we will talk to the showtime ceo.imm: jeb bush may be on the verge of making his financial -- presidential campaign official. he has been tweeting about a major announcement scheduled for june 15. there is no such mystery with former texas governor rick perry . he will officially announce his candidacy than the hour, hoping for a better outcome than his 2012 it. we will bring you his announcement live. now continuing with our top story, the warning. international monetary chief fund says the economy would be better off with a rate hike in early 2016. christine: we believe the trade-off between starting to disinflationking and having to return to lower risk ofhigher than the slightly above 2% inflation going forward. betty: in the past hour, bloomberg view columnist mohamed el-erian weighed in on the imf message. >> it is very unusual for the imf to be so specific index listed about a policy action, and it was today. it told the fed it should wait until 26, even though the data remains very fluid. betty: it is unusual.

betty: how does this impact showtime? h today. about dis i know showtime is on sling tv.ll be. how does this over-the-top likeing impact something dish acquiring t-mobile? >> they now in addition to their satellite dish business now has a gigantic wireless device business. it makes them a bigger potential distributor as a technology continues -- the technology continues to evolve. charlie needveryone nee this? matt: he did not mention anything about the t-mobile deal. he is an aggressive guy. betty: he is a standalone guy right now. matt: he is. up, wti backs up the $50 level before tomorrow's opec meeting. why they are expected to keep production levels unchanged. ♪ scarlet: welcome back to the day.berg market we have less than two hours to go -- crude settling near its low of the session, back to the $58 level. i had to bring in alix steel for some context here. we talk about oil's weakness. the big opec meeting is tomorrow. what is the linkage? alix: the underlying theme is not whether or not they will cut , but increased their quota. quota, isise the telling the world

. >> it's showtime. >> it's showtime. >> showtime. >> showtime ceo matt blank is here to talk streamingnd give us a sneak peek of the hit show "billions." >> let someone in a government office tell me what i can and cannot buy i might as well close the shop. i'm not closing the shop. >> the second hour of "squawk box" begins right now. >> announcer: live from the beating heart of business, new york city. this is "squawk box." >>> good morning, again. welcome back to "squawk box," everyone. this is cnbc. first in business worldwide. i'm becky quick along with joe kernen and andrew ross sorkin. some red arrows for the u.s. equity markets this morning. the dow futures are off, but right now down by about 63 points. s&p future is weaker as well. down by just about nine points and the nasdaq down by 29. >>> take a look at the losses in the european markets. the dax down by 1.4% and the cac, in france down by 1.3% and a lot of this coming as yields have risen for all of the european treasuries and right here in the yooupunited states as well. >>> finished talks with eu officials and he sugges

you're discussing showtime possibly doing that as well. seen a massive platform shift here and i think the nfl will help us lead the way there and hopefully we'll have more of it to come. >> brian, so much of live streaming is an experiment. even the economics in a couple of months ago it wasn't clear how the economics of something like this would shake out. i'm wondering how you decided to let whoever your partner would have been, now we know it's yahoo. keep the advertising revenue? >> well, i think you know, again, this world as you know and as everybody there knows, moves in light speed. i think the online advertising market is much bigger than it was one, two, three four years ago. i'm not sure we would have done this four years ago. but four years in internet time is a long time. and when you see the dollars shifting from television and other mediums to digital platforms, to mobile platforms, as at an accelerating rate. while it still may be in its infancy. it is moving quickly. so we think that there is plenty of advertiser demand,

, cbs will offer showtime tv service over the internet as a standalone subscription.month and will initially only be available on apple products. apple, ipad, and apple tv. alix: 10 million or so people pay for broadband internet service, but we do not pay for cable. so we kind of live and die by these apps are credit suisse had a note out siding cbs as one of its favorite picks, saying there are a lot of growth opportunities for those with the best content as viewers shift from tv, cable, to more online. scotus cbs worked aggressively with the cbs all axis late last year -- scarlet: cbs worked aggressively on this. still ahead, ims hill -- i am still mourning the loss of the rangers in the stanley cup finals. i cannot bear to watch it. ♪ alix: tonight, the chicago ofckhawks play in game one the stanley cup finals. scarlet: very good. new york rangers fans, like our director, four dr., and me are still licking our wins after the rangers lost last week. dna shelled and not play favorites, but come on, it would have been better if the rangers made finals for the second

earlier betty liu spoke with the showtime ceo.- a terrific audience of device owners we think will be a great target for showtime. and sony playstation view, cloud-based streaming service, they have a gigantic number of connected way stations. that is an untapped market for us demographically in terms of the sheer number of the ball connected to a sony playstation device. we feel strong about the opportunity there also. will be $10.99 per month. the top-ranked analyst covering htc warning the company nightmare is not over. last week they cut the orderly sales forecast by more than a third. that led an analyst to slash the price target by 37%. losing htc will keep market share and money. pharough will get a two week vacation before he returns to racing again. he returned to kentucky after winning the belmont stakes. running a few more races before retiring to stunt duty at years end. a look at the top stories we're following at this hour. general electric on the verge of a $12 billion deal. bloomberg news reporting ge will sell mor

will be a great target for showtime.y playstation view cloud-based streaming service, they have a gigantic number of connected playstation's. that is an untapped market for us. we feel really strong about the opportunity there. alix: the service will be $10.99 per month as long as they have homeland. coming up, apple's developer conference is underway, we are going to run under the biggest highlights, including apple's 's and musice service launch. .ejected again at the close of the next hour it shakeup.suite all of that and more coming up on the bloomberg market day. stock we are watching closely today is deutsche bank. investors welcome a new management overhaul to germany's largest bank. john cryan will be the next ceo. german chancellor angela merkel spoke about the executive change, appearing not surprised. : it was a decision taken by the company. it is not really a surprise. i don't really want to comment on that. i want deutsche bank to be they take their own decisions, as does any other company in germany. ousti

and hot dogs, showtime." showtime." thousand drive-in theaters...hat boom would be short- lived ... the rise of home entertainment ... and soaring land prices ...oth hit attendence hard ... ==sfx_thunderdryrumbles pe05090 @ :00== not to mention ... drive-ns were always at the mercyf mother nature ... the drop-off was ratheruick ... something drive-inperators tried to stave off with added attractions. like restaurants and playgrounds ... "we've got delicious sandwiches with all the trimmings and your other dinner favorites, plus whatever you want to drink." but by the 1980's ... outside competition ... everything from v-h-s ... to multiplexes ... was becoming too difficult to. and more than three quarters of drive-ins had closed ... but after a lull of about 20 years ... the amusement ofa bygone era started to enjoyal .. "drive-in movie theatersre making a big comeback." "there's no denying theood wholesome appeal of therive- in." in small corners of theountry ... several hundred drive-in theaters remain ... standing as novelties more than anything e

cbs is offering its showtime cable network channel as a standalone subscription on broadband. be available next month to apple tv customers for $10 and nine cents a month. launched a digital service that gives viewers access to the network's current series and a number of older ones. scarlet: apple is recalling its xl speakers after a customer reported it overheated. there were eight reports of problems with the speakers battery. says customers can apply for a $325 refund on its website . ready for more flash crashes and more market volatility. rules designed to help make the system safer have also made markets less liquid and more prone to sudden swings. global fixed income and equity markets seemed reasonably balanced. scarlet: one of the sources of those swings, perhaps greece. lexus service has a message for his country's european creditors. let's get real. message. tsipras has a a final proposal to break the stalemate over bailout funds. --ditors have been asking the ecb president says any plan must accomplish several goals. draghi: the council wants greece to stay in the

"masters of sex" returns sunday, july 12th at 10 on showtime.>> announcer: the jimmy kimmel live comedy series is presented by at&t. >> announcer: the jimmy kimmel live comedy series is presented by at&t. >> jimmy: our next guest is a young comedian from the bay area who, with your permission, is about to make his network television debut. please give a warm talk show audience welcome to jesse elias. [cheers and applause] >> thank you. it's good to be here. i grew up near the city of san francisco. and a while back, they passed a law banning the sale of happy meal toys. they're, like, we don't want kids getting fat on junk food. so they outlawed the part of the happy meal kids don't eat. like to me, what they're saying with that law is we don't want kids getting fat on junk food, unless that's what they're really about. doing this because you like burgers, not because you like a bug's life. they're like, collect all six, but it's hard. because each time it's random which one you get. i was a poser, i ate the happy meal just cause i wanted the to

hbo and showtime offer a different product to nbc or cbs.hat is the environment that vimeo has always provided. vimeo has thrived from its founding, even with youtube, because we are offering a different environment. betty: but if youtube is offering that environment for free, again, why pay for it? youtube will say, i will curate premium content, because i have a billion unique viewers a month. audience doesrge not necessarily make you great at curating premium content. addition, to get to the specifics of your question, there is also the opportunity for ardent fans to pay for content first. four youtube, one of the challenges is, the expectation is that it is free. people value youtube because it is free. it is not a problem, it's a massive advantage. they have the scale. is an environment where people expect and enjoy free of advertising, so therefore, we believe they are willing to p ay, and it's a better place to create your content. , itle realize with vimeo will be free of advertising, will be more nearly presented, and are willing to

showtime will stream next month.s you can totally ditch your cable bill in time for the premiere of radon is in the hot show and masters of sex. it used to be 11 bucks a month. that is more than netflix, the less than hbo now which is $15. cable, media, content companies go into the cord cutters. they're a 10 million cord cutters in the u.s. looking to save money by getting rid of the expensive tv subscription. this is big for apple and showtime for now the only stream on apple devices. all my friends, the ones who move to cut the cord and we are older. that is a millennial thing. nicole: our cable bill is ridiculous. probably over $200. tvs in every room. sandra: coming up, a a while tries to get its mojo back. can it really ever be cool again? then, a look at what u.s. stock futures are doing a signaling the dow futures down 100 points. stay with us. ♪ sandra: welcome back, everybody. this is "fbn:am." i want to look at oil because we have this key opec meeting couple be happening where opec will decide what they a

"masters of sex" returns sunday, july 12th at 10 on showtime.as. ♪ >> announcer: the jimmy kimmel live comedy series is presented by at&t. i'm whoopi goldberg and new york is my home. there's no place like it in the world, and no better place to lean about the people who shaped who we are today. hear about the lives of slaves in colonial new york and about the fight to abolish slavery. pick a stop on the underground railroad and visit the home and grave of one of new york's most controversial citizens. a journey in new york is a journey through history. plan you next trip at iloveny.com/summer. there's something for everyone. how's it progressing with the prisoner? he'll tell us everything he knows very shortly, sir. as you were... where were we? 13 serving 14! service! if your boss stops by, you act like you're working. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. >> announcer: the jimmy kimmel live comedy series is presented by at&t. >> jimmy: our next guest is a young c

. >> that was showtime. headed back to the arena. they work together.rguably the toughest job at the rodeo. make sure bull riders don't get hurt. i asked him to put on one of our chaser go pros on. [inaudible conversations] >> on that ball. every woman string him on. really incredible. >> doing this so long. sykes 2nd nature. he does go through things in your mind. as quick as they are we can get around them. >> you know the difference between that and my ex-wife? about 5 pounds. >> this is taking over. the picking up. >> i think they are. coming back. >> a whole rodeo culture. these men cavil -- travel with the families. >> cotton candy. >> a famous quote. only three only three sports in the world motor racing club mountain climbing, and bullfighting. his philosophy was you can't get killed doing it is not a sport. next time you go you can say it. i was waiting to use that the entire time. >> you here to teach us all some manners. >> came out with beaumont etiquette. the high class. pretty much always. are you tired of hazardous glass made so clear by

. >> showtime. teesixteen. >> your investigator in new jersey. jersey.ou. >> i'm tamara. zero my god. bill: what do you have? >> found private parts. ♪ >> sibile, murder, crime drugs. can't get any worse for the residents. >> the street has been terrorized. bill: chasing nazis. >> named one of his songs adolf hitler. watch "chasing news". ♪ bill: ready? three, two. ♪ bill: now on "chasing news". ♪ >> "chasing news" is the next generation of what news can be the next evolution of what a newscast can a newscast can be. taking all the modern technology we already have around us cell phones ipads, and using that together news. we are we are crowdsourcing the news to my getting it from the viewers. they're telling us what they want to seek what they want to whether it's through twitter, facebook, a webpage, or just out and about meeting people. we are not in an ivory tower. our tower. our viewers are telling us what they want. has an impact. people sit up take notice and say this is interesting. this is fun to watch. ♪ >> meet angelika gimenez angelica gimene

has secured and showtime service will begin in july and cost $11 a month.will allow viewers to watch without signing up for traditional tv. yea, homeland. and netflix is teaming up with actor brad pitt. the company will produce "or machine," a satirical -- "war film witha satirical brad pitt. those are your top headlines. from st. louisw is scott wren, senior global equity strategist at wells fargo investment institute. is negative on the year, but you are looking at 6% to 10% total returns. where are we getting this? earnings growth will be what drives it. a better economy here. better, but a little bit better will drive it. and europe will also drive it. right now, looking at earnings estimates, and coming into the least in our opinion the convinces estimate was too low. it was certainly too low in the first quarter. the consensus estimate was too low. it was certainly too low in the first quarter. virtually every quarter i think we will see the consensus move up. the full year number is going to be higher as a result. there is a lot of uncertainty out th

. >> just like this jazz band playing showtime at the women's world cup. the international jazz festival is just a way for soccer fans to kill time before the big match. team usa was on the pitch for a pregame training session in front of the media. the best actor buttes. it team -- speed, team spirits. ask the best thing about us -- >> the best thing about us is we are different. something we have in our back pocket that we are able to be so different in each game. >> the u.s. have played a variable game but they have yet to hit top gear. the 35-year-old will be starting against the germans in the hope of giving america a much-needed boost up front. >> of court -- of course we know she is an exceptional player. we need to be able to combat her. >> high score in germany also need a boost following a shaky performance against france in the quarterfinals. the coaches demanded better pressing and more attacking. sylvia knows that a similar performance could and germany's title hopes. -- end germany's title hopes. >> that is why we have the show our playing an

[ cheers and applause ] the series finale of "nurse jackie" airs sunday, june 28th on showtime.ral snapple and we want you to love it too! snapple's born in new york. it's one tradition that's never going out of style. snapple is more than just a drink. it's got simple ingredients: real sugar, real tea. salud! every time i open this and i hear that pop. (mouths: i love that pop!) new yorkers love it. you're gonna love it too! snapple, made from the best stuff on earth. new fructis is your hafull & plush.ickness? with pomegranate and fibra cylane. it expands and strengthens each strand. get big, bigger, massive hair. fructis full & plush. the strength to shine. garnier. verizon say neversettle. t-mobile agrees. never settle for verizon's overpriced gimmicks. try the un-carrier risk-free for 14 days you'll love it, or we'll pay for you to go back. will you be a sound sleeper, or a mouth breather. well, put on a breathe right strip and instantly open your nose up to 38% more than allergy medicines alone. so you can breathe and sleep. shut your mouth and sleep right. breathe right.

i love showtime. i love taco bell. this is all good. thank you, jill. >>> when we return late show warmup. comedian stephen colbert appears in a nude video with a different look as he prepares for his late-night hosting gig. flavored with exotic fruit juices. it's chocolate and fruit flavors like you've never experienced before. discover brookside. if you can't put a feeling into words, why try? at 62,000 brush movements per minute philips sonicare leaves your mouth with a level of clean like you've never felt before. innovation and you. philips sonicare. ♪ to you, they're more than just a pet. so protect them... ...with k9 advantix® ii. it's broad-spectrum protection k ills fleas ticks and mosquitoes too. k9 advantix® ii. for the love of dog™. . >>> here's a look at today's forecast in some cities around the country. >>> the "late show" with new host stephen colbert doesn't debut until september but we are getting a preview. >> i still exist. my show went off the air in december and you have not seen me much since then. >> on wednesday

adrien broner takes on showtime shawn porter. up first, the undefe

showtime to go. netflix.ean, the entire -- >> well, people have been predicting for 20 years that tv would get unbundled, the idea that you have to buy this whole package and now it's happening. like a dam breaking. >> i cut the cable cord. i just use netflix, amazon.com. i have my hbo now. >> what about "morning joe"? >> and you can actually watch those things online now. it's great. you can schedule when you want to watch stuff. >> this is what i said about a month ago. that the kids the kids, just like ten years ago, they stopped putting in hard lines into homes. used to be every apartment, house, first thing you'd do, call the pow every, theer, cable, phone company. very few people do that fp. >> really? >> my kids don't do it. >> your kids don't have cable? >> don't have cable. they find it online somewhere. one actually went out and got an antenna so they can get the over the air for stations. but they don't understand why they should pay for cable. >> that's stealing. >> that's completely legal. >> the

showtimering to offer cable channel as a standalone subscription on broadband.will be available to apple tv customers for $10.99 per month. last month cbs launched on all access service giving customers access to new and old shows. a first for the nfl and yahoo!. the league has signed with yahoo! for the first three global stream of a live profile ballgame. yahoo! will stream the matchup between the jacksonville jaguars and buffalo bills on over 25 in london. because of the location the game a.m. eastern 9:30 time. a look at the top stories of this hour. coming up in the next half hour, mario draghi says his any plan is working. the latest on his forecast for economic growth in europe. is russia gearing up for a war on the economy? activity thatt shows russia has started the largest military buildup since the cold war, and no one knows about it. the tennis star maria sharapova on the cover. the magazine's new focus on luxury for all. for more on the top story today, the touchdown for yahoo!, the company chosen by the nfl as the partner in an experiment to stream

content players such as hbo introduce a direct to consumer over-the-top service itself. , hbo now.ase showtimeeon. we have seen a lot of premier to leavewners decide were introduce a service direct competitor to netflix. we will see to what extent consumers take up brands like hbo and what impact it has, if any, on netflix subscriber stories. gil: i would take a little bit of a nuanced view that we actually think possibly compare to three years ago, it is a safer investment. three years ago, it was still unknown whether or not the likes of amazon or google or apple had come into a space in a bigger way. three years later, netflix has achieved a scale and competitors are still nipping at their heels and are still behind at this point. you can make the case is a safer investment than years ago. was 37% of peak traffic in north america. but one game of thrones came on, that fell to 33.5 percent to what you make of that? some content is still king. gil: i would argue their content has become king in a lot of ways . there has been a home run for them. orange is the new black season three comes out

cbs is adding showtime as a partner for its set-top service over the internet.ce begins in july. it will allow viewers to watch shows without signing up for conventional a television. theanyone with claims from gulf oil spill has until midnight to father claims. so far over 320,000 claims have been submitted. bp may have to take $10 million to settle all of those claims and warn investors the amount could be significantly higher. the u.s. supreme court has turned away a national rifle association challenge to a sentences hogan lopp. the law requires -- to a san francisco gun law. the law requires people to store their guns in a box with a trigger lock. your top stories at the moment. in washington, the obama administration is working on its trade deal. they are trying to convince the reluctant house democrats to houseim house democrat -- fast-trackhim trading authorities. i am joined by peter cook and agricultural secretary tom vilsack. peter, is he concerned? peter: i asked if he could get it across the finish line given the resistance from members of the presi

everett and jones barbecues covered with blue and gold and there's a feeling it's showtime for the city. >> the warriors are in oakland and they need to bring the fun and everything to oakland. >> with a massive media presence in town oaklanis hoping for a chance to shine in the stories that will be covered off the court. >> i would love to see the focus on the fact that it's a diverse and vibrant comnity. >> at oaklandis they sell all things oakland there could be publicity from thebet that the congress woman has made with the ohio counterpart, it includes a tote bag, hopefully no payoff and at the brewery has learned that senator barbara boxer has made a bet with their oakland beer. >> these people are seeing the attention that is being given to the local businesses. >> they are hoping that the cames will capture the images on of the cranes on the waterfront waterfront. >> i feel there such a buzz and a glow about the city that more peopl need to see it. >> all eyes on okoakland, especially if the warriors win. >> oh they are going to win. >> abc 7 news. >> as a teen-- teenager lebn j

cbs is offering showtime cable -- cable channel as standalone subscription right band.ble next month for $10.99 per month. last month cbs launches digital service that gave access on a number of older ones. american pharrell -- ferro has pharaoh hasamerican arrived. he will try to become the first triple crown winner since affirmed in 1978. affirmed was the last of the 11 crown winners. that is a look at the top stories we're following at this hour. tonight 8:00 new york times, chicago blackhawks play the tampa bay lightning's. fans of the rangers are still licking their wins. although the national hockey league does not play favorites, it would have been better for the league if the rangers were in the finals. >> it always helps to have one of the original six teams in the stanley cup finals. when that has happened, ratings have gone up. tworangers had one, expansion teams would have met in the finals. boostedt would have ratings. the most recent time was 2013 when chicago played boston in a six-game series that averaged 5.7 5 million viewers. new york is the largest m

and cbs is said to be preparing it showtime cable channel as a standalone subscription on broadband.ccording to the entertainment trade magazine "variety." the announcement could come as early as today or tomorrow. and access to the new and old programming. welcome to the world, college graduates. make lessege grads now than 15 years ago adjusting for inflation. the average salary just over $37,000. men's wages have barely increased, while women salary sell -- sell almost 7%. those are your top stories. crafting luxury timepieces since 1875. its latest watch continues the tradition. lap timeroak concept michael schumacher says only 221 will be produced. the price is $230,000. joining me is the north american chief executive. as well as a watch expert. why does this at michael schumacher associated with it? guests: the watch has about five years of collaboration with michael. inget it working with him 2010 and he came to us with a challenge. watch a can you make a system working at the same time? uswas a big challenge for and he has been a big person with attention to detail. it means

either way, for an additional $9 a month, you can stream showtime on hulu. a major partnership. everyone competing with netflix. nicole: it will be interesting to see whether the younger people love it because it is the most profitable show in history. the final finale, 76 million people watched. train to hulu is also making great steps. hulu has been stepping up, paying for shows, trying to compete financially with netflix , particularly empire, file, "wall street journal." don't miss "mornings with maria" today. maria will give her viewers an inside look at the deal about "seinfeld" and the mystery guest. can that this far into the 8:00 hour on "mornings with maria." more on the retailers rush to pull confederate flags from their website and their store shelves. amazon the latest to make the news. allie baba as well. more on that for you and google adding a new gmail feature to take back the regrettable e-mail you sent out. look at your u.s. stock index futures. some losses there, you are watching "fbn:am," your first look at morning market and breaking ne

scarlet: it is showtime for internet television.etwork is the latest to paul in the trent -- fall in the trend. mark: stephen curry takes the brain to the nba finals. will it be a slamdunk? -- takes the brand to the nba finals. will it be a slamdunk? scarlet: 2:00 p.m. in new york. mark: i'm mark crumpton, here with scarlet fu. scarlet: the bond selloff has stalled. it is equities turned to fall. the s&p 500, dow and nasdaq down by about

much like magic johnson when he entered the nba and created showtime, we tell our tailors that it isnough to just tailor the garments. they have got to make it entertaining and fun. take: where do you want to ztailor? where do you see in the next 12 months? how many people are working for you? george: we have a number of ideas in the business. outside of new york, nobody knows. we have a lot of very interesting ideas. apparel andonline everybody orders now online. in the stuff sort of fits. and now here we are at the center of that, able to send tailors to every home in america to make this purchases fit correctly. betty: and not just meant by the yoo.women, to pick and and you own how much of this company? george: i unless the half. -- own less than half. betty: so how much that it cost to start this business? george: we have about $50 million invested in it right now. betty: that is actually quite sizable. george: it is. that is because we decided when they started in san francisco, we decided to start in the entire country simultaneously. ilor is available in every place in americ

the atf called it operation showtime. >> those that made the initial entry, their concern, where are the children? they had candy bars in their pockets to give out. chocolate for the kids. wow. >> an atf agent named roland was assigned the dangerous job of actually serving the warrants. he never even made it to the front door. >> a barrage of gunfire went right through the front door. he got his thumb shot off. >> camera man. hey, cameraman. >> ambulance, got it. >> how could these guys just start shooting at us? >> the morning of february 28th, 1993, i will never forget. >> crisis negotiator byron sage is the first fbi agent on the scene, arriving some 75 minutes after the shooting started. >> had i got there a little after 11:00, gun battle was still raging, which was significant. the average gun battle and law enforcement lasts about two seconds. this was a gun battle that had raged now for well over an hour. >> certainly there was some that shot back. we're not denying that. that weren't trusting of us. we were not too trusting of them because they were continuing to shoot. >> bu

you have showtime stand alone. amazon prime, you have hulu is ramping up, you name it everybody is on the on-line content, better get out the way. neil: you can look at it and immediately say, well, all those-- back to arguments notwithstanding, anytime a company that is a very rich stock, cuts it down to size so it's affordable in the short-term, it's good. would you agree with that? >> in the short-term it's good. analysts have been telling me this morning, it's cosmetic and it is, like connell was saying, divide it up and shows that there's momentum within the company and they feel they can have the confidence to go to their board to have the-- >> and how is this brave to do? >> we have the confidence at least in the next year or so that we're going to continue to do well and we have the momentum. we're going to have the money to spend on that very expensive content that more retail investors will invest because maybe they use netflix or like netflix. dagen: it's a wink and a nod to investors we're not going to

like in hbo or showtime in the movies i'm saying six or eight bucks to see a movie, why do i have to see ads on top of that -- >> you'd be paying more if you didn't. >> espn you're paying $6 a month to get espn and you're seeing a ton of ads, and that's just embedded in your bills. >> just beginning to realize that. daniel, just before we go you make an interesting point about youtube, another venue where people say maybe if they roll out ads, it'll turn everybody off. that hasn't been the case. >> short form content, it's not, you know sitting down and watching two hours, two hours a day of video on netflix. they're different business models. i'm pointing out madison avenue is excited about the internet and video. they're excited about mobile and video, and you're looking for an investment, we think google is the better play. we think netflix continues to track along as they are. it just got a little bit expensive stock too. >> all right. daniel from welch capital management, brad and we were calling this story adgate. it's perfect you were on to that. >> perfect what you do for a l

. >>> the entertainment news, cbs shares falling as it announces its own shake-up at showtime. matt blank, a friend of this program will step down as ceo. he will remain chairman. and he passes the torch to the current president david nevins, ceo on january 1st of next year. >>> now to the government throwing billions of dollars, remember fannie mae and aig, just to keep them from going under, the saga is far from over. fox business network senior correspondent charlie gasparino. >> this is going to be a huge story in a couple of weeks particularly if hank greenberg wins this case. suing the u.s. government over the legality of the aig bill, essentially a delusion to shareholders, the government, the federal government diluting shareholders like mr. greenberg and others. liz: he was the largest shareholder. >> through an entity called cb star. he said he was -- the government illegally took his shareholder value and basically misappropriated it. there was private sector solutions, he sued. it's before a federal claims court. a lot of people think hank during this trial did very

okay it is showtime. i had the opportunity to bring donald trump into the ed show corporate boardroom and ask him a few questions. >>> welcome to the boardroom. we're excited to have you here. this time you have done it and i think it is going to be a great addition to the field. here we go with a few questions we have. first i want to tell you that i thought your daughter was very impressive and gave a fabulous introduction. you have got to be proud and i know you are. we've had a big discussion about jobs in this country. and your party the republicans have not done much if anything at all to create jobs in working with this administration. you have also said that you think the unemployment rate is much higher than what is being published. as high as 18-21%. so how do i know that you are going to be able to create jobs? >> i will be the greatest jobs president that god ever created. i tell you that. i'll bring back you are jobs and china, from mexico from japan, from so many places. i'll bring back our

straight to our top tech stories of the day, showtime taking a page from rival hbo.a new stand alone streaming service for 1099 a month. thevi

showtime for netflix.ia giant getting set to hold its shareholder meeting in just 30 minutes. and there is one key thing the company may say that could propel the stock even higher. we'll tell you what it is. plus jack ma says there's something he regrets about his alibaba and it has to do with the company's ipo. we'll hear from the man himself in just moments. but first tesla shareholder meeting well under way. cnbc's phil lebeau's got the latest. and phil, he's making some comments on the x i understand. >> and he has talked about the x. three to four months down the road is what he believes the first delivery of the model x will be. they're make the final touches on that vehicle. this is a live picture of elon musk talking at the tesla annual meeting. he talked about the x. he also is briefing the audience there, the shareholders about the power wall which they just announced within the last month, melissa, clarifying in terms of first deliveries going to those who are getting a solar installation and w

come on, gentlemen, showtime! >> right now, i have six staff members.it's very dangerous. >> gentlemen, on your rack. on your rack. on your rack. >> with so many inmates crowded in the gym, correctional officers are challenged to keep minor confrontations from turning into chaos. >> what he's wrong, dog? >> he told me [ bleep ] he told me -- >> you need me -- >> i'm cool. i'm cool. i'm just telling you you will get [ bleep ] in my book. >> everything down here is observation. just watching, listening. getting the feel for the dorm. if you're always watching, you can tell when something's starting to go bad, hopefully stop it before it gets bad. you know, these inmates have to share everything, share the rest rooms, share the showers, day room areas. so, respect is a big thing in here. it means they're all respecting each other, everything's fine. but if you come into a disrespect issue, that's where things get sketchy. >> during our stay at san quentin, we witnessed one small but dramatic step the prison was taking to stem the flow of new inmates. >>> c

. >> you can watch it tomorrow night on "60 minutes sports" on showtime, a division of cbs. >> i sitndary novel lift judy blume right now ven rizois offering unlimited talk and text. plus 10 gigs of shareable data. (yeah, 10 gigantic gigs.) for $80 a month. and $15 per line. more data than ever. for more of what you want. on the network that's #1 in speed. call. data. and reliability. so you never have to settle. now also get $300 or more when you trade-in your smartphone and buy a new one. stop by or visit us online. and save without settling. only on verizon. ♪ >>> judy blume is known for writing coming of age novels they include books like "are you there god? it's me margaret" generations selling more than 85 million copies in 32 languages worldwide. her new book "in the unlikely event" is blum's first adult novel. it's set in new jersey. good morning. >> good morning. >> why are you going back to adult novels? >> because an idea came out of the blue and struck me in the head and i was like oh my god, i have this book. >> what was the idea? >> well someone on stage, another writer

. >> and "usa today" says showtime is beginning a stand alone streaming service.ill be on apple devices. it will cost 10. $99 $10.99 a month. >>> this morning family and friends are remember an american woman killed by a female lion in south africa. katherine chappelle was there to expose poaching. her mother pays tribute to her daughter. debora debora debora, good morning. >> reporter: good morning. her mother mary chappelle has spoken about how her trip to south africa has arisen out of her love for animals. she was visiting south africa to do a volunteer stint at a game reserve dedicated to saving rhinos and elephants from poachers. speaking about her daughter in a local newspaper, mary chappelle said everyone who met her loved her. she lived a life of adventure and was full of life. chappelle never got to realize her dream of making an anti-poaching film. >> hi, everybody. i'm jack hanna. >> reporter: "cbs this morning" spoke to wildlife experts. >> someone asked how -- was it fast, what happened in the attack. i can tell you now when i film animals on the hun

. >>> hulu will offer customers the ability to add showtime for $8.90 a month starting early july..99 customers pay to stream current and old seasons of network shows. >> samsung developing a smart truck that eliminates blind spots behind big rigs. it displays live video of the view on tv monitors mounted on the back of the truck. it has a night vision mode. samsung says the technology works well and will probably save lives. that is good news. that is the cnbc news update at this hour. >> thank you, sue. seems futuristic. >>> financial regulation was supposed to reduce risk in the market. goldman sachs president gary cohn believes it may end up having the opposite effect. he joins us exclusively with his latest op-ed and thoughts on the markets and regulation when we come right back. i'm here at the td ameritrade trader offices. ahh... steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, coo

. >> you can watch it tomorrow night on "60 minutes sports" on showtime, a division of cbs. >> i sitdary novel lift judy blume is in ♪ ♪ ♪ it took tim morehouse years to master the perfect lunge. but only one attempt to master depositing checks at chase atms. technology designed for you. so you can easily master the way you bank. ♪ >>> judy blume is known for writing coming of age novels they include books like "are you there god? it's me margaret" generations selling more than 85 million copies in 32 languages worldwide. her new book "in the unlikely event" is blum's first adult novel. it's set in new jersey. good morning. >> good morning. >> why are you going back to adult novels? >> because an idea came out of the blue and struck me in the head and i was like oh my god, i have this book. >> what was the idea? >> well someone on stage, another writer rachel christianer, was talking about a book telling her story about a life in the '60s. it was the '50s. it was a story i have to tell. all of these years it's been rurried inside. >> in the '50s you're from elizabeth, new jersey. the

despite new rivals including hbo now and new showtime's new direct to consumer app. overseas as netflix pushes to be available in being in 200 countries by 2016. >> thank you very much julia. >>> can netflix pull it off? let's bring in an analyst. will power has an outperform on the stock, $610 price target. to julia's question can they keep up this momentous run, all the way to your price target and perhaps even beyond? >> well right. look, i think our price target will probably have to be adjusted here probably soon but for us this is increasingly for us been a stock that -- really a service that consumers have to have. that's really the key driver. you look the a the breadth and depth of content they've rolled out, real even in the last couple of months. these are shows that consumers want to watch and that will continue to drive more viewership to their service and we think the opportunity longer term. >> i guess the worry here today, carl icahn making a big statement, certainly the stock has had a run since he started buying in 2012. now that he's out you have t

. >> look it's not bro time it's showtime. are you guys ready?. that's not happening in this movie. there's a beautiful exchange and a beautiful reciprocity between these men and the women that they're coming to entertain. >> reporter: i also understand that both you and channing developed a crush on matt during the movie. >> yeah. i still have a crush on malt. >> just look into those deep baby blues and tell me if you don't feel something deep in your soul. >> reporter: that chemistry on display earlier this month at the l.a. pride parade, seen here on "entertainment tonight." matt himself came out in 2012. >> so much of this movie is taking shame and judgment off of self-expression and sexuality. so, it to me was all in keeping with that. >> reporter: is there going to be a sequel to the sequel? >> if you would like to write it, i am open ears, yeah. >> reporter: are you happy with this one? >> very. unbelievably happy. >> reporter: i'm juju chang in hollywood. >> opens in theaters july 1st. >> do you drag your man to see that movie? >> i don't

showtime to name another one. maria: we'll talk more about what is in baron's this morning.ield of gop presidential candidates getting bigger. rick perry announcing second white house run. which has the best economic plan. take a look at futures it. we're expecting lower opening. numbers are not out yet. this may very well all change in about two hours. market right now indicated lower on the heels of weakness in europe. this is "mornings with maria" on the fox business network. ♪ maria: welcome back. chicken farmers deal with the worst outbreak of avian flu in decades, consumers are starting to feel the pain. cheryl casone with details there. good morning, cheryl. >> ma yee yaw that is right. texas supermarket chain hgb is limiting how many eggs people can buy from the stores in response to the nationwide egg shortage and massive avian flu outbreak. they can only buy three cartons per trip. egg prices more than doubled over the past six months. >>> forget a 72-hour sale. how about a 96-hour sale? southwest airlines extending sale by 24 hours after bargain hunters looking to