disney can right the ship with bob iger back at the helm.nd realigning management and this really, what disney needed, if you look at the last couple of years. so this management changeover is all about refocusing internally. if you think about it even with the streaming wars and disney plus is projected not only to have an increase in the next couple of days but increase in 2024 for profitability, we're going to have disney is in the category of one. they have to return to storytelling and that's what bob iger will just do that. >> cheryl: your taking this on the streaming side, robert, because obviously the streaming, i mean, streaming lost $1.5 billion. just in streaming and i think that's word has that that's one of the biggest reasons that bob chapek was shown the door and iger was bought back in because of this misalignment and then that disaster in florida, but but overall the theme parks business, the the production business, there's still talk they should be spinning off espn. do you see any major moves under iger, do you think, cou

. >> disney ceo bob iger expressed regret the company got involved in the culture wars. >> fernandez trying to chip through. there is another goal for argentina. [cheers] cheers. [ ♪ just hear those sleigh bells ringing ♪ come on it's lovely weather ♪ for a sleigh ride together with you ♪ outside the snow is falling ♪ and friends are calling you who. >> steve: how perfect does that look you? are looking live at 48th and sixth avenue here in the heart of new york city on this december 1st. it's a thursday. and that puts you in the spirit for the season. today here in new york city right now, we have got 36, going for a daytime high of 43. and before we had a christmas tree, we used to do a christmas special in one of the studios of "fox & friends" would always do it. and this group, pentatonix sang this song i would say three times in a row. >> ainsley: i was so fortunate i got to hear that live. they don't have instruments. steve no, a cappella. >> ainsley: they sing all the sounds. someone sounds like a drum. someone that sounds like a bell. [laughter] >> brian: yes, a snare drum. >

i also think bob iger is also h a smarter more savvy person. i think you does continue to take the approach to say work i stay out of politics in let's just make it the happiest place on earth, then they will do well . families like yours in mind tha others will want to go back. they've been so woke its bug a lot of people. it expensive. >> super expensive your keyword negotiate i want to put this on the screen this is bob iger at the same disney employee town hall. he said i was sorry to see us into that battle talking about the desantis of florida battle. the state of florida has been important to us and we been important to the state of florida that is something i'm extremely mindful of and will articulate if i get the chance. he was rhonda santos responding. >> we didn't drag them and talk they went and on their own and not only opposed the bill but threatened to get it repealed these are parents rights important policies and our stat popular and so they brought thi on themselves. all we did was stand up for what's right and yes there are b

now you have bob iger who is recognizing this is not good for disney.ng involved in these types of political things, that ron desantis the governor holds all the cars at this point. the legislation did pass, nothing else can pass and change without the governor's signature on it. elizabeth: now they may not, florida may keep in place that special district that gives disney perks in terms of how it governs itself around its orlando facility. you know, this was about the, you know the decision to try to teach about essential all orientation and gender identity to children in kindergarten and third grade students which lacked all common sense that was way too much for children to deal with. you know, you have essential education in 7th grade. you put adult themes on children. the far left lost their minds about this, lacked all common sense about that. >> yeah, they tried to spiel it as something that wasn't, so-called don't say gay. ron desantis saying don't standing up to them. you haven't read the bill. that is not what it says. the governor is there to

well, listen, bob iger is not elon musk. he's not going to have t a counter revolution inside disney. but this is a step in the righth direction. and what it really revealsrecti. is that conservatives can apply pressure to big corporations gt and get results. i certainly investigate. disney corporation sharedn some of those details on your show. ur shoin the last year. and then governor desantis wielded the big stics wik oflegl politics in the florida legislature, slamming disney for politicizingat slammi the pl bill of rights in florida.but and those thingsth really did damage to the company. we see the incoming ceo, the returning ceo, bob iger, walking it back , pledginggoer of neutrality in the culture a war. this is a victory fovictorrr conservatives, but we have to keep the pressure up. we have to keep pushinang and getting results. >> well, i hope i hope that is the case. but i think you're right to trust but verify because, you know, the pressure is going to stay on him to be woke up. i think it's worthwhile, as we th

and remember all the hype about bob iger's concern the stock is down 3% and disney's big bet on its new "avatar" movie is front and center this weekend. as we head to break, take a look at the dow heat map. ladies and gentlemen, not a single name is in the green today. that's even worse than yesterday when verizon was trying to outperform with the dow down 522, we have names like amex, nike, and salesforce among the worst performers "the excng iba aer ishae"s ckft et is telling me a million different ways i should be trading. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class education resources that match your preferred style of learning. learn your way. not theirs. td ameritrade. where smart investors get smarter℠. if your company actually practices the values that it posts about, then, yeah... you're on team earth. this thing, it's making me get an ice bath again. what do you mean? these straps

julia boorstin joins us now with more >> well, mike, a compromise could show the impact of bob iger'sreturn on disney's relations with florida legislators. this all started back in april, when lawmakers voted to dissolve the tax district which enables disney's parks to operate independently. a change which could potentially transfer an estimated $1 billion debt load to the state and that would come at a cost to florida taxpayers. ron desantis today denying that the state would do a u-turn, that was the language in the ft story, but not that a compromise could be in the works. desantis telling nbc news, the state certainly owes no special favors to one company. disney's debts will not fall on the taxpayers of florida a plan is in the works and will be released soon disney did not comment on these reports, but at the town hall that bob iger held on monday, he addressed the conflict with the state, saying, quote, i was sorry to see us dragged into that battle and i have no idea exactly what its ramifications are in terms of the business itself, but i can say is the state of florida has b

be fantastic. >> so let's stake with iger. of the 12 predictions i listed, i think they rain to somewhat wild on the box to somewhat more feasible simply based on his track record, he decision to extend he contract it's possible that he doesn't choose a successor at all. he simply extends hi contract. he's 71-year-old he's certainly in excellent physical condition he has a famed early morning workout that he's continued to do >> what do we know one, he has had trouble letting go of that job in the past and, two, we know he loves being ceo of disney. why do we know that? he just took the job again those two things indicate that an -- >> let's move on to this call, which i find quite strikely. netflix with merge with another company. >> this is one i think that is more out of the box. if you go based on previous history. so however, what this executive told me, and what others have said over the past few months is that it's possible now, that if global growth is stalling, netflix may need to do something more out of the box to m

i swear, bob iger, he's returned as disney's chief executive.pull the company back from woke culture but chris, i think he started it. i don't see him pulling back much on wokeness. what say you? >> well, i think that bob iger at heart, he's an accountant, he's a numbers guy and even though he, i think, arguably is true, started a lot of these woke policies in his previous tenure. he has a very convenient scape goat. he can blame his predecessor bob chapek and say he handled it all wrong. i released videos showing during his first town hall he pledged to start listening to customers, to stop politicizing issues. he said he was going to "quiet things down" on the culture war front so these are good initial signs. i think iger has realized that hyper-wokeness is bad for business. hopefully he's going to pull it back but it will be hard because he has internal act it vests that are vicious, that are radical, that are just raring to go, so i'm going to be monitor ing this story. i'm going to be keeping a very close eye on what's happening. stuart: g

with bob iger at the helm, do you think disney is?i think disney is moving in the right direction a. lot of the reason we did what we did saved disney, not to hurt it. when you start focusing on politics over products, you end up with problems. i think we're in a much better shape because bob iger didn't make the problem that bob chapek did. frankly i don't believe we'd have been in this mess had he been the ceo. i think he understands you need to focus on your customers and not on the woke left. pete: you mentioned what a big part of your own life disney has been. it's a signature of florida and hopeful it can return to that. >> yeah, my oldest son took his first steps on a disney cruise ship and no company has been more important as a family and i've been broken he hearted to e what this company turned to and when parent haves to check if the disney show is safe for kids, we've gone way, way, way wrong and hopefully the things we've done in florida will lead them to make the right decisions. we are standing up for what parents want.

you make up for a lot of mistakes of the previous fella and look, iger -- people got to understand iger's going to be a remarkable transformation, and it's going to happen far more quickly than people realize, because he's very smart and very good he's really good look, we own disney. i'm going to buy a lot more disney >> he is a -- he has been a beloved -- >> andrew. >> yes, sir? >> i think that people don't realize, bob iger can make a phone call that chapek couldn't make, and you would say, well, i got to rethink it. chapek makes the call, like, oh, geez, i got to take that call? with iger, it's like, wow, okay, hey, that's a smart thing. that's how people view him correctly, by the way. he's a smart man >> jim, we got to jump, but we're going to see you in just a couple minutes with the gang on "squawk on the street. looking forward to that. >> thank you >> as we mentioned, that november jobs report showing a gain of 263,000 jobs last month. that was just the beginning of the strong numbers there we have seen some significant moves across just about every asset class. dow futures, dow

i don't see iger spinning off or selling espn right away.t he believes in the sports business and thinks long-term that disney should be in the sports business now, a lot of people disagree with me on that and say that he would be stupid to keep running up all of these sports rights and getting -- staying in this very expensive business at a time when streamers like apple and amazon have decided that they want to be in the sports business, and they have a lot more money to play with. but iger is a sports guy he's also a linear television guy, came up through abc, so for him to sell that division would be a big statement >> okay. here's the biggie. bob iger, famous for massive transactions, do you believe that he is no longer the ceo in two years, as has been stated, and if he's no longer the ceo, is the company an independent company or not meaning, does he try to sell the company? >> i don't believe he will try to sell the company. there is widespread speculation that that's why he came back, that he came back to do one last big deal i don'

jack: is bob iger the guy to make it happen?he was dealt a terrible hand, we will see if they can solve this. jack: we mentioned takeover targets. tell me about one. to out there is bite-size and tasty. carleton: andrew likes paramount, that a takeover target, it is tough to get the scale they need to be a major player. andrew: the redstone family does not want to sell and they missed their opportunity and now they are playing a weaker hand. jack: any potential buyers? andrew: will antitrust regulators allow it to be bought and will redstone cell? berkshire hathaway owns the stock at higher levels. ben: we are seeing consolidation internally, with hln at cnn scaling back. the channels they have the don't make enough money will start scaling back. jack: everyone give me want to show i should be watching on streaming, who goes first? andrew: you got to write -- watch the is really show, a lot of consonants, hard to pronounce, a jewish family drama set in israel, engrossing, must-see. jack: it is on streaming. carleton: that has be

bog iger is back in charge at disney, do you have faith that he can turn around the ship? >> no.ook, the entirety of disney's revenue growth is up 9% year over year came from the parks. as the economy continues to slow that will slow down but there are massive structural issues with disney. the first is the streaming wars. disney you would think would be a winner but with all of the other streaming competitors out there, their customer turn is a lot higher than you would imagine and they are losing traditional cable customers which has been a trend for morning-- for adecade now. the business is in decline as sports content is getting more and more expensive. it's my belief that bob iger was brought in to slice and dice the company and sell off some of the sacred cows like espn. i think it's a franchise and not going away but for this business to turn around to where you will have great stock performance, i think a lot of things need to change but there's a tons of headwinds facing disney right now. cheryl: we talked about southwest airlines. i mean thinking we will get a boomeran

>> i wouldn't, especially with bob iger at the helm.eal with consumer prices rising and potentially spinning off espn. that might be a good move for them. the stock was up quit a bit today. that was a good sign. >> edward: thanks for joining me. a good debite. bob iger says he wants to get back to the traditional disney values. we'll look forward to that. looking ahead for what's? store for 22. new vines voters want someone younger. will that be the deciding factor? body pain? headache? nope. all in one and done. cuh-congestion? better. cough? fever? better. mucinex all in one relieves 9 symptoms in 1 dose. celebrate your comeback with $5 cash back. capitol hill. the house set to vote on its next speaker. representative kevin mccarthy still counting votes possibly using his fingers to squeeze out a majority and have that leader job. now fox news chad pergram uncovering what to expect, chad. >> edward the house begins its new session tuesday but the house has paralyzed until it elects a speaker. it cannot swear numbers or form committees

and now that bob iger is back in charge at disney, he wants you to know the mouse house is not politicaly does he want to tone down the company's culture wars? well, we have video of his explanation. but we begin with the biden administration's vowed to keep a close eye on twitter over concerns about the spread of misinformation. the white house correspondent kevin corke is live in the nation's capital, good evening. >> good evening, trace, for all the problems they have with elon musk's takeover of twitter, where it is from 1600 pennsylvania avenue that yes, they plan to stay on the platform, but they are backing off of keeping a "close eye on twitter under the tesla founder." >> what is in the news and what is reported on the misinformation that is out there, let's not forget that there are groups like the naacp, the national health leaders have been vocal about their concerns as well. >> now over at treasury, janet yellen changing her tune after telling "cbs news" earlier this month that she saw "no basis to investigated the social media platform, and now she says she misspoke. tellin

are. >> brian: bob iger out ever the culture wars.eos if they were worth their salary i got the answer to the boards and investors. i cannot get involved in this stuff anymore. we are going to stay out of it. >> ainsley: companies need to stay out of social issues and politics. if you are a grocery store stock your shelves and sell grocery the. disney make it phone for families don't get political. >> steve: look what can happen. >> ainsley: disney stock dropped bob iger had to come back. you can have your thoughts and whatever about lgbtq about gender, trans and all of that but, whether it comes to business, it's just not a smart move because you are going to isolate 50% of your customers. >> steve: just remember that when you then go and ask somebody for a favor ultimately ultimately that's what the cotton story is all about. 7:1 in new york city. new york congresswoman alexandria ocasio-cortez is now apparently the subject of an ethics investigation on capitol hill. >> few details about the probe have been revealed but the news fol

, how much is bob iger's ten-year going forward at disney going to be complicated by what's happening the avatar release and the movie studios in general going forward? >> well, the unique thing about avatar is we already know an avatar 3 and an avatar 4 are in the can here, or are being worked on. so this is not your normal film. so that's concerning right, if this doesn't pan out, you're already committed to two more movies, at least. so there's -- i think there's real concern among the disney crew that avatar holds up. but you have to remember, disney is a very diversified company. so the fate of disney does not rise and fall on avatar. it's theme parks, it's streaming business, these are the things that investors are looking at closely in terms of the future of disney, trying to get that valuation up, disney trading at a 52-week low today. so look, i guess bob iger walks into a situation where he hopes there's nowhere to go but up. >> all right, cnbc.com's media reporter alex sherman, thank you very much, mike santoli sticking with us. tesla has been volatile in today's session as

>> well, certainly have to say it is a very different landscape for bob iger running the company nowe around certainly in terms of the broader media landscape, so many challenges in terms of a contracting ad market, questions about streaming subscribers, whether or not we will see slowing growth amid growing competition, and subscribers wanting not to pay for so many services, although i think disney has an advantage because it does have that kids' content that so many parents can't live without. but this question of whether consumers will be switching over to the ad-supported version, which is something that they did just recently launch so these broader questions about the streaming landscape bus ad revenue, but, of course, don't forget about cord cutting and the paid tv business that's all different pressures on the company i would say the opportunities are in the choices that bob iger has to make. he has some choices maybe about espn and abc, wells fargo s speculating last week these are assets he would consider spinning off i think it is less likely, but he has an interesting ch

and how low it could fall the latest bit of bad news to hit the struggling dow is there anything bob iger can do to stop the slide they cease the crypto push failed, and the new twitter twist. we start off with the big growth trade conundrum. all the pieces seem to be falling into place, first interest rates have been dropping sharply, the used on ten-year treasuries down 75 basis points traditionally lower rates are good for growth stocks and then the dollar, and inflation, signs emerging that pricing pressures are abating. all of that should give a booth to the growth trade, but not this time. the ark innovations hitting an all-time low apple dropping more than a per and a half today it is now just 2% from june lows one of our traders has a barn. let's go to kris rone and his charts. >> i think it's such a great leap when we think about what's happened over the last week, they've been so bullish, over the last two months, you have the dollar down, but the big weights unable to respond here i think what is notable, the street still hasn't changed its opinion of the stock yes there's 45 a

with that, cost rationalization while spinning off espn and abc, this is one of the big changes bob iger said he would make with his return to the ceo position. now this. senator kirsten sinema under scrutiny after a former staffer revealed a 37 page guide she allegedly gave to her, we will begin to the defendant's lengthy come into the independent's lengthy list of requirements, one you want to hear about and marines may stop using the word's and ma'am to be more inclusive. david lee miller will tell us how the military is reacting to the latest proposal. president zelenskyy wound up with billions more in aid for his country but he wasn't able to secure more weapons for ukraine. the ceo of the american ukrainian counsel is next. -hey there. -hey. -hi. hey there. how are you? i'm with disabled american veterans. i was wondering if you had a quick minute to thank america's veterans for their service and sacrifices -of course, why not? -oh, sure. -absolutely. -sure. all right. well, come on in here. i'm just going to hit record on this. i would like to thank you from the bottom of my heart

. >> wow >> followed by tim took, jamie dimon and bob iger. >> and can't deny prominent. ways 2022 the year of the ceo. today we rank the best and some of the worse from musk buying twitter to sam bankman-fried's collapse at ftx. bob iger's return, jamie dimon's dire economic warnings which companies are set up for success or disappointment with the 2022 rankings? bring in a school of management senior dean for leadership and cnbc contributor which choose first top five best guys, besties or wofrsties besties. led by a person who's taken this huge company from basically dead money to being red-hot red money. >> i think that you're right, tyler, and, kelly good to join you guys fun to come in end of year busy grading exams of performance of boards and ceos. looking at microsoft, a remarkable story since taken over, satya nadella stock is up, and things done there. just had him with us and bill gates a few days ago gates gave a ringing end endorsement. i was friends with steve ballmer and gates pointed out deserves credit for fortifying microsoft's pureless position after a

what is bob iger's plan?ticking with narrow disney+, marvel, lucas, pixar are going general entertainment and going after netflix and going after -- combining hulu, whatever they're doing -- >> what's your bet and what do you want him to do >> look, i think disney -- the reality is, disney is amazing. theme parks, consumer products, disney studios, theater movies like the big movies, wakanda forever. it feels like disney is best suited to being more narrow and really owning it, selling hulu, getting out of espn. disney is really, really good at what it does and what you know disney to be do they really need to compete across all entertainment that was certainly the concept behind the fox transaction it's not clear that's the direction iger is going to go. obviously, they're losing a lot of money, they need to fix that and we haven't heard he's only been back a week or two. i'm not -- this is not a criticism. it's just that the entire world is sort of waiting to see what is iger going to do. >> rich, netflix h

bob iger announced a few weeks agoe the second reason is cost, and our view is that disney is focusingr on cost rationalization and we think that's going to improve the outlook for streaming. and as the streaming business continue tuesday diverge from the sports business we think it takes two better companies >> a few ofulse were in the room in the summer when iger spoke in code out west where when he talked about the legacy streaming business careening toward a cliff you think comments leak that feed his world view about what's going to happen to traditional tv >> i do. without knowing what's in his mind or exactly what's in the mind of the top leaders what i think is clear to all of us is that the linear ecosystem is in a decline. we think subscribers is going to be down 8% next year it's difficult for networks like espn to figure out what's coming up next when costs are going up and revenues have a lot of that pressure and the streaming business of disney is its own intellectual property, and intellectual property is global in scope which is what makes disney a fantastic brand. >> s

walt disney was down for the month of november after warning of the joutlook an the change of ceo bob iger coming back. a lot of questions of the future profitability of the streaming service given how much the company is spending in operating expenses to get the service up and running. bob iger should have one eye on the white house according to one sdplchlt >> i was ready to be a fund-raiser for him. he would be an amazing leader for the country. i think highly of him. the other was darn chapek was very good and disciplined. 25-year disney guy it is not like we saw any cracks >>> speaking of the white house. emmanuel macron reportedly described the inflation reduction act as super aggressive telling u.s. lawmakers the subsidies would have negative repercussions with europe. macron is expected to have more harsh words when he meets president biden. charlotte joins us with more tell busus about the state visit >> it is the first dinner by the biden administration they know emmanuel macron is a strong man of europe and uk is in the post-brexit trouble macron over there was a set of reset. e

under bob iger, that stock saw 150, almost 200. >> yeah, i don't think it's a buy right now. i think a lot of stocks including disney are too expensive giving the environment we're about to enter next year and the future of growth projections and there's a reason why the stocks are down and there's good value and disney with the woke culture will -- have got themselves in trouble over the next couple of years and a lot of people are refusing to go to their parks, which is the main driver of the revenue. i'm concerned about communcommunications and tech ss heading into next year and there's a difference between the biggest risk of 2023 and most likely risk. not saying in is the most -- saying this is the most likely risk and the small possibility of it happening and biggest risk of them all is a credit card crisis and -- credit crisis and consumer falling to their debt and snowballing into companies to fall on their debt as well and a lot of companies overleveraged themselves in the past decade because of low cost capital and some have never omitterred before a recession and d

walt disney ceo bob iger saying in a statement tonight, "barbara was a true legend, a pioneer not just women in journalism but for journalism itself." here's abc's robin roberts. >> reporter: she was a reporter. a trail blazer. and a star. >> are you ready? we're all set? okay, here we go. ready? you ready? you ready? >> reporter: barbara walters, our barbara, was effortlessly stylish, endlessly fearless, and never afraid to ask the question many wanted answered. >> you found yourself alone with bill clinton in the chief of staff's office, and you lifted the back of your jacket, and you showed the president of the united states your thong underwear. where did you get the nerve? i mean, who does that? >> reporter: over 60 years of broadcasting, she used the question mark to build a legendary career. >> did you get married to prove that you were not gay? >> no, i got married because -- i didn't confront the real problem in my life, that i was a drug addict. >> there are those that would say that you add to the attention. >> no, i don't. >> well, the masks. the mysterious behavior. >> the

i know thiss s is a consensus thought that bob iger is back and why would you bet against bob iger with the stock where it is when where it's trading on the out year, i think he'll come in and start kitchen sinking the current year i think it's going to be a great buy for the next few years here. >> where were you on wall street in 1974, guy would you trade or fade disney >> i was celebrate my 50th birthday it's interesting you said nixon administration because i actually voted for him the first time against kennedy that would be 1960, just so you understand my age here many i'll going to fade disney i don't understand dan's answer, i don't know if he was trading it or fade it but i'll play the game correctly and say fade. if the market is taking a leg lower, disney won't be spared. fade. >>> target having its worst year since 1973 when "the exorcist" was a top grossing movie jeff, trade it or fade it? >> yeah, i worry a little beth about the product mix with the target home furnishings 20% of sales, apparel another 20%. i don't want to make this a would you rather but it's a more cycli

the competition with disney now that iger is back >> i was ready to be a fund-raiser for him.democratic primary, but he'd be an amazing leader for the country, so i think very highly of him and it was darn and have our good and very disciplined and 25-year disney guy and it's not like we saw any cracks and disney is very likely to be a big success in streaming and they've got incredible ip and hundreds of millions of subscribers and they're often -- it will be at least the two of us duking it out for a long time and that's very positive for us because that's what creates strong content against tiktok, you tube, video gaming, et cetera >> speaking of the streaming wars, i sat down with ben affleck and asked him about the business of streaming and when to win in hollywood. >> first, the movie "the way back" it came out the first weekend of the pandemic and i th w my best performance and i knew before the pandemic, nobody will watch it nobody will go out of their house to watch the move bethe alcoholic whose kid died and it doesn't fit that, but i was really happy when they made

. >> [laughter] well, bob iger is back, he's trying to obviously right the ship, we know that avataring over the weekend $134 million in the domestic box office be great for any other studio except when it's avatar 2, most profitable film of all-time and you need $2 billion just to breakeven, so yes, there are some problems there and streaming, you know, we still have pretty lofty level s of 260 million sign-up which is is what bob chapek, iger's predecessor penciled in in the next two years or so. david: we were talking electric cars. you can't talk electric cars without tesla. how is the stock? >> not well because we are poised to go below sub-150. here we are, we're at 145 here overnight. david: wow. >> and you had cathie wood still a believer so she picked up around another 4 million shares on top of the 11.7 million she bought on the dip last week, so kathy, you know, she made her name by calling 4,000 for tesla stock. i think there's a lot of hope that maybe with that elon musk twitter poll he will get somebody else in at twitter soon, so he can focus on his $500 billion car co

>> well first of all they got rid of the ever-incompetent bob chapek and brought in bob iger, who isuch, much better ceo and i think what they have, they have some momentum coming in now and i think what they have, we have the biggest blockbuster that's probably ever going to hit the screen in my opinion in five days -- stuart: what's that? oh, the avatar thing? >> avatar is hitting the screen and now keep in mind the first avatar that came out in 2009 made for disney and james cameron almost $3 billion. now they are coming out on friday, i think they are probably going to do $150 million to $175 million. they could potentially beat the old record. now, keep in mind, stuart. last year, the total gross for theatrically released movies was around 4.5 billion and it's now over 7 billion so disney is going to be able to capture some of that momentum and i think now that the ever-woke bob chapek is out, not to say bob iger is completely in line with our conservative beliefs, but he's better, and i think he realizes that disney needs to take that iconic brand and do what they've always don

seth, i guess, can iger successfully unwoke disney?t's the goal to unwoke disney. i think the goal here is probably to make changes that aren't maybe so dramatic and in your face and noticeable that everybody is going to object and get really loud about it and create a bunch of controversy he has to deal with publicly so i think the left which drives companies like disney and media and culture is not retreating. i think they are noticing that people are just objecting so strongly they have to scale it back a little bit. make more incremental changes that might go unnoticed or un detected. ashley: yeah, but i think it did some damage. there was a lot of outrage over their fight with the state of florida over the so-called don't say gay bill. people are saying they were going to boycott the park and so on, but i always come back to the fact that disney is a powerhouse and i would imagine that was just a small blip, correct? >> they make such great content , most of the time, i think that they are going to continue to be very successful,

now that ceo bob iger is at the helm reporting saver. walton has the latest details. >> the story of disney and desantis adding another chapter, florida lawmakers reportedly are considering a reversal, the special government district that would encompass disney world. this comes after bob iger return to the walt disney company about 2 weeks ago. however, the battle between disney and desantis states back months. here's florida's governor after signing the parental rights in education bill back in march. and you're going to martial your economic might to attack the parents of my state. >> we view that as a provocation and we're going to fight back against that. now, fast forward to december, the senses office sent news nation. this statement saying, quote, the governor does not make you turns the governor's right to champion removing the extraordinary benefit given a one company through the reedy creek improvement district will have an even playing field for businesses in florida and the state certainly owes no special favors to one compa

iger as he tries to navigate this world >> i have huge confidence in leadership i have the privilegeserving on both coca-cola and disney to see the leadership on both sides thinking very pragmatically and also optimistic about the future and knowing what the core assets are. so, our job as a board is to support the decisions and the long-term growth of the companies so that we're satisfying all stakeholders. from what i've seen, again, i'm brand-new, i'm very, very optimistic about the future. >> apparently, you'll have to be thinking about succession at disney that's a story nor another day we appreciate you taking time. >> thank you for having me. >>> textron shares are popping after getting a new deal with the army for next gen aircraft details coming up next oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-

bob iger released this statement, barbara was a true legend, a pioneer for women in journalism but forits. she land many important interviews from heads of state to the biggest celebrities and sports icon. i had the pleasure of calling barbara a colleague. but more importantly, i was able to call her a dear friend. she will be missed by all of us at the walt disney company. and we send our deepest condolences to her daughter jacqueline. dan: a remarkable wife. after southwest airlines melt down right before christmas operations returned to mostly normal. oakland international airport one of the largest hubs in california reported no cancelled flight. there were a total of 43 cancellations. southwest cancelled about 3,000 flights over the past week because of weather and also internal scheduling issues. one family considered driving 36 hours after their flight from ohio was canceled. >> we were contemplating driving home from columbus so we would make sure we wouldn't get cancelled again and have to stay in the airport. >> southwest will offer refunds and reimburse customers for things

bob iger is one of the participants. the ceo of disney and parent company of abc 7. >> protecting children, making them feel safe, is something i am incredibly passionate about. dan: sandy hook promise has trained 18 million american kids in antiviolence programs and they plan to train 25 million more. ama: jewel labs has reached a sector -- juul labs ha a settlement. it covers lawsuits covering 10,000 plaintiffs including school district and native american tribes. many of the complaints surrounded around how juul was marketed to teenagers. the company said in a statement its mission is to still transition adult smokers away from combustible cigarettes while combating underage use. dan: a san jose nonprofit is making sure hard-working families are not forgotten this holiday season. the farmworker caravan is putting out a call to help give stopped stuffings into the hands of thousands of kids. amanda del castillo highlights the motivation behind this effort. amanda: brim and wrapped in plastic. early donations dropped of

iger is back i think movies are going to do better parks are going to do better it's going to be a clean sweep no reason this one should be trading at pandemic lows disney is a stocking stuffer. >> steve, you have an extra gift you have to tell us what it is >> so meta would be the extra one for me we see this thing split into two. everyone's worried about spending and what a drag that the meta verse is going to be on the overall. you see the stock split into two. first of all, i don't think you need the stock picked into two, it would be an enormous level. i think 2023 is probably going to be the year for meta. >>> coming up, our chart of the week shares of one sports brand surging so how should you play the jump the details micong up. live from the market site in times square we are back after this get refunds.com powered by innovation refunds can help your business get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their website, uploaded everything, and i was blown away by what they could do. getrefunds.com has helped businesses get ov

bob iger is one of the participants. the ceo of disney and parent company of abc 7. >> protecting children, making them feel safe, is something i am incredibly passionate about. dan: sandy hook promise has trained 18 million american kids in antiviolence programs and they plan to train 25 million more. ama: jewel labs has reached a sector -- juul labs ha a settlement. it covers lawsuits covering 10,000 plaintiffs including school district and native american tribes. many of the complaints surrounded around how juul was marketed to teenagers. the company said in a statement its mission is to still transition adult smokers away from combustible cigarettes while combating underage use. dan: a san jose nonprofit is making sure hard-working families are not forgotten this holiday season. the farmworker caravan is putting out a call to help give stopped stuffings into the hands of thousands of kids. amanda del castillo highlights the motivation behind this effort. amanda: brim and wrapped in plastic. early donations dropped of

i want to buy iger right here. iger not d-i-d. >> new ticker. the big board.at the nasdaq. software development platform gitlab >> david has talked about how spac performance has been uneven >> uneven is a nice way to put it, yeah >> i have gone over the data i want to be careful the cash flow is very good those are survivors. they pivoted i was too critical there were companies who tried to buy it before it went public. if you went too low, you had a nice put >> remember, tomo bravo has the money in their pocket. >> they're putting it to work quickly. >> they are. >> the deal was only a few days ago, monday morning. >> seems like forever ago. >> like a long time ago. but your point is an interesting one in terms of value that the private equity firms do see whether they're private or public companies vista is another name we mentioned many times they were not there at the same value as thoma bravo >> you need a willing seller and none of the companies i mentioned feels like it's time to cash out. >> meanwhile, jim, what do you look for today when you think ab

now that ceo bob iger is back at the helm. david walton has the latest. >> the story of disney and desantis adding another chapter, florida lawmakers reportedly are considering a reversal, the special governing district that would encompass disney world. this comes after bob iger return to the walt disney company about 2 weeks ago. however, the battle between disney and desantis states back months. here's florida's governor after signing the parental rights in education bill back in march. and you're going to martial your economic might to attack the parents of my state. >> we view that as a provocation and we're going to fight back against that. now, fast forward to december, the senses office sent news nation. this statement saying, quote, >> the governor does not make you turns the governor's right to champion removing the extraordinary benefit given a one company through the reedy creek improvement district will have an even playing field for businesses in florida and the state favors to one company. disney's debts will no

bob iger released this statement, barbara was a true legend, a pioneer for women in journalism but foralism its. she land many important interviews from heads of state to the biggest celebrities and sports icon. i had the pleasure of calling barbara a colleague. but more importantly, i was able to call her a dear friend. she will be missed by all of us at the walt disney company. and we send our deepest condolences to her daughter jacqueline. dan: a remarkable wife. after southwest airlines melt down right before christmas operations returned to mostly normal. oakland international airport one of the largest hubs in california reported no cancelled flight. there were a total of 43 cancellations. southwest cancelled about 3,000 flights over the past week because of weather and also internal scheduling issues. one family considered driving 36 hours after their flight from ohio was canceled. >> we were contemplating driving home from columbus so we would make sure we wouldn't get cancelled again and have to stay in the airport. >> southwest will offer refunds and reimburse customers for t

and i think iger is going to be saying that this is not the kind of money that they should be spending a different quality of storytelling at least that's my sense of -- if i'm going to have this as a teachable moment coming back in, putting creative at the center, one of the key internal themes for them but the real tell will be how this works for the fly wheel what this does for the parks what this does for disney+ what this does for merchandise with all of these sequels coming iger did the fox deal. and the fox deal has been looked at as not one of the good deals that disney did, that they way overpaid, but avatar was looked at as the on brand elementof that fox deal for disney and what they do with it from here in terms of the disney fly wheel i think will have a lot to do with how iger is viewed ultimately in terms of whether the fox deal made some sense or not. >> cynthia, do you -- i go to theaters -- i don't need to see "thor" i have not seen "babylon." what's your favorite of those? none of those people -- i don't know, they're not actors are they just voiceover types. i guess

. >> bob iger is a big democrat donor. he realizes my responsibility is to disney and this company.overnor desantis says we are not going to subsidize you and give you tax benefits if you are cite sizes our policy. disney was built on the backs of florida taxpayers. the other piece is the hypocrisy of all this. disney is saying they are supporting progressive values, then they go hat in hand to china. it's not about morality. it's about hypocrisy and getting an invite to speak at davos. dan: i always bring up the point is what it really is is hierarchy. activists with cultural power, when share holders are involve. they just don't care. they will jam it in your face. this clip aids to the bad week for yofor wokesters. >> 7,000 acres would have on the environment with so har panels. >> there is no evidence it would have any impact? >> what do they do with the sage brush. >> they clear it. >> they remove the sage brush. >> they do. >> you don't think removing sage brush will have an effect on the population? you know what scares me but, stanley, you are serious. dan: people laugh this

. >> but he failed to do -- >> i do not have a sense where iger is on this. wells goes into some detail here in terms of they think espn, abc with linear networks is 2.5 billion in operating income before from depreciation and amortization if they can pull it off, they need to trade 16 times over be bit da that would be value neutral. anything over that would be value enhancing. they could send a lot of debt with espn >> right they could >> help their balance sheet a lot. >> last night i watched espn, football you realize they have not fully used their library i think they themselves have reduced costs at a phenomenal rate since bob rand last time. i like the idea. i like to hear what steve schwartz hurst has to say. >> owns 20% of espn. i'm so glad you mentioned that has certain rights as a result of that. it doesn't mean in any way iger is thinking about seriously. just don't know. by the way, if they are, they'll also be some potential buyers. you may not want to just spin that thing cold. you may want to do something else >> look, apple was dropped out th

more and more people shaking it off and taking the box off of the statue and the latest of when bob igeres over disney and the blow-up of 2.0 everybody is so woke in delta and pepsi and one of the soft drinks, was it coke? >> coke. >> and major league baseball, we got to run thousand now, we don't want to look bad. we are coming out of a woke -- >> the pendulum is swinging the other way. >> we would not know anything about twitter had he not bought it because it was radio silent. >> he's a billionaire. >> this latest thing about woke mind had to do with the bots and it looks like he's going to reveal how many of those things on twitter have been robots. nonetheless, stewart appeared with brian in the first hour and talked a little bit about how multi-billionaire is a disrupter in the best way. >> you can't ignore elon musk. he makes headlines every single day, he loves to be the center attention and he's a major league disrupter. what you got here is big government and big media and twitter executives. all getting together to conspire to deprive voters of political information right befo