iger is? >> think about what they have bid fox -- fox trading 17 times next year's earnings that's basically twice the valuation of some of their competitors. what does fox have that nobody else has i'll say it again, i think it's the hulu thing, scale. will disney overpay? maybe it will. you have to ask your self, why are they so hell bent on getting this asset that's why. >> our next guest no stranger to bitter battle to buy disney all those years ago. james stewart p "new york times," author of "disney war. how do you see this deal shaking up who needs fox assets plus sky more >> well, they both really want it that's obviously clear now comcast already apparently bid about $60 billion, which is significantly higher it was turned down on the grounds there were antitrust concerns those antitrustconcerns may go away any day if the judge approves the time-warner at&t deal that is a huge wild card here. if they lose the bid, nothing changes. the disney deal will go through. most people i think n

kennedy: bob iger called her out publicly.nd she was essentially forced to call vice president pence and apologize. i want to ask you two things. should everybody be fired or should nobody be fired? it seems like we have to have a uniform measure of outrage which we don't have right now. which way do you think it should fly? >> it's a great question. bob iger called out joy, but he didn't call the vice president to apologize. but he called valerie jarrett. either everybody follows the same rules or nobody follows the rules. kennedy: which rules should we follow? and i mean that. it's really hard to offend me. i give come is a lot of leeway. i understand there is a line. you can't hurt kid and you can't be racist. i truly understand that. but when does it go too far? do you think kathy griffin should have been fired from cnn for holding up the severed head of the president? >> comedy is one thing. but equating the president to be a nazi and saying he was part of the genocide of killing 7 million people is absurd. not only did t

yeah, iger just hired him to go back to espn. good luck with that. now we turn our attention to nbc news. last night they ran a special entitled every day racism in america. joy reed came under fire for outrageous blog posts. she claims without proof that the internet had been hacked a and the firestorm goes away. everybody on the left accepted what was really a bizarre explanation. nbc frequently features the reverend al sharpton on issues of race and social justice. the same al sharpton. you may remember he said all of these things. >> you ain't nothing. you're a punk [bleep]. come and do something. >> we're the black chicken fried of the universe. >> sean: he's works for nbc which features alec baldwin in order to make fun of the president on "saturday night live," despite baldwin's -- he has a temper problem. remember this? >> you hear what i said? answer me. yes or no. >> yes. >> you hear with my wife and kid out here. you have a big problem, don't you? >> you are as dumb as you look. you are with fox, right? >> you want to apologize on camera?

and where was bob iger when comments were made about the president? >> does the white house have any evaluation of its own of the recently released study estimating that more than 4,600 people died in puerto rico as a result of hurricane maria? and if that number is accurate, does this indicate the administration's response to the storm was inadequate? >> the president takes the situation in puerto rico extremely seriously and the administration has been monitoring that from the beginning. we've been supportive of the governor's efforts to ensure full account and transparency. the two category four hurricanes that hit puerto rico were historic and we responded with the largest fema operation in history. we'll continue to work with the people of puerto rico and do everything we can to be helpful. >> reporter: are there any concerns or any risks on continuing to push china on the tariffs in trade considering their relationship with north korea and what the president had said about president xi and kim jong un? >> the president continues to have a good r

i don't know iger is doing the right things saying we've got a deal.elieve the deal will go through. that's what he must say at this juncture but is that what the 21st century fox shareholders are going to vote for again? staying with that deal or look at something and say an all-cash deal, not so bad, maybe we should do that i think that's what we're looking at here. a fight for the consumer >> kay, when you say it's a chess game involving multiple players, when do we start seeing bids of scale from players other than legacy media companies. when does silicon valley and the googles and amazons and apples start to bid in a big way? >> the amazing thing is that they have built their own in the media business i personally have been amazed at the success of netflix not just do midwestically but on the international scale. pam amazon has come along with the big bidding. a bigger part of it if they got the fox deal done. but that is -- it's been amazing to me that they have really been able to come up with competitive programming. i think it's kind of the e

he tweeted about bob iger of abc. changing the subject there. but let's listen in here. you know, herschel walker. the race is on! [applause] blake, who are all the kids on the lawn there today and how did they get the invite? >> not entirely sure. a great question. i'm sure they got some from the local schools here. don't exactly know. i don't believe we were given a list. it's a beautiful day here in washington d.c. president about 75 degrees, overcast. the south lawn. if you have never been out there, it's probably the best viewou get here in washington withe monument in the background, the white house there. it's going to be a memory no doubt for these children as they get to play on the white house lawn and do so with some of the greatest ever in their sport. >> shepard: good stuff. love it. if you get to talk to mariano, send him love. he was here one day. and good news. former president george w. bush is doing well but staying in the hospital for now. his spokesman tweeted president george h.w. bush continues to be talkative and in good spirits as doctors at south

in april. 500,000 leaving espn >> more of the commentary on the call of the spend. >> yes >> right iger talks about spending. despite the good quarter, the stock is negative. there you can see the move >> right, well, it's typical of what we're seeing in a number of big stocks particularly dow stocks, where they reported good quarter, people say, oh, great. bulls say great. and then investors go, not so great. and we saw it with boeing, saw it with cat. you have seen it with some of the tech names and it isn't good enough and what disney has become to some extent is a conglomerate. it's so big that even black panther, at $1.3 billion, isn't moving the dial. and they're going to accumulate more assets, so it makes it a bigger and bigger conglomerate i don't know i feel as if investors are wondering whether they're losing focus because of the size, having watched companies accumulate pieces before and then take them apart in the same way that they built. >> speaking of putting them together and taking them apart, that's the worry with disney right now. the worry is that the fox asset -- >

iger and disney.pite, you know, everything you hear out there that we are headed for higher prices, not so much because of the trump action on iran, but global demand exceeding supply by a million barrels a day in the middle third of the year it's not long term, but you're going to have higher numbers and could have drastically higher numbers if you have tropical storm weather during the summer. we don't have a gasoline glut or a comfort zone >> bill, did you hear that trouble for disney >> everybody thought everything's trouble for disney for about the last 70 years. 80 years so, now, look, the stock's at 14 times earnings it's a clearly superior company for decades with massive free cash flow and strong balance sheet. don't forget why you own a business, end of the year to have more cash than you did at the start of the year, and, you know, just think of the brands, they just keep accumulating massive franchise brands, you know, i like my -- >> go ahead, tom >> caller: i want to say this driving sea

does brian roberts need this as badly as bob iger does?e global expansion opportunities. he does need expansion. and they're looking to get bigger as well. david w.: let me come back to you on theme parks. we tend to focus on what this means for over-the-top -- is there a player in the theme parks? yesterday's could make this into something like harry potter or star wars? of course. anytime you bring in a >> new studio with ip's and established open up the opportunity to take a vantage. and what disney has done now is to do it at different levels. , such multigenerational as star wars, you do an entire land. if it is something that is newer and you are not sure how long the shelf life is like guardians of the galaxy, you put in a new ride and you do it on the rider show base. so they are able to exploit all of the ip's and that is the ability with the theme parks. the goal is to be relevant and up-to-date. this takes years before you see something in a themepark but if it is proven and it has legs and it will last for years, you will see s

he writes, iger where's my call of apology.ave offended millions of people, and they demand a response. how is brian ross doing? he tanked the market with an abc lie, yet no apology. double standard. a report that abc did retract and apologize for, ross was suspended. let's bring back mary katherine ham and josh dawsey. let's just listen to the president himself in his own words making racist remarks. >> you had some very bad people in that group but you also had people that were very fine people, on both sides -- >> look at my african-american over here. >> when mexico sends its people, they're not sending their best, they're bringing drugs, they're bringing crime, they're rapists. >> wouldn't you love to see one of these nfl owners when somebody iz respects our flag to say get that son of a [ bleep ] off the field right now. >> they call her pocahontas. >> so mary katherine, i was scratching my head this morning, thinking why wouldn't he just denounce at least the roseanne comment, but then you think of it full circle and he

where was bob iger's apology to the white house staff for jamal hill calling the president and anyone associated had him a white supremacist. to christians around the world to joy bayer calling christianity a mental illness. where was the apology for kathy griffin showing her holding president trump's decab tated head. and where was the apology for bob iger hiring keith olerman after tweets saying the president is a nazi and comments against the president's family. this is what the president is talking about. no one is saying her comments were appropriate but that is the point he is making. >> does the white house have any evaluation of its own of the recently released study estimating that more than 4600 people died in puerto rico as a result of hurricane maria? and if that number is accurate, does this indicate the administration's response to the storm was inadequate? >> the president takes the situation in puerto rico extremely seriously. and the administration has been monitoring that from the beginning. we have been supportive of governor roselo's efforts to ensure full accounti

he says iger, where is my call of apology.s of people and i demand a response. how is brian ross doing? he tanked the market with an abc lie, yet no apology. double standard. we talked about this earlier. >> dagen: i've got megan mccain's phone number, mr. president, if you would like to call her and apologize to the whole family. >> maria: we'll take a break on that note. still ahead, tesla fixes the braking system in the model 3 after a poor review from consumer reports. the new strategy for the electric automaker, right here, next hour of "mornings with maria," back in a minute. ♪ you can't always get what you want. ♪ you can't always get what you want. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the f

bob iger of abc called valerie jarrett to let her know abc does not tolerate comments like those made by rosanne barr. gee, he never called president trump to apologize for the horrible statements made about

iger, where is my call of apology. you and abc have offended millions of people and they demand a response. how is brian ross doing?

it started after robert iger fired roseanne barr. iger had not fired other abc people who had insulted the president and he offered no apology to the president either. now this morning, this from the presidential twitter account. iger, where is my call of apology, you and abc have offended millions of people and they are demanding a response, how is brian ross doing, he tanked the market with abc lie, yet no apology, double standard, so, you know, it's right out there, isn't it, the media is content for the president and the president is clearly had enough. one editorial point of my own, if i may, how can robert iger fire rose anne barr. the president is right, robert iger is employing a double standard. well, there is other news. mike pompeo sits down with state dinner, kim-jong, top diplomat. they are talking summit. at this point still on on june 12th in singapore. warren buffet wanted to pour $2 billion into uber. buffet rarely touches technologies but evidently he sees it as transformative, revolutionary worldwide. uber has had

where was bob iger's apology calling jammel hill or anyone associated with him.christians, calling christianity a mental illness. kathy griffin going on a profane rant on the view after it showed her holding president trump's decapitated head. and where was the apology for bob iger after hiring keith olbermann attacking the president as a nazi and expanding his role against the president's family. this is a double standard that the president is speaking about. no one is defending her comments. they are inappropriate. that's the point he was making. liz: take on two things, the critics saying president trump should have denounced roseanne barr first and check out what the press secretary just said. and joy reed did not lose job over homophobic bigotry attacks and blog posts. he didn't denounce roseanne barr first? >> the president says he denounces all racism. we all denounce racism, that would include the president. she's spot on. we need to have one clear standard in this country. denounce hate where we see, it whether it's on the right or the left. and the fact

. >> i think it's clear that james murdoch is not in contention to run disney bob iger has been relatively consistent about that. let's talk to a telecom analyst from raymond james frank, good morning. >> good morning. >> if the department of justties is -- does lose this at&t/time warner case, do you believe that it opens up the opportunity for everybody to buy everybody >> that's going to depend. the biggest insight they get is how you define the market. how you define the market tells the story in any antitrust case. if they are successful in how

bob iger walked off one of his industry councils taking a shot at him. appropriately show which he needed help and people like iger were part of the problem, not the solution. >> it's the different between short termism or make your shareholders happy at the next quarterly bleetding or the interest of the national large. the chinese having a long-term approach. lou: there is a simple word for the problem. that's multi-national when it applies to businesses. they had better be american businesses operating globally. dr. sebastian gorka, good to have you with us. president trump calls out the left-wing national media for hypocritical treatment of roseanne barr. we'll have the story straight ahead. yes, it goes on. it took guts to start my business. but as it grew bigger and bigger, it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. and that 2% cash back adds up to thousands of dollars each year... so i can keep growing my business in big leaps! wha

bob iger walked off one of his industry councils taking a shot at him.ropriately show which he needed help and people like iger were part of the problem, not the solution. >> it's the different between short termism or make your shareholders happy at the next quarterly bleetding or the interest of the national large. the chinese having a long-term approach. lou: there is a simple word for the problem. that's multi-national when it applies to businesses. they had better be american businesses operating globally. dr. sebastian gorka, good to have you with us. president trump calls out the left-wing national media for hypocritical treatment of roseanne barr. we'll have the story straight ahead. yes, it goes on. ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪ proven to protect street skaters and freestylers. stops up to 97% uv. lasts through heat. through sweat. coppertone. proven to protect. lou: president trump accusing abc of a double standard after the network canceled its hit show "roseanne" after her controversial an

thanks to growing fees from new digital bundles, iger said he's optimistic digital media growth willnsate for traditional declines which are moderating. >> we believe that you're going to continue to see real growth in digital platforms and continued erosion on the traditional side i think ultimately the new business will eclipse the older business i think it will happen sooner than most predicted and we're going into this in a big way. >> we'll hear about fox's digital strategy and how its assets could fit in with a buyer when it reports earnings after belt this afternoon. back over to you >> all right julia, big news there. thank you very much, julia boorstin on disney another earnings mover, shares of go daddy in the green after a second quarter earnings beat due to new customer additions. joining us this morning scott wagner the ceo of go daddy we were talking with andy jassy about you. good morning >> good morning. thanks for having me >> this is really getting interesting now. one year performance on the stock is closing in on 76% you got revenue up 29% we mentioned the partner

bob iger is the ceo of disney which owns abe.was the investigative reporter, who was suspended from abc after they publicly said he made a serious reporting error in a story about trump's former national security adviser, michael flynn. but all of this avoids the issue of the racist comment itself. "outfront" now, national affairs correspondent for "the nation" joan walsh, and former advise tort trump campaign, steve cortez. why can't the president just say what she said was dead wrong, but. and then go on whatever diatribe. why not just say, it's wrong? >> sure, it was wrong. i'm saying it. i think the president would say it but i want to take exception -- >> he hasn't. >> you said he refused. he was not asked about this. that's an incorrect statement. he didn't refuse to comment. he just didn't comment. and that's a big difference. look -- >> he's coming out and saying, bob iger should be apologizing. that's commenting. >> bob iger should apologize. you know why? because brian ross issued a blatantly false statement about the p

donald trump firing back at iger, tweeting that bob iger of abc called valerie jarrett to let her knowabc does not tolerate comments like those made by roseanne barr. gee, he never called president trump to apologize for the horrible statements made and said by me on abc. maybe i just didn't get the call. well, mane time the maker of ambien, the french drugmaker sanofi, also getting into it, also busy tweeting. it said all pharmaceutical treatments have side effects racism is not a known one. charles, it seems like that is the main way to communicate these days is on the twitter page. charles: get your message out there instantaneously. reaction as well the susan li, thank you very much. >>> here now with reaction, media research president brent bozell. all right, tweets are flying fast and furiously today. the aftermath will obviously continue for some time. what do you make of how it has all gone down so far? >> for starters abc made the right decision. i've never been a fan of roseanne. i think her behavior has been piggish her entire career. remember what she did with the national

it's not what iger is saying iger is saying we got a deal, it's going forward we have to see how this plays out. >> would they have to come back with an equal deal i have seen things like they have to come back with more cash in the deal and stock. do they have to raise the prospects? >> i think clearly for a lot of shareholders, an all cash deal is better. they may end up splitting the baby >> how does it get carved up that would require bob iger to say let's stop this mess let's -- i'll give you hulu, you give me this, you give me that we'll go on our merry way. >> all these companies while they compete against each other, they are all friends a lot of this does not necessarily make sense disney doesn't know how to manage an asset like sky this is what comcast knows how to do. some of this may be nothing more than getting leverage for a company that comcast wants to own. what did i make of disney's earnings themselves and what you saw happening on the video side. i think what you should expect is there will be continued declines in cable distribution the way that analysts look at th

bob iger engaging on the roseanne barr situation, that's a no brainer, right? he dealt with that and he dealt with it quickly. tough admire how he did it but those are the kind of things you can see escalating although one must question if that needs to go to ceo of disney to make that decision. >> would you have fired roseanne barr >> i can't imagine how you would not. >> thank you for the direct response to that question. that's nice. we like that let's talk about the deal that you want to get done proposed the fall of 2016. since you've announced that deal, we've seen lots of moving around in the media landscape, lots of potential deals. we had james murdoch up here talking about disney and fox it seems like your deal has now triggered either lots of specific deals or a lot of deals to be made did you expect that was going to happen that once you said we're buying time warner, that would trigger other things >> i don't know it triggered off all these things or we got in front of things that were inevident pbl. you're seeing a lot of things play out that are

iger credit for making a quick decision and reaching out to jarrett. but when you see this case with jamel hill, espn did nothing when she tweeted this stuff about calling him a bigot and a white supremacist. nothing happened. later she was suspended for a tweet about the cowboys and since left the show. but the white house does score some points here by pointing to the media hypocrisy. i think it would have been a smarter strategy for the president saying he doesn't approve that language and then he could have scored points perhaps even more effectively. >> maria: very good analysis. thanks, howie. >> thanks. >> maria: valorie jarrett susguesting that roseanne's tweet came from the top down, as in president trump what do diamond and silk think of that? they're here in the studio. there they are in the green room about to come out. back in a moment right here. this is a story about mail and packages. and it's also a story about people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your bus

calling out disney's ceo bob iger with this tweet.ed val ae jarrett to let her know abc does not tolerate comments like those. he never called donald j. trump to apologize for the horrible statements said about me on abc. sarah sanders echoing the president and offering up a list of grievances the president has against abc. >> where was bob iger's apology for white house staff and jemele hill calling the president and anyone associated with him, for christians, where was the apology for cathy griffon going on a profane rant against the president on the view after a photo showed her holding president trump's decapitated head? and where was the apology for bob iger for espn hiring keith tacking the president as a nazi and even expanding his role after that attack against the president's family. this is double standard the president is speaking about. no one is defending their comments, they're inappropriate, but that was the point he was making. >> so what did all of that have to do with roseanne barr? a friend of donald trump's for mor

bob iger called valerie jarrett and apologized. he never called and apologized to me. maybe i just didn't get the call. here's the white house press secretary sarah sanders. >> where was bob iger's apology to the white house staff over the jemele hill? and joy behr for the mental illness? where was abc after kathy griffin? that is the double speak. the comments are inappropriate. that is the point he was making. >> following the backlash that she was ambien tweeting. roseanne said it was an explanation, not an excuse. in a later tweet, she said i am not a racist. i never was and never would be. her ex-husband, tom arnold spoke to cnn. >> she was so far gone with the conspiracy theory and hillary is a pedophile and obama wasn't born here and how crazy that was. i just knew that this would not end well. >> roseanne's on-screen husband john goodman said quote, i wasn't going to get an emmy anyway. >>> breaking overnight. russian foreign minister meets with kim jong-un in north korea. sergei lavrov on the visit to pyongyang says sanctions must be lifted if is there a solut

there was no debate about this, said bob iger.an't debate what is morally rit,n this case, of course, morally right being sang that this show was cancelled. as you might imagine, there was some conversation, of course, that goes on he said, but it really moved very quickly this morning. because there was nothing really he saw to do here other than cancel the show itself certainly speaking to ben sherwood and others involved with the show, there had been, you know -- there was some discussion about what to do, but he basically painted it as, more or less, the conclusion was drawn very quickly that this is the decision that had to be made, certainly sounded like in his mind there was no question about it whatsoever, that it would be made, and they took about two or three hours, and that was that. so, again, mr. iger saying, again, there was, in his mind, at least, no debate about this, and again, you can't debate what is the morally right thing to do melissa? >> all right, david. >> david, thank you very much. we appreciate it >>> s

today, president trump criticized iger. in a tweet, the president said iger never called him to apologize for what mr. trump said were, "horrible statements made and said about me on abc." white house press secretary sarah sanders elaborated, this afternoon. >> the president's simply calling out the media bias. no one's defending what she said. the president is the president of all americans, and he's focused on doing what is best for our country. the president's pointing to the hypocrisy in the media saying the most horrible things about this president, and nobody addresses it. where was bob iger's apology to the white house staff for jemele hill calling the president and anyone associated with him a white supremacist? to christians around the world for joy behar calling christianity a mental illness? >> woodruff: and our white house correspondent yamiche alcindor was in today's briefing with sarah sanders. so, yamiche, a sore spot, a, a sensitive spot was touched for the president in all of this. >> that is right, and pre

bob iger, ceo of parent company disney, adding there was only one thing to do here, the right thing. >> racism isn't politically correct. i don't think this is a joke. i think this is actually a racist tweet. and it needs to be dealt with as such. >> reporter: valerie jarrett, the target of rose app's tweet, said iger reached out and apologized before making the news public. she addressed the controversy tonight on msnbc's town hall on racism. >> first of all, i think we have to turn it into a teaching moment. i'm fine, i'm worried about all the people out there who don't have a circle of friends and followers who come right to their defense. >> when you first heard about the tweets what did you think? >> i honestly did not think abc would cancel the show. i thought that they would bide their time, put out statements, pull the show from rotation. >> reporter: later today, hulu and viacom following suit, pulling past episodes of the comedy from their platforms. that included its first run in the '80s and '90s. then her agency, icm, dropping her saying she violated our core values. it'

david: there is pressure on bob iger.rprised that their offerings figured so much in their earnings. >> even viacom had a better than expected quarter. it is from the operation side of disney. --estors will look at one of what are the early signs of uptake for espn plus. this is the future of disney. bob iger already says the company needs a direct relationship with consumers. i do notis is what understand -- i understand over-the-top and why it is important to everyone and trying to compete with the likes of the foot and amazon. at the same time, when you look at espn, the walt disney company has been so large and has been growing at a rapid rate. if they are actually coming down in growth rate, can they get enough money out of over-the-top to make up for that loss? barton: that is the problem with the stock. there is a lot of skepticism about that. fox,playing disney through disney buying fox. cheaperget disney through fox. that said, these guys have great brands. with tax reform, earnings per share will be growing over

disney's and include a full acquisition of sky despite the threat from comcast, disney's ceo, bob igerid he believes the deal will close >> as part of the 21st century fox acquisition we're buying the 39% that 21st century fox already owned. we know they've been in the process of trying to buy the remaining 61%. that's pending regulatory approval should fox be successful in buying that 61%, we would step into their shoes and own 100% of it if they done, we will own the 39% that we'll be buying as part of the acquisition >> joining us on set to discuss this is tim mulligan i want to pick up on bob iger's comments he was speaking to us about the comcast deal given it's our parent company as far as fox are concerned, do you think there's going to be any loyalty to disney given that the agreement was almost set to go ahead as far as they were concerned back in december, this comcast bid seemingly came out of the blue. do you think fox will have loyalty to the original bid or is it a function of going to the higher bidder. >> inevitably, yes it may be a protected process, and there have bee

quote, bob iger of abc called valerie jarrett to let her know abc does not tolerate comments like those roseanne barr. gee, he never called president donald j. trump to apologize for the horrible statements made and said about me on abc. maybe i just didn't get the call. >> no one is defending her comments. they're inappropriate. but that's what the point that he was making. >> reporter: today in the briefing room the white house press secretary insisted the president was calling out abc for a double standard. >> where was bob iger's apology to the white house staff for jamel hill calling the president and anyone associated with him a white supremacist, to christians around the world for joy behr calling christianity a mental illness? >> reporter: for the record, hill and behar both faced repercussions. espn suspended hill for violating the company's social media policy. and behar called vice president pence to apologize and issued an on-air mea culpa. >> i sincerely apologize for what i said. >> america was divided before "roseanne" came on, america will be divided long after the show

saying, iger, where is my call of apology? you and abc offended millions of people, and they demand a response. abc axed the show after barr, herself, posted a racist tweet. after a brief break on twitter, she's fighting back saying she's tired of being smeared, and she's not a reyacist. >>> now to the on again and off again nuclear summit with kim jong un and president trump. this morning, the most senior north korean official to visit the u.s. in two decades met with secretary of state, mike pompeo in new york. serena marshall has the latest developments. >> reporter: a former north korean intelligence chief currently sanctioned by the u.s. in new york city. kim yong chol meeting with the secretary of state, mike pompeo. as the two tasked with negotiations ahead of the potential summit sat down for the high stakes meeting in new york. back in d.c., the president remaining optimistic. >> the meetings have been very positive. we'll see what happens. it's a process. it's all a process. we'll see. hopefully we'll have a meeting

bob iger has records in this current quarter to sell rate just today avengers: infinity war topped $900illion worldwide after 9 days of release putting the film on track to be the fastest to ever hit $1 billion in worldwide ticket sales pivotal upgraded disney to hold last month citing a lot of positive elements going into the back half of the year including a still very strong film slate bob iger is likely to mention the upcoming launch of solo on memorial day weekend he has a lot of big films coming up but the options market is currently applying a move of 3.5% in either direction post earning which is are tuesday afternoon. >> jewel yarks thank you you have a trade on disney. >> that set up is interesting. and direct to consumer they're over the top they're ip and how they're going to distribute it going forward and like that upgrade there's not a lot of stuff in the near term so you have to think about the second half so i do have a new trade strategy. >> it's not new. >> after ten years we have a new structure. >> maybe new to our viewers and we're going to call this a call calenda

julia boorstin spoke to disney ceo bob iger about the company's quarter. >> reporter: the bottom line from disney's earnings, t media giant out performed expectations pretty much across the board with the biggest up side surprise, disney theme parks and the movie studio where blockbuster films and new attractions killed ticket sales and attendance. perhaps the most unexpected thing about disney's earnings, the fact that it performed better than expected at the media network division which includes espn. it's been under pressure with cord cutting causing subscriber losses. >> we believe you're going to continue to see real growth int di platforms and continued erosion on the traditional side. i think ultimatel the new business will eclipse the older business. i think it will probably happens sooner than people initially predicted and that's why we're going into this in big way. >> ceo bob iger wouldn't reveal how many people have signed up for direct to cssumer busin espn plus but he said the app is performing quite well and that ey're continuing to find ways to make the user experienc

david: that was part of my conversation with bob iger, disney ceo. more on the outlook on the deal and to take us through the second quarter results, we .elcome tuna amobi he has a strong buy rating on disney. before we get into 21st century fox, mention a little bit about the second quarter for disney. and far exceeded last year exceeded quite nicely analyst expectations. tuna: i think the main take away from those earnings which were far better than expected, the company continues to fire on all cylinders in terms of franchise creation in the pipeline. theme parks have never been stronger. all of these key metrics we track came in higher than expectations. "blackdio of course, panther" was the main headline but when you look at the content pipeline, the studio has set the bar or what to expect from a premier hollywood studio. the main weak spot, espn came up , no spread is. there is a lot of positive takeaways. david: the weak spot is not just espn but media networks overall. they are losing subscribers. that takes us to the 21st century fox deal.

kidding, the most important trade ever being brought out the same breadth and waiting for the bob igergy. >> right >> what do we have 8 million autos imported every year >> that's a big number japan -- bmw didn't play by the rules. mercedes didn't play by the rules and toyota didn't play and nissan hasn't either, meaning you're not supposed to build plants in mexico you're supposed to build plants in the united states and they didn't play ball and the president is vengeful when it comes to stop building its plant. >> if we do get these tariffs in the eu and a failure there to somehow negotiate some sort of reciprocal agreement and what they're allowed to have accomplished without -- what do you believe the response will be they talked about putting a tax on things like whiskey and teens. >> it's kind of a -- look. the president wants a tariff, and i think a lot of people feel that it is unfair that we let them do whatever the heck they want, and they put a tariff on our car. >> you're talking mexico, and i'm talking france -- >> eu is on the cars >> you said nafta. >> no, including naf

instead the president tweeting about disney's ceo bob iger, the head of abc's parent company after iger called jarrett personally to apologize for roseanne's comment. he tweeted, he never called president donald j. trump to apologize for the horrible statements made and said about me on abc. maybe i didn't get the the president says he was only calling out media bias. >> the president's pointing to the hypocrisy in the media saying the most horrible things about this president and nobody addresses it. this is a double standard that the president is speaking about, no one is defending her comments. they're inappropriate but that's what the point that he was making. >> one of the executive producers of "roseanne" says the writers on the show are not even sure whether they'll get severance pay. he says the crew is still in shock. >> cingup, the wild gse chase at a major league baseball game. >>> but first a new look at the violent arrest on a beach in new jersey. what the police body cameras reveal. >>> and why the lottery is refusing to pay out $35 million in prize money. the thing that's

ceo bob iger has some records in this current quarter to celebrate.ust today vendors topped $900 million worldwide after just nine days of release putting the film on track as the fastest to ever hit $1 billion in worldwide ticket sales. a lot of positive elements going into the back half of the year, including a still very strong film slate. bob iger is likely to mention the upcoming launch of solo" in september. the options market is implying a move of 3.5% in either direction post earnings which are tuesday afternoon. >> dan, you have a trade on disney. where do you stand >> i to. that setup was interesting. they're talking a lot about the studios but it makes up 15% of the total sales. they're ip, their conat any time and how they're distribute it going forward. there's not a lot of stuff in the near term other than maybe updates. you got to think about the second half. i do have a new trade strategy -- >> new structure. after ten years, you have a new structure? >> maybe new to our viewers and we'll call this a diagonal call calendar. what i'm do

the president saying bob iger called valerie jarrett. he never called president trump to apologize for the horrible statements made and said about me on abc. maybe i just didn't get the call. some of that was playing out in the briefing room earlier today, wolf, when the white house was asked about what the president had to say about all of this, and sarah sanders essentially went on a rant about the news media wondering where the apologies are for the president. here's what she had to say. >> the president's pointing to the hypocrisy in the media saying the most horrible things about this president, and nobody addresses it. where was bob iger's apology for the white house for calling the president and anyone associated with him a white supremacists. calling christianity a mental illness. where was the apology from kathy griffin going on a rant after a photo showed her holding president trump's decapitated. and where was it for espn after hiring keith olbermann after his attacks on the president and his family. this is a double standard

also tweeting about roseanne getting the ax for the first time, firing back at disney ceo bob iger all the details straight ahead "power lunch" starts now >>> welcome back to punch. >> i'm melissa lee your money making a comeback from yesterday's big losses. the dow and s&p 500 up for the first time in four days. all three major afternoons on track for their best monthly gain since january take a check on small cap stocks this rallying. russel 2000 hitting a new intraday high. banks boci back. all up about 1% right now. oil rebounding from its recent big losses crude is up about 2% today that is fuelling the energy stocks higher. the etf that tracks them, the xle positive new field, baker hughes, conoco phillips all leading the charge. >>well, everybody i'm tyler mathisen let's tell you about other headlines right now. walmart unveiling a new perk for employees at its annual shareholder meeting. the retail giant subsidizing the cost of cole ebt in an effort to hold on to talent in today's tight labor market. >>> tesla now says it will recommend the model 3 afterall after tesla made som

demanding an apology from bob iger, the ceo of disney.erestingly, bob, a year ago, maybe bob iger would run for president in 2020. i asked him that. he said he has the best job in the world running disney. to make it about himself, i guess we shouldn't be surprised, tal. >> i don't know why anyone whoever followed the president's tweets would be surprised by that. there was a lot of appetite for the president to weigh in on this. roseanne's an outspoken supporter of his and the reboot would give voice to people who may be his supporters. it did call into question a little bit the president. he did not have to weigh in. he chose to. he chose to instead of condemning the remarks and any other offensive comments made in the tirade by roseanne, inn tre -- instead of addressing those, he made it about him. setting it up for sarah who talked about it in the briefing to come out with the grievances she read. ready to go once again complaining about media coverage of president trump and that type of thing. >> the airing of grievances. this was a

now that will impact the results tomorrow we are sure to hear from coo bobo iger infinity war toppedion in global ticket sales, faster than any other movie in just 11 days all the more impressive because it doesn't open in china until friday. >>> so far this year, disney has sold 32% of all tickets in north america and disney is poised to continue dominating the box office with "solo" a "star wars" film pre-sales tickets are twice as strong as those for "black panther. analysts will hone in on disney's largest network, media network. we can expect probing about how disney's direct to consumer espn app has done in the first few weeks and of course disney's pending fox acquisition will be front and center, especially now that comcast has been offering a higher price than what fox has offered. we're interested to hear if iger is going to get into a bidding war. >> thank you, julia boorstin in los angeles. why do we think disney's been trading at a discount to its peers at this point? >> i think first of all the value of content seemingly has been diminished in the last 12 months i think

but tonight, the words she used in that tweet has left the ceo of our parent company, disney, bob iger, to say, there was only one thing to do -- the right thing. abc's matt gutman leading us off. >> reporter: it was the comeback that reflected the times. 27 million americans tuning into the premiere. but today, roseanne barr's own words sowed her show's fate. the comedian posting a since-deleted racist tweet about a former adviser to barack obama, valerie jarrett, writing if the "muslim brotherhood and planet of the apes had a baby equals vj." barr later tweeting, "forgive me, my joke was in bad taste." >> i'm not afraid of you. >> give it time. >> reporter: but less than 12 hours after that first tweet, abc pulling the plug on "roseanne." the head of abc entertainment, channing dungey saying, "roseanne's twitter statement is abhorrent, repugnant and inconsistent with our values," announcing that "we decided 20 cancel her show." disney ceo bob iger soon adding, "there was only one thing to do here, and that was the right thing." >> i don't think i've ever seen a show at this height be

instead, the president tweeting about disney ceo bob iger, the head of abc's parent company, after iger called jarrett personally to apologize for roseanne's racist tweet. and this morning, the president tweeting, "he never called president donald j. trump to apologize for the horrible statements made and said about me on abc. maybe i just didn't get the call?" ignoring roseanne's words completely. and when pressed on this today, the white house, at first, complained of a double standard, before eventually saying no one is defending roseanne. >> the president is simply calling out the media bias, no one's defending what she said. >> reporter: roseanne firing off more than 200 tweets since losing her show and vowing to leave twitter. even turning on some of her costars. writing to actor michael fishman, who called her tweet, "reprehensible," "you throw me under the bus. nice." and to sara gilbert, who called the comment "abhorrent," she replied, "wow, unreal." >> she's been all over the map with it. i wish she had just said, i'm sorry, or, like, you know, valerie jarrett said, this could