on our focused opportunity research list and portfolio. >> you said your firm didn't on the stock. >> we did. bob chapek, it will be a learning experience for him and the company and i think the bigger picture is the company has responsibility to a lot of stakeholders not only shareholders but employees, vendors, customers, the people who visit the park. they have a broad base of clients and customers who view their content, go to t

world or disney land or some other disney undertaking thinks of that.ssociate themselves with? it seems ridiculous to most people, i think. and i don't think this helps the disney corporation's bottom line at all. >> bret: juan, does snow white get to the prince? does mini and mickey are they gender neutral? what happens here? >> i think that disney continues to appeal to dreamers. it doesn't offend me. you know, that somebody calls me a dreamer as opposed to mr. williams. i mean, i just think, you know, you can pitch it anyway you want. i think disney and what it sells to the american people remains a vital part of our culture and i just don't think anybody is going to say i'm not going there because they are going to say welcome dreamers. that seems silly to me. >> bret: katie? >> disney is walking into a p.r. crisis here that they may not want. especially given that the fbi has done a number of stipulation at disney that have not revealed a number of employees there to be good stewards of children. parental rights, again, are winning elections in pla

disney is a parent company of abc 7 other divisions also owned by disney like hulu espn fx walt disneyld and disney plus also expressed support for our lgbtq plus colleagues and all of them. represent this comp centuries ago, native californians thrived on this land. now, we share a destiny with all californians. when voters granted our sovereign nations exclusive gaming rights, it advanced self-sufficiency and created thousands of good jobs. but now, out of state corporations are coming to california. their online sports betting initiative would break the promise between us. it's bad for tribes and all californians. join us. protect the promise. what are you recommending for muscle pain? based on clinical data, i recommend salonpas. agreed... my patients like these patches because they work for up to 12 hours, even on moderate pain. salonpas. it's good medicine reservation to get into yosemite national park and those reservations open tomorrow at 8am. the park is concerned about unprecedented traffic jams. so starting may 20th to september. 30th the park service will limit the number

disney used to understand that.ke your business elsewhere? >> well, for spring break this year we opted out of not buying the water park passes to disney and we ended up buying a four park pass with sea world because i refuse to give disney my money any longer based on their resistance against the parental rights bill hb 1557 and their reaction. not only did i do that, but last night my husband and i, we actually deleted the disney plus off our account. that was another direction that we went. in that, as parents, that's how we can stand up against this woke agenda that disney has against -- for our families. >> steve: yeah. ladies, i want to play for you a soundbite of somebody on the channel earlier. his name is jose kaseo. he works for disney running for congress in florida. and he said that disney is making a big mistake. watch this. >> the people of florida disney cast members voted for the state legislature who passed this bill and sent it to the governor and thank god our governor has the backbone to stand up

disney began this with their new ceo saying we will not be political.at, great, as ron desantis rightly pointed out, say what you have got to say about the of the uighurs in china which we will never hear because they make too much money the chinese box office market. so if you be political be consistent morally and in terms of apparent outrage. but of course, they don't want to do that. they want to be bullied into doing something they didn't instinctively want to do. now, they are being sucked in into this woke trap. and he apologized by the way and it never stops. as long as they apologized, they keep coming. >> jesse: it looks like this woke mob came from disney itself. a lot of loud employees probably in their 30s and 20s just screaming at executives, don't say gay and they reacted and overreacted. >> judge jeanine: two things it doesn't say don't say gay number one but winded california values be instilled in florida. good for ron desantis to say stay in your own lane. i'm the governor of the state and don't tell me what to do. i have to tell you,

but it is notable that, this morning, all of disney's different properties, including espn and disneyorld, tweeted their support for the lgbtq plus community. this comes after yesterday, at a virtual meeting, disney's ceo acknowledged his missteps and announced new plans to help address the frustration that you just mentioned about that florida bill he said he wants to use this moment as a catalyst for meaningfmeanin ful change in addition to working with those fighting the florida bill and causing donations in the state, he announced new steps. first, he'll go on a listening tour to hear employee concerns around the world second, he announced a company-wide task force focused on developing a strategy and concrete actions to engage the lgbtq employees and creators, to be a force for good with a focus on developing more lgbtq plus content. he also revealed that the company has signed the human rights campaign opposing the t texas policy that criminalizes parents providing gender-affirming care for transgender minors these moves address many of the demands of the group that organized th

one was the woman who has been begging disney to do this for a long time. it's easier than broadening the spectrum of their content. they are still disney and have a brand framework to work within >> that's 100% true. net netflix charging $15.50 per month, they have to invest in content, because it's three times as much as peacock or others with ad content disney can try to raise the amount of content and get near netflix prices or use ad-support and then disney can maintain its premium content, which is what it's going for with marvel and star wars. >> it's fascinating how that could change the impact. >> still to come, the impact ukraine is having. the dow is down more than 400 points if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. growing

should investors fear this disney dissension?ext >>> plus, get ready for some heavy metal. the group hitting its highest level in over a decade so time to crank this trade to 11 the traders break it down ahead. you're watching "fast money. live from the nasdaq market site in times square. we're back rig aerhihtft ts. r i. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could we adjust our plan... ...yeah, like if we buy a new house? mmmm... and our son just started working. oh! do you offer a complimentary retirement plan for him? as in free? just like schwab. schwab! look forward to planning with schwab. do you think any of us will look back in our lives, and regret the things we didn't buy? (camera shutters) or the places we didn't go. ♪ ♪ (vo) this is more than just a building. it's an ai-powered or tinvestment firm withgo. billion-dollar views. a cutting-edge data-security e

plus national geographic and disney parks.orkers participating today. courtney friel spoke with protesters in los angeles about what they want does need to do to show the disney stands in solidarity with the lgbtq plus community. >> i'm a dizzying play very clear. andy gardiner flexor is just one of many disney workers who walked off the job today in protest of florida's parental rights education bill, which bans instruction on orientation and gender identity from kindergarten through 3rd grade legislation which has been dubbed the don't say bill still needs to be signed by governor ron desantis, the folks who gathered at this peaceful rally in griffith park are upset. disney ceo bob chapek was slow to publicly criticize the bill, but then to come through and our emails and say that you do support us. is >> a bit of a kick in the personally. not a good book is needed temporarily suspend political contributions in florida. desantis did not like that move and called disney awoke corporation that is caving in to cancel culture. >

chart the tran transports, see where we go from here we interrupt "star wars", frozen, bambi for this disney commercial break, they will have a cheaper version with commercials is adds on streaming hotter and wheat getting whacked. cannot get a bump after an upgrade on the street. it's an ugly chart can anything light a fire under this joint. >> oh, man so many. >> i know. we start off with what might be a major warning signal, commodities rallying gains more than 13%, dollar hitting the highest level since may 2020 that is traditionally not a good thing for the market not surprisingly stocks pull back again today s&p back in correction territory down more than 10% from all-time high dow closing out its fourth straight week of losses, nasdaq shedding more than 1.5%. is there even more down side from here? pretty extraordinary moves for the week if you look at the commodity >> amazing. >> dixie was up 2% this week alone, tim, what do you make of this this traditionally doesn't happen sand traditionally bad for the market. >> right traditionally when the dollar is rallying not good for commodi

disney, disney world, disney movies are supposed to create an imaginary world of wonder for kids andthe protesters and issued an apology. of course now the protesters at disney are saying the apology is not enough. it will never be enough you give the woke mob an inch they demand a mile this is a bad road for dissing to go down. if they start going down this path of upset their customers you can see competitors popping up and giving disney run for its money. elizabeth: kristin tate thanks for coming on good to see you. this report the administration sent out an internal warning of a dangerous and mask migration event at the border. got border towns and states in an uproar will take on next on "the evening edit". >> invited ministrations essentially giving control to the gangs and the cartels of our southern border for the cartels are endangering the lives of everyone here in america. does it shoot off like a rocket? or float off into the clouds? daddy! or maybe it takes on a life all its own. perhaps you'll come up with your own theory of where the stress goes. behind the wheel of a

projects there for disney include the $5.5 billion spent developing shanghai disney and the expansion of the smaller park in hong kong and the launching of the meg tv channel, the disney channel in china, very important to them. somehow, disney's deep pain and concern disappears when money is on the line. or, does disney have an exception to the compassion meter when actual physical torture is involved. an activist shareholder named paul cheshire called out disknee at the annual meeting saying while the rest of the corporate world is running away from the stigma of slavery, disney is praising the local communists. disney executives say they will not produce any new films in russia due to vladimir putin's aggression in ukraine. since when do esg principles mean you get to support genocidal regimes in asia but most oppose clonal warmongering in europe. seems like cognitive dissonance to me. disney is so in bed with china it conducted a proposal to conduct an annual evaluation of how human rights are impacted by the business dealings within foreign countries. now, we all know what's goin

you tied in inflation and disney, well played. this is a very serious topic, like you said, the future of our kids is in doubt. let kids be kids. time enough to deal with this stuff, not at third grade. thank you very much. >> thank you so much. >> todd: another tone deaf comment from our friend congresswoman maxine watters. >> i want everybody to go home. >> we don't got no home, that is why we here. >> todd: she has special zingers, we have the story behind that tense exchange at one of her events. >> ashley: and legendary actor bruce willis stepping away from acting after being diagnosed with alph asia. dr. janette nesheiwat will have more on the disease that ended the actor's career. asia. dr. janette nesheiwat will have more on the disease that ended the actor's career. alphasia. dr. janette nesheiwat will have more on the disease that ended the actor's career. ♪♪ i'm using xfinity xfi's powerful, reliable connection to stream “conference calls” on every one of these devices. i'm “filing my taxes” early. “wedding planning.” w

i believe there was a daily wire poll said 60% of disney worldgoers believe disney should stay out ofhe same time they go out of their way to stay mum about the atrocities committed by the chinese communist party when it becomes to the uyghurs and shinzhen. they recently filled the movie "mulan" in the middle of shinzhen where it takes place. they understand that the chinese communist party will hold their feet to the fire if they speak out. time for florida, the rest of the nation to stand up against woke corporatism. unfortunately they have become pawns of the democratic party. if you don't vote with your pocketbooks against them, they will continue to shove this progressive nonsense down your throat. elizabeth: ford o'connell. come back soon. we have shocking video showing overwhelmed border patrol having no choice but to mass release hundreds of illegal immigrants into the u.s. footage from bill melugin from fox news. that is next on "the evening edit". nager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly d

you've covered disney for a long time, you are in florida, what's your read on this mess that disney that he wasn't necessarily used to the people side of the business and the public-facing, you know, dealing with personalities side of the business. you will recall that there was a huge problem with scarlett johansson and her compensation for the "black widow" movie that resulted in a lawsuit and many people said that bob iger would not have let that happen, either. i think there was a sense that maybe -- my own hunch is that perhaps bob was trying to chart a different course as a leader for disney. someone who wouldn't necessarily respond to these events in the way that bob iger might have or even michael eisner, but what he has wound up doing is committing these unforced errors that he has had to walk back things that he has done and it's cost people to question his leadership just at a time when he needs to take full control of the company and lead it into a new millennium. this is a tough problem for him. >> it sure s it's not -- it's only the most recent we have seen this employ

every story that disney has ever made, disney declined comment, sean, whether they would continue toles as princes and princesses from all these young kids stories but we are talking about the four most children's company in the world and they are losing their mind. should be embarrassed for not standing up against this ceo. all these kids in all these public schools are not proficient in reading, not proficient in math, not proficient in science, they are not proficient in computers. we are not doing the bases. but we will spend all our time with this woke material and disney is going along with this? it's not going to end well. thank you both. more "hannity" next. one of my favorite supplements is qunol turmeric. turmeric helps with healthy joints and inflammation support. unlike regular turmeric supplements qunol's superior absorption helps me get the full benefits of turmeric. the brand i trust is qunol. >>. >> sean: well, it apartments that the clinton campaign and the dnc got caught lying, paid a big fine to the sec by lying about the payments they made to perkins tooey. probab

inside disney. let's get to julia boorstin. that senior leadership across disney's creative studios have expressed their frustration to disney's ceo about the way he handled the don't say gay bill in florida. now, in a series of meetings since disney's annual meeting last wednesday, i'm told by sources many have expressed frustration the company did not take a firm stand against the bill and also told employees took issue with the fact chappic did not respond critically to homophobic comments made by a shareholder in a q&a period. in the past week, executives have been hosting town halls and meeting with their employees to hear their frustrations and concerns about this issue. today, an invitation went out for disney's regular reimagine tomorrow event it was anoannounced on march 2nd and scheduled on tuesday, the same day an employee walkout is scheduled about this issue this event is called lgbtq plus, get disney real. the invite says the event will address, quote, how does the don't say gay bill and other pending legislation

disney previously added share play to disney+ back in december. so, marcus, if you've got that friend and you want to do a little trash talking while you're watching baseball, which hopefully starts soon, now you can do it. >> you can do it. just call them on the phone. i know you can't be here, but, look, your team sucks. that's how we do it. >> exactly. >> 4:46 this morning. what would your reaction be if someone stole $4,000 from you or something of yours worth $4,000? coming up on "today in the bay," we have a story of forgiveness and the reason aot going to press charges here. >> and as you're plans to enjoy some time outside. let's check fremont. by late morning into the afternoon it's going to be beautiful and comfortable. we'll talk about how long this nice stretch of weather lasts coming up in the microclimate forecast. >> and a sig alert remains just north of san pedro road following a deadly early morning crash involving a pedestrian. three of four lanes remain closed. we'll have an update of what's going on and how to get around the sc

you have a walkout of disney employees. you've got disney saying they won't say boy or girl., princess. i mean, all of this is meant to be an innocent fantasy world. it is not about how you present or gender dysphoria. >> disney is one of the biggest entertainment entities in the world. what does it say to you that a corporation apparently is so in on what they want to do is they want to get the florida law thrown out. >> it is completely taken over. so many corporations and companies are by justice woke ideology. this ideology says, you know, this is the most important thing for the most important thing is we say dreamers of all ages instead of boys of girls. it makes it sounds like they are illegal migrants of some kind. dreamers of all ages instead of boys and girls. so many companies in america -- they really are not focused on what is meant to be their primary job which is entertainment in the case of disney. they're trying to dedicate this same boring social justice issues as everything else in america. and i just hope that customers and others just rebelled against thi

when disney swallowed a fox studios, which was where simplex and $71000000000.00. that bill wasn't blocked and a went through. and this deal of the m g m deal with amazon is a much smaller one, but we'll see this isn't quite finally a done deal yet. right. well, la, we'll have looked behind the big sofa cushions there at amazon and see what we can find. i guess it must be pretty big sofas. let's go rocks for thank you very much for your analysis on that. that was very insightful. thank you. argentina is still struggling under its massive debts and rising prices. one of the clearest symptoms is in the price of food. for some the situation is so bad considering leaving the country mathias ebert has this report. oh, pardon, tenens, are increasingly paying more for vegetables at the markets. and when the sayers prices are rising every day last year, the inflation rate was at a staggering 50 percent. no more than oh wait is hardly risen in years. but food is becoming more expensive every day. hub in simple of eta is also concerned. he works in a factory, but can barely

so i like disney here.like the it at 150 as well. >> it's at 133.65 right now, karen, could you see it being a value stock since you're the value investor here. >> valuing what it used to be, yes. i think it could a great reopening has already started and i think ceo has been doing a great job and i've been waiting for disney for a while, for the long-run is probably good to own. >> reopening well underway, but at the same time, would you rather a netflix, steve. >> oh, would you rather here i think people are looking for experiences, they want to get back out in the parks, it's $16 billion revenue generator in a no normalized environment 50i78 i mean, back long the stock, this is back where it was in july almost to the penny. >> up next, rivian options how to play the game. >>> and biden signing executive order on digital assets what's tcn lln for crypto bioibaer makes a special appearance to break it all down. much more "fast money" right after this at t. rowe price our strategic investing approach can he

but it really shows that they're serious about competing in the film space with disney with netflix. i agree with most analysts who think that they overpaid. 2 for m g m, that it wasn't worth a point 5000000000 by voting that sort of money on the table. amazon is saying we're, we want to make big movies. we want to be a real studio up till now. amazons will only really dabbled in the film industry they've made so small movies like manchester, by the sea of, with this kind of deal. buying a film studio, even the smallest film studio with m g m, they're really showing. they're willing to put their amazing financial power behind the film industry and try to compete toto with the likes of disney or, or netflix worldwide. now, this deal has been a while in the making. there's been all kinds of back and forth. will it get approval or not? is this deal finally 100 percent done and in the back? well not 100 percent of the f t. c. the regulatory bought in the u. s. that can block these type of mergers had 30 days to either oppose it or block it. they didn't. that was a surprise to many becaus

next trip to disney world should be interesting.will see how it shapes out. >> not for me. >> jesse: or not. thank you very much, dana loesch. >> thanks, jesse. >> jesse: "primetime" gets ready for a british invasion. >> taken down. >> you know what? he is tough. i think you are going to bring him down. >> piers: i think you are right. ♪ better hearing leads to a better life. and that better life... ...starts at miracle-ear. it all begins with the most innovative technology... ...like the new miracle-earmini™. available exclusively at miracle-ear. so small, no one will see it. but you'll notice the difference. and now, miracle-ear is offering a 30-day risk-free trial. you can experience better hearing with no obligation. call 1-800-miracle right now and experience a better life. when it comes to cybersecurity, the biggest threats don't always strike the biggest targets. so help safeguard your small business with comcast business securityedge™. it's advanced security that continuously scans for threats and helps protect every connect

disney is going to change, all right?ny, many, many lgbtqra characters and yet we don't have enough leads. and narrative in which characters just get to be characters. and not have to be about gay stories. >> i wonder how many parents see a sound bite like that and say you know what? disney about escapeism and bringing my kids to a place where dream comes true. it has become so political as hollywood and sports from. >> bill: joe concha watching the media. in a matter of minutes president joe biden will speak with ukrainian president zelenskyy today at 10:45 eastern. that's the word from the white house. seven minutes from now. word just coming down. we'll try to figure out what they talk about. a lot of questions about the trip overseas and a few clarifications, shall we say, on u.s. policy. maybe we get more. >> dana: zelenskyy asking for more. humanitarian aid for ukraine is cut off by russia. desperate need and urgent efforts to keep food and medicine flowing. >> we hope for help from foreign companies as far as food

you sold disney which, you know, is a really interesting move to make at this particular time, and i think it plays into your overall view of how you see the world right now. tell us more >> yeah. obviously, i got impatient with disney i bought it admittedly at 175, somewhere in that neighborhood and it's been a loss i've only been in it for eight months you know, they were consolidating and they were down 15% and they were down this year, as well and they had a quarter and revenue was up 24% and the triple and eps growth, but my concern around disney is going forward, i think there are margin headwinds here. there's some spending that they'll be doing on disney+ and guess what the subs were great in the last quarter and it is a fragmented industry and it's very difficult to grow there and i just think that there are other places in the market for me to take that capital and spend, so i decided to get out and unload it >> yeah. josh, what do you think of that move getting out of disney and even you get in at 175 and you get out at one -- let's just say today's price even though it ma

people start asking, what is disney's overall position? when chapek ultimately responded weeks later. their relationship is not great. i think chapek chafed at the control iger had as chairman for over two years. iger maybe feels like he was not listened to enough during that time. emily: we will continue to watch your reporting on this. coming up, could ethereum be taking over bitcoin? we have more on the recent crypto market trends and what it means for vc investing, next. this is bloomberg. ♪ emily: time for our crypto report and a look at what is happening in crypto markets. crypto assets getting a boost, but divergence seems to be forming between the two largest cryptocurrencies. shen ali bostick with what is happening. >> there is green on the screen today. bitcoin got a decent left, more than 3% in the last 24 hours. i want to point out something that everybody is watching, ethereum. not only is it rising, a little less than bitcoin's over the last 24 hours, we also see it rising almost double the amount of bitcoin rising over a sev

what i think about disney as maybe they do their homework.s with this legislation in florida, just like the voting legislation in georgia and texas, what's happening on the left arm is characterizing it, right? it's a kind way of saying they are lying. they are taking things that does not include them putting in things that should not be in there, but that is kind of the way they are going about this. i would always say that you look at the numbers -- and there is some morning consoles that say 51% of people who think this florida legislation is the right a bit ago, 34% say it's the wrong way to go. maybe disney should look at the numbers and see how it's guests feel about this legislation. >> indeed. china is not the happiest place on earth, cassie, this really blew my mind, the fact that ron desantis' spokesperson but out -- essentially disney is not just silent. they have actively endorsed the government's mistreatment of their ethnic and religious minorities because they literally film there and then edit out the camps in the background,

jason, disney i think thought they could use their muscle on disney and he went ahead and signed the bill anyway. it's kind of ballsy on his part, he's just doing the right thing. >> ron desantis it's a simple thing and you know what? to suggest that -- where are the teachers in all this? come on. you're a pervert if you think that teaching a second grader about gender identity is the right way the go. and i'd love to hear them make the uncoulder argument that they should be informing a second grader, here's spot, here's another spot, here's spot on spot. no, that's not the way i was taught. >> that's why i think the don't say gay thing was kind of their version of defund the police except defund the police was actually said but they were doing that to hang around the republicans neck because they didn't want to argue the bill because it's a hard bill to argue against. it's kind of reasonable tyrus. you have children. >> yeah. and the idea of a stranger that went to school for four years teach arithmetic or english to talk to my children about sexuality or any other morale dilemma, h

emily: this as disney shares has been struggling.me, electric carmaker rivian has hired a new coo from one of the world's biggest automotive suppliers. he will take the role on june 1, rivian announced monday. he led the car making unit before that at mercedes' parent company at daimler. rivian stock has been crushed in recent days after the forecast building just 25,000 ev's this year, about half of what the factory is capable of due to shortage of parts and production. the rivian coo resigned in the last year. coming up, the pandemic far from over, china facing its worst outbreak since early days as lockdowns are being put in place to stop the spread. how that will impact the supply chain, coming up. discovery shareholders approving a merger with warner media. the network prepares to launch its new streaming service. we will have my conversation with cnn executive vice president andrew morse from south by southwest later this hour. this is bloomberg. ♪ emily: welcome back to "bloomberg technology." i'm emily chang in san francisco.

disney is the parent company of abc news. >> see ya!d you get those? >> you gave them to me, daddy! >> ralph and i were actually at the studio pitching a whole other project entirely. >> similar to "the proud family." >> yes. then the executive brass in the room said, this is fantastic. but how do you feel about bringing back "the proud family"? >> when i first created penny -- >> reporter: bruce w. smith was the creator of the original hit series on the disney channel which follows penny proud, the 14-year-old protagonist as she navigates the ups and downs of life with her quirky family. >> hey, you biscuithead coach! >> reporter: and loyal group of friends. >> well, i'm grounded. >> me too. >> me three. >> ditto. >> reporter: the show shining a spotlight on black history and different lived experiences. a ground-breaking move by a tv series at that time. >> we're here to celebrate kwanzaa. >> i thought we did that yesterday. >> it's a unique show, it has sort of a unique style of speaking, you know, to the audience. >> you mean it's v

their amazing financial power behind the film industry and try to compete toto with the likes of disney or, or netflix worldwide. now, this deal has been a while in the making. there's been all kinds of back and forth. will it get approval or not? is this deal finally 100 percent done and in the back? well, not a 100 percent of the f t. c. the regulatory body in the u. s. that can block these type of mergers had 30 days to either oppose it or block it. they didn't. that was a surprise to many because the ac d c head, alina khan, is a vocal opponent, or as a vocal critic, i should say, of, of amazon. and at the moment the, at the season, a weird position because it's board which as 5 members is, is sort of deadlock. it's got 2 democrats and to republicans and one a seat that hasn't been filled yet. and they've been trying to fill it since october. so to block or oppose this deal, they would need to have a majority vote on that board that can't yet yet happen. so, so far it looks like the deals going ahead theoretically, when that seats build, there could be an objection filed and they co

. >> disney employees says the magic has died >>> mongodb. we have the ceo later this hour. dee?we'll start with the 24-1 stock split and $10 billion buyback from amazon, one of the few spots of green among tech this morning shares up nearly 5%. coming down a little bit from those afterhour peaks. it's an unusual note amazon under bezos paraded its on customer obsessed and invested nearly every dollar back into the company. profitability has come second. does this suggest a more shareholder focussed, more shareholder friendly ceo in andy jassy. stock split doesn't create any new vashlgs but how the company framed it was important. a spokesperson said that it would, quote, give employees more flexibility in how they manage their equity and make shares more accessible for people looking to invest in the company. so, jassy could be responding to the pressure from a sagging stock price by targeting retail investors. also what that stock underperformance has meant for hiring and retaining employees as for the buyback, $10 billion represents less than 1% of the company. and any ways, i

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pacific the company is hosting a virtual event to address that don't say gay bill and how disney hased its now this is part of disney's regular re-imagine event series tomorrow that addresses issues of inclusion and representation. now, this invite, which we obtained from a source at disney saying that the conversation will address how does the don't say gay bill and other pending legislation impact lgbtq plus kids and families and what will it take to rebuild trust with our employees and lgbtq plus the event was moved from tomorrow this comes as ceo bob chapek faced criticism and concern from senior leaders around its handling of the bill and a range of those company's leaders have hosted town halls and meetings to hear their employees frustration. there was also a group of disney imagine nears that asked the company to reverse plans to move their team to florida. now, amid that conflict, my colleague alex sherman reports on cnbc.com about the serious rift between chapek and his predecessor bob iger we'll learn from disney scheduled to start in just a couple hours guys >> julia, tha

now there is a something much darker going on at disney. may want to protect your children from. we've got leaked internal video from the company explaining how they are trying to sexualize you are under age children. is that a crime? seems like it. bruce willis made an announcement about the future of his career after a very sad diagnoses. we will explain what it is. ♪ ♪ sure! ...after homework. thankfully, voya provides comprehensive solutions, and shows me how to get the most out of my workplace benefits. what's the wi-fi password again? here... you... go. cool, thanks. no problem. voya helps me feel like i got it all under control. because i do. oh, she is good. voya. well planned. well invested. well protected. [upbeat music playing] ♪♪ welcome to home sweet weathertech home. a place where dirt stays outside. and floors are protected. where standing is comfortable. and water never leaves a mark. it's spotless under the sink. and kids can be kids. order your american made products at weathertech.com. >> tucker: the governor of florida s

the never say never comes after disney announces that it will have that ad-supported tier. different than other shareholder meetings back when they used to have it in person you'd have kids show up, grandparents and their families talking about different questions about the park and different movies and things. so i think it would put some attention on disney + and the idea that they'll be able to reach a broader audience and the lore the prices go for everyone else especially when they have the ads the more pressure there is on netflix to think about how to have a lower-priced option. >> we may be seeing to see it. julia, thank you after the break, hell has frozen over one analyst is upgrading netflix. we'll discuss that next. don't go away. >> time for a gut check. stitch fix going out of style. the stock plunging to a new all-time low as the company issues an outlook for the third quarter and cuts its full-iary forecast the main concerns struggling to ramp up its customer base and its best on the new direct to buy option freestyle is not attracting as many new customers

in his tenure, and, you know, disney is different.tions in the world because people look at what disney does, and they feel what they do. >> well, then chapek hired this guy, right how do you think it happened do you think the new communication were up -- do you think he advised chapek to move to the center. >> i think so. you have to ask them exactly how the conversation went, but it's very clear both chapek and his communication chief jeff morale, they have made contributions to the past two republicans and the chief of staff at disney also comes from conservative politics of the bush administration so the kind of brain trust around bob chapek is a more conservative brain trust than, you know, what the previous ceo bob iger, which is fine. the previous communications head for disney also had background in politics. it doesn't mean they can't successfully manage it means they need to be very cause nizant of reading the room and knowing when you are a create chb company with, you know, 200,000 employees you have to be cognizant of the

the woke mob came after disney.e'll have you that next on "the evening edit." >> kindergarteners and first-graders should be focused on 1, 2, 3s and abcs, not the birds and the bees. this scarf? i custod wow, first time? check out this backpack i made for marco. oh yeah? well, check out this tux. oh, nice. that'll go perfect with these. dude... those are so fire. [whines] only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ to help prevent bleeding gums, try saying hello gumwash with parodontax active gum health. it kills 99% of plaque bacteria and forms an antibacterial shield. try parodontax active gum health mouthwash. if you're a small business, there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose fiber solutions with speeds up to 10 gigs to the most small businesses. that's virtually everywhere we serve. the c

is the idea of that to boost disney plus?owadays, cinema releases are not going to be for everything and obviously, disney plus wanted on the plus wanted it on the streaming service. i think more and more, you're going to see some movies released in cinemas, but not all of them. and it doesn't mean that it's not worthy of cinema releases, just means it's going straight to streaming. let's talk about red rocket now. which is kind of a comedy drama, a washed up veteran male adult film performer, otherwise known as a former porn star, i guess. yes, nicely handled. this is directed by sean baker who did tangerine and the florida project. simon rex is mikey sabre who comes back from la where he has been working to texas city. he bangs on the door of his wife, somehow manages to fandango his way back into the house and sets himself up dealing marijuana and then sets about trying to persuade and then sets about trying to persuade a 17—year—old who he meets at the local doughnut hall to come and work with him in the adult film indust

some disney employees walked off the job to protest the florida don't say gay will disney's response.he teaching of lgbtq issues for some age groups and it passed earlier this month. disney opposes the bill, writing on its grant that imposes any much infringing on human rights. company was criticized for not speaking out sooner. today at 11:00 and reggie spoke about the bill and support for those walking out. >> cheers to my fellow lgbtq employees and cast numbers around the disney company. there's so many of them. the reason is some are choosing to walk off the job today. they are doing so because of legislation proposed not just in florida but in various states. it threatens our well-being, our existence and our ability to make a living. they are also upset with the way the company has responded to these legislative threats. they want to make it known that they still have -- the company still has work to do. proud of the people i work with and for all of the folks who are not necessarily on tv and not necessarily the people you meet every day that are the faces of the company, but t

here is disney's corporate president carrie burr.ch this. >> i'm the mother of two queer children, one transgendered child and one pansexual child. many, many, many lgbtqia characters in our story and yet we don't have enough leads, a narrative in which gay characters get to be characters. and not have to be about gay stories. >> tucker: i don't understand why an entertainment company with animated movies gets to control legislation in your state. >> especially, tucker, you've got to wonder why it is the hill to die on to have transgender is injected into kindergarten classrooms, or woke gender ideology injected into second grade classrooms. why is that the hill to die on. meanwhile if we've done a bill that prohibited talking about the abuse of uighurs in china, disney would've supported that legislation. they won't say a word about that. it's an odd manifestation about the corporate values that they actually do disney cruises, tucker, to the nature of dominicana, nation of dominicana, it's the kindergartners in florida where they r

disney shars hat a tough year but a lot to contend with. >> you would think disney was iger. >> you cannots was eisner. >> that's fine it could be both they were buying -- have you ever heard of a real estate called ar vida disney had no idea michael eisner came in, and this thing -- iger just rose on -- iger rode on eisner's coattails. he did i remember. >> what about the acquisition -- >> both of you thought that barry bbar barry bonds and ken griffey jr. were the finlt first in their fs to play. >> i'm not a baseball expert >> it might be you >> i'm closer to -- >> did you know he landed on the moon i watched it whoopi goldberg -- coming up, more of today's top corporate stories plus a deeper dive into the markets. you do get -- you know, it's bad enough your organs start going, but you know a few things. that's all i'm going to tell you. the dow's on its first five-week winning streak of 2020 tip stay tuned there's much more "squawk" straight ahead ♪♪ making friends again, billy? i like to keep my enemies close. guys, excuse me. i didn't quite get that. i'm hard of hearing. ♪♪ oh hey,