julie boorstin is on the red carpet in hollywood with the latest. >> reporter: the red carpet is under covered by white plastic. big picture win is the highest honor in hollywood and ameazon s the first-ever streaming company to be nominated. "manchester by the sea" has five other nominations. amazon bought the film for $10 million at last year's sundance film festival which grossed $60 million. amazon catapulted it past netflix whose "thirteen" was best documentary. amazon is a threat not just to netflix but to the hollywood system. it's raising the bar of how much both netflix and traditional studios have to pay for films and tv series. last month amazon out bid major studios on a number of sundance films, writing one of the biggest checks in the festival's history. amazon spending on movies is minute compared to the total $6 billion that jeffries project it will spend on content this year make being amazon a frenemy. there's another tech rival for hollywood predicting apple as it launches originals this year will win an oscar in the next five years and spend $7 billion on original c

julie boorstin has the story. >> reporter: that's right. bob iger has had a remarkable run.ot just growing disney stock by 360% but also transforming the company by buying pixar, marvel and lucas film. the "wall street journal report"ing disney may extend his contract for a third time. it expires at the end of june of 2018. disney isn't commenting and no update on the company's ceo search since last spring when iger's heir apparent announced his departure. disney has said it's looking internally and externally but there's no obvious successor. the two internal names are ben sherwood and head of disney's parks. neither of them has much experience as former ceo stags or as iger had. it's worth noting iger faced skepticism when he took on disney's top job criticized for mixed track record at abc and faced a lawsuit from disney about the process that selected him. we can expect iger's succession or contract extension to come up on disney's earnings call tomorrow afternoon. >> we certainly can. let's talk more about bob iger's future and what's ahead for disney. joining us is jam

julie boorstin has the numbers. >> reporter: well super bowl ratings were high but not as high as last.3 million tv viewers, in line with the 2012 super bowl. down from the record set in 2015 when the patriots last victory drew 114.5 million viewers. now including streaming video on fox sports go and fox deportes the total number rises to 117 million makes the second best super bowl platform. we'll hear more about the big game treernd ad rates when box reports. tomorrow afternoon disney reports focus is on the ceo bob iger. he may extend his contract for a third time. disney is not commenting. no official update on the ceo search since heir apparent announced his departure. >> disney reports earnings tomorrow. what should we expect from the media giant? stan, i'll start off with you. was there a risk premium embedded in disney shares because of the looming departure of bob iger. does that get taken out of the stock and the stock goes high center >> the premium is always there. the risk is always there to the down side. we believe that anyone who takes his place would be viewed as a neg

julia boorstin is live outside their place in venice, california. on the beach, julie tyler. a block from the beach in sunny venice, california. this beautiful locale comes with its share of challenge challeng. why snaps headquarters poses some risks after the break. ♪ when you have $7.95 online u.s. equity trades, you realize the smartest investing idea isn't just what you invest in, but who you invest with. ♪ isn't just what you invest in, but who you invest with. if only the signs were as obvious when you trade. fidelityty active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. >>> snap continuing its road show in new york today while many of its employs were back at its headquarters, nothing like the typical silicon valley campuses or high rises, no, no, no. in venice, california. that's where julia boorstin is, with its unusual headquarters, advantages and drawbacks. hi, julia. >> reporter: behind me is snap's main headquarters, unlike any other company. snap