disney. i cut the cord last year and am using hula i have a bundle with espn plus and disney plus. i think there will be tremendous opportunities as that cord cutting increases. but i think the pick of netflix hasn't gone anywhere it has been rejected above 550 each of the times it has been there before september so i think before the pandemic we were pricing in the negative growth so we will see what that looks like in 2021 especially as all this competition rams up, peacock and warner and disney max. i think there is a lot coming. i am not so certain that netflix is the play. >> the investor day presentation continues. we will bring you any news as it breaks >>> coming up, another big story. air bnb going bonkers. should you book this in your portfolio. but wl weilhave reports on oracle and lulu lemon. i have an idea for a trade. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior deco

it will be offering to disney plus subscribers for an addit n additional $30 fee it seems bullish in response to last night's event laura martin saying that disney's pricing, bundling, branding and tidsing decision double the value of content decision which accelerates subscriber growth. morgan stanley saying if it achieves if its goals it would leave streaming as the single largest business of the company and complete a transformation and open up additional opportunities over time. now guys i have to point out that 75% of analysts have a buy or overweight rating on the stock and is trading around an all time high. >> that's quite a quote from laura martin i do wonder where you think it leaves theaters today because black widow suggest they're not going to go full warner. amc raises some dead financing today although they have warned they will run out of cash by the end of january >> i think we have to remember that disney was the largest contributor to the box office last year. we're talking over 40% of box office revenues went to disney films. what they decide to do with their movie

to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. if you could take a picture i know there's mandelbrot trick or treater showing now by do you know when you spoke to experts scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know $800.00 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year they're already at 86000000 and they expect it 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marv

executives revealed plans for dozens of movies and shows that will head straight to disney plus. >> i'm joe. i teach middle school brand. >> 15 new disney or pixar movies and live action or animated series. ten new marvel series. >> everything that i do, i did for the rebellion. >> reporter: 10 more "star wars" series, all coming to disney plus in the coming years. many are sequels, prequells and spin-offs. a fraction are still on track to debut in theaters. one of those is black panther 2, expected to be released in july 2022. marvel will not be recasting chadwick bozeman's lead character after the actor died this year from cancer. >> in all 100 new titles were announced today. 80% are going straight to disney plus. >> surely spectacular. the monthly price will rise a dollar in march to $8. disney is the parent company of abc 7. we are not quite ready to stream the weather tonight, but we are moving in that direction. >> yes. we will get to spencer christian for the latest. >> okay. there may be streams of rainfall coming our way, finally. now a live view checking out the city of san f

executives revealed plans for dozens of movies and shows that will head straight to disney plus. >> i'm. i teach middle school brand. >> 15 new disney or pixar movies and live action or animated series. ten new marvel series. >> everything that i do, i did for the rebellion. >> reporter: 10 more "star wars" series, all coming to disney plus in the coming years. many are sequels, prequells and spin-offs. a fraction are still on track to debut in theaters. one of those is black panther 2, expected to be released in july 2022. marvel will not be recasting chadwick bozeman's lead character after the actor died this year from cancer. >> in all 100 new titles were announced today. 80% are going straight to disney plus. >> surely spectacular. the monthly price will rise a dollar in march to $8. disney is the parent company of abc 7. we are not quite ready to stream the weather tonight, but we are moving in that direction. >> yes. we will get to spencer christian for the latest. >> okay. there may be streams of rainfall coming our way, finally. now a live view checking out the city of san franc

netflix, amazon, apple, disney plus, where the a nalyst stayed apple, disney plus, where the analystss competent than netflix but they have been open about the fa ct they have been open about the fact that going full quality not quantity but given the rate which disney plus as exhilarated to is to say they will not overtake netflix soon. they can be more than one. dame barbara windsor, one of britain's most beloved entertainment stars, has died aged 83. she was best known for her roles in eastenders and the carry on films. dame barbara was diagnosed with alzheimer's disease in 2014 and made the news public in 2018. her husband, scott mitchell, says she died on thursday night at a london care home. our correspondent, peter bowes, has more on her remarkable life. what a life and what a personality. she was a tiny in stature yet she had that bubbly personality, she had that incredibly infectious laugh which i think made it perfect for the many comedic roles she performed at some of the serious roles. a career started in the 19 for this. she was extra on british tv for several decades an

if you want to check out "soul" it's on disney plus.subscriptions are available. people are asking if this movie is included, yes. there is no additional charge. i can't wait to see it again. >> it looks wonderful. am i going to cry? >> yes. you will definitely cry. >> good. >> so one of the directors is the creative lead, peter doctor at pixar, he is the one who made "up" and "monsters inc."if they made you cry like they did me, he has the magic. "so "soul" will do it, too. >> here's your friday afternoon, friday evening, it's going to be raining outside. get yourself a nice hot beverage, maybe a little snack and sit down and watch "soul." how about that? planned your friday for you. it's christmas, after you go through your 2: 2:02, the soun reareached the t capricorn, so it's our shortest daylight of the year. we gain three seconds tomorrow. the east bay hills, the fog is trying to move down into san francisco. it's going to continue to do that up until 9:00. then it will start fading away. the fog in the east bay won't fade away unt

and disney plus announces a spin-off for "ironman" fans.is in new york with those stories and more. good morning, diane. >> good morning, anne-marie. three major indexes ended mixed yesterday as stimulus hopes waver and jobless claims hit an 11-week high. the dow dropped 69 points. the nasdaq gained 66. the s&p 500 fell four points. taking a closer look at those first time jobless claims, they rose to 853,000 last week. that's the highest number since september 19th. it was worse than expected, and reflects ongoing troubles in the job market. >>> chances for compromise over a new coronavirus relief package appeared to be growing slimmer. an emerging $900 billion aid package from a bipartisan group of lawmakers all but collapsed yesterday. the major sticking point, a shield against virus-related lawsuits for businesses, healthcare facilities and schools. a top gop issue. house speaker nancy pelosi said congress could work on a covid relief package through christmas. >>> disney is making a big bet on the marvel and "star wars" universe. the c

to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. if you could take a good jericho as mandelbrot take a good picture joined now by do you know when you stole my expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know $800.00 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year. they're already at 86000000 and they expect it 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marvel t.

to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. now if you could take a good jericho as mandelbrot take a good pure joined now by d.w. stone expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know 800 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year they're already at $86000000.00 and they expect 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marvel t.v. series 10 new star

to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. if you could take a picture i know it's mandelbrot take a good picture joined now by d.w. storm expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know 800 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year. they're already at 86000000 and they expect at 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marvel t.v. series 10 new st

but to sevita's point, next year, you're not losing disney plus but you're gaining back the parks, box office and movie theaters and full fledged espn activity that's the type of stock that i think is so emblematic of why it's been so hard to bet against the market this year now, if disney hadn't launched plus prior to the pandemic, which they just got in by a hair, if they helicopter done that, i don't know where this stock would be but that's an alternate universe we can't visit. the one they did ended up working out really well and now we're going to get back to normal and disney should rock. >> brenda, you own disney as well bank of america says the stocks align with their themes for the year ahead value over growth, small over large, cyclicals over defensive and esg, plus factors such as positioning, our analyst 20-21 earnings outlooks versus consensus and more brenda >> yeah, i would agree if you look at the s&p beyond the top line 5 millions, there are still almost 200 names down on the year. there's still a lot of opportunity. i would agree with everything josh said about

and they've been adding to disney plus.offer roughly ten marvel series and ten "star wars" series over the next few years. so that could add to your subscriber numbers, and it certainly helped to offset the losses that disney has had in other parts of the company hut so hard by the pandemic, the theme park business, and the new ceo's been talking about that today at the investor meeting. but there's a lot of optimism for the disney plus. and, you know, he's talked about that. you have ten marvel series, ten "star wars" series, and you have nearly 87 million sub subscribers which is quite a number. all right, that's the news "after the bell." thanks for watching, i'm connell mcshane in new york. see you back here at the same time tomorrow. ♪ ♪ lou: good evening, everybody. we have a blockbuster of a story and a show for you tonight. we will be joined in just a few moments by attorney sidney powell who this evening appears to have delivered on her promise, crakk e n thunder bolt that she promised two weeks ago. she calls what

making any money with disney plus. i guess i will play the bear here as it relates to disney. i am just blown away that that disney stock is trading above where it was at last year when they announced disney plus, and they had the parks working at full capacity. it really makes no sense to me at all. for me, disney has always been a quality content shop. maybe they roll out like three blockbuster movies a year and what has been working in streaming is quantity, right? the quality still has to be solid as well. so i think in order for them to really be successful here, they have to make that transition successfully. charles: you know, it's been really a super-exciting week particularly for ipos. we have also seen huge moves in stocks that are changing our world from cloud to stay-at-home and here's the thing. most are not listed on your three major exchanges which i think explains why the russell has come on so strong. so many new and exciting companies out there. i want you guys to help me out, and the audience. some o

, 100 new titles, original titles for disney plusr the fact that they're forecasting to have between 300 and 350 million streaming subscribers between disney plus by 2024, those numbers are massive. look at netflix now has just about 200 million subscribers and it launched its streaming service in 2007. so a massive scale here. and i want to point out. they show they'll take a nimble approach to how they distribute content. some films will be a traditional theatrical release they'll put them that theaters and nowhere else other films like the one they have coming out in march they'll put in theaters and also, sell to disney plus subscribers for an additional $30. i think analysts like that they're not foregoing the traditional mile entirely. >> yeah. they're up almost final% right now. stay right there we have a news alert out of washington we know that must mean something about, what is it? stimulus or government funding >> it's a little bit of both the senate has just passed that one-week government funding bill that will keep the

for theaters and added to the disney plus platform they've done that with several films and for them just getting the unique brand new subscribers is a victory for the overall channel because the belief is if you show up for the matrix on a lot of brothers h.b.o. max or you show up for distant film on a disney plus app then maybe you'll stay in consume all the content and so that subscriber and the long time in the long term sense of things is better than just a one off at the box office and so you know i know a lot of the theater owners across the world a frustrated they feel that they're losing money but the truth of the matter is everybody needs to err on the side of caution so the studios have this product and now they actually have a direct to consumer platform with the streaming apps that they can get the product to them and they're not losing money or do you think other studios are going to follow suit a bit like want to brothers unlike disney and they if they see that these companies are making money can sort of switch people from going to the cinema to watching at home is it

we get an update from disney on disney plus.y say they have 86 point 8 million subscribers, guys. they are going long, long star wars, ten star wars shows, 10 elrble -- marv shows. joe: sometimes i think these big media companies take some big franchisor intellectual property and try to milk them for all they are worth. romaine: do you think tends star wars, 10 marvels is enough? bloomberg technology is up next. have a great evening. this is bloomberg. ♪ >> this is "bloomberg technology ? --"bloomberg technology." wonder $44use at did a share, more than doubling its ipo price and pushing the company into the $100 billion market cap club. my chat with brian chesky and his reaction to the price

this comes as disney plus hits an epic 86.8 million subscribers. the company announced plans for another big screen indiana jones in 2022. harrison ford is a part of it. disney is the parent company of abc7. i had whiplash yesterday. there was so much announced. they'll do another "sister act" squeal. ♪ i will follow him >> whoo! >> i love "sister act." >> come on. >> and i'm here for the new indiana jones. >> pinocchio with tom hanks. >> look -- >> wow. >> we have a lot to watch. >> hocus-pocus 2. i have not even seen the first one. >> i tried to watch it. i turned it off. >> why? >> i don't know. it was too much. >> he was peeking in there, i was like what are they doing in that house? i turned it off. >> any way -- ♪ i will follow you >> let's watch "sister act." >> i'll watch anything with whoopi in it. so fun. let's look at our east bay hills camera. clouds will thicken today and the verga will make it cooler than yesterday. the rain will reach the ground in the light to moderate range starting tonight. there's two waves. one tonight and anothe

soul debuts tomorrow on disney plus. all right.atel, tracking the weather and santa's progress. sandhya, where in the world is he? >> i can't even keep up. i have been trying with norad. let my show you where i last saw santa. the tracker puts him in arizona. that is where he was last seen. he is very close and will have no problems delivering the gifts tonight as he comes in to the bay area. lower 40s to lower 50s and mostly cloudy skies. don't worry, the kids will get their gifts. clouds and fog. you are looking at breezy conditions. showers developing. spreading by 4:00 p.m. scattered showers for the evening hours. live now on doppler 7 we have the cloud cover. temperatures will not drop as much because of the insulation of the clouds. 40s, 50s, a live look. just a glorious view tonight. wet and breezy. a colder storm gets here on sunday night. on the storm impact scale it is a level one. christmas through early saturday, light to moderate rain. up to 30 miles per hour. some lingering showers early saturday morning. you will not

"folklore: the long pond studio sessions" is on disney plus right now. we'll see a clip from that, and more with taylor swift. makes a statement about who we are. with masterfully crafted details, and inspiring performance, the lexus es doesn't just play the part, it steals the show. the lexus es, crafted for those who own the spotlight; now available with all-wheel drive. experience amazing, at your lexus dealer. now available with all-wheel drive. a drink with friends can turn into a few. stop! it's easy to lose track. and getting a dui is easier than you think. plan ahead, call a cab. share a ride. if you choose to drink, choose a sober way to go. go safely, california. with the kids at home and less money coming in, there'd be no way we could afford health insurance. my kids think i'm a superhero. but even superheroes need help sometimes. we found help at covered california. and not just us. 9 out of 10 people who enrolled got financial help. covered california. this way to health insurance. enroll now at coveredca.com the we have to find just this n

t's raising it's prizes for disney plus by a dollar in the u.s. remarkable, vonnie, is he pace of growth for disney plus, it launched 13 months ago nd already has 87 million subscribers in just over a year, it has met its five-year goal in of subscriber growth. a large part of this has to do pandemic, people home on their couches streaming, they grow 50 subscribers million since march. the streaming business is doing well for disney. of the pandemic, a lot f other businesses aren't, theme parks closed and as a result streaming is really top line driver for the company. that direct to consumer business is now uses streaming about 30% of the company's revenue or at least it was in the third quarter. will come down in the fourth quarter, but it is a major top line driver, the fact that it's is what has investors so excited and analysts too. has topped even grand expectations, vonnie. many : the c.f.o. saying disney plus subscribers are actually people who don't have children. that was hilarious, the "star wars" and super hero ovies on there as well w

what it has said for the last year and a ha in that the future belongs with the streaming service, disney plusthey are using large and well-known bac catalog to expand into that. but disney haveineen great at is making acquisitions andg then exploite back catalog. so star wars, something that has 100% saturation with the audience. let's do a load of tv series that come out the back channel, same with pixar. let's do something based on the astronaut the doll was raced on as a new animated series. even things like there's an old tom hanks film called turneand hooch -- let's do a series based onhat. not stuff that was intended for cinema, but they are moving on and there have been readjustments to that because of covid and the live-action milan movie did that with -- when it was intend to go to cinemas but went to disney plus. but things like like widow, the new film in the mvel cinema universe will be going to the cinema. patty jenkins, the woman behwod er woman directs a new star wars film that will going into cinemas in 2022 or 2023. so it'seaotusting in that kind of direction but what disney

. >>> and a profitable ipo support for airbnb and what happens if discovery can't pull off a disney plus. it's all ahead this hour, but let's start with the markets bob pisani has the very latest for us bob? >> so we keep expecting the stimulus to pass this was december 18th we're supposed to have a deal by then and we don't, and as you just heard there from kell, we hear complicated associated now with the fed in negotiations, so the bottom line is we move down in the middle of the morning as this realization came to pass. we're off of the lows but it's still tough. up for the week a little more than 1%. dow jones industrial average up, down here, the s&p and we were lower earlier in the morning in terms of the sectors, see, here's the covid winter story, the banks, the energy stocks there's real estate. these are all associated with the problems we're going to be having in the next few months dealing with the pandemic here semis have had a very good week. become has had a new high and retail a very good week. they just love buying any of these retail -- retail etfs that trade and prima

according to market research firm disney plus had downloads of its app worldwide this weekend. lots to watch. up next on "today in the bay," the new covid rules you'll need to follow if you fly or drive to los angeles. we'll tell you all about it. my nunormal: fewer asthma attacks. less oral steroids. taking my treatment at home. nucala is a once-monthly add-on injection for severe eosinophilic asthma. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection site reactions, back pain, and fatigue. ask your doctor about nucala at home. find your nunormal with nucala. >>> and a good morning to you. all right. well, look, is that fog there? hmm. i don't know. you can see it moving through the screen this is a live look this morning at walnut creek as we get started with your day. it is tuesday, terrific tuesday it is.

which it's warner's video on demand service, hbo max, launched in may against rivals netflix and disney plus. film fans welcomed the news. >> hbo's great company. i've always liked them. i thing it's a great idea for their profit margins, i guess. i don't have anything against it. >> a pretty good thing, considering we are living during the covid era right now and a lot of theaters are not open, so it's a good thing the streaming services are getting bigger and bigger. reporter: studio executives said the strategy would be in place for just one year, offering a glimmer of hope that lucrative ox office revenues will return. shares in already hard-hit cinema companies plunged. >> once it comes back, people will be looking for that kind of theater experience because, quite frankly, they've got enough of the home theater experience. reporter: for now, though warner bros. bet marks the beginning of a new chapter for hollywood. the question is will it change habits forever? phil: let's get more on this from scott from dw arts and culture. one presumes this is a reaction to the pandemic. how big a

and if you want to check out "soul," you can subscribe to disney plus anytime.th, and gift subscriptions are available. >>> here's chris alvarez now with a look at sports. >> coming up in sports, hockey is back. where the san jose sharks will be training to begin their season. plus no playoffs for the 49ers this year. and a c we have the power to harness california's abundant solar and wind energy, but it's not available all day long. use less energy from 4 to 9 pm for a cleaner california. >> announcer: sports on abc7 is sponsored by your local toyota dealers. >>> the 49ers entered the day on the brink of elimination. a loss and a cardinals win later in the afternoon would eliminate san francisco from the playoffs. it was turnovers once again just too much to overcome. the niners have lost five of their last six entering this game. two early niners turnovers lead to 14 dallas points. former niner and raider aldon smith recovers. 14-0 cowboys in a hurry. san francisco would respond. here's mullens to jordan reed. capped a 13-play, 75 yard drive. the niners down

growth forecast four years ahead of schedule disney also announcing it will raise the price of disney plus saying it will increase investment in content, which will drive expenses higher, forecasting hulu in fiscal 23. in the four-hour event hosted last night, the company announced a slew of original content for hulu, espn plus, and particularly for disney plus which it says will have 100 new titles every year, including 10 marvel series and 10 star wars series disney ceo saying this is all part of the company's reorganization to divide content creation and distribution and to enable the company to nimbly decide which content should be offered on which platform, and when and that flexibility includes releasing animated rya and the last dragon in theaters in march, and at the same time, offering it to disney plus subscribers for an additional $30 fee, similar to what they did with mulan the company saying they will do this simultaneous release. while taking a traditional theoretical approach for others, and the lot of films, including many intend for theaters will go straight to did i see n

disney plus blew away expectations, can they give netflix a run for its money?ave of celebrities are getting into spacs. my colleagues, ben levisohn, carlton english and jack howe. ben, a tale of two markets. everyone was so excited about doordash and airbnb x then the market slud a little bit. finish. >> that's right, jack. ipos got so much attention, it was almost as if the rest of the market didn't exist. i know i had to go check to see how we were doing on the week. airbnb, as you said, more than doubled on its first day, doordash gained 86%. there have been 19 ipos that have doubled on their first day this year, and that's the most since 2000, the dot.com bubble. despite all that, the market did finish down just a little bit, the dow was down 0.6%, the s&p was off 1%. and it's really bad data, jobless claims, but i think it was really more about political fear. jack: so stimulus, i know those negotiations are still going on. the market wants that money. >> they do want that money. they want it badly. and i think they still think it's going to come. the loss

disney plus when my daughter maybe or maybe didn't want to watch "mulan," we had to pay $29, $30 to watchnow kind of free on the platform if you pay the subscription where is it now going to take the movie theater industry, are they going to stop charging that premium fee? hbo max is not doing it for wonder woman 1984. disney about it with "mulan. what will be overall trend be in the coming months? >> i think that it will be streaming service dependent. i think right now hbo max, they need to get subscribers. they can't really say hey, you need to subscribe and you need to pay an extra $30 to see wonder woman right now they will just be happy if millions of people sign up for their streaming service but disney plus on the other hand has millions upon millions of subscribers and so they have a little bit more flexibility to test out this model and say hey, how much would people pay to see a movie that would have been a huge blockbuster on the big screen. and so they put some movies on like "mulan" for a premium price, but then they have offered another which is a pixar movie for no extra c

pixar's new movie is out on disney plus today. how this film is making history. cannot wait to watch it later today. it looks like, frances, it's going to be kind of like a rainy christmas so it might be a movie type of day for part of the day at least? >> today is a perfect day for a movie. definitely. especially this afternoon when the rain starts to slide through the rest of the bay area. stay in. watch movies. i'll check out "soul" especially after this show. here is doppler. so on our storm impact it's 1 out of 5. the storm is light today through early tomorrow. light to moderate rain. the more moderate rain will arrive in the afternoon but 20 to 30-mile-per-hour winds in the afternoon and showers lingering through tomorrow morning. but they will be spotty. here is a look at the forecast animation. 8:00, notice it's still mostly in the north bay even by lunch time. then by about 3:00, it starts to slide a little bit more south turning into spotty showers. highs today will be in the low 60s. now we have more high temperatures where you live. it's streaming on

you could see a company like disney take this approach they already have a big streaming service disney plus they've done this with a couple of their films brought them out online although disney is always charged extra for the films they release exclusively on un disney plus if this works for warner i think you could see some of the studios copy it the thing is though this is going to be a loss leader for warner brothers is a big big movies they cost a lot of money to make they can't really make that money back alone with their h.b.o. max streaming service so it'll be interesting to see if in the end it works out for them that they grow their service big enough that they can get enough revenue to make up for the losses if that works then i think this could be a paradigm shift and you could see other studios fall their lead ok scott ross wrote from date of the arts and culture thank you so much for that. well finish with a story for your cat lover firefighters in the turkish city of is may were called out to a new genre of rescue after receiving calls about a strange noise coming from below

you could see a company like disney take this approach they already have a big streaming service disney plus they've done this with a couple of their films brought them out online although disney is always charged extra for the films they release exclusively on un disney plus if this works for warner i think you could see some of the studios copy it the thing is though this is going to be a loss leader for want of this is a big big movies they've cost a lot of money to make they can't really make that money back alone with their h.b.o. max streaming service so it'll be interesting to see if in the end it works out for them that they grow their service big enough that they can get enough revenue to make up for the losses if that works then i think this could be a paradigm shift and you could see other studios follow their lead. from data and culture thank you so much for that. essential to date i'll have more fear of the top of the hour day w.'s coffin 19 special is next for the day. the fight against the corona virus pandemic. has the rate of infection been developing what does the latest re

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but disney plus i think is the one that a lot of folks are watching because they want to see if theyo increase without the production of disney movies, because you know, hollywood production is backlogged right now. what do you say? >> at $6.99, i'm shocked they don't have two billion subscribers. i just got my renewal and i didn't know that i signed up for this, but $69.99 for the year. i get two months free again my second year. it's too cheap. everybody is going to do it. there's plenty of library content. the originals are okay, you know, and they have enough catalog that they have older disney stuff that i think are absolutely fine. they are essentially going to be, you know, the disney component of starz movies a year later so you are going to get all of disney pixar, marvel "star wars" stuff after a year on disney plus after they are in the theater. i think it's going to do very very well. you're right, it's not a zero sum game for the streamers. it's a zero sum game for the consumer. everybody who cuts the cord, who cuts cable, and cuts out an $85 to $100 bill suddenly finds

to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's shootist new cash cow. now if you could take a picture i know as men go over trick or treater showing now why do you know when you stole my expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know $800.00 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year they're already at 86000000 and they expect it 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new ma

contact about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. you don't know if you could take a picture i know there's mandelbrot trick or treater joined now by do you know when you stole my expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming there should netflix be worried yeah i think so i mean netflix is still course the big you know $800.00 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year they're already at 86000000 and they expect 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marvel t.v. series 10 new star

a one is a various streaming on disney plus. >>9.52 and happening now we're tracking santa making hisfar he's given away now close to 3 billion gifts to good girls and boys behaving on this christmas eve morning. >>he just delivered to abu dhabi in the united arab emirates and he's on trial next don't worry. i'll make it to the bay area by tonight. well you're sleeping we'll be right back. >>sea and ground in our 2 kids and the best time of year again did you see this fast approaching and even the pandemic isn't going stop us from having fun checking out the fireworks and looking ahead to hopefully have a better 2021. that's right. he was spending a lot of time right here on our couch foam and we hope you stay safe at home and join us on new year's eve started at 1130. >>i'm 56 and. >>on this christmas eve. morning you know what it is today, john. >>it is. >>fauci day. there this the day officially named for doctor fauci and today happens to be his 80th birthday is that a's birthday christmas eve. and doctor fauci day in lafayette. councilman cameron berks bestowed this honor upon doc

i gotta by disney plus that's the catch. yeah.ie and then maybe killer after 36 right now and coming up with an and minus what service we'll see how many of the next hour. the new covid testing site you go to san francisco have the details >>10's of millions of americans are expected to travel airports in the road even though we're not supposed to tell you about. make your holidays happen...at ross! surprise! ahhh! yes! i love it! you don't have to spend a lot to give a lot to the ones who mean the most. you've got the holidays, and we've got you, with the best bargains ever... ...at ross. yes for less! with the best bargains ever... at ross! yep! get the gifts you love... yes! ...for everyone on your list. you've got the holidays, and we've got you with all the gifts for less... ...at ross. yes for less! >>the news station you're watching >>joining us on the day before the day before christmas okay. >>christmas eve in other words and we've got a pretty nice weather between now and then however on christmas day itself. you probabl

have some impact on that part of their business, and yet, the company has been doing pretty well disney plusas a really positive rollout it's kind of interesting to me you have this speck tltrum in t streaming space between disney and the hbo max offerings, they're sort of bracketing it in terms of pricing i can say in our own household there's a lot of demand for the disney plus offerings. once you start to see some of those other businesses come back, that's one of the things that continue to support the stock. this historically has been one of the best performing companies over the long-term, and i think that could continue if they could just get back on track we'd get the pandemic behind us, so i think we would trade disney here >> disney is a great company, it's a great business. it's a great brand, but they depend on the economy being open if you look at the business itself, parks and products, which are 23% of revenue, they're taking massive hits, and that's not going away, and then if you look at the energy in the stock right now, the enthusiasm, it's about disney plus the streaming

if you remember, mulan was on disney plus for about an additional $30.t. >> they heard that. this comes with your subscription if you're already a subscriber for disney plus. >> one ofst most anticipated action movies of the year is a wonder woman sequel, "wonder woman 1984." what can you tell us about that? also, can we get a poster? he likes wonder woman a lot according to his comments earlier this morning. >> you are know, this fill testimony, the first one, it made almost $900 million at the box office. of course, people very excited for this sequel. and this is really going to serve as the litmus test for where the industry is going. it was supposed to be released in theaters. it was delayed numerous times. now it's in theaters december 25th and also simultaneously on hbo max. so if theaters by you are open and feel safe to go, you can see it on the big screen. if not, you can see it from the comfort of your own home. also, it comes free with that hbo max subscription which is about $15 per month. but a lot of people in the industry are saying is th

owns hulu, what do you think is going on in general are investors placing too much emphasis on disney plusnd these streaming assets >> disney, investors have overlooked the two worst quarters in history. disney plus has the potential to be something much bigger they are looking at the long-term. what i think has gotten confused is fubu is not a company like disney plus or netflix it is 455,000 subscriber very small company sony had 800,000 subscribers and shut it down it was called sony view. there was one called direct tv now. it was hot a year ago and they have been shedding subscribers over the past year this is just not a good business the reason hulu is in the business is because of their subscription business. think of their on demand programming. youtube tv, that's "sports illustrated" telling you it's the best way to stream television youtube sees bigger advertising related to ecosystem >> we are out of time. just to button up. if fubo is on one end of the spectrum, what is the opportunity? >> if you are viewers looking to play the wave of people being locked up during covid, looki