television has redefined it, so now the two or possibly three candidates stand in front of the television camera and each one is given two minutes to respond to a very difficult question, and the opponent is given 60 seconds to reply. now, we still call this a debate, but it's a redefinition of that term. ross perot's suggestion that we use television as a form of a town meeting is another redefinition of what we once meant by town meeting. so one of the most interesting things about technology is that it redefines our language. it gives us different meanings of older words, and very often we're not quite as aware as we should be of how that process is working. c-span: good or bad? >> guest: well, in this book i mostly emphasize the bad part. i've done that in most of my books. but i admit happily at the beginning of the book that anyone who looks at technology as an either-or development -- that is, either all good or all bad -- is making a mistake. all technological change is what i call a faustian bargain. it gives you something, but it also taketh away something. now, in america -- an

that is coming to television. whatu asked the consumer if the tv experience, they would talk about a box that sits above their tv. they will talk about a remote control. they will talk about the things they don't like about that. increasingly, the functions that those devices serve are going to be able to migrated -- to be migrated into software. i think you will get faster innovation cycles. a company like time warner or comcast can innovate overnight, not over the course of a hardware replacement. you starto that thinking about the other great trend we have seen ushered in by mobile in the app for -- and the app environment. of software minuets that will deliver new experiences, taking advantage of the premium content we love, but also with the powerful information pipe. hope through creative minds that will combine to create really revolutionary new kinds of television. predicted thates most channels will be like hbo, subscription based. you will be able to watch almost À la cart. he didn't say that. >> i don't

consumers have warmed up to the big scale televisions. and we see the growth of smart televisions. they used to be separate devices, but now they are internet. more than 60% are being connected to the television. so you can link the television to your smart phone and social media as well. so you are sitting back on the couch watching a television program and don't want to miss your social media updates and you can get them on the television. in the next few years big dpreth in the smart televisions -- growth -- >> a lot of talks about tablets and wireless and tv everywhere. how does samsung fit into that picture? >> we have smart phones, tablets, televisions, computers, appliances and one of the areas we are investing a lot in is the multiscreen connectivitconnecti. how do we link the devices to each other or the cloud? our galaxy camera is one example of this. a camera now built-in with 3d and 4d technology. you can instantly upload them to a website or social media service. linking products like that to the internet and to each other is a big opportunity for us. and we think big

i think that's common to television.you have to ask the consumer what is the tv experience of my home and they will talk about it walks that sits on their credenza above their tv and they will talk about a remote control. they will talk about the things that they don't like about it to be perfectly candid but increasingly the functions that those devices serve are going to be able to him be migrated into software rather than proprietary hardware equipment and i think you will get faster innovation cycles so a company like time warner or comcast can innovate overnight, not over the course of a hardware replacement and i think that when you do that you start inking about the other great trend we have seen ushered in by a mobile and app environment. you will be able to see minuets of software that are able to deliver kind of new and intriguing experiences taking advantage of the premium content we love but also with the powerful informatiinformati on pipe that we are able to marry with that and i hope to creative minds that

is 3d television successful? it was all the rage here last year. >> guest: i don't think anything happened to it. i think 3-d is still developing. there's more and more content coming out all of the time. i think the biggest impediment to 3-d still remains the glasses, and i think as 4k develops, i think the future for glassesless -- that doesn't even sound right, 3-d without glasses, how about that? that future becomes more imminent. and i think then you'll really see an explosion in 3-d. >> guest: well, the future of tv means what it's meant at least the last few years, certainly, which is getting bigger. used to be that we would say 40-inch was about as tvs would go in the home. now we're seeing the fastest growing part of the market is 60-inch and above. we're showing here at the booth 85-inch and 110- inch ultrahigh definition tvs. so we see still the continued growth of large screen televisions this the home. these consumers have warmed to the scale of big screen tvs and the great entertainment. we also see

this week, we are looking at the future of television.ill hearinue, we from brian roberts, chairman and ceo of comcast corporation followed by robert marcus, president and ceo of time warner cable. after that, our discussion with matt woke up to my president of the american cable association. >> you said that television will change, tv, video more in five years than in the last 50. what are some exhibits of that? >> we truly take on demand. so we started with some content on a tv set. we now have 40,000 shows on demand. we have 30 billion downloads of on-demand in 10 years. good two tablets and phones and we want to be able to integrate the web as well as tv, as well as ratings and twitter and facebook and social media. it is just exploding because of the technology options we have as consumers and different generations of consumers have different passions. so we have to keep it really .imple we have to recognize that we are not all the same. so why do we just give one experience? of the a program guide show today versus one guide and giv

sports is when of the biggest names on television. that is why people keep watching television.s a lot to do with wme expanding its empire. >> ari emanuel runs william morris endeavor, what can you tell us about him? >> fans of a show like entourage know the character of ari gold. it is based in part on emanuel. he sees the opportunity to expand the reach of what william morris endeavor is. there is a little bit of crossover between these two worlds already. the price tag has been a little rich for some. his firm has financial backing from an influential name and private equity, silver lake. >> all right, jon erlichman in los angeles. thank you. some riders were made very angry this weekend. we have an uber investor next. ♪ >> welcome back to "bloomberg west." uber is catching some heat from riders. some on the east coast paid more than 3-4 times the normal rate when a storm battered east coast. riders pay more when the weather is bad. this pricing helps get more cars on the road when demand outstrips supply, helping to guarantee the uber reliability. r

>> as i told you earlier, i think being on television i take great pride in it. there are not many black guys on television, to be honest with you. there are not. you look at all of the news shows, you know. there is very few black journalists. there is more now. but there never used to be any. when i get on television, i know i am representing black people. i tell them one thing. i am going to be honest. i am going to be fair. you are not going to like everything i say. but given this power, and it's a tremendous power, i am go to be fair. people. >> right. >> because you can't slant your opinion for people that like you because i figured out this a long time ago. it doesn't matter what you say. regardless. >> yeah. >> regardless. i remember, i remember going back when i was playing for the 6ers, i would think god for having a great game. they would get 50 call, tell him atheists. i was like, i just thank god. i wasn't doing anything. >> what do you think it's like to work with you? co-worker? >> i think i am a great co-worker. >> why? >> because i am very easy.

day seven of labor television's 12 days of bitcoin.ller has become an expert on all things bitcoin. how relevant is the -- is the virtual currency in the real world? he took his dog steve to hit the streets of europe. >> i have just made an appointment for steve to get a walk while we go to a grocery store in brooklyn and buy some food and drinks with bitcoin. we are here in fort greene, which is the heart of bitcoin merchants in new york city. there are five different places that take it coin. my shoppingo do all for the week using bitcoin. i saw something that tom keene is going to absolutely love, cream ale. i am bringing this back for you. this takes pretty much every -- we decided to come here and check it out. >> here is the guy that runs the only bitcoin investment. he has raised $70 million. >> we found it is a pain to buy bitcoin. we decided to create an investment vehicle modeled after the tod. is bitcoin and private. of like an etf? >> exactly. fidelity will accept bitcoin investments. risky investment. >> i always equipped

i think that's coming to television. i mean, right now if you ask the consumer what's the tv experience in my home, they'll talk about a box that sits on their credenza above their tv, they'll talk about a remote control, they'll talk about the things they don't like about that, to be perfectly candid. but increasingly, the functions that those devices serve are going to be able to be my grated into software rather than proprietary hardware equipment, and i think you'll get faster innovation cycles. so a company like time warner or comcast can innovate the divide overnight, not over the course of a hardware replacement. and i think that when you do that, you start thinking about the other great trend that we've seen ushered this by mobile and the be app environment. you'll be able to see little min wets of software that are able to deliver new and intriguing experiences, taking advantage of the premium content we love, but also with the powerful information pipe that we're able to marry with that. and i hope through crea

we saw you on television, on c- span. the senator is suddenly becoming the unknown member of the state's delegation. that did a lot to push the vote. >> it would have been interesting to see this man, united states senator, majority leader in television. here he is after he retired coming back and giving the speech. i had a suspicion you might have been in the room for this. >> yes. >> by mid 1963, various democratic senators had begun to express publicly their frustration with the lack of apparent progress in advancing the kennedy administration's legislative initiative. other senators were equally determined, less open in their criticism. but they were equally determined that i, as a majority leader, should begin to "knock some heads together." after all, they reasoned, democrats in the senate enjoyed a nearly two-to-one party ratio. with those numbers, anything should be possible under the lash of disciplined leadership. 65 democrats. 35 republicans. think of it, senator daschle. [laughter] i use the word "enjoy" loose

, whether it is with televisions, smartphone apps or anything. they're usually too complicated for most people and people click right through them. melissa: i can't believe it is worth it, while i'm sure it is all smart tvs, having this associated with lg i will avoid lg devices. tweet me, email me, irrational that all tvs are watching you, this is bad pr. >> thank you. melissa: from the u.s. and all corners of the globe money is flying around the world. from the government of south africa the government is dismissing that 21 million-dollar security upgrade of president jacob zuma's private home is extravagant. of course it isn't. the cost of the upgrade caused an outgray, zuma has had calls for his resignation by south africa's biggest union. some questionable additions like click ken coop and private pool are essential. free range chickens are a security risk and the pool is a fire pool, to be used as a water rest very voir in case any buildings on the compound go up in flames. okay then. >>> in france, a ralph for a million dollar picasso, tur

and even when we want to slow down we can rarely think of television slowing down with us. unless you're in norway where people gather around the tv set to wind down, as opposed to being wound up. and that, not only begs the question about why it's happening but why it's happening here. >> well, slow tv started as a crazy idea in our tv department in bergen. someone said, why don't we put a camera on the front of a train and just transmit the whole journey. and then everybody thought well, that's a crazy idea, of course you can't do that. we ended up doing it just to try. with what originally, that this would be a biggest interactive format but suddenly we discovered that people watched it the whole journey. hundreds of thousands of people watched the journey from start to end. >> i do not think they sat down with postmodern analytical frame of mind, saying what can we do as a creaks -- reaction to this frenetic cowl, mind, zen, it wasn't that way at all. >> it was boring. this is absolutely nothing. absolutely no meaning. >> there is this guy whose job is, really, his grow

they cut these deals for new television shows through marvel or dreamworks. they want to be the place where you see the movies that were in the theaters first. they are choosing to spend a lot of money on stuff that will be as opposed tonew stuff that you have seen a billion times or maybe in a few cases, you have never seen it but you have heard of it. on the pricing strategy, they know that there are a lot of people that are using netflix, sharing accounts. they are trying to generate more revenue per user. ofy are having a bunch different pricing structures depends on how many screens you want to be watching. >> is a purging or losing the rights? this is the rising content costs, will they have the depth of the catalog? >> they have to be selective. there is no doubt about it. you have to choose it. one of the advantages they have claimed to have is that they can look at what people are watching and site whether or not it is worth it to re-up for that stuff. if you look at the strategy like this "house of cards" strategy that they have been using. this bec

television households and sinclair doesn't discriminate the stations under this media giant are quite diversified in fact its roster is set to include thirty nine fox affiliates twenty nine of a.b.c. twenty six of c.b.s. twenty five of the c.w. sixteen of n.b.c. and the list goes on and on but perhaps what's most peculiar about this is the fact that the company will have one hundred sixty four stations and only seventy seven markets so do the math that means there are markets where sinclair will own more than just one station let's just take a look at the state of florida in both west palm beach and pensacola sinclair owns four competing stations and if that's not enough in both gainesville and tallahassee the telecom giant owns three but here's the hitch as the stations consolidate into the same. company so does their content it's a popular way for big media companies to cut their costs so that means a viewer in one city could flip through all their local stations see different anchors but hear the same words in fact and something conan o'brien poked fun at and one of his comedy bits

they have now regain control of the television station. we're are trying to piece together the events. still a lot of confusion surrounding what happened in kinshasa. we have chosen not to reveal the identity of our correspondent or witness. you live near the airport. what have you seen? >> it is the area near the airport in kinshasa. what i am seeing with my own eyes is [indiscernible] the car was turning around affecting traffic. people got out of the car and ran as far as they could. they ran fast from the airport because there is a shooting sound happening here. >> is the television back on? >> i am sorry? >> is the television back on. it was interrupted after the headquarters were stormed by armed men. do you now get public television? >> yeah. the second public channel is now broadcasting. that has passed now. they are saying everything is in control now. [indiscernible] >> thank you very much. we are watching pictures as you speak and as you described the situation in kinshasa of the hostage situation that broke out this morning at

>> certainly can't television.is interested in doing a television show based on characters from "good will hunting." >> is the content dated? that is a risk, but if you look at mgm, they are building their business model about a library, revitalizing library titles. >> these are different kinds of titles. when you look at marvel comics' superheroes, they live on in history. when i think about "shakespeare in love," i am not sure if those can be told again. >> i do not think anybody would think "the crying game" was "the dark knight." i am not sure there is a see through -- i'm not sure there is a sequel and that. >> i don't want to see that. >> these people know this material better than anybody. they have great relationships with talent. harvey weinstein said if there is going to be something off of affleckll hunting," ben and matt damon will be involved. >> william morris endeavor and silver lake are buying img for almost $2.5 million. ofif you thought ari emanuel william morris endeavor was a big deal before, he

that is coming up later. ♪ >> they are is "lunch money" on bloomberg television.e are streaming live on bloomberg.com, your tablet and smartphone. i am ad scrons. on education, he look at the m.p.a. is it really worth $100,000? of t it to the school business. >> i think it is important to remember we still have a tail of two economies. from the perspective of the university, the labor market is doing very well. college graduates, there ask a 3% unemployment rate. ur m.p.a.'s are well employed. >> under graduation tuition is $40,000 a year and m.b.a. is $50,000. >> that is a lot of money. >> philosophy majors, people who are critical thinkers, who under how to look toe world, see problems and use the tools of modern finance, economics and accounting to create value. we are seeing students roughly 27 years old looking to have a change in their careers. >> here is something else m.b.a. students have to learn, leadership. each school has its own strategy. >> the key to leadership is you have to show as well as tell people to lead. we believe that our students, when th

>> i was a civil litigate or but working in television at the time in a and e television network and i wasn't enjoying what i was seeing on television and interested in making my own film and lech son who you saw on the first clip, i went to her with some documentary ideas and she said, you know, we don't like any of those ideas you have but you ought to meet john. so i met john rapping and he invited me to go to alabama as his training center and i just couldn't believe what i saw. i think being a lawyer, i was a litigate or, i didn't know anyone who was desperate to stay in the profession and desperate to do a good job and all the lawyers were this great energetic talking about justice and constitution and i thought that was a good story. so that's what happened. >> what was the story that you were trying to capture and how do you tell a story to a public that doesn't understand what public defenders do? >> you know, i really wasn't thinking about the public. i was thinking about me as a person. i was thinking, i'm not a bad person and i just didn't know. i agree with karen that pe

>> this is "lunch money" on bloomberg television. we are also streaming live on your tablet and smartphone. i am adam johnson. tv startup aereo is facing challenges. bloomberg west anchor emily chang asked the ceo about all of the legal hurdles he is facing right now. >> i think it is going to work itself out. so far we have been winning. i think time will tell. >> why are you so confident it will work out in your favor? >> for some basic simple reasons. the law is on our side and that has been shown four times now. we think the consumer sentiment is certainly on our side. we have tremendous support. it is common sense. consumers need this change. it is so important to have competition and alternatives in the market. so, of course we will win. >> it could go all of the way up to the supreme court. if the supreme court hears the broadcaster's position, do you think that will affect your chances? >> actually, yesterday, we filed our response to that, in which we urged the court to consider the cases well. from our perspective it is a w

new york time on market makers this thursday on the on bloomberg television. with autos, would you believe them mexican sports car? the country is not known for supercars, but two brothers are hoping to change that. to 60 in 3.0zero seconds. it is designed to feel like a motorcycle with four wheels. betty liu got a look at what so special.hl >> it is quite different from anything you can see out there. [indiscernible] like having the experience of a motorcycle. is almost like a mini cooper. it is lighter. it is wide. we are inside the base model. lightweight car. the car isation of quite impressive. from zero to 60 in 3.5 seconds. breaking of the car is less than 100 feet from 60 to zero. the engine comes from the u.k. era to the bodywork comes from canada. the brakes come from the u.s.. the wheels come from italy. the tires are french. we try to work with the best in every component. government federal has funded the project from day one from the science and technology council. >> they wanted to support because part of the statement is, look at us. mexico can

television. and that's been a personal choice the only time you'll see jack on television is at the laker game other than that he's a film actor and he's always been very he's always in the here to that. and i think maybe it's part of his mythology is dick not just stick but i think it's a conscious choice i don't think he wants to be in your living room apart from. if he's at the at the laker game i don't know that he wants to be that friendly guy that you feel so you know. close to him on television what was it like i magine will see a lot of. this step ahead of tuesday's going to be a major bust so i only. get the name of. it. in my all time favorite movies but thank you it was thrilling and chilling and completely intimidating and. you know you see people year after year with that oscar in their hand at every at every oscar ceremony and you think what is it about this you know we watch this performance year after year what is it about this moment and it's because it's never happened to that p

he gives a rare interview to bloomberg television.op." ♪ >> you're watching "in the loop." if you have missed any of our interviews, watch them on bloomberg on apple tv. featuring a live streaming and on-demand videos. a few minutes away from the opening bell. we have the top 10 traits you will not want to miss on christmas eve. keep it here on "in the loop." ♪ >> welcome back, you are "in the loop." 26 minutes past the hour, bloomberg is "on the markets." olivia sterns has the latest on futures before the bell. pretty much flat, pointing to a slightly higher open. some data on durable goods showing that they rose more than forecast for november. expecting to see pretty light trading volume on christmas eve. stock market closing at 1:00 p.m., bond market closing at 2:00 p.m. s&p up 28% year to date. the markets again in 30 minutes. let's count down to the open with the top 10, the only trades you need to know about. olivia stays and julie hyman joints. number 10, 3-d systems. 95sing its price target to dollars per share to $85 per sha

keep trying, television industry. keep trying.on here are our stories on our "bloomberg west" radar. hewlett-packard is said to be in advanced talks with u.s. regulators to resolve investigations into acts of bribery in foreign countries. china mobile is expanding its 4g line-up. the wireless company will sell 13 handsets for its fourth- generation network. samsung and sony are among the vendors to be carried. u.s. regulators and apple facing off over 80-books. -- e-books. to be able to question tim cook and other apple executives. apple is arguing the monitor has been overstepping authorities by pressing for interviews with senior management. catch the latest in tech and media news every weekday at 1:00 p.m., and 6:00 p.m.) on bloomberg television on "bloomberg west." stay with us on "in the loop." we're back with the opening bell in just a few moments. ♪ >> first. bloomberg. >> welcome back. you are "in the loop." i am deirdre bolton, in for betty liu. it is time for bloomberg television on the markets. you will see green on you

what can we forecast for the future of journalism, commentary, television, technology? we have 12 headlines to dissect about that and 60 minutes to do it. it's time for a special end of the year edition of "reliable sources." >>> thanks for joining us. every channel you turn on today is bound to have some year in review programming. this hour is different. this hour is about the media. we're going to cover everything from boston bombings to twitter ipo and "duck dynasty." and later we'll talk about a great television tradition, new year's eve in times square. let's begin this media year in review with our panel of reporters covering it all. rosie gray, christina warren, and hunter walker, national affairs reporter for talking points is memo. hunter, before we look back at the whole year. let's talk about something that happened in no, thew york this . the daughter of the incoming mayor released a video talking about substance abuse problems. you wrote many reporters were aware of elements of this and declined to pursue it given her age. does this surprise you? what does

they're watching television all day and sitting on the couch.hen when they find out they are working, then how can they get a mad at them saying get off the couch and go to work. oh, you're at work? oh, let's cut your wages and keep you at the bottom. you have to give relief in some direction. if you don't give money, how about relief for the people that's working. >> exactly. then you wind up, as eugene said, subsidizing them with the very thing conservatives hate the most which is food stamps and public assistance because the wages aren't enough. and there's a conservative case for this too. to your point earlier, chris, if you don't have consumers, the great bubble, the huge economic bubble that took place after world war ii was about this influx of consumers. it wasn't just because americans were going to work. they were going to work for wages that allowed them to buy the refrigerators and the home gadgets and to get the latest television technology and bring that in the home. >> thank you eugene robinson and joy reid. what started out as o

this company is giving traditional teen television a run for its money.ally the online destination for teens and between's. we are a youtube channel. the main channel of awesomeness has one million subscribers print we have an 85,000 market channel of kids basically that like to not only watch the content that make their own content. they can start their own channel. this is the agent of change. it is popular with my son justin thisf is not for teens, would not have happened. i would not have been as tuned into the behavior of teens. schedule notr unlike a tv network. we schedule monday-sunday. this is our studio, our soundstage where we should most of our shows. there is a green screen set up. a lot of the time, te ouren talkshow -- our team talkshow comes in here. >> dreamworks animation ends up acquiring you. >> it's very exciting. jeffrey katzenberg came in seven months ago and it was a quick tour ship and it's been a great relationship. he understands what is going on in the space. >> let us know by liking this video. >> there is a song reflecting of

. >>> edward snowden broadcasts an alternative christmas message on britain's channel four television. >>> and parts of the u.s. still without heat following an ice storm that brought down power lines. ♪ >>> today pope francis delivered his first christmas message at the vatican from the balcony he offered wishes for a better world and a call for peace in the middle east and africa. >> translator: prince of peace, and every place turn hearts aside from violence, and inspire them to lay down arms and undertake the path of dialogue. >> as christians gathered for the pope's message, christians from around the world have travelled to bethlehem to celebrate where many believe jesus was born. nick what is it like there? >> reporter: richelle it is really relaxed. you can see the tree right there, and that's the church nate tiffty where it is believed that yes s-- jesus was born. there is a real celebratory atmosphere here. they are all come here to celebrate this day, and the turnout has been higher than normal. that has boosted hope here for peace. there are a lot of people here praying fo

about 90% had televisions. i can remember sitting in the family living room on that night of november 22, 1963 and saying mrs. kennedy walk out of air force one, behind her husband's casket. i remember my parents and older brother gasping at seeing her. >> what she said -- lady bird johnson said -- let me get someone to help you. >> but she understood the power of that imagery, we have two hours to tell you with video clips and audio clips, the story of jacqueline kennedy. we encourage you to take part once again tonight, there are three ways to do this, you can tweet us, at first ladies, or on our facebook page, or you can call us. our numbers are -- mountan/pacific -- we will get to your calls in just a bit. i start with a phone conversation with president johnson. i want to ask about why we have them, before we listen very >> he takes his telephone conversations, as eisenhower and roosevelt -- with johnson this was about 650 hours over five years. and in most cases this was without the knowledge that would i

esta es una oferta exclusiva de televisión.liza el perfecter en tu propia casa. y si no te encanta, simplemente devuélvelo, pero quédate con los regalos. un obsequio para ti de nuestra parte. y aún hay más. pide tu perfecter ahora mismo e incluiremos el envío gratis. los suministros de esta increíble oferta son limitados. ¿qué esperas? todo con valor total de $130 dólares por solo tres simples pagos de $33.33. esta oferta no durará mucho tiempo. pide tu perfecter fusion styler ahora mismo. >> entonces, amigas, hemos estado hablando de cómo el perfecter es algo que puede reemplazar a cuatro aparatos tradicionales para el cabello. muy bien. y ahora mismo, vamos a ver cómo maría usa sus aparatos tradicionales y los compara con el perfecter viendo los resultados obtenidos de peluquería. maría... >> exactamente. y de hecho, tengo los cuatro aparatos... >> muy bien. >> ...justo aquí. quiero mostrarte, en primer lugar, tu secador y el cepillo redondo. cada vez que vas al salón, ya sé que te decimos: "solo usa el cepillo redondo". simp

the guy whotv and is rewriting the rules of television.duck dynasty" may end its reign as the highest-rated tv show on cable. we will tell you why the family is thinking of canceling their popular a&e tv show. stay with us on "in the loop." >> awesomeness tv is a hit on youtube and its parent, the networknnel awesomeness has 2.6 billion views. dreamworks recently acquired the company for $33 million in cash, the largest ever acquisition of planing company. jon erlichman went to santa monica, california, to me the man responsible for all of that awesomeness. monica,e in santa california, the offices of tv, a busy place. if you've never heard of it, you are probably not a teenager. giving traditional teen television a run for its money. let's see the man in charge. >> awesomeness tv is basically the online destination for teens and tweens, we are a youtube channel. the main channel now has a million subscribers, a milestone. 85,000 partner channels. kids basically that like to not only watch awesomeness content and started her own youtube ch

this was pretty fun, i think, and i am new to television.o i'd love to read your feedback about this debut show and about what you'd like to see or not see next time. you can find me on twitter and on facebook. my user name is brian stelter and i hope you will join us on cnn.com where my colleagues and i will be covering the day's biggest media stories and we'll recap the stories next week at 11:00 a.m. eastern. "state of the union" starts right now. >>> are we there yet? today, 'tis the season to be jolly, and the president may have reason to be. >> we're moving in the right direction. >> is it for real? the lowest jobless rate in five years may mean a new political equation. a conversation with two top economists along with annie lowry. and -- >> for the first time in over a decade, we have halted advances in the iranian nuclear program. >> a deal one of the world's leading state sponsors of terror and what it might mean to the terrorism threat.

you used to write about television before politics. it seems like they had no choice but to suspend him but here's outrage. >> i heard speculation it was a plot to drive up numbers. i think media critics have made the point there's a bit of cultural opportunism here. do they want to show them in all of their unvarnished opinions. i think that's a serious question for the network. when you actually do a reality show and you are purporting to let people be who they are on television, are you letting them say their opinions? >> a & e is in a precarious position right now. this is the biggest show on their network. 14 million viewers tune in every week to watch this family. they are the hillbilly cosbys they can't afford to lose this golden duck. >> on screen we say fall of "duck dynasty" with question mark. could it mean the end of the show? >> not at all in fact. i think phil robertson will have to go to sensitivity training or meet with group leaders from various communities. the black community. gay community. i think this show will ke

bloomberg television is on the markets.rd highs in the dow after the fed finally taper to $10 billion in its monthly program. futures just a little bit lower. we sought jobs claims a few moments ago spiking a little bit for the past week. out -- we are on the markets again in 30 minutes. class coming up, red lobster. we will have more on that scoop next. bitcoin. is that an issue for national security? the first hearing on the virtual currency. our guest. you are watching "in the loop" lives on bloomberg television and streaming on your tablet, ipad, and bloomberg.com. ♪ . . >> 30 minutes to the opening bell. with betty the loop" liu. the countdown begins right now. >> welcome back. here is what we are working on now. the s&p starts at a record high after the said decided to slow the pace of bond purchases and maintain zero interest rates. year.warren buffett's big he had a good one. and we will talk about the future of bitcoin. >> the casual dining industry has been struggling. red lobster, the seafood chain thee have been

there's a whole revolution happening in television news that's reflected in this exhibit. >> an good evening. thanks for joining us. i'm joie chen. >>> there can be no more intimidating isolating environment than the walls of our prison system. especially for those whose disabilities make any communication challenging. even the untold stories of the imprisoned, years have developed contacts behind bars and in the hearing impaired community to bring this important story out. tonight we begin with the second part of this exclusive in-depth look at the challenges of the deaf and disabled in prison with the look at the fair treatment guaranteed to inmates with physical and mental impairments, and examine why the prison system so rarely delivers on those guarantees. >> when individuals come in who have disabilities, these systems aren't prepared to handle them. they don't have the type of clinically support they need. environments. if you are disabled, these institutions aren't set up to deem with you and no accommodations are generally ever going to be made for you. >> my name is william

ultrahigh-definition televisions, 4k television ares coming in huge numbers. 3-d didn't make it.will make another run with massive improvement in resolution, so the television look more like windows than they do with the hd technology today. the question is where do we get content? the content guys were badly burned with 3-d. this 6. they idn't make the money back. if someone doesn't show us the money i'm not sure we're getting on board. david: apple had run up in 2014 not near the overall market but still going in a positive direction which is a nice change. will apple continue to go up and will they come out with a real breakthrough product like an apple tv? >> apple tv seems to be on the sidelines. that project looks like it lost momentum. intel's project to move into television went sideways. they're selling theirs to verizon. getting access to content is the problem. that problem hasn't been, what happened the cable companies basically locked up the content. that is keeping people like apple, like intel out of the market and creating an issue. on the other hand the i-watch i

cities doing television. again, very, very limited. television does not take off until the late 1940s after world war ii, in the 1950s when my parents watched milton and captain kangaroo and this was the beginning, though, this was the beginning of a worldwide phenomena that brought people in the united states closer together who gave them a plan on what was happening. >> radio comes in. radio in the 1920s, and radio really takes off amazingly, tens of thousands of radios because remember with radio, people bought them on installment plans and all things. that was popular, also, about this time, remember when franklin roosevelt comes in as president and starts the fireside chats with microphones that we also have in the smithsonian. i mean, the american people are living to that, and they said the president came into our living room. >> has this been on display? >> yes. most recently, we did an exhibit on 1939, so many things happening in the late 30s. i'm fond of, again, given the world fairs, the wizard of

. >> you can watch "c-suite" tonight right here and only on bloomberg television. from cadillacs to delivery trucks, we take you inside ups and the massive louisville processing center during the busiest time of the year. first, big day for the banks. even though they may not like it. we will break down the final version of the volcker rule coming up. and that's the end of the road .or the volkswagen minibus they are going to stop making it altogether because of new safety and environmental regulations. there is a beautiful old one. it has been on the road since 1950. ♪ a bigwall street, this is day for the volcker rule, the one with a bunch of new relatis meant to ban proprietary trading at big banks. that means they cannot trade money that does not help the clients. bernanke says the volcker rule will limit risk- taking. it has been many years in the making. >> i don't think they should make it all that complicated. why are we sitting here three years later? >> where do we stand now, and what exactly is this? >> it does ban proprietary trading for banks on wall s

. ♪ >> this morning on bloomberg television.he governor of washington state will be in at 11:45 a.m. eastern. we're talking about christmas. just in time for christmas, netflix has a present for your kids. today the video streaming site offers turbo fast. is based on racing snails. i saw this movie. it wasn't a huge hit, but it doesn't matter for five-year- olds. if pixar made it, they're going to watch it. >> what is interesting is that netflix is only releasing five episodes at a time. i guess he don't want kids to binge too much at once. the reason netflix gave is because they say kids watch tv differently than adults. they can re-watch episodes. they don't necessarily watch them in sequence. what is interesting is dreamworks. they say animation takes time. thates it matter despicable me too, which came out this summer, was in a stronger movie. does it matter or is there such a limited amount of these movies that kids will watch anything? >> what is interesting is that this is a go-between strategy. they had this big deal wit

[laughter] [indiscernible] ♪ quakes this is "lunch money" on bloomberg television.e are also streaming live on your tablet and smartphone. today, a big blow for airbus. air canada replaces boeing as the supplier of airbus jets. but the airbus ceo is not worried about the future. here he is with an exclusive interview with guy johnson in london. toi believe we will be close 30 aircraft delivered to our customers every year. in 2015 and beyond is achievable. >> what about doric? >> doric is a partner, and this bring flexibility to customers who do not want to invest too much with friends. to be --ys were going a380 was builte for. >> we cannot deny that traffic will grow by about five percent a year thanks to asia, china, middle east. we will double every 15 years. can you imagine two times more traffic? the aircraft of the future. >> we are going to see that aircraft having a story in the united states. how do you change perception of the airline? >> good point. first of all, we have about 300 aircraft ordered and 350 to be delivered. but you are right. when aircraft