ted leonsis sat with us to talk about the many hats he wears.e is their chairman and --ertainment, owner of the he is the owner and chairman of monumental sports entertainment, the owner of the washington wizards and washington capitals -- >> the nba is a platform that is no different than google or amazon. we have a big corporate structure, we have multiple apps, nba, wnba, g league, nba 2k, summer league. the data we generate is deeper, more real-time than anything you cover it bloomberg in business and industry. just as your company grew as a platform, it started terminals to a small group and now, it is a giant media company focused on financial services, i believe the nba will continue to grow on a global basis. >> it feels like the nba is around the corner from other leagues. online,i was at america we did the first deal with commissioner stern, commissioner.com. [laughter] ted: he started this tech conference. it's one of the most important industry events. it's everyone who is in intoology wants to come media because our game, our sport

sticking with the annual nba tech summit, we also caught up with ted leonsis to talk about everythings media platform, tech partnerships and the potential growth for e-sports. take a listen. ted: the nba is a platform that is no different than google or amazon. we have a big corporate structure in the league. we have multiple app. nba, wnba, g-league, nba 2k, summer league. the data that we generate is deeper, more real-time than anything that you cover at bloomberg in business and industry. just as your company grew a platform, starting from terminals to a small group, now it is a gigantic media company focused on financial services, i believe the nba will continue to grow on a global basis. >> that did not happen by accident, right? it feels like the nba is around the corner from other leagues. you know other sports as well. ted: when i was at america online, we used to do with commissioner stern, commissioner.com. he really started this tech conference. this tech conference is one of the most important industry events. everyone who is in technology wants to come. in media, because

from ernie grun felled saying the news john ruptured his achilles had an impactme er last week ted leonsis>> yeah. >> with the loss of john wall for another season. >> that was a huge blow. >> this officially makes it feel like the season is over. does not? pretty much. >> absolutely. >> it's going to be hard to when you look at the east, there's strong teams and for the wizards to have to climb back into this. >> go for draft day. you dont them tanking but at the same time that's what they do in the nba. we need better players. >> look to the future. >> and caps are back. >> a long next few months. >> it only gets better from here. >> there you go. nowhere >>> tonight, ado dramatic st. a day before testifying publicly, act knowledge attorney generalew mat whitaker tells democrats in congress, take back your subpoena threat or i'm not coming. a stunning ultimatum. and the breaking response tonight from demrats. >>> a major bank's all-day meltdown. nationwide outages at atms, mobile andnline banking, leaving wells fargo customers frustrated and furio >>> a shocking murder caught on camera.

tighteninge cells ted leonsis back to china. we can talk about japan later.t is interesting to see these growing concerns of his -- of defaults. there is this bullish momentum happening in the equity market. how do you square these two? in thee bullish momentum equity market comes in two fronts. the valuation was truly beaten up back in 2018. a lot of investors, until recently, was cautious on the environmentrnings and also the general sentiment because of u.s.-china trade and a slowdown in the economy. we are coming to a point where investors are slicking -- our thinking, the government is propping up the economy. pricing the bad news. maybe it is time to step in. it is only until before chinese new year or after the chinese new year the investors are starting to switch on again in terms of the risk appetites. this is quite athinking, the gos propping up the economy. potent potential for the asian markets and can spill over into asian markets in hong kong. you may see a correction and brought asian markets in the last couple of weeks. the asian markets have