i know kevin mayer and i am always impressed by his ability get projects done in hollywood. i see bob iger making a move on candle media and bringing these executives back into the fold. the big news about espn getting into the gambling business, they kicked portnoy out and they added espn. this was a huge win for espn, but getting out of the consumers in a meaningful way and ultimately -- a sports app that could rival any app out there. there are some exciting things but ultimately bob iger needs to focus on content. they need good movies. what bob iger's main goal is besides cutting costs is improving content. ed: there are two competing forces for they try to have cost discipline and reduce content spending. the contents late is impacted because of the strikes. people want good stuff to watch. how does disney get the balance right, making sure they have things that get eyeballs without overspending? ross: the movie business is very hit and miss and there is no real formula for success. over the years disney has had a great run over its long-term and finding tremendous tal

i will say, he's got kevin mayer back, which is a really good thing. it's great that he and milted bob chapek was a mistake bringing kevin back further admits that mistake. this is a company that has to transact, and it's a company that has to figure out its major issues probably no better around to handle both of those so, if there's an answer for abc, i assume kevin will find it >> tom, great to speak with you. always great to get your thoughts, since you are, as guy called you, a stud >> there you go. >> you said it much better coming from you. >> for you tom, thanks. tom rogers >> thanks. >> karen, we were talking about that abc, like, what do you do it's so entrenched in the business >> it's so entrenched, and, you know, the headwinds that the business faces, who would want to buy it? >> right >> i don't know. that's interesting, does this make kevin mayer the, you know, the anointed one when ultimately bob iger does step down? i don't know >> seems like they have no other candidates >> but -- i don't know, i just -- it's -- when we were talking ab

. >> tom sax and kevin mayer as consultants back in. do you think this could pave the way for decent news or clearing of the decks in terms of the bad? >> yeah. yeah, and i think this is -- when it comes to disney we're going to have to really see how things play out, but especially, too, they're going to have to see what happens with streaming. espn, i think, has been a big hot spot for them. if they can't further monetize that, that can help them out earnings help them, that's great. but we're going to have to see how they report. >>> meantime, let's get to oil seem like it's on the mend up 13% in the last month, touching a level it has not seen since 2019 but can the sector pump higher let's bring in the chart master, carter braxton worth of worth charting what's your take here? >> pump higher, i'm in this camp let's look at charts and figure it out together. first let's look at crude. we know we have the ukraine invasion crude prints 130 a barrel. remarkably, wall street puts out price targets as high as 250 it's a classic example o

but what's interesting here health insurance going on in the disney kingdom is all of a sudden kevin mayer assets, whether it's going to be a spinoff or find strategic partners for broadcasting and abc and other cable channels, the opportunity for investors is put that aside, let's look now at the new disney, which is parks, as well as film theatrical with streaming. that's good but i think why the stock is not up today is because a lot of investors have questions whether you're going to have the profitability of streaming as we had for decades with cable pay tv. >> is that a question? i don't know if that is a question i mean, you can look at the margins that netflix has versus the margins the media companies had call it a decade go and you could say it's completely different industries even. >> if you're an activist, you could say break up the parts to streaming. i think bob iger shouldn't be just thinking about those executives in entertainment but he should be talking to larry at general electric or ed breen at dupont because we have to unleash the underlying value for it to go higher