the festivities, it has been a year-long project that is finally coming to life for disney and lucasfilm's we feel like we have seen it all, and we have barely scratched the surface. let's check in with sal in disneyland where you have been speaking to one of the top executives. >> reporter: good morning, to all of you, yes, i have with me now, doug chang who is the vice president of lucasfilm's, but most important, doug watches us on mornings on 2, don't you? >> i do, 100%. >> reporter: thank you come in next time you need help with the morning commute, i will help you. doug is a big deal, he is a creative director, but also he has a hand in everything that has been happening. yesterday, i saw you in front with all of these a-list celebrities, harrison ford and all of that. what is that like? all of these people want to meet you and work with you. >> it is pretty surreal, normally people like myself, behind the scenes, we normally don't get much attention, and nobody cares. it is always a treat when we come to an event like this, we get to meet the real stars and we are able to participat

with it one of the company's most monumental tasks to date disney after buying lucasfilm in 2012 for $4000000000.00 spent another 1000000000 on 2 identical parks this one in anaheim california and a 2nd island which is set to open in florida's disney world resort in the fall. we have given so much care and attention to all of the details and i mean everything right we're talking about the lighting we're talking about what you see on the ground there's droit tracks on the ground we use the original model of our 2 d 2 to make some of these tracks on the ground from the 1977 film. galaxies it's just the largest settlement on the planet called but which appeared in star wars books but not on screen the park's centerpiece is a replica of the millennium falcon that will take passengers on simulated flights riders will be pilot gunner or engineer and their choices will change the outcome of the ride. there's also restaurants and bars one way for disney to recoup their investment the other way so many years and tickets at an impressive cost of $149.00 if they're available at all for the 1st

. >> disney bought lucasfilms for owns $4 billion.has totaled was billion dollars. disney hopes the parks will drive further sales of merchandise. the star wars franchise has had less traction in key markets like asia and china. even though, reservations for california sold out within two hours. bloomberg intelligence expects the force to be strong with disney when it reports third-quarter earnings in august. next, battle of the charts. next inrters facing up a galaxy rather close by. this is bloomberg. ♪ ♪ you are back with bloomberg markets. battle of the charts. editor our cross assets and a reporter pitting their best charts against one another. viewers can access their charts by running that function at the bottom of your screen. >>, have a blatant tribute to your city of residence. everyone usually thinks the u.s. needs markets and economies, but actually there is something that may be an indicator otherwise, the hong kong dollar, which is pegged to the u.s. dollar, but there are strengths. in the past year, the strengths have b

disney bought lucasfilm and the rights to star wars for a must for billion dollars.almost $5 billion. disney hopes that the park will drive further sales of merchandise. lesstar wars markets had traffic in markets like asia and china in particular. bloomberg intelligence expects the force to be strong with disney, especially with parks revenue, when it reports earnings in august. that does it for this edition of bloomberg technology. we will see you back here tomorrow. this is bloomberg. ♪ paul: welcome to "bloomberg daybreak: australia," i am paul allen in sydney. emily: -- ♪ ed: >>>> -- here the top stories. the treasury keeps rolling with yields at a 20 month low. the shares is the risk could justify a rate cut. uber

ed: disney bought lucasfilm and the rights to star wars for a $4 billion.ossed almost $5 billion. disney hopes that the park will drive further sales of merchandise. the star wars markets had less traffic in markets like asia and china in particular. bloomberg intelligence expects the force to be strong with disney, especially with parks revenue, when it reports third quarter earnings in august. emily: that does it for this edition of bloomberg technology. we will see you back here tomorrow. this is bloomberg. ♪ >> the following is a paid program for crepe erase. announcer 1: america's number one antiaging body treatment system for crepey skin just got even better. announcer 2: new crepe erase advanced gives faster results and is clinically proven to give you smoother, firmer, younger looking skin. announcer 1: on your neck. announcer 2: chest. announcer 1: arms. announcer 2: legs. announcer 1: and hands. presented by jane seymour.

. >> reporter: the former head of lucasfilm relations began his journey back in 1977. >> there was somethingabout star wars that grabbed me from the very beginning. the characters, the basis in mythology, everything added up to a fun ride. although maybe not as fun as luke skywalker's trash compactor, the rise of rancho ob one did begin in the trash this promotional booklet. >> it came to the guy who covered the movie industry at the wall street journal and he looked through it and he tossed in his wastebasket. i waited for him to leave for the day and thence sort of tiptoed over to the wastebasket and did a little dumpster diving . that was my very first star wars collectible. >> reporter: since then, his empire has grown rare toys and 8000 piece legal display, the ranch showcases every aspect of the star wars universe including works of art. >> we have mostly original art on the walls. i am always looking for the unique. i just got a portrait of princess leia done in buttons. >> reporter: it offers behind the scenes towards. >> they are filled with anecdotes about the items and how i came

. >> we worked really hard with our partners at lucasfilm to make sure we get all the details perfect. go ahead and press the button. sometimes there is a leak in the pressure manifold and we have to work out some of the kinks. >> disney has put a reservation system in place and all of those with reservations will be able to visit the new star wars land. those reservations were quickly snatched up. according to the disneyland website, the only way to get in three june 23 is to stay at a disneyland resort. >>> peter, this one is for you. a touching tribute from harrison ford to the original chewbacca who died last month. he was on hand with mark campbell and billy dee williams to kick off the opening of star wars galaxies edge. >> i have to tell you the last time i was in a disney park with george lucas was for the opening many moons ago of star chores. i thought to myself, this is inconceivable i can be part of a movie that would get its own right in a disney theme park? i mean, i better savor the moment because it will never be surpassed. and yet, look at where we are today. >> star

that was put out by hbo and the second was the red tails which was a lucasfilm put out by george lucas. anyway, they've had worldwide distribution and around that time is all sorts of inquiries that started to come in as far as, we would like to hear from you guys and what you did, and give us a rundown on the history of the organization. to answer the question again, no i don't think we realized how much impact we were going to make on the integration when we were in the service. this became readily apparent after we came out of the service and got more notoriety. >> someone had to do it, right? >> i was satisfying something inside of me. i wanted to fly. i flew, cut all kinds of , so let's face it. that's what was going on as a black person in this country. i came out after the war, put all of my stuff together, retail captured and red tail freed. i wrote this book and it was highly accepted. there was something on the inside of me that made me learn to fly. teaching school, i felt that somewhere young black men needed to learn how to fight the system. the system is vicious. unless y

disney bought lucasfilm seven years ago. paid $4 billion for the property.sume at some level part of these ideas were already in motion. investing in theme parks literally pays for disney. the year that cars land opened, attendance was up 23% and the revenue is the strongest part of the disney empire. i sat down with ceo bob eicher and spoke with him about how much attention to detail they have to pay for all the enthusiastic star wars fans. here is what they told me. >> are imagineers care about details in everything they do. part of the legacy was walt disney, who love to details, too. >> reporter: $1 billion on 14 acres, a serious investment on the part of disney. we also spoke about streaming media, with disney plus slated to come online later this year to take on apple, netflix, amazon and others, head on. >> we spend more time focused on what we are making and how we are delivering it to the consumer and less on what our competition is doing. >> at disneyland, foxbusiness. >>> congresswoman jackie spear today presented the congressional gold medal to o

disney, the parent company of both lucasfilm and abc, opening galaxy's edge, a new section of disneylander: or grab a seat at oga's cantina, but this day comes with a bit of a disturbance in the force. >> look out! >> reporter: fans still mourning the loss of peter mayhew, the actor who portrayed the iconic chewbacca. [ chewbacca sounds ] >> there's never been a movie like it. that is "star wars." ♪ >> reporter: and there are events planned all over the world for "star wars" day including some 5ks in which the participants will be dressed in full costume, which i'd imagine it would be a little bit difficult to run dressed like this. there are also some restaurants that are offering discounts for this holiday. but for some of them you have to go in and do your best chewbacca im practicing that all morning long. right, dan? >> i haven't been practicing my chewbacca, but i do have the tiniest stormtrooper in the world on the set this morning. you see yourself? this is my son alexander. >> he is a young sith lord in the making. >> i keep telling him these are not the droids you are looking f

now the disney/lucasfilm relationship is are soing to a whole new level and a whole new land thanks to creator george lucas and disney ceo and chairman bob iger. >> they realized, let's just buy them. >> reporter: at 14 acres, "star wars" galaxy's edge is the largest expansion in disneyland history. visitors will arrive on a brand new system called the tube. announced in 2015, construction began a near later. now in a few more days galaxy's edge will open to the public. many disneyland cast members have already toured this remote outpost. but you won't find too much about it on social media. disney is keeping most things secret. what we can tell you, the public will be able to buy an alcoholic drink for the firstat an old ca. and they'll be able to walk inside the "millennium falcon" where r2 and chewy played this game of holo chess. >> be careful, r2. >> you may come across the di acha dianoga who took up residence in the trash compactor. disney says there will be surprises around every corner. "star wars" galaxy's edge opens to the public in just three days. from the outer rim world

disney imagineers say they collaborated with lucasfilm to tell a unique story, including iconic detailscreating your own story at star wars: galaxy's edge is choosing whether you're going to be part of the first order or the resistance. just be careful who you do that in front of. >> wait, you. the resistance is active here. have you seen anything suspicious? >> i -- i haven't. i haven't. >> very well, move along. >> reporter: galaxy's edge offers plenty to eat, drink, see, and purchase. just remember, until june 23rd, you'll need a reservation to spend your four hours at the immersive land. >> we want you to believe that you're not on earth anymore, that you are truly on this planet batu, that you are in the "star wars" galaxy, that you are actually meeting these characters. >> our thanks to greg lee. disney world in florida is also getting a star wars: galaxy's edge in august. that's pretty cool. >> i want to go. >> we should go. >> will you go with me? >> yeah. >> he doesn't want to go. >> by the way, one of our very own got the chance to fly the "millennium falcon." >> ginger zee to

. >> disney bought lucasfilms in 2012 for almost $20 billion.lms have totaled $5 billion. the expectation is that this park will drive the desire for more merchandise. reservations for the land in california sold out within two hours. investors expect the forced to be strong with disney when it reports fourth-quarter earnings and august. >> thank you. this is bloomberg. ♪ >> it's time for options inside. up month of may is shaping difficult. stocks are down 6% on the month. yields also continuing -- what do you think of june will bring? >> it is tough to say. what i know between now and the end of june, there is not a whole lot of upside. we know that president trump is supposed to meet with president she. tariffs are probably the only upside catalyst we can count on. over the next 30 days, i don't see a lot of upside. >> let's bring your knowledge of volatility into the equation. the skew index is not doing much. those investors are not too concerned. what do you think? >> i would not say they are too concerned. the most common levels of volati