who knows what will stick or work. >> some do it better than others less moonves, even though i work for him, being a good example. >> but when you hear a pitch for something who ever thought "lost" would be good television. netflix, amazon intel if they get into the business. >> rose: but they're all going to make do the same thing? >> well, they'll be doing the same thing in different ways but they'll have data to help them decide. if you think of "house of cards" which did very well. you have people who like david fincher knew vise. >> rose: great director. >> you have people who like kevin spacey movies. and you have people who watch the british version of "house of cards." if you take that venn diagram and put it to the other you go "oh, there's a business in there." >> rose: and you've got -- as you have suggested, netflix is paving the way but there's also hbo go and google, a huge company, and there's amazon, a huge company. there's intel, a huge company and others may want part of the action. how do they differ in what they want to do to be part of the future of television.

i am told both sides still in talks today with cbs ceo leslie moonves personally waiting on the pressure about this class. the other guy, glenn britt, check out his retirement might have less at stake here. time warner may have the upper hand. if cbs goes dark today, lots of shows can still be seen online, you can still get access to through the internet access. liz: what do you watch on cbs? >> cbs has a right to get the higher fee, they get lots more viewers and time for cable to pay up for the shows that the viewers want. liz: if you miss the eagles documentary on showtime, somebody should really get in trouble for that because it is that good. dennis: i am much more worried about even reruns of "weeds." liz: dennis, thanks. dennis has been covering every story today. it is really dramatic. a lot of action today. there is action here, just 50 minutes before the closing bell rings. carl icahn and michael dell both come out swinging in the slugfest. days before a do-or-die shareholder meeting, the two men in charge of deciding what ii going to happen and letting the shareholders choose.

chief executive les moonves saying the results represented the best quarterly profits. >> let's get more on red hot stocks and bring in portfolio manager at gam co. cbs is one of your holdings. did you like this? >> it was a terrific quarter. strong advertising. they monetized television content, bought back $300 million worth of stock and going to convert the billboard business in a reit ipo it. >> i think the struggle people have with a lot of stocks is they have had monster runs hitting at least 52-week highs across the board here. you're a value investor. at what point do you say these no longer represent quote unquote value stocks. >> we're long term investors. we have very little turn over. cbs had a brush with death. they've done a great job transforming the business but it is 7 -- 60% advertising. >> to mel's point, comcast, the parent -- we have to say that. that stock moved four or five percent today on a pretty extreme of a move. when you see things like that you say regardless of what we think about the space it might be time to pair down understanding these are long term. so

les moonves pulling down 12% than the last year and david zaklav 5% less at 50 million.y rose 16% last year to 15.1 million and the company's net income rose an average of 63%. the average total shareholder return rose 24%. the pay increases of the ceos reflecting the higher values of big stock and option grants given to these executives. the median value of the top 200's equity holdings, a hefty $51 million. sue and tyler, back to you. >> mary thompson, thanks very much. the question of the day, are the ceos worth the pay? 7% of you say yes. the pressure is immense and 29% say it should always be tied to the stock price and 64% said nobody is worth millions of dollars a year. sue? >> tough crowd out there today, ty. all right. the price of admission. interest rates on student loans doubling today. we'll tell you what it means for those finalizing loans for college this fall. that's coming up next. the dow is up 130 points. >>> wall street's closely guarded secret, the bond market is revealed oint active brokers traders work station. interact with live bond quotes, scree

you're not going to be calling up les moonves. >> yes, that's correct.ou look at a situation, and obviously, it comes down to the consumer and what they're going to do in terms of their cable subscription. will they move the cable subscription if there's a blackout on cbs to another provider in that area? or are they going to just, you know, give up on terms of cable and go over the air programming and, you know, over the top programming through hulu or amazon or netflix? so we have seen, you know, in these negotiations most times the content owners are, you know, the higher leverage in these negotiations, and in most cases, these retransmission consent fees are, you know, come to a close without any loss of programming. >> bill, we expect this deal will get worked out, because they always seem to get worked out. last summer we had one between viacom and directv. we always seem to have them. they always seem to get worked out. but will this always be the status quo? will there ever be regulation that keeps this from happening? >> you know, i don't think

the rest of the top five, les moonves of cbs, david zaslav and james crowe.'s marissa maier. as you might expect, a cash portion pales in comparison with its value of the stock and options. equilal says the compensation was $5.3 million while stock and option grants totaled about $9 million. combined, stock and option awards made up 60%. their pay. ellison, for example, received $97 million in options or 94% of his total pay package. now, the so-called golden parachute is still envogue for ceos who choose to or are forced to retire. equilar says the top package went to conoco phillips' ceo after a decade of service. he took home $156 million. much of the payout came from the market value of stock gains he received while working at the oil giant as well as a cash severance, bonus and additional retirement distributions. ross. back to you. >> all right. seema, thanks very much indeed for that. >>> now, we've got more spying allegations. just to recap this story this morning, senior politicians demanding an explanation from washington over allegations in "der sp

shaking things up facing lawsuits from many of the media moguls, including rupert murdoch and cbs' les moonvesit should be but probably inevitable. it's inevitable because it -- people there don't want to subsidize espn, for instance, and -- and they should be allowed to do so. >> barry diller there was talking about whether or not the bundle of content, the cable content would be broken up. in a sign of just how valuable sports is to holding together that cable bundle, no content is more important for live tv or more expensive. this morning kicked off with a panel featuring nfl commissioner roger goodell and nba commissioner david stern. there are an unusually large number of sports teams including red sox owner john henry. another hot topic is apple. as jon fortt has been reporting, a federal judge ruled that apple conspired to raise the price of e-books. the justice department says it conspired to undercut amazon. apple does say that it will continue to fight these accusations. apple's media chief eddie cue is described as a central witness in the antitrust e-book trial and is here along wi

you know, you are talking oracle founder, ellison always paid himself enormously, but za sdmr and moonveslone and mcfey also makes a fortune at liberty. >> speaking of performance, if you look at oracle going from roughly $26 to $36 a share last year. this year they're down sharply, down to 30. the question will be come what happens to their comp, and if they were to include mark and some of the other deputies on this list, by the way, they would have outranked a myer. they would have been the top paid on this list. >> what's interesting about oracle is again because larry ellison is the founder, his pay really doesn't always reflect the company's performance. total shareholder return for oracle was down 24% last year, and every year the board grants him another $7 million block of stock. essentially it doesn't matter how the company performs. they're still going to give him all that money, and then, of course, that is leading to him having a 24% holding of the company. anyone who wants to disagree with him on pay basically is likely to be voted down in large part because he holds such a