netflix unbundling shows from networks and from the other end.e other than disney sling tv another one of those services has deal that includes disney but not viacom. so the media conglomerates are getting unbundled from each other. you're not seeing unbundling of the networks within one of the media conglomerates. a lot of power to force you to take the whole package. >> you told our producers earlier unbundling like in canada would be a negative for media companies and distributors yet the argument made and the way the stocks reacted when apple tv was announced it would be a positive for the content distributors because it could give them the upper hand when negotiating carriage license fees. what is it? because isn't that -- we just said that was a form 6of unbundling itself? >> it's really not. if you're disney you're driving into the apple bundle. your entire suite of channels or paid as if you're driving in your entire suite of channels. you're not really unbundling there's is risk you're a content provider who's left age the boat. that's a

apple coming out with unbundled system, a lot of providers with unbundling, could panic them and they'reunning to the government. >> excellent article in the "wall street journal" a week ago, potentially internet could be what it was in the past, bureaucrats and lawyers as opposed to entrepreneurs and vision aries. you speak first, realize there are important steps you've forgotten, netflix in general, these fast lanes are to benefit for -- >> david? david: quickly. >> quickly, david, i talk to a lot of guys on wall street. here is what they say future for netflix an companies like facebook, they will be treated like other cable content providers where they have to pay carriage fees to be loaded in internet packages then sold to consumers. sort of like cable shows are packaged together and sold to consumers. that is what they're talking about. david: i want a la carte. i want to choose individual channels i want to pay for and those and none others. speaking of tv, fox broadcasting has a new show called "empire." don't take a fox guy's opinion for it. even "new york times" admits that, p

so rate regulation, tariffing, unbundling those sections are all foreborn. i never knew what the past tense is on forebearance. we are not using them out of title ii. the point that senator thune was just making 1993 created section 332 of the communications act in the house which was sought by the wireless industry when they asked to be treated as title ii common carriers and to have forebearance from parts of the act that are no longer appropriate in a nonmonopoly situation. that included specifically as a decision by congress section 201. so the kind of example that was just raised about section 201-b being some kind of back door into rate regulation has existed for 22 years in the wireless industry and the commission has not been confronted and has not acted in this kind of way that suggested some kind of back door regulation. in fact, what has happened is that with the absence of consumer rate regulation that industry has been incredibly successful. the wireless voice industry has had $300 billion in investment since then. it was that model that is actu

talk about unbundling. everybody wants it but sony is out there with view, dish, now apple.'re going to pay a lot of money for all these little channels. espn separately, hbo separately, not cheap. you're talking about 25 channels for 30, 40 bucks a month and want extra fast broadband to be able to see those without the spinning dial, right? >> it's a good point. i just -- when i buy content i want to actually buy something that i want. and the problem with cable is i'm paying 150, $200 for, you know, probably watch three channels. >> are you paying that for just the tv or the tv, the broadband and phone? >> tv, broadband and cuts the phone. >> going to be paying for the brewed band might be paying more. >> i just went be with the broadband 50 bucks a month and you put netflix over that, apple tv, and i got sling tv. and so it's much cheaper. i'm getting the channels i want. a few i don't. i've narrowed it down and that's what apple is trying to do. it's really, you know, the democratization of tv and that's what apple is going to do here. >> we saw apple cutting the price o

i think now people have always said the unbundling of the cable model will happen soon.portant for apple at least that they can have some cable providers say to them we're going to give other people fast lanes and your content is going to be slower. the notion nobody can get a fast lane means a whole lot of people can splash in this bucket to keep our metaphor going. >> the thing i'm trying to understand is the economics of content. when i say the golden age of content right now, it's not only that the content has been great. it's that the economics have been spectacular. and the question is in an unbundled world, are the economics still spectacular? >> yes. i mean i live unfortunately in a print journalism world where it got unbundled but nobody paid for it. all you had was advertising support. if you look at netflix, amazon whatever, they're charging the consumer 25 30 40 bucks a month. so there's going to be a lot of consumers paying money, buying content. and i think it's a golden age for it. it's like the music business people were giving it away for free for awhile

. >> chairman wheeler, rate regulation, unbundling, tariffing, these are things that some of the big corporations are quite concerned about. and no doubt you've had conversations with ceos of those corporations. and you've explained what your order is. how did you explain it and what was their reaction? >> thank you, senator. so rate regulation, tariffing, unbundling, those sections are all foreborn -- i never knew what the past tense was on forebearance but we're not using them out of title 2. to the point senator thune was just making 1993 senator marky then congressman marky, created section 332 of the communications act in the house, which was sought by the wireless industry when they asked to be treated as title 2 common carriers and to have forebearance from parts of the act that are no longer appropriate in a nonmonopoly situation. that included specifically a decision by congress section 201. so, the kind of example that was just raised about section 201-b being some kind of back door into rate regulation has existed for 22 years in the wireless industry. and the commission h

so rate regulation, tariffing, unbundling, those sections are all foreborn.never knew what the past tense is on forebearance. we are not using them out of title ii. the point that senator thune was just making, 1993 created section 332 of the communications act in the house which was sought by the wireless industry when they asked to be treated as title ii common carriers and to have forebearance from parts of the act that are no longer appropriate in a nonmonopoly situation. that included specifically as a decision by congress section 201. so the kind of example that was just raised about section 201-b being some kind of back door into rate regulation has existed for 22 years in the wireless industry and the commission has not been confronted and has not acted in this kind of way that suggested some kind of back door regulation. in fact, what has happened is that with the absence of consumer rate regulation that industry has been incredibly successful. the wireless voice industry has had $300 billion in investment since then. it was that model that is actual

practice and it begins with breaking out components of work so small business can participate so unbundling contracts to the greatest extent possible. we look at the advertisements that are done by the awardee and that advertisement should stipulate a minimum period of advertisement, in our case 30 days. that's the minimum. not to say it couldn't be more than 30 days but to provide adequate notice to the community. we provide a meeting no less than 2 weeks before bids are due and typically it stands at about a half way point of 2-3-day period and to ensure there is adequate notice, adequate time for a small business to attend. adequate notice and period of time to get questions they may need to be answered. have those swrz -- answered 2 weeks in advance prior to submissions is preferable and have the small business submit good solid bids at that point or proposals. we also look at assistance that a developer and a general contractor would offer to small business in often cases where small businesses insurance is an example as a barrier. oftentimes a developer may simply impose a past due in

let's say espn ultimately long-term gets unbundled or cnbc gets unbundled.. all of a sudden espn which used to collect $7 for every cable user in the universe is now going to have to rely on a smaller group of people yeah but they can charge that group of people $10, $30. >> that's my question. the question is does the margin come down on that? are there enough people in the world who are going to spend that money to support the network? and all of these networks? >> i went to the movie the other night. i paid $15. and that was at a senior citizen discount. in addition to that -- >> if you can't see how people are going to pay for -- espn is going to make -- when they break up a company and say some of the parts is worth more than the whole, why does that make sense to you when you can make money with the sum of the parts? don't use espn. use stained glass network. >> no. but do a tbs. or do even a usa which is owned by nbc. hold on. let's take somebody that relies in large part on reruns of syndicated content which you'll be able to get on vod in the future

you can have a bundle and it's easy to unbundle.hen say these five and these five and i think it's just the beginning because the consumer wants what they do which is sometimes a bundle sometimes a subbundle. sometimes the individual shows. and i think apple has that ability. obviously in itunes they give you the individual show. i think we're going to see them run the entire continuum and that's the best way to go because it gives the consumer the choice. >> scott, it's evan newmark. i have a quick question. what about the way people today, particularly by 16-year-old son and by 18-year-old daughter watch cable tv. talk a little bit about the fundamental shift in viewing habits and why, frankly, it's hard for me to see a bubble tenndle ten years from now existing anywhere. am i underselling that? >> i think we see bundles in other properties. we buy the entire "new york times" even though we may only want the science section. but i think you're right. i think once you have a bundle you can get the subparts and i think you're right.

. >> chairman wheeler, rate regulation, unbundling, tara singh these are things that some of the big corporations are quite concerned about and no doubt you have had conversations with ceos of those corporations and you have explained what your order is. how did you explain it and what was their reaction? >> thank you senator. rate regulation tariffing all of those surf for. we are not using them out of title ii. the point that senator thune was just making 1993 senator markey and congressman markey created section 332 of the communications act in the house which was sought by the wireless industry. when i asked to be treated as title ii common carriers and to have forbearance from parts of the act that are no longer appropriate in a monopoly situation. that included specifically as a decision by congress section 201 so the kind of example that was just raised about section 201b being some kind of a backdoor into rate regulation has existed for 22 years in the wireless industry and the commission has not been confronted and has not acted in this kind of way that suggested some kind o

. >> we have more and more unbundled packages. >> what do you think? >> makes sense.rice point and what they are offer and their investment willingness to invest in content, you can see how if you have 15 channels you might want netflix to be one of them. don't you agree? >> the question to me is sports. if you're a sports fan, you're going to take the price up so high regardless. >> right. >> even with only broadband, you're still going pay $50 for broadband, netflix, do you want hbo? that will cost another 15. >> you think the bundle is a bargen. >>> i wonder what extent we're going to start to see when you look at what people are going to want what's available to them in the bundle how much of it will -- how much will trade off. not that i don't believe unbundling is a trend here to stay and it will pick up speed, i do. but i'm curious to see what the overall price comparisons will be. >> you're right. think about the stations watching the ncaa games on dialing around. >> tbs. >> tbs. i need tbs for like four saturdays of my life but i've got to pay for it. >> righ

unbundle up as you head out. we are still dark outside.wake up we'll see mostly cloudy skies and that will be the recall throughout the day. mostly cloudy, at least through the early part of tonight before we see mostly clear skies, otherwise, we're looking at a pretty quiet day. we are cold cold today, we're cold tomorrow. we're well below normal both days. tracking the chance for a few flurries. i know it's springtime but flurries and also a few showers throughout the day into the afternoon and evening hours. otherwise it's mild later on this week. we're cold to start out with and we're looking at a big-time warmup. taking a look outdoors the pocono mountains, cold today, we're in the 20s. it goes more like 9 degrees there. in philadelphia, 36 is the temperature, feels like the low 30s in philadelphia. winds out of the north, northwest at 17 miles per hour. 5 degrees colder than this time yesterday. across the area reading mostly cloudy, 32. 36 philadelphia and 36 atlantic city. wind chill is colder than that. temperatures across the reg

rate regulation, terror tariffing and forced unbundling have been superseded by a modernized regulatory approach that has already been demonstrated to work in an encouraging investment in wireless voice networks. it is important for consumers as well as companies that nothing in today's order alters the economic model for continued network expansion. the isp's revenue stream will be the same tomorrow as it was yesterday. before today, that revenue enabled companies to build ever faster networks. nothing in what we do today changes the equation for consumer revenues to isp's for tomorrow. i believe that is why sprint t-mobile, frontier communications, and google fiber, along with hundreds of smaller phone company isp's have said they are comfortable with the commission's modern regulatory approach. and, bulletin, according to this morning's "wall street journal," which quotes cablevision as saying, "we do not see at least what the chairman has been discussing as having any real impact on our business." today's order is more powerful and more expansive than any previous considered or sugg

that means no rate regulation, no tariffing, and no forced unbundling. today's action ensures isps continue to have the economic incentive to build fast and competitive broadband networks. it is in the interest of consumers, innovators, and investors that nothing in today's order alters the economic model of that has continued expansion thus far. that's why hundreds of smaller phone company isps have said they're comfortable with the commission's modern regulatory approach. and a word about process. last year most fcc rules to protect consumers and innovators online were struck down. we acted immediately to begin a process to restore open internet protections. over the past year we received input from nearly 4 million americans in one of the most transparent proceedings that this commission has ever run. there was 130 day or so public comment period. we held six round table discussions with experts on legal, technical and market issues. we heard from and responded to over 140 members of congress. our team had dozens of meetings with congressional staff.

in an unbundled world, netflix is king. it's debatable. this is a technology company, not a media company ain and is overprized. >>> simon property making a final bid for a rival. karen finerman thinks the bid may not be what it seems. the fine print next. >>> plus it's exactly one month until apple's watch hits stores. will the launch be a game changer for the stock in that and more "fast money" straight ahead. hello. i am here to offer sophisticated investing strategies. my technology can help you choose the right portfolio. monitor it. and automatically rebalance it. all without charging advisory fees, account service fees or commissions. that may be hard to compute. but i'm a computer. so trust me. it computes. say hello at intelligent.schwab.com >>> simon property group upping its offer to buy rival to $99.a a share. is simon really just throwing in the towel? karen's got the fine print. >> yes, this is the kind of fine print stuff i kind of love because this is a bump but really it's roadmap to a drop. it's a modest bump to $95.50. a

if you unbundle. he's just done a phenomenal job with the company. >> is there any retirement risk?going to be around for a while? >> no. this isn't a one-man show, not by a long shot. first off, you have to have heads of every division whether it's movies, whether it's the theme parks which josh and i were talking during the break that it's a small part of the business but it's actually going gangbusters. hiking prices $100 a day per person at disney world. you've got specialists in each of those divisions. >> scott, if you're betting against the stock what you're essentially saying is that the "avengers" sequel won't be a hit, "frozen 2" will not be a hit, the new "star wars" film will not be a hit. that's a tough thing to say. you could say all of that is priced in. i don't know if it's priced in. these -- any of these events that i've just cited could become multiples of what's being expected quite frankly. >> there's retirement risk because there's -- >> of course there is. you have a high profile ceo. >> right. >> in some cases you're buying the ceo and your belief in the ceo

this means no unbundling tariffs or other forms of rate regulation. the order does not require broadband providers to contribute to the universal service fund, nor does it impose, suggest, or authorize any new taxes or fees. in short, the order before a response to the unprecedented record in this proceeding by adopting strong, open internet protections and resting them on solid legal ground. the beer recommends adoption of this item and request editorial privileges -- the bureau recommends adoption of this item and request editorial privileges. >> thank all of you for your efforts on this. >> thank you. following years of vigorous debate, the united states adopted the bill o f rights in 1791. the framers recognized the basic freedoms as enshrined in the first 10 amendments to the constitution were fundamental to a free and open democratic society. james madison gave life to the first amendment in a scant 45 words, mr. chairman, which are fundamental to the spirit of this great nation. almost two centuries later justice william brennan would write the

cantor says netflix can reach $500 following a pickup and momentum around tv unbundling, which pulls to internet tv, and that puts will benefit from that. and in negative preannouncement the stock having his worst decline since 2001, off by 40% for the company makes products that carry internet voice and data. it is sensitive to plans. they will begin cutting costs. details to come when they announce results in late april. this is something you have been discussing with cory johnson. google up 2% after with became the latest executive to leave a big bank to take over cfo at google. some of her challenge will be to manage expenses. 35% to almost $7 billion last quarter. and oversee a boatload of cash. $60 billion worth. speaking of money, looking through bloomberg, she is due for a big raise in her job. $85 million from 2010-2013. ruth was calm about $40 million. alix: that is one use should say boatload of cash. we are a few hours away from asia's market open. china's economy showing more weakness. and ayou continue to have chinese stocks geeking out their longest winning streak in 2

business a model for the roles we adopted today means no rate regulation, no tariff in, no forced unbundling. today's action ensures isps continue to have the economic incentives to build fast and competitive broadband networks. it is in the interest of consumers innovators and investors that nothing in today's order alters the economic model that has driven continued network expansion. i believe that is why sprint t-mobile, front your communications and google fiber blog with hundreds of smaller phone companies and isps are comfortable with the commission's modern regulatory approach. last year it was struck down close to restore open internet protection input from nearly 4 million americans and one of the most transparent proceedings that this commission is overrun. it was a hundred and 30 day or so public. we held six roundtable discussions you heard from an and responded to over a hundred and 40 members of congress. i spoke with and listen to hundreds of consumers innovators entrepreneurs and meetings across the country. so today after a decade of debate in an open robust year-long proce

netflix has more room to run and after seeing a pickup in momentum under tv unbundling. netflix. also to mention, petroleum taking the biggest plunge in four months after the oil producer gave up on finding a buyer. it is selling 35 million shares at $35 apiece, 22% premium -- discount discount until monday it is issuing $1.9 billion in debt. you are seeing chesapeake energy getting a boost after carl icahn increased his stake in the company through his different funds. he has raised his stake to 11% from just under 10% previously. very quick mention of ruth porat soon to be a google. leaving morgan stanley as cfo and joining larry page and company at google. they were looking to the bloomberg terminal and found interesting numbers. he says ruth porat will have a big raise in her job because her compensation at morgan stanley was about $40 million. google cfo meantime, was compensated about $85 million during the same. -- during the same period. lisa: that is an incentive to take a move. i was optional -- i was actually looking at google and google shares are up. they ma

. >> what happens to a channel like tlc or animal planet if we unbundle. i stumbleupon no-shows.l in love with him, but i don't know if i was asked to choose six channels, i'm not sure if they would come to mind. >> my job is to make sure they do come to mind. first of all, in a world where there are so many content choices, it makes brand more important. you need curators. you're not just competing with everything on television, but everything that has been on television thomas a nothing of the web. you need a strong brand some people go, oh, i like this show on this channel. the other is, you need shows that really breakout, that are noisy. >> how long until tlc or animal planet or velocity are over the top? >> it is not clear. we have announced we will be doing a tv everywhere app later this year, and that is one thing we're working on. discovery is a global company. those channels exist all around the world as well. the changes happening in this country are one thing, but globally, it is different. >> what about amazon and netflix, friend or foe? >> we will have to think of t

this means no unbundling tariffs or other forms of regulation. the order does not contribute to the universal fun or impose suggest or authorize any new taxes or fees. in short the order before you response to the unprecedented proceeding by adopting strong open internet protections on solid legal grounds. the bureau recommends adoption of this item and request editorial privileges. thank you. >> thank you to all of you for your substantial efforts on this. ms. clyburn. >> following years the united states adopted the bill of rights in 1791. the framers recognized that basic freedoms enshrined in the first 10 amendments to the constitution were fundamental to a free and open democratic society. james madison gave life to the first amendment and a scant 45 words mr. chairman which are fundamental to the spirit of this great nation. almost two centuries later justice william brennan would write the historic 1964 "new york times" versus sullivan decision that quote debate on public issues should be uninhibited robust and wide-open. i believe preside

. >> one of the strategies is the unbundling of facebook and it is great to see the growth and how it spain. thank you. >>> and 30 seconds of free fall while unconscious, so this is what christopher jones went through seen here. he experienced a seizure in the air. he does have a history of epileptic seizures. his jump master helped him and everything was okay. >> and roundy rousy defeating a match in 14 seconds, the mastest in a match and her eighth win in less than 60 seconds. was my read 14 seconds there. if you want to see it end. to illustrate how cold it has been this winter. check out this photo from lake michigan. this is harbor light in chicago. brutal. completely frozen over. temperatures there tied a 140 year low for the coldest february on record. >>> next the long exposure image shows a rocket by space x streaking toward the sky and that is beautiful, from cape canaveral to deliver light weight electric engines. and the beibs is 21 years old and haley baldwin put this on instagram, he is shirtless and tattooed and maybe a little bit intoxicated. if you saw the video you w

not saying you have to build something and then unbundle it is a structure that encourages the investment and i think that thirdly, that that is a reality that has been proved out by the market. as you said, sprint says this works for them. t-mobile says they'll invest. google fiber who has never been regulated under title ii, says of course we'll continue to build. cablevision says, it's not going to change our business practices. the small rural rate of return carriers that we've been talking about here in this hearing they filed in support of title ii with us because i think everybody understands that appropriately done, title ii provides certainty and serious opportunity for concern. >> i'm going to start you there. i've seen the chairman bench press. i don't want to tick him off >> thank you, senator booker. >> that's quite a statement from senator booker, too. >> i'm not cory gardner. i just got moved up from the kiddie table here. it's good to be up here. my background was 12 years in technology cloud commuting, we took public and we were part of the free wheeling wild west of the

and i read the piece on -- you know tru tv you would think would fall by the wayside when we unbundlend you have to watch that game opposed to the game everyone else is watching. >> man, it really -- highest ratings in 25 years too. i just think it's just really neat. >> it's deserving. the michigan state game. where the heck did they come from? the answer is they come from march. they are just a team that appears in march. doesn't matter what they do. you can't bet against them. then you feel crumby that you forgot. >> poignant too. you saw you saw the coach at georgia state with his son. the press conference. >> i know. awesome. >> what's going on business-wise? >> i thought your interview was fantastic. it is the future. it is amazing that that company has got a huge market cap because they are developing things that the big caps can't. i keep listening to biotech. i know the group is overheated, but what do you do? you come back to this group when it comes down because these companies are developing things. sperling was saying the same thing. when it comes in you've got to buy. >>