david: pete selleck, bringing a lot of jobs to the united states. for coming in, pete. appreciate it. >> thanks, david. good to see you. david: good to see you as well. lori? lori: great story. some say the music industry is dying. our neck guest says it is definitely not, just different. he will explain exactly how. david: it's a battle over middle earth. we look at a billion dollar rift in tinseltown who gets profits from "the hobbit" sequels. there is a big fight going on. you want to hear about this. ♪ ♪ [ male announcer ] if we could see energy... what would we see? ♪ the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowinthrough the devices that connect us and teach us. ♪ we'd see thatlmost 100% of medical plastics are made from oil and natural gas. ♪ anan industry that supports almost 10 million americanobs. life takes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using energy responsibly has never been more important energy live

. >> pete selleck, what does the tire cost? is it going to cost me $5,000? will cost you a little more than that, tom. , the technology and innovation -- the reason michelin tires are so valued by our customers is because of their performance and their reliability and innovation. clearly, it is a good buy. >> you did your graduate work at clemson university. with the fourth infantry of the united states army. tell us about the manufacturing wars in america. do you have any sense that michigan, detroit, can compete with the advantages you have in south carolina? >> we have been in south carolina now for 40 years. every company has to decide what they're going to do. we came here for a number of reasons. first of all, the infrastructure is right for us. and the access to ports, in particular. >> come on. i will buy all that, but it was a union differential, wasn't it? au went to south carolina for low wage. have those wages grown on a real bases in 40 years? yourm, i don't agree with hypothesis. we operate 14 plants in the u.s. three are unionized. the pay and