directv temporarily took viacom networks like cooedy central and nickelodeon off the air during negotiationsir will continue to negotiate with dish to reach an agreement before the deadline. in the meantime... remember you can watch oor signal free over the air... and it is also available from directv and your local caale company. you can also go one step furrher.if somebody wants to know what you can do, if you're a dish subscriber.. tell them whatever station you're concerned about, you're going to cancel the service. that'' the easiest way... tell the person you pay that you need to carry this or i'm not going to use your business anymore. i'm jennifer gilbert reporting. we reached out to dish network days. today, dish released a statement saying sinclair was asking for rates higher than they would agree to or pay parent company says the rate peeuest is far less than what dish is paying for channels that are far less popular than ours. 3 3 3 will the rain clear out as the week rolls on? on? let's go to vytas for the extended forecast. ,3 the birds' bats were booming tonight at camden yard

dish no longer carriee the a-m-c network because of a contract directv temporarily took viacom networksckelodeon off the air during negotiations. sinclair will continue to negotiate with dish to reach an agreement before the deadline. in the meantime... reeember you can watch our signallfree over thh air... and it is also your local cable company. you can also go one step further. if somebody wwnts to know what you can do, if you're a dish subscriber.. tell hem whatevvr station you're concerned about, you're going the easiest way... tell the 's - person you pay that you need to carry this or i'm ot going to use your business anymore. i'm jennifer gilbert we reached out to dish network for a comment for several asking for rates higher than they would agree to or pay some other channels. our parent company says the rate request is far less than what dish is paying forrchannels that are far less popular than do you have the winning ticket? is tooight.how much the jackpot stands... right now. now.and later... scammers are tricking you innt thinking... they're ágivingá you money.the pay day

directv temporarily took viacom networkk like comedy central and nickelodeon off the air during negotiationsirrwill continne to negotiate with dish to reach an agreement before the deadline. in the meantime... remember you can watch our signal free over the air... and it is also avaiiable from directv and your local able coopany. you can also go one step further.if somebody wants to know what you can do, if you're a dishhsubscriber.. tell them whatever station you're concerned about, you're going to cancel the service. that's the easiest way... tell the person you pay that you going to use your business anymore. i'm jennifer gilbert reporting. we... called... dish... foo comment....//they... declined... citing... pending... negotiations. 3 the new tax you could be paying...just because you work in washington d-cin 10 minutes on fox45 news at ten but next...frre ickets....to the biggest concerts...given to baltimore's top officialsin our wasteewatch cover story... after the break you know, ronny... folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they

that than to insure against a fault of instruments that were rated much lower you compared it to viacom so these are two really different stories but they're both revolving around the same country the same bond market so how are you supposed to know what to do there or what does this tell us even that there's these different fight well light scenarios yeah that's. right without without being too arcane german bond yields are very very low just like treasuries but the price of insuring german is very very high higher than the debt of lowly rated u.s. corporates so that's a that's that anomaly a conundrum and does it mean something yeah it means the financial markets are crazy it means it's very difficult to to figure out how to how to position yourself it in a safe way. so. you know i don't want to say there's nothing to do here there are things to do but there at the margin and at the core of things that used to be safe i think you have great respect that are perceived to be written safe are actually in fact risky and the solution is relatively simple the solution is to is to allow free

lawmakers some examples william cohen from viacom and former f.c.c. board members such as william kennard of the new york times and dennis fitzsimons of the tribune company this makes a perfect example of the revolving door between mainstream media and the u.s. government so why would anyone wonder why alternative news channels like r t would pick apart the quality of programming in search of bias how could the artsy motto be questioned more if we didn't ask how the board of disney who owns a.b.c. might react to critical news coverage on how labor and boeing companies who have executives on the disney board of directors consider this the us air force alone publishes one hundred forty newspapers and other media every week other government related institutions produced public information similarly the tremendous amount of information created by the state and government related corporations provide the mainstream media with news stories and have lines on a silver platter easy to access and inexpensive to produce now as americans we take pride in the idea

sorrentino is trying to catch in on some of those "jersey shore" catchphrases, but i understand that viacom is not happy about it. >> we know about gtl, gym, tan, laundry. they're like, listen, dude, you signed a contract. they won't even let the poor child put them on t-shirts. i'm saying poor child, but he got like a million the last show. haven't we given you enough? where else in the world would he be on tv? >> and we said 15 minutes. he's milked that thing. >> i'm going to start acting like an idiot so i can get my own show. wait, i'm already doing that and it's not working. >>> vanessa hudgens is taking on an un-disney-like role? >> let's say she's taking off. she's going to play a stripper. some people are like, hey, her fans won't like it, but her fans are pretty much 21. john cusack is in this movie, nicolas cage, so we'll have to see what her fans think. a trailer for the movie was released. it wasn't supposed to be released, but it was released online, but it's been taken down, so we all know about her stripping. >> so what's up tomorrow? >> we are doing a made in american winnin

. >> the affiliate fees, just copping off a major battle with directv and viacom, do you risk more blackouts? >> in disney's case, we have huge strength and popularity among advertisers and viewers. disney has been on fire. they've been number one in kids for many weeks. abc driving new transmission. so we see a relatively strong environment for driving increased sub fees for the channel that's we have. we don't have a huge number of channels. we focus on programming those that we have very, very strongly and that serves us very well and distributers well, and that's what enables us to drive -- >> very important franchises there, bob, are you looking at some of these broader economic head winds and how are you navigating them? a number of companies discussed the fiscal cliff, what's happening in europe, how do you see these issues? >> of course a company like disney that operates on a global basis so we're in virtually every territory around the world and relatively consumer facing. travel and tourism demands a healthy consumer and good product. generally speaking i would say as we look at t

. >>> viacom adding commercials to maintain revenue.ent data from nielsen says nickelodeon and comedy channel boosted ads by 9% since first half of the year. >>> they will collect $1.95 billion in extra fees this year. recent study hotels will charge access to the internet, telephone and business centers. >>> hp launch as new web app, social fix to turn the facebook time into custom note toe book. hardcover books will cost, 28.95. that is today's speed read [buzzer] david: might as well use all the seconds. you did it. you go. tracy, this is the first time. corn and soybean prices fall from the peak as concerns from the midwest drought lessen. this commodity guru says investors focusing on agriculture are missing the number one market. we'll get into that a moment. he it is father of the futures market and chairman of the cme group. leo, thanks so much for coming in. appreciate it. >> very happy to be here. david: we called you a guru. i hope you don't mind it. i think of you as the jack bogle of commodities. you have this ensigh close

take a look at shares of viacom downgraded. the reason? its high valuation, trading around the 52-week highs. digging through the report, the analyst writing he sees an operational challenge in both major business sectors and reducing the estimate douns to more conservative levels. so that's why the stock is currently down about .7 of a percent. back to you. >> i'll take it. thank you very much. gold prices are about to close in about a minute's time and sharon epperson is tracking the action as she so ably does every day. go ahead. >> thank you. we are looking at gold prices here that are about to close right around $1,623 an ounce. gold is the only commodity today in positive territory and also seeing gold prices right now above the 100-day moving average. when's helped to support gold? part of it may be due to the inflation concerns raised by that usda report on the grain market. and the fact that we're seeing, okay, very high prices for corn influencing the ethanol market and gasoline prices sky high in a few weeks and all of this rais

. >>> for companies like viacom, the underground business of media piracy is a real threat and cost thel economy a staggering $57 billion a year. for an exclusive inside look at the underground world of media piracy, tune in to a special investigation, the premier of "crime inc." tonight on cnbc and that, of course, comes right before our convention coverage. >>> in the next hour, the world's richest woman throws a giant class warfare grenade. why she says everyone should stop whining and just get a job. and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to transfer funds, pay bills or manage your finances anywhere, anytime. so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare,

one of our current, our lead media partner which has been fantastic is viacom.eo, has shown great leadership and has hit it off fantastically with our leader, cynthia germ nada, so there's a lot of potential and excitement about what we can do together. and the last bullet, alter, inform, access and adapt strategy. so we will be constantly tweaking things. metrics, so we start with the researchers. we've been doing quite a bit of due diligence, we're developing our insights, then our strategy. four components of that are online which i've talked about, the web site, short form content. on the web site we have had a quarter of a million visitor, e-mail addresses, several thousand submissions of unique content, so that's very exciting. on the road, so that's the bus tour down the street, that's working with local organizations in the born brave foundation, and lastly on air with our viacom partnership. thank you. let's get to it. [applause] >> so i'll take a moment here before we move on to julia's presentation to mention that we want to make sure we accommodate a

billion dollars market cap and it has some big customers like bank of america, zynga, as well as viacom. their second quarter loss widened but grew their sales more than 70% as they continue to attract a bigger customer base and that made their boost their full year revenue guidance, the stock is soaring, nearly 17%. the company ipoed back in april at $32. it is up since then. as for markets overall, nice gains across the board, looking to take the winning streak into month number three. of course today is the last day of august. can you believe september is when we come back after the long weekend? back to you. connell: that's right. lauren, thank you very much. after officially accepting the republican nomination last night, romney's campaign will be preparing to take the next step. we're joined by phone right now by the policy director for the campaign, perfect person to talk to today because just before i got you to call in, there was criticism that a prior guest was making and others made it as well, that last night although the governor made a solid speech, it was a little bit lig

also bunch of earnings, proctor and gamble, viacom, berkshire hathaway to name a few. >> this is -- youan work out with this. principles of banking. this is very timely. i mean you should send this everybody who is a chief executive, anybody on the board of a bank. such a complex business. can banks be properly run particularly when we've lost a lot of ceos. do you think we can effectively run the banks? >> first of all it's very kind of you to publicize that. large banks are difficult to manage and we're still working out the very large one, multinational one kansas be run properly in a way we would like in going forward post-crash. ultimate literacy possible but there's a lot of things to work through. >> thank you so much for joining us. >> still to come "squawk box" with the countdown to the employment report. good-bye for now. [ male announcer ] it's a golden opportunity... to drive a car filled with as much advanced technology as the world around it. with the available lexus enform app suite, you can use opentable to make restaurant reservations... search with bing... and listen t

in 2014, more fights like the one that has direct tv yanking viacom channels on the air, over a disputablethly fee. ashley: dennis kneale, we thank you so much. tracy: too much sports. [laughter] as we do every 15 minutes, we are going to check on the stocks with lauren. stocks are soaring, right? after cutting down? >> exactly. this is the best performer percentagewise. the s&p 500, the printer maker cutting about 13% of its workforce. 1700 workers. getting out of the inkjet and printer market. lexmark says they will save $95 million per year. they are certainly up. as for the year, that is down more than 20%. this is good news that they are restructuring for the company. back to you. tracy: thank you, lauren. ashley: they like the efficiency of it. the gop convention kicking into high gear tonight. will it do anything to sway voters minds? or is it all for show? that is coming up next. tracy: as we head out to the break, let's take a look at some of the winners and losers on the nasdaq. tracy: hurricane isaac has shot down over 93% of daily oil production in the gulf of mexico. driving o

one of our current, our lead media partner which is fantastic, viacom. phillipe damon has shown great leadership and hit it off fantastically with our leader, cynthia germanotta. so there is a lot of potential and excitement what we can do together. last bullet, reform and adapt strategy. so we're constantly be tweaking things. metrics. we start with with the research. we've been doing quite a bit of due diligence. from research we're developing insight and then our strategy. four components of that is online which i've talked about a little bit, the website, short form content. on the website we have had a quarter of a million visitors. e-mail addresses, several thousand submissions of unique content. so that is very exciting. on the road, so that is the bus tour. down the street is working with local organizations in the born brave nation and lastly on-air with our viacom partnership. thank you. let's get to it. [applause] >> so i will take a moment here before we move on to julie's presentation to mention we want to make sure we accommodate as many of

who is gaining viewers is jon stewart, owned by viacom.ure of nbc news line, and nbc late night, i think it was matter of time until the tonight show was next in line. at the same time the budget for the show stayed at a high level until now. gregg: 2.3 million a week which is an astonishing number. >> right, now it's down to 1.7 million. you have to realize the ad revenues. we went back and looked at advertising revenues nor the tonight show with jay leno back in 2009. he was bringing in about $175 million in ad revenues. but that's 2009. if you've got a higher budget and lower advertising revenues are coming in and because of the bad economy that is a very real possibility for nbc. gregg: the fall begins, new season, can we infer from this that maybe the folks at comcaast and nbc realize they are not getting good reaction to their phraoeupl timeline up this fall and they are expecting to lose some money. >> that is a very good possibility. in the summer all the networks come out with fall shows. if madison avenue did not give nbc -- by e

he served on a number of boys, viacom, kinder care learning and lowe's corporation. it is a long list. he is an active member of the council of foreign relations. board member on the committee of u.s. china relations. we'll ask him about china today which is one of his areas of expertise. in the middle here is cyrus amir-mokri, assistant secretary of financial institutions. a post once held by sheila bair in a previous administration. cyrus is most recently served as a senior counsel to the chairman of the commodities futures trading commission where he was also the agency's deputy representative to the financial stability oversight council. he has also been a partner at the law firm, focusing on a complex securities and antitrust litigation. to my far left is one of the legends of wall street, joe parella, chairman and ceo of parella, weinberg and partners. he has also been a, several senior positions at morgan stanley including vice chairman, chairman of institutional securities and institute investment banking. and of course he was the founder of, cofounder of was

at the moment you essentially can go in and buy a company like viacom and look at the fact that i'm buying that's how corporate america and private companies are looking at this. >> thank you. we'll have more with you coming up. >> up next, we'll talk to glenn hubbard, dean of the business school. and don't miss two hours with st. louis fred -- squawk will be back in two. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 depo

he served on a number of boys viacom kinder care learning and lowe's corporation. it is a long list. he is an active member of theouncil of foreign relations. board member on the committee of u.s. china relations. we'll ask him about china today which is one of his areas of expertise. in the middle here is cyrus amir-mokri assistant secretary of financial institutions. a post once held by sheila bair in a previous administration. cyrus is most recently served as a senior counsel to the chairman of the commodities futures trading commission where he was also the agency's deputy representative to the financial stability oversight council. he has also been a partner at the law firm focusing on a complex securities a antitrust litigation. to my far left is one of the legends of wall street joe parella, chairman and ceo of parella, weinberg and partners. he has also been a several senior positions at morgan stanley including vice chairman chairman of institutional securities and instite investment banking. and of course he was the founder of cofounder of waser stein pa

i was going to talk quickly just about, we're -- thanks, john about viacom. remember we heard about spongebob and ratings are down across the board. their solution is run a lot more ads to get -- >> or? >> because revenue are down because of ratings. does that -- that's like a state that doesn't have money -- isn't it? >> yes. drive viewers away. >> 9% more ads. that's weird. all of a sudden scary. it scared me. womaning up much more on isaac including a report from the gulf coast where they are bracing for impact. another victory for apple pap jury awards the company a billion dollars from samsung. i got it. i didn't mean to talk. will this push the stock above $7 haun share. you be the judge next on "squawk box". machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things..

served successly as vice president of merrill lynch and he served on a number of boards, including viacom, intel sat, kinder care -- a long list. an active member of the council on foreign relation and we're going to ask him about china today. which is one of his areas of expertise. in the middle is cyrus amir-mokri. cyrus is most recently serve as the senior counsel to the commodities trading commission and he was the deputy representative to financial stability oversight council. also been partner at the law firm, focusing on complex securities and antitrust litigation. to my far left its one of the legends of wall street, joe porella. he has also been a -- several senior positions at morgan stanley, including vice-chairman, and of course, he was the founder of -- cofounder of a law firm, and before that with his late partner, bruce, they ran the first wall street investment banking desk memorably in my own experience, my very first business story in 1982 was about boone pickens' first takeover attempt on citiservice and bruce and joe were on the other side of that dale, working for cit

he served on a number of boys, viacom, kinder care learning and lowe's corporation. it is a long list. he is an active member of the council of foreign relations. board member on the committee of u.s. china relations. we'll ask him about china today which is one of his areas of expertise. in the middle here is cyrus amir-mokri, assistant secretary of financial institutions. a post once held by sheila bair in a previous administration. cyrus is most recently served as a senior counsel to the chairman of the commodities futures trading commission where he was also the agency's deputy representative to the financial stability oversight council. he has also been a partner at the law firm, focusing on a complex securities and antitrust litigation. to my far left is one of the legends of wall street, joe parella, chairman and ceo of parella, weinberg and partners. he has also been a, several senior positions at morgan stanley including vice chairman, chairman of institutional securities and institute investment banking. and of course he was the founder of, cofounder of was

these are not just channel brands like mtv and nickelodeon, but networks like viacom. the second is that youtube is beginning to behave like a market leader. believe that your own risk of their platform is made on homemade videos of washing machines or a do. gh -- dog. this showcase is people like ray william johnson, who makes a million dollars from his comedy channel, and a platform for preparing series from big names like brian singer. you told is providing hundreds of millions of dollars in finance -- youtube is providing hundreds of millions of dollars in financial assistance to partners and using that to create and promote content. my third observation is that brands and talent are using youtube to create direct-to- consumer relationships. the most popular makeup expert in the world has over 600 million views, equivalent to a global olympic audience generated by a 22-year-old putting on lady gaga night. she asked if people want to subscribe for $10 a month to her home delivery service, and 36,000 of them did in the first 24 hours. she is now turning over somethin