- okay, go. - i'm not breaking into george lucas' house. i'm not breaking into george lucas' house.it, you piece of crap, before i grab your nutsack and twist it. - what are you doing? - oh, god! oh, jesus. - you're the boys from that stupid club. gimme that. - do with us what you will, mr. lucas, but please don't change raiders of the lost ark. - we're gonna make it better. the movie is gonna be changed, and that is that. - all right, you asked for it. i'm afraid you leave us no choice. it's time for plan "b." - aw, really? - oh, god, no, not plan "b." - you have a heart made of ice, mr. lucas, and so we're going to melt your icy heart with a cool island song. gentlemen? - what? - hit it, tweek. [steel drum music] ♪ in the tropical isles with the coconut trees ♪ - wait, wait, wait, wait. i thought we were gonna cool his hot heart with a cool island song. - no, he has an icy heart. - but you can't melt ice with a cool song, r-tard. - so we have to warm his icy heart with a hot island song? - it's a cool island song. - then we're gonna end up freezing his hellish heart with a cool is

coming back at me with a george lucas joke.o you think about the challenge forward for bob iger even after this battle? >> the nelson peltz wants a succession plan and he's upset about the streaming business performance, which continues to lose money but bob iger promise left hand deliver a profit in 2024. what's harder to tell is that in the 133-page manifesto that nelson put forward what is fixes any different from what bob iger is going to do whether or not peltz is on the board. that is the question. the strategy from disney has been to raise prices for consumers on streaming while cutting the budget on comment spend. and peltz takes issues with did's issue with the linear tv business and the issue with fox buying to achieve scale. so, bob iger might not necessarily do anything differently and as you pointed out at the beginning, investors do pay attention. succession probably being the biggest question that lingers if iger manages to ward off the activist threat. sonali: ed ludlow of bloomberg television, thank you for kee

it does look like disney, disney received support for investors like george lucas, jamie dimon and familye until the last second. they are riding on that and the stock held by average individuals. disney dropped the ball of content to extending iger's contract with no further succession plan. i was an analyst a decade ago. we expect iger in 2014 which is not happened. realistically, to of 12 board seats warrant the power to overhaul the company. they are primarily involved in leadership changes and major acquisitions, it's not day today. the biggest impact put disney on defense force things into cost-cutting plans and how stock reacted after a terrible run last year, it's up 35% year to date, it increased 40% since announcing support so disney is likely going to win but the scrutiny stays. stuart: show me tesla. talk hit its lowest point in four years after deliveries fell more than expected. ray wong joins me in technology stocks. total blame but this decline on red sea attacks and production issues, but ev demand in america slowed. will this decline continue with tesla? >> it's the dema

they launched a campaign listing the endorsement of popeye profile shareholders, george lucas, jamieant a few of those names. huge sums of money, disney per the $40 million on this. mouse expected to win likely and due to the major turnaround the stock has seen this year close to 35% year to date. it is worth 40% more than when he announced the activism push and activists say that this has been good for stock. >> i support bob iger, also glad nelson francis stirred the pot. that's been good for the stock because it exposed the faultlines. it has been positive. >> reporter: big improvements needed. the company needs to make good on its promise for a cost-cutting plan, put your profitability in the streaming division and returned to quality content the brand is known for. even if disney wins, if it's not a landslide, the scrutiny doesn't go away. next time earnings disappoint, a long succession announcement, the vultures will come back. ashley: they will indeed. strategic wealth investment strategist luke lloyd to talk about it. disney has been struggling with viewership and the box of

precisely shareholders are everything into denies's board almost political campaign iger wage, george lucasds of 40 million dollars to ensure the vote goes their way. major distractions from activity investors are exactly with a we don't need. i am urging you vote for deputies bode recommended slate of nominees. >> time to understand big board fees management with huge compensation, owe something to us. >> based on vote disney expected to win likely large part due to major turnaround stock has seen up 35% year-to-date one of the best in the dow in fact, worth 30% more than when he announced that activist, the road ahead riders significant improvement will need to make good on promised 5-billion-dollar cost-cutting push for profitability in streaming return to equality content brand known for the success as youion shareholders need to know a future beyond iger. maria: i think kelly one big issue for nelson peltz the way they kept pushing bob iger in new contracts. that is correct to 2026 i worked for company back in 2013 he was to be gone 2014 here he is. maria: what do you make of it. adam:

the latest name got the backing of the force from george lucas and jamie dimon. it's blackrock.ve a 4.2% stake, almost $10 million of disney stock. caroline: t. rowe price another canine. that is not without some key names betting on the other of things. wanting to see peltz coming to the border the other previous cfo. it could all go to the wire. what about long-term succession planning from bob iger? if he loses this battle, we saw posts join the board. will he stick around. that is a key question about considering succession. ed: if peltz is successful, which looks unlikely at this stage, how does it change anything? caroline: we will see overall how the votes at up and if i get anymore ads asking me to do so i will go completely stir crazy. that does that for this edition of bloomberg technology. ed: recap the show on the podcast. a big show a heavy ev theme and global politics on apple, spotify, and all bloomberg platforms. from new york city this week this is bloomberg technology. sonali: live from bloomberg had quarters i am sonali basak. tim: i am tim stenovec. welcome t

if the b-29 cockpit looks familiar, this might be why george lucas used it as inspiration for the fastest hunk of junk in the sky. han solo's millennium falcon. >> hello, welcome to a special edition of kudlow, i'm david asman in for larry kudlow. breaking hours ago, a massiveou air strikers targeting you irani embassy complersx in syria reportedly eliminating one of tehran's most senior military commander. several iranian diplomates were killed in addition to the general and they're vowing a i harsh military response to the attack. we'll speak with john b barrasso in a moment. trey yingst has the latest. >> reporter: we are learning more about this rare daytime r strikear in syria that reported killed topth iranian general. he is a man responsible for the irgc's activities across the middle east. specifically though in syria, in lebanon, this is an individual who was responsible for coordinating the weapon shipments from iran to the locations that could threatenip not justme american forces butee israeli troops operating in the northern part of the country. all of this in response to esc

the latest is jim amy dimon, george -- jamie dimon, george lucas, right?nder the former ceo, bob chapek. it got very woke, programming went down, so bob iring was brought back in in -- iger was brought back in. disney is the top performing dow stock, it's up 36% this year. it's up a little bit today at 123 on the, a few hours before the shareholder vote. stuart: so he won, that's what pelts wanted, get the stock price up. lauren: yes, so in a a way he did win without get the seats. stuart: alibaba and various other companies. lauren: yeah. it's actually their second biggest buyback ever, $4.8 billion in shares for the march quarter. stuart: why are hay down? lawyer lawyer yeah. i'm not sure exactly. maybe the earthquake spooking the region. actually, alibaba's down 77% from its covid high. you have the regulatory crackdown by china on technology, you have foreign investors afraid to put their money in china because they don't like how it's treated, so that's why heir down. stuart: alibaba's way down from where it was -- lauren: and even a juicy buyback, th

people, myself included, would have thought this was a slam dunk for disney with the bob iger and george lucas. then we saw the iss advisory board and coming out in favor of trian. we saw calpers also have come out for the trian slaite. the wild card here is up to 40% of the disney shareholders are retail or individual. we don't know what they're going to do. >> what happens if it is a close vote? that's happened in the past with some of the battles and sometimes they said we will give you a board seat to try to recognize a significant number of the shareholders voted in favor of this. >> they can do anything they want up until the vote itself. you know, there's been last-minute settlements a lot in these things. it is interesting that peltz seems to be polling in the precursors up to this and doing better than jay razullo who is the othernominee for the board. there could be a settlement where peltz is on the board, but not razullo. no indication that disney is interested in that. retail shareholders side with management in proxy battles. we will see what happens. a lot of people have strong

people on the other side of bob iger, abigail disney ultimately came out in support of bob iger and george lucasy, depending on where the stock is a year from now, if it doesn't move materially higher, he may be back all over again. >> great challenges for disney, great challenges for all the media companies right now. talk about this proxy fight and why iger won and what the future looks like. >> andrew and i have discussed the streaming wars ad nauseam on cnbc. it's great to be able to discuss them here. a lot of what was at stake is whether iger had handled the transition from the traditional television world to the new streaming era, whether he handled it well, whether a controversial acquisition of fox television assets was something that is grossly expensive relative to what they actually acquired. you had issues of media executives getting huge compensation despite the fact that the media industry on the traditional side has been declining. at the end of the day, bob iger had a lot of magic to him and convinced people he was on the right track, helped by the fact that the stock has been u

what's okay lucas of tomlinson alive at the white house thank you. time for our legal panel georgeuniversity law professor fox news contributor jonathan turley but former principal deputy assistant attorney general tom dupree always good to see both of you. thanks for coming in. let's start with this invitation from house oversight share james comer to the president invite you to participate in a public hearing in which you will be afforded the opportunity to explain under oath your involvement with the sources of income and means. the odds are present ever shows up to this invitation? >> zero. i do not go too far out on a limb to answer this if there is no way president biden is ever going to come and testify publicly on these issues. there is historic precedent, presence have come and testify before commerce i do not think this president will do this i certainly do not think this president will do this at this point in time. the present is what do they do next question request the next move are there more witnesses they can call? guess is they will also send a criminal justice de

lucas onto to make some scripts and 3 points change orders for 2018 . so they'd be for the purpose, if they want $109.00 nights and said that george would have got that show proof is and show hey, oh tony breath directly. wonderful. most home is hit by japanese behavior and emotionally facing the i don't just saw it. i run against the new york mets is 176 moves and 6 seasons. the major needs that's one more than the 5th by he vicky not series to get through with the whole series in b p in 2009 is significant because spots, i'll say phase one of the middle east, the rising combat sports prospect. and she's ready, getting ready to make her mixed martial arts debut. the 22 year old 1st cage match happens at the professional sizes, big events and re, uh, on may 10th. she's the 1st and the female fighter from saudi arabia to sign up with a major label and in a promotion, i think one multiple more tight metals, including the titles of the will come back games last year. she's been speaking to l. 0. so hell malik. about her impatience, m m m a. even before i started the combat sparked, i was telling myself that i was born as a fighter. i was fighting my whole li