and les moonves is no fool. what he said about cbs is what everybody in the business is thinking. >> everybody is covering trump because it gets great ratings. >> donald trump equals ratings gld. >> fox's first gop debate this season sharyted every record all at once with 24 million viewers. >> that's making a lot of money for the networks. >> cnn reportedly charged 40 times its usual rate for ads during the three hour extravaganza. >> trevor: 40 times the usual rate. that's $200,000 for a 30 second ad. i mean i guess that explain whys wolf blitzer has new rims, you know. damn, blitzer. back at it again with the news van. so whatever the media cover donald trump they make a lot of money. and it's equally true whether they are covering news events like the debates or nonevent that just contain the word trump. >> here is donald trump. i think a picture of him, here he is. >> that is an airfield that we may see the trump plane land. >> we have been watching and waiting for the better half of a half hour as donald t

here's the quote from les moonves the head of cbs and talked about the coverage of trump.r america but it's damn good for cbs. he's admitting it's a horrible thing. he's admitting it because all the other people are like, oh yeah. they know it's the truth. it's like the media's in an abusive relationship with trump. >> that's to say they're being abused and they're not victims. they're not victims so for that they're not in an abusive relationship >> larry: america is the victim. >> we will if we continue like holy trump until he's in the white house. let me say this because there's some media conglomerate what you said last was great. good go mr. moonves. the thing is that i'm surprised we're surprised this is the guy. our leaders' are a reflection of our society. we prioritize frame, capitalism greed, everything our society stands for. this is on us. >> i agree with that but there are different types of prioritizing of fame and wealth. are we also a nation that supposedly prioritizing racism and bigotry. that's what we're talking about. >> are we a nation about this? >>

sales,nspecified asset les moonves says cbs plans to hone its portfolio.explore options for its radio division. scarlet: raising a first $2 billion, the silicon valley venture firm plans to use the funds to invest in startups. pre-existingting partners to recommit. a loss of one dollars a share or more in the first quarter, still coping with the fallout of outbreaks. they had predicted a breakeven quarter. that is your bloomberg business flash. scarlet: "what'd you miss?" out incans duking it winner take all primaries. be digging into the financial impact of each candidate. today, we focus on tax reform plans. bloomberg intelligence released fresh analysis. let's start with donald trump. in this way he is like the republicans, advocating tax cuts. >> the biggest of all the republican candidates. $11.5 trillion impact over 10 years in his plans, corporate taxes, 25%, individual taxes across the board, reducing capital gains. the one thing he doesn't want to do is increase the carried interest tax, earned by hedge makes them the lone republican in that area.

les moonves said this ugly circus is coming to town.untry but it's damn good for cbs. that's a disservice -- >> you think all those trump voters have been watching news and listening to the media? >> i think it's a factor. i think the media also wrote off bernie sanders and marginalized him when he began. it's a tough road ahead for bernie sanders. don't write his political obituary for the reasons you cited. he has donor fund-raising. i think what we're witnessing, we talked about the gop crack-up. realignment within the democratic party and emerging progressive force. you might call it the warren sanders wing. elizabeth warren, versus the clinton wing. he's going to amass a lot of delegates and go to the convention and drive a progressive force into the planks and may inspire a new generation. we're witnessing in baltimore black lives matter -- >> if there's a battle between hillary clinton and donald trump -- >> oh, i mean, what do you think? we've seen gutter politics. it could be -- scorched earth politics take on a new meaning. i

but les moonves, this is the boss, the man who signs my check has just walked in. very busy. now this is the scenic shop, where scenery for whole bunch of different shows gets made. one of the many marvels of the broadcast center when it first opened was the largest plastic vacuum forming machine in the capable of making -- a brick wall that weighed next to nothing. pretty cool. >> whenever you're ready. >> jimmy bianco is going to make us something with the vacu-form. >> how long have you been here? >> doing this for 36 years. >> it needs to be painted by flo. >> you have out done yourself. >> thank you. i just realized. i'm hosting the though this morning. >> better go. >> now, "sunday morning" has been on the air for 37 years. but we're not the only show to come out of studio 45. you baby boomers will surely remember captain kangaroo. we're back. thank for joining me on the tour. nice, huh? coming up. >> no place else in the world. >> on the trail at everglades national park. and later, gwen stefani, story and song. >> i just want to tell the truth. with ingredients like r

including redstone stepping down as chairman of both companies, replaced if i philippe dauman and les moonvesxtended thomas dooley's contract as coo, and last month dauman said he is looking for a strategic investor in viacom's studio, paramount. we'll see if we can learn more about the physical and mental health of sumner redstone who still owns a controlling stake in cbs and viacom. guys, back over to you. >> a lot coming up there in may. there may be a hearing on his capacity which could prove important as well in terms of the trust, if he was deemed not able to conduct his own affairs. >> juicy details. >>> straight ahead, tiffany shares are trying to climb back from some big losses earlier this year. will that q4 beat from this morning help? looks like it so far. the stock up almost 3%. when you're on hold, your business is on hold. that's why comcast business doesn't leave you there. when you call, a small business expert will answer you in about 30 seconds. no annoying hold music. just a real person, real fast. whenever you need them. great, that's what i said. so your business can get