. >> media continues to be in focus and i will be joined by john malone, chris winfrey, jerry bruckheimer and others from liberty investor day and calling it quits capri tapestry no surprise that the market is reacting and they are abandoning any plans to merge and the deal was blocked by a federal judge. >>> let's get to disney. up sharply in the pre-market the company benefits from profitability in its streaming business as well as box office successes from films like deadpool and wolverine and inside out 2. it will be the best reaction to earnings in a few decades. >> i am used to short-term guidance and used to hearing okay numbers when it comes to streaming and not used to good numbers when it comes to movies but used to hearing quantity over quality with analysts comments and i am used to a few local movies thrown in here and people say that ruined things. i don't know. i am not that woke so i don't know but i will say this hugh johnson is making a difference and this is the kind of thing you hear where you feel really good about this with an immediate 12 this will be one of those w