68
68
Aug 12, 2020
08/20
by
CNBC
tv
eye 68
favorite 0
quote 0
life and legacy of course having built viacom, cbs, whose headquarters by the way, viacom right acrosstreet right there on 43rd and broadway unfortunately, jim, back to our conversation about the economy, many of those office buildings remain lightly populated even though you can come back so many businesses not sending people back, so many businesses not talking about sending people back really now until the end of the year, we've made note of course of some of the larger companies have said you can wait until next summer. it continues right now even though many people might be antsy to get back to the office and there is the economic toll on so many of those businesses that rely on people coming in and out of major urban centers every day. >> i'm glad you mentioned it because i think there is a perception that as jamie dimon said yesterday on the "today" show, look, you want everybody back wanting everybody back and getting everybody back are two different things there are lots of people who feel that they are at risk that don't want to go back. they don't want to touch the elevator
life and legacy of course having built viacom, cbs, whose headquarters by the way, viacom right acrosstreet right there on 43rd and broadway unfortunately, jim, back to our conversation about the economy, many of those office buildings remain lightly populated even though you can come back so many businesses not sending people back, so many businesses not talking about sending people back really now until the end of the year, we've made note of course of some of the larger companies have said...
155
155
Aug 6, 2020
08/20
by
CNBC
tv
eye 155
favorite 0
quote 0
"squawk on the street" is back in a minute. >>> viacom cbs on. we'll talk to bob bakish bk aomt.ni on this morng beacin men >>> futures a little bit soggy the number is a million plus for the 20th straight week adp miss still in contraction what does that mean for tomorrow >> when i listened to senator mcconnell and note that we may not have a deal, what it says to me is there was a lot of let's say pent up hope we're getting closer and closer to a workable vac soon and the other is a workable deal if we don't have a deal we have to have a selloff. david, i don't know how far apart you think they'll be if we can't get a deal it can't be the same as getting a deal. >> no, it can't. it would be a significant blow to this economy, we all know that, jim. we're looking forward to your interview with speaker pelosi. the numbers indicate they are far apart but there is area for compromise one would expect. there are a great many millions and millions of people who are depending on that. >> carl, most of the companies that are rallying are companies that
"squawk on the street" is back in a minute. >>> viacom cbs on. we'll talk to bob bakish bk aomt.ni on this morng beacin men >>> futures a little bit soggy the number is a million plus for the 20th straight week adp miss still in contraction what does that mean for tomorrow >> when i listened to senator mcconnell and note that we may not have a deal, what it says to me is there was a lot of let's say pent up hope we're getting closer and closer to a workable vac...
34
34
Aug 13, 2020
08/20
by
KPIX
tv
eye 34
favorite 0
quote 0
in 1987 he launched a hostile takeover of weill -- viacom. after beating prostate cancer, he turned more attention to philanthropy and in 2016 he stepped down as chairman of cbs and viacom. the ceo wrote today he was a true industry titan, a and interurban pioneer whose influence on the media and entertainment landscape cannot be overstated. dsyeard. >>> oversees a major oil spill has the island nation in a state of emergency. more than 250,000 gallons of oil started leaking from a japanese tanker last month after it hit a coral reef. now that black sludge is washing up on the pristine beaches killing wildlife, threatening endangered species, the remaining oil has been pumped from that vessel. >> time for our local weather, it is mid august, and i guess we are about to feel the real deal? >> the warmest weather in about a month on the way as we head into the weekend. we have warmer weather if not hotter weather ahead. this little batch of clouds is going to slide up towards us tomorrow into friday, but high clouds flooding overhead, we are go
in 1987 he launched a hostile takeover of weill -- viacom. after beating prostate cancer, he turned more attention to philanthropy and in 2016 he stepped down as chairman of cbs and viacom. the ceo wrote today he was a true industry titan, a and interurban pioneer whose influence on the media and entertainment landscape cannot be overstated. dsyeard. >>> oversees a major oil spill has the island nation in a state of emergency. more than 250,000 gallons of oil started leaking from a...
195
195
Aug 12, 2020
08/20
by
CNBC
tv
eye 195
favorite 0
quote 0
and shareholder of viacom cbs.s 97. avenues brilliant visionary. transformed a company into a media portfolio and force majeure. fierce competitor for 30 years led viacom as executive chairman of the board following national amusement. mr. redstone served as executive board of cbs and viacom in february of 2016 he assumed the role of chairman emeritus. they go on to mourn the passing and extend as we do the deepest sympathies to the redstone family sumner redstone dead at 97 andrew, i guess we all -- he was he 97. he's been around as long -- >> we all have a long history with him >> made such a profound impact on the world of media overall. i had an opportunity to cover his world and watch it like you and all of us. and he was a force majeure in so many ways and a true deal maker. someone who was looking at that stock price on the hour every hour if not in between and he would jump on the phone and tell you what he liked and didn't like, depending on what you wrote about him. and it's a sad day for everybody and we
and shareholder of viacom cbs.s 97. avenues brilliant visionary. transformed a company into a media portfolio and force majeure. fierce competitor for 30 years led viacom as executive chairman of the board following national amusement. mr. redstone served as executive board of cbs and viacom in february of 2016 he assumed the role of chairman emeritus. they go on to mourn the passing and extend as we do the deepest sympathies to the redstone family sumner redstone dead at 97 andrew, i guess we...
80
80
Aug 13, 2020
08/20
by
KPIX
tv
eye 80
favorite 0
quote 0
to19 he took over control of f the cable company viacom, which also owned showtime and m tv.ries of mergers and deals, he would add paramount pictures, cbs television, and infinity radio stations, creating one of the largest media companies in the world. >> i want to be number i'm not sayin saying i always w orwas, but i'm driven to be number one. i think it has a lot to do with my success and the success of viacom. >> his media empire would make him one of the country's wealthiest men and with three words he also uttered a defining philosophy for his industry. as he put it: "con tenth is ♪ ♪ captioning sponsored by cbs >> brennan: tonight, back to school on the brink. for a 16th straight day, the u.s. death toll reaches an average of 1,000 deaths, the daunting choices facing parents. tonight, one of the country's biggest school systems goes virtual. classrooms that had just reopened now tell students to quarantine. plus, from the masters to football, the changes to the fall sports season just announced. increasing infections: texas surpasses half a million cases of coronavir
to19 he took over control of f the cable company viacom, which also owned showtime and m tv.ries of mergers and deals, he would add paramount pictures, cbs television, and infinity radio stations, creating one of the largest media companies in the world. >> i want to be number i'm not sayin saying i always w orwas, but i'm driven to be number one. i think it has a lot to do with my success and the success of viacom. >> his media empire would make him one of the country's wealthiest...
62
62
Aug 12, 2020
08/20
by
CNBC
tv
eye 62
favorite 0
quote 0
and then, of course, he was responsible for the split of viacom and cbs, a dramatic move that said a lot about what was going on in that moment in time. in the sense these different assets would grow at different speeds now in retrospect, many would argue that he should have left those two companies together of course, cbs and viacom recombined viacom and cbs looking for that scale which is considered so crucial in the media space and notably, jon, we'll hear from one of the next generation of the ceos in this space jason kyler head of warner media and we'll hear from him later in the hour about what's going on there, the future of hbo max but just reflecting on sumner redstone and the opportunities i had to interview him really interesting in his persistent focus on content the idea that content is king and if you can get the content right, everything follows from that, jon. >> speaking of content, we'll begin this morning with tiktok as "the wall street journal" reports that that company tracksed user data by employing a tactic banned by google. several tech companies make a push t
and then, of course, he was responsible for the split of viacom and cbs, a dramatic move that said a lot about what was going on in that moment in time. in the sense these different assets would grow at different speeds now in retrospect, many would argue that he should have left those two companies together of course, cbs and viacom recombined viacom and cbs looking for that scale which is considered so crucial in the media space and notably, jon, we'll hear from one of the next generation of...
116
116
Aug 13, 2020
08/20
by
KPIX
tv
eye 116
favorite 0
quote 0
in 1987, he bought and expanded viacom. by 1999, viacom s became his.the early 2000s, a cancer diagnosis gave him months to live. redstone scared even cancer, living for almost two more decades. >> sometimes it was difficult, but it was always exciting. >> reporter: he never wanted to retire or die. today, he did at home in los angeles, blowing kisses to his family on facetime. sumner redstone always had the last word. he toasted himself once saying, "here's to us who won." mark strassmann, cbs news, atlanta. >> brennan: and there is still much more news ahead on tonight's "cbs evening news." who shot at an air force helicopter in the skies over virginia? paradise lost: a devastating oil spill that could take decades to recover from. later, the music never stopped when technology proved mightier than the coronavirus. ♪ ♪ and trulicity activates my body to release it like it's supposed to. once-weekly trulicity is for type 2 diabetes. it's not insulin. it starts acting from the first dose. and it lowers risk of heart attack, stroke, or death in people wi
in 1987, he bought and expanded viacom. by 1999, viacom s became his.the early 2000s, a cancer diagnosis gave him months to live. redstone scared even cancer, living for almost two more decades. >> sometimes it was difficult, but it was always exciting. >> reporter: he never wanted to retire or die. today, he did at home in los angeles, blowing kisses to his family on facetime. sumner redstone always had the last word. he toasted himself once saying, "here's to us who...
63
63
Aug 21, 2020
08/20
by
CNBC
tv
eye 63
favorite 0
quote 0
viacom seeking $5.5 million for every 30 second spot considering the current pandemic, ad buyers areassurance they'll be let out of the commitment should the nfl halt the season. a lot of uncertainty here. >> the kansas city chiefs will no longer allow native american head dresses looking at other practices as other teams are facing fierce criticism for the way they use native american traditions >> jay-z spotted hanging out with jack dorsey in the hamptons tmz calls it the multi-millionaire man march. pointing out that dorsey donated $10 million to the reform alliance which jay-z founded you had him mentioned in the rapper's track with pharrell called "entrepreneur." ♪ like twitter with jack ♪ ♪ like everyone to gucci. >> did you get that? if you are old, dom, you might have missed the lyrics >> i am old but i did catch some of the lyrics in there >> are you a hamptons person, contessa >> i'm in the woods. i would have preferred the beach but being married means you have to make sacrifices >> i do have some friends out there. megan and mike, maybe i'll see you out there this summer.
viacom seeking $5.5 million for every 30 second spot considering the current pandemic, ad buyers areassurance they'll be let out of the commitment should the nfl halt the season. a lot of uncertainty here. >> the kansas city chiefs will no longer allow native american head dresses looking at other practices as other teams are facing fierce criticism for the way they use native american traditions >> jay-z spotted hanging out with jack dorsey in the hamptons tmz calls it the...
45
45
Aug 14, 2020
08/20
by
BLOOMBERG
tv
eye 45
favorite 0
quote 0
viacom shares of 3.4% right now.hat is also given the s&p a little extra lift looking at the chinese yuan, trending lower. the agreement by israel and the united arab emirates to begin, lysing has been hailed as a crucial step towards peace in the region. it is being denounced by palestinian officials as a betrayal, however. us is israel's ambassador to the united states, ron dermer. thank you for joining. the secretary-general did welcome the announcement but did say he hopes it needs for palestinians for illegal -- for a legal understanding. does this bring us any closer? ambassador dermer: we are always ready to talk to the palestinians. palestinians, the have rejected almost every plan that has been put on the table. they recently rejected president trump's plan, who put forward a plan six months ago. opportunitycome the to reengage with the palestinians. i think with this agreement with the emirates to do is it will make an israeli-palestinian peace more likely. for long time, people believed that the road to pe
viacom shares of 3.4% right now.hat is also given the s&p a little extra lift looking at the chinese yuan, trending lower. the agreement by israel and the united arab emirates to begin, lysing has been hailed as a crucial step towards peace in the region. it is being denounced by palestinian officials as a betrayal, however. us is israel's ambassador to the united states, ron dermer. thank you for joining. the secretary-general did welcome the announcement but did say he hopes it needs for...
205
205
Aug 12, 2020
08/20
by
KPIX
tv
eye 205
favorite 0
quote 0
he bought viacom, owner of mtv and showtime in 1987. he took control of cbs through a 2000 merger. four years ago, in failing health, redstone handed over his business to his daughter, sherry, after a court fight. his entertainment mantra was content is king. >> among many of the remarkable moments in his life, he coined the term multiplex. >> yes. >> our condolences to sherry redstone and the redstone family. >> much more on his life ahead later in the show. >>> coronavirus outbreaks and fears are forcing schools acros how his mother said the incident still affects her son almost two years later. you're watching "cbs this morning." ♪ (becky) i started smoking when i was 16. now i have end-stage copd. my tip is, if you keep smoking, your freedom may only go as far as your oxygen tube. (announcer) you can quit. call 1-800-quit now for help getting free medication. when you drink or eat something that's acidic everyone is at risk for enamel loss. it sucks the minerals out of the tooth's surface. pronamel is formulated to help deliver minerals to the tooth's surface to help reharden a
he bought viacom, owner of mtv and showtime in 1987. he took control of cbs through a 2000 merger. four years ago, in failing health, redstone handed over his business to his daughter, sherry, after a court fight. his entertainment mantra was content is king. >> among many of the remarkable moments in his life, he coined the term multiplex. >> yes. >> our condolences to sherry redstone and the redstone family. >> much more on his life ahead later in the show....
69
69
Aug 6, 2020
08/20
by
CNBC
tv
eye 69
favorite 0
quote 0
is viacom cbs a dinosaur or do i remain long in. >> the cbs platform has 16 million subscribers.s up 74% year over date here is kind of the secret sauce. a year and a half ago they bought pluto free tv for 340 million. now that gives them 26 million subscribers that they can advertise the cbs all access subscription service to. that's a great business model. stick with this. it's growing right now >> thank you for that. pete, roger in denver. what about cryoport, is it still a buy? >> i think it is it's a billion dollar company that -- it's logistics it's shipping all sorts of different bio medical things across the country it's very important. i like the company i do like the stock. >> brenda to you from gary buy, sell, hold on p and g >> this is really defensive company. we think there's room in a diversified company. organic growth is 6% during the last quarter they are also in the last year of a five-year plan to reduce overall costs. we think that will likely contribute to margin improvement over the next year we continue to like this company. >> josh. is it safe to enter am
is viacom cbs a dinosaur or do i remain long in. >> the cbs platform has 16 million subscribers.s up 74% year over date here is kind of the secret sauce. a year and a half ago they bought pluto free tv for 340 million. now that gives them 26 million subscribers that they can advertise the cbs all access subscription service to. that's a great business model. stick with this. it's growing right now >> thank you for that. pete, roger in denver. what about cryoport, is it still a buy?...
437
437
Aug 16, 2020
08/20
by
KPIX
tv
eye 437
favorite 0
quote 0
his daughter, shari redstone has taken over the reins of viacom cbs. >> pauley: with less than 12 weeks house is heating up. and so, eriarty ofs tell us is e controversy surrounding just where and how we'll vote. >> reporter: is it fair to say that business is booming for you? >> we have been getting more and more calls from counties across the country that need help, and we are literally, at this point, sold out. >> reporter: for nearly 50 years, kevin runbeck's company has helped americans elect their leaders, from supplying software and voting equipment to many states, counte ballots in arizona. >> wearying each ballot as we print it. >> reporter: but this year, he can barely keep up with demands, long lines in the midst of wisconsin, georgia, and at a texas runoff election last month, have created an unprecedented call for mail-in ballots for this fall's general election. >> we're out here in 103 degrees, sweltering heat. people can die from heatstroke. people could catch covid. >> my preference would certainly be a mail-in ballot. i do not feel comfortable, but i feel compelled to
his daughter, shari redstone has taken over the reins of viacom cbs. >> pauley: with less than 12 weeks house is heating up. and so, eriarty ofs tell us is e controversy surrounding just where and how we'll vote. >> reporter: is it fair to say that business is booming for you? >> we have been getting more and more calls from counties across the country that need help, and we are literally, at this point, sold out. >> reporter: for nearly 50 years, kevin runbeck's company...
103
103
Aug 12, 2020
08/20
by
KNTV
tv
eye 103
favorite 0
quote 0
. >>> well, the man who built a media empire from his family's drive-in movie chain to viacom and cbs, he's died at the age of 97. he had vowed to never give up the reigns for his sprawling conglomerate. but four years ago he actually stepped away from everything, managing it all to his daughter, with whom he had a contentious relationship with of the control of the day-to-day operations. >> you, tolltakers in the bay area are off during the pandemic so drivers aren't getting bills in the mail. the amount of tolls that still haven't been paid. >>> plus, before the pandemic, the american passport was a key into hundreds of countries. now u.s. travelers are stuck at home. a look at what countries are open to americans again. >>> and kelly clarkson is brought to tears. what the country music star said that had kelly in stitches. it's always a good time on "the kelly clarkson show" coming up for you at 3:00 this afternoon right here on nbc bay area. >> coming up after nbc bay area news at 11:00, "california live" followed by "access daily." then "days of our lives" at 1:00. that's great!
. >>> well, the man who built a media empire from his family's drive-in movie chain to viacom and cbs, he's died at the age of 97. he had vowed to never give up the reigns for his sprawling conglomerate. but four years ago he actually stepped away from everything, managing it all to his daughter, with whom he had a contentious relationship with of the control of the day-to-day operations. >> you, tolltakers in the bay area are off during the pandemic so drivers aren't getting...
19
19
tv
eye 19
favorite 0
quote 0
has on mr integration go to make it clear to him that there's no getting around this dialogue for viacom's. german foreign minister speaking that now let's take a look at some of the other stories making headlines around the world today the german government says more facts on needed to stop this whether russian opposition leader alexei in a valley was poisoned vanny is in a critical but stable condition in a berlin hospital after being airlifted out of russia on saturday germany says it is taking the possibility of a poison attack very seriously. at least 10 people have died and dozens have been wounded in 2 explosions in the southern philippines the blast struck the town of jolo on jolo island stronghold of an extremist group allies to the so-called islamic state soldiers and civilians are among the dead. protesters who are out on the streets in the u.s. city of cannot show was constant late on sunday after police shot and seriously injured a black man it's the latest protest against police brutality and racism since the death of george floyd in may i thought he said the officers involve
has on mr integration go to make it clear to him that there's no getting around this dialogue for viacom's. german foreign minister speaking that now let's take a look at some of the other stories making headlines around the world today the german government says more facts on needed to stop this whether russian opposition leader alexei in a valley was poisoned vanny is in a critical but stable condition in a berlin hospital after being airlifted out of russia on saturday germany says it is...
31
31
tv
eye 31
favorite 0
quote 0
and we only have about a minute or so left he has lawsuits out one against netflix and one against viacom c.b.s. because in episode one episode of c.b.s. one on netflix they are it's a line in each episode about his affiliation or association with epstein and the island blah blah blah does he have a case legally to get them to take those episodes off the air. you know does he have a case legally sure whether or not is a different story i think they make. money do they enjoy this sense of notoriety by people talking about shows which frankly 90 percent of the population of never heard of but steve he's got a tremendous point but listen i want you to i want to leave you with this this is the constitution of the united states this guarantees a free and an uncensored and they will bust new media and press we have to always maintain this however that has to be balanced with the rights of individuals especially in this world right now steve of social media and crazy troll or and people who say the most vile thing there has to be a there has to be a balance and this is critical for the 1st amend
and we only have about a minute or so left he has lawsuits out one against netflix and one against viacom c.b.s. because in episode one episode of c.b.s. one on netflix they are it's a line in each episode about his affiliation or association with epstein and the island blah blah blah does he have a case legally to get them to take those episodes off the air. you know does he have a case legally sure whether or not is a different story i think they make. money do they enjoy this sense of...
147
147
Aug 27, 2020
08/20
by
CNBC
tv
eye 147
favorite 0
quote 0
medtronic to take advantage of the deferred electricive and semi-elective procedures >> jim lebenthal >> viacomde from wells faro. look, there's also sports, there's also the studio business, this is very undervalued. >> okay. wow, a bullish call there. carey firestone, wrap it up. >> home depot, and we didn't plan it together, steve and i. >> very nice >>> good wrap-up, everybody. with that we wrap up this halftime "the exchange" begins right now with the market losing some steam. >>> thank you, brian hi, everyone score another one for the bulls, we thought, but we're losing gains, this after the fed lost -- what the market fears as lower rates are longer the question is whether the whole thing will backfire and create asset bubbles maybe it has already we'll discuss. >>> spea
medtronic to take advantage of the deferred electricive and semi-elective procedures >> jim lebenthal >> viacomde from wells faro. look, there's also sports, there's also the studio business, this is very undervalued. >> okay. wow, a bullish call there. carey firestone, wrap it up. >> home depot, and we didn't plan it together, steve and i. >> very nice >>> good wrap-up, everybody. with that we wrap up this halftime "the exchange" begins right...
47
47
Aug 12, 2020
08/20
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
one of the trustees as his whohter -- is his daughter pushed for the merger of viacom and cbs last years 97.edstone this is bloomberg. ♪ caroline: welcome back. we are waiting to hear from the presidential -- democratic presidential candidate, joe biden and his newly appointed -- california senator, kamala harris. let's talk about the shares of an online car retailer. the e-commerce platform benefiting from the social distancing trend and internet shopping. the company launched its 25th spending machine. explain, the president and chairman. great to spend time with you today. talk to us about this vending machine. towed to us about the mission -- talk to us about the mission in changing the way people buy cars. the pandemic seems to has come -- seems to have committed many to your vision. >>>> thank you for having us. we started seven years ago trying to create new way to sell cars to customers to make the experience simpler, to give customers better selection and a with bettererience prices. you're talking about the vending machine, which has been a big part of that. dealerships spend
one of the trustees as his whohter -- is his daughter pushed for the merger of viacom and cbs last years 97.edstone this is bloomberg. ♪ caroline: welcome back. we are waiting to hear from the presidential -- democratic presidential candidate, joe biden and his newly appointed -- california senator, kamala harris. let's talk about the shares of an online car retailer. the e-commerce platform benefiting from the social distancing trend and internet shopping. the company launched its 25th...
42
42
Aug 12, 2020
08/20
by
BLOOMBERG
tv
eye 42
favorite 0
quote 0
he was a movie theater operator who became a media mogul late in life by buying viacom, paramount picturescbs. he controlled his assets through his closely held national amusements. ownership of the company will pass to a family trust. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> this is now life-and-death. we are talking about the lapse alreadyits that is triggering food insecurity, homelessness, and it will not be -- anytime soon. swonk speaking to us in last when he for hours. coming up, looking forward to speaking with priya misra on a five day selloff on the treasury market. lisa: she is the perfect person to talk to, also about the incredible amount of supply from the u.s. treasury with another 10 year note sale. i will be looking forward to listening to that interview. right now i want to shift after the bell. we will be getting earnings from lyft following the worse than expected earnings from hoover. joining us to talk about it is angelo --
he was a movie theater operator who became a media mogul late in life by buying viacom, paramount picturescbs. he controlled his assets through his closely held national amusements. ownership of the company will pass to a family trust. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> this is now life-and-death. we are talking about the lapse...
101
101
Aug 21, 2020
08/20
by
FBC
tv
eye 101
favorite 0
quote 0
viacom, cbs wants to rake in bigtime dollars for next year's super bowl.lauren, they're going to charge a lot of money, and i guess -- is that going down well with the advertisers? >> i can't imagine right now advertisers agreeing to pay $5.5 million for a 30-second super bowl ad. that's essentially what was charged last year, but we're in the middle of covid! no one's spending money right now. so, you know, the season hasn't officially started. we have no idea how it's going to end, but we do know that is a he hefty price to pay. yeah, you have the eyeballs, over 100 million people sit on the couch, they watch it live. that is worth it for many brands. but i think cbs/viacom, they better have some refund guarantee because i don't see many brands saying that -- stuart: it's the highest charge for a super bowl ad ever, i'm pretty sure of that. >> it's close. it's tone deaf, if you ask me. that's just my opinion. stuart: got it. stay with football. ashley, come into this, please. i want some more detail. the kansas city chiefs are going to -- they have some
viacom, cbs wants to rake in bigtime dollars for next year's super bowl.lauren, they're going to charge a lot of money, and i guess -- is that going down well with the advertisers? >> i can't imagine right now advertisers agreeing to pay $5.5 million for a 30-second super bowl ad. that's essentially what was charged last year, but we're in the middle of covid! no one's spending money right now. so, you know, the season hasn't officially started. we have no idea how it's going to end, but...
69
69
Aug 12, 2020
08/20
by
KNTV
tv
eye 69
favorite 0
quote 0
sumner redstone that built a media empire built to viacom and cbs died at 97. it was aggressive acquisitions and many headlines with his name focused on the serving ties with actors and multiple interviews he said he quote never would die. redstone vowed never to give up the reins of the conglomerate but four years ago he stepped away from managing it. and for his daughter who he actually had a contentious relationship with. >>> now to something good for you. should hear this this morning. southern california the largest oak tree in north america still standing. it was threatened by the wildfire but saved by a crew. so-called campaign -- i'm sorry. so called champion oak but in the path of the apple fire, this is burning in northwest palm springs. tim krantz of the garden director knew that it needed protecting so the group of 30 inmates, they were assembled to help save that tree. >> it was a special crew. it's a convict crew. the fire crew guys are lugging chain saws and fuel and picks and shovels dressed in full fire gear. the guys basee in circumferenc. abo
sumner redstone that built a media empire built to viacom and cbs died at 97. it was aggressive acquisitions and many headlines with his name focused on the serving ties with actors and multiple interviews he said he quote never would die. redstone vowed never to give up the reins of the conglomerate but four years ago he stepped away from managing it. and for his daughter who he actually had a contentious relationship with. >>> now to something good for you. should hear this this...
92
92
Aug 12, 2020
08/20
by
KGO
tv
eye 92
favorite 0
quote 0
he controlled the company that owns cbs and viacom. >>> and number two, joe biden and kamala harris willr together in delaware this morning. >>> and number three, today is the first day of school in san jose. yesterday the district announced that they will give teachers the dhis wo choice to work from home until l >>> and governor newsom will update the state's response to the pandemic and we'll bring you his remark bes at noon. >>> and number five, most of us gray this morning with some measurable drizzle up in the east bay hills so far. temperature in the upper 50s and low 60s. notice this afternoon, noticeably warmer except for the coast 60s, rest of us 70s, 80s and 90s. just the beginning. >>> and number six, biggest backup we're seeing is at the bay bridge toll plaza. metering lights came on at 6:03. >>> and numbnumber seven, the c fair goes virtual today. it is free for students and you can sign up by going to tallo.com/ping. and we wish you all the best of luck because this is a crazy time, but be encouraged. >> can i give >>> good morning, america. trailblazing running mate. joe
he controlled the company that owns cbs and viacom. >>> and number two, joe biden and kamala harris willr together in delaware this morning. >>> and number three, today is the first day of school in san jose. yesterday the district announced that they will give teachers the dhis wo choice to work from home until l >>> and governor newsom will update the state's response to the pandemic and we'll bring you his remark bes at noon. >>> and number five, most of...
72
72
Aug 4, 2020
08/20
by
CNBC
tv
eye 72
favorite 0
quote 0
right now netflix sales about $225 billion market gap, viacom, cbs, sells abouts $14 billion market capthere's just excessive extremes netflix at 75 times earnings and viacom at 6.5 times earnings those things typically don't last >> david, when we talk about big tech now, we have to also talk about the broader indexes, because they represent such a huge proportion of the major indexes that a lot of our viewers are invested in. so faang drove 40% in july bearish on big tech, are you bearish on major indexes and what do you aid vidvise investoo do shorting selling? >> cautious about getting more money into big tech. flip side is you're exactly right. a lot of the market which is doing well in terms of their business, has not seen their stock prices do anything we think a lot of attractive places in the market just wouldn't be filing money into the teslaing of the world rather butting it into a dell communications companies like a verizon, an at&t we think health care companies are attractive like a cvs or gilead if you can play 12 times earnings for these companies we think you'll do ver
right now netflix sales about $225 billion market gap, viacom, cbs, sells abouts $14 billion market capthere's just excessive extremes netflix at 75 times earnings and viacom at 6.5 times earnings those things typically don't last >> david, when we talk about big tech now, we have to also talk about the broader indexes, because they represent such a huge proportion of the major indexes that a lot of our viewers are invested in. so faang drove 40% in july bearish on big tech, are you...
131
131
Aug 13, 2020
08/20
by
KQED
tv
eye 131
favorite 0
quote 0
he built an empire that included cbs, viacom and paramount pictures and helped shape the modern day entertainmentndustry. his final years were marked by corporate battles and legal disputes with former girlfriends. he was 97. still to come on the "newshour with judy woodruff," young people face the realities of covi as they account for rising numbers of new infections. migran from around the world c risk deathssing the dangerous jungle between panama and colombia. announcer: this is the "pbs wshour" from weta studios in washington and in e west from the walter cronkite school of journalism a arizona state university. judy: young people make up a large portion of the new covid-19 cases that are being seen across the u.s. in some states, like arizona and florida, people undnt 45 acc for more than half of all cases. as stephanie sy reports, doctors are warning that young people need to take more precautions not only to keep from spreading the virus to older americans but for their own sakes, as well. stephanie: when florida eased its lockdown andllowed restaurants and bars to reopen, 22-year-old nic
he built an empire that included cbs, viacom and paramount pictures and helped shape the modern day entertainmentndustry. his final years were marked by corporate battles and legal disputes with former girlfriends. he was 97. still to come on the "newshour with judy woodruff," young people face the realities of covi as they account for rising numbers of new infections. migran from around the world c risk deathssing the dangerous jungle between panama and colombia. announcer: this is...
49
49
Aug 14, 2020
08/20
by
FBC
tv
eye 49
favorite 0
quote 0
norwegian 19% is short but also other companies that benefit from an open society, open economy, viacoms, it goes on and on and on, i am with the, i think a vaccine will happen and i think the american public believes is going to happen, i want to talk to you about the other topic, physical help, if you asked me a month ago i would say it's going to happen but we will get a deal before the recess, i don't know why i'm shocked but what if we get nothing, what if the help we've got from the federal government is all we get, can this economy continue to rebound? >> i think it canna goes back to the word i used in my previous comments, confidence and credibility to the recovery that both the federal government and the treasury clearly helped, the president can step in and the treasury can step in as well if congress does not get this right and get some sort of a deal, i go back to 2011 during the super committee, i called the something else, they did not get it done and i'm fearful that it may not get done this time around, however, we do think the economy is on better ground, the consumer
norwegian 19% is short but also other companies that benefit from an open society, open economy, viacoms, it goes on and on and on, i am with the, i think a vaccine will happen and i think the american public believes is going to happen, i want to talk to you about the other topic, physical help, if you asked me a month ago i would say it's going to happen but we will get a deal before the recess, i don't know why i'm shocked but what if we get nothing, what if the help we've got from the...
134
134
Aug 12, 2020
08/20
by
KQED
tv
eye 134
favorite 0
quote 0
from his family's drive-in movie chain, he built an empire that included cbs, viacom, and paramount pictures and helped shape the modern day entertainment industry. but his final years were marked by corporate battles and legal disputesith former girlfriends. sumner redstone was 97 years old. still to come on the newshour: young people face the realits of covid as they account for a rising number of new infections. plus, migrants from around the world risk death crossing e dangerous jule betd en panama anlombia. >> woodruff: young people make up a large portion of the new covid-19 cases being seen acss the u.s. in some states, like arizona and florida, people under 45 account for more than half of all ieses. as stephy reports, doctors artowarning young people nee take more precautions, not only to keep from spreadingirus to older americans, but for their own sakes as well. >> reporter: when florida eased its lockdown and allowed restaurants and bars to reopen, 22-year-old nikki cortland was excited about the possibility of going out. she'd followed stay-at-home orders for more than two month
from his family's drive-in movie chain, he built an empire that included cbs, viacom, and paramount pictures and helped shape the modern day entertainment industry. but his final years were marked by corporate battles and legal disputesith former girlfriends. sumner redstone was 97 years old. still to come on the newshour: young people face the realits of covid as they account for a rising number of new infections. plus, migrants from around the world risk death crossing e dangerous jule betd...
146
146
Aug 12, 2020
08/20
by
KPIX
tv
eye 146
favorite 0
quote 1
he was a controlling shareholder of viacom cbs. the ceo had this to say about redstone. sumner was a true industry titan. a brilliant and driven pioneer whose influence on the media and entertainment landscape cannot be overstated. again, he was 97. >>> the stock market is looking to bounce back after closing in the red yesterday. could see green today. the dow is up more than 270 points. and this morning, shares of moderna are soaring after the company announced a covid-19 vaccine deal with the u.s. shared jumped more than 10% after closing bell yesterday. the trump administration says the u.s. will purchase 100 million doses of the experimental vaccine. that is part of the federal government's operation warp speed. that deal is worth about $1.5 billion. >> there's a process that takes place at the fda. it's not one person who says we're good to go. you know, it goes through a bunch of data scientists who look at the data and compare it to other data and they render these you know, recommendations. >> if testing goes well a vaccine will possibly be available to the publ
he was a controlling shareholder of viacom cbs. the ceo had this to say about redstone. sumner was a true industry titan. a brilliant and driven pioneer whose influence on the media and entertainment landscape cannot be overstated. again, he was 97. >>> the stock market is looking to bounce back after closing in the red yesterday. could see green today. the dow is up more than 270 points. and this morning, shares of moderna are soaring after the company announced a covid-19 vaccine...
50
50
Aug 29, 2020
08/20
by
CSPAN3
tv
eye 50
favorite 0
quote 0
uncounted and thatut vietnam, the general westmoreland had been fooling around with the numbers of the viacomhat had died to make it look like we were winning the war. there is evidence of that. this documentary came out and said that he was fudging the numbers. he sued for $120 million. the problem was when they did that, the editor of the film, a why were you excited about this? they did three or four questions around the same subject. they combined answers to different questions in this thing. but hehe same subject, wasn't answering that question. even if it is close to what he did. eventually the lawsuit was dropped. now you moved to reality tv. calledm in reality tv is the franken bite. take a paras, you graph, flip the words around, at this, and make it better. in jinx, the famous scene is the durst is going to bathroom, and they leave the microphone on. in the bathroom, he appears to confess to these murders. what did i do? i've killed them all. that's what i did. they claim they only discovered material verys premier. the hbo people are saying they knew about this for two years, and t
uncounted and thatut vietnam, the general westmoreland had been fooling around with the numbers of the viacomhat had died to make it look like we were winning the war. there is evidence of that. this documentary came out and said that he was fudging the numbers. he sued for $120 million. the problem was when they did that, the editor of the film, a why were you excited about this? they did three or four questions around the same subject. they combined answers to different questions in this...
78
78
Aug 19, 2020
08/20
by
FBC
tv
eye 78
favorite 0
quote 0
viacom cbs has been looking to consolidate since its merger last year.nd the nation's leading ceos getting a 14% pay raise last year. chief executives at the top 350 u.s. companies by sales made an average of $21.3 million in 2019. that's according to the economic policy institute. this means the average ceo made 320 times more than their typical employee, maria. and those rush headlines. back of over -- and those are your headlines. back over to you. maria: thank you. clinching the nomination, joe biden officially securing his party's nod the race for the white house during night two of the democratic national convention. current and former party leaders speaking out about the former vice president. take a listen. >> our party is united in offering you a very different choice, a go to work president, a down-to-earth, get the job done guy, a man with a mission to take responsibility, not shift the blame, concentrate, not distract. unite, not divide. our choice is joe biden. >> with president biden, vice president harris and a democratic majority of, we w
viacom cbs has been looking to consolidate since its merger last year.nd the nation's leading ceos getting a 14% pay raise last year. chief executives at the top 350 u.s. companies by sales made an average of $21.3 million in 2019. that's according to the economic policy institute. this means the average ceo made 320 times more than their typical employee, maria. and those rush headlines. back of over -- and those are your headlines. back over to you. maria: thank you. clinching the nomination,...
400
400
Aug 2, 2020
08/20
by
KPIX
tv
eye 400
favorite 0
quote 0
he is currently working from home as a special advisor for what is now viacom cbs. >> generations turnf these years, now count himself a part of it, too. actions and check your balance from here. you can detect suspicious activity on your account from here. and you can pay your friends back from here. so when someone asks you, "where's your bank?" you can tell them: here's my bank. or here's my bank. or, here's my bank. because if you download and use the chase mobile app, your bank is virtually any place. so visit chase.com/mobile. for people with heart failure taking entresto, it may lead to a world of possibilities. entresto helped people stay alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure kidney problems, or high blood potassium. ask your doctor about entresto. my job is to help new homeowners who have turned into their parents. i'm having a big lunch an
he is currently working from home as a special advisor for what is now viacom cbs. >> generations turnf these years, now count himself a part of it, too. actions and check your balance from here. you can detect suspicious activity on your account from here. and you can pay your friends back from here. so when someone asks you, "where's your bank?" you can tell them: here's my bank. or here's my bank. or, here's my bank. because if you download and use the chase mobile app, your...
131
131
Aug 12, 2020
08/20
by
KTVU
tv
eye 131
favorite 0
quote 0
sumner redstone led a group of investors to purchase viacom back in 1987 which expanded into the acquisition earlier in his life he was a clerk at the california court of appeals in san francisco and taught law at the university of sepsis, appeared at the time of his death he owned 80% of cbs shares valued at $5 billion. sumner redstone was unusual. >>> a 27-year-old man has been booked into the san mateo county jail on torches of ripping a 62-year-old woman. police say they tracked down and arrested alejandra laura yesterday afternoon. one woman was heading home after work last week and was beaten unconscious at a bus stop. they identified him through surveillance video with a distinctive sweatshirt and bicycle he left at the scene. >> it is a case we don't see very often especially as we mentioned a complete stranger attacking another stranger out in public like this in such a savage weight. >>> authorities described him as a transit who has been arrested before for six months police are raising money to the minimum victim whose minimum wage job supports a household with two children and a
sumner redstone led a group of investors to purchase viacom back in 1987 which expanded into the acquisition earlier in his life he was a clerk at the california court of appeals in san francisco and taught law at the university of sepsis, appeared at the time of his death he owned 80% of cbs shares valued at $5 billion. sumner redstone was unusual. >>> a 27-year-old man has been booked into the san mateo county jail on torches of ripping a 62-year-old woman. police say they tracked...
187
187
Aug 25, 2020
08/20
by
KPIX
tv
eye 187
favorite 0
quote 1
the series earned 15 nominations for its final season, which aired this spring on pop tv, a viacom/cbsgories. co-creator and show owner daniel levy is up for writing, directing and best supporting actor. he spoke with us about the show's unlikely rise and why just as it was hitting its peak, he decided to walk away. >> 15 emmy nominations? >> i know. it's -- i don't -- it's not -- it's not processing, to be perfectly honest. people just keep saying it at me like i'm supposed to sort of say yes, yeah, i know. it will never sink in. i think i'm having a heart attack is what's happening. >> you are like 34. >> i'm basically 29. >> after six seasons, the rose family has become iconic. >> what does fold in the cheese mean? >> you fold it in. >> but "schitt's creek" wasn't an easy sell at first. >> it's a small show. it's not something that is particularly flashy. and i think people didn't quite know what to do with it. >> alexis, you'd like this product. it's all about aging and dry skin. >> oh, my god, ew david. >> in the series, the once wealthy roses have lost everything and end up livin
the series earned 15 nominations for its final season, which aired this spring on pop tv, a viacom/cbsgories. co-creator and show owner daniel levy is up for writing, directing and best supporting actor. he spoke with us about the show's unlikely rise and why just as it was hitting its peak, he decided to walk away. >> 15 emmy nominations? >> i know. it's -- i don't -- it's not -- it's not processing, to be perfectly honest. people just keep saying it at me like i'm supposed to sort...
207
207
Aug 14, 2020
08/20
by
KPIX
tv
eye 207
favorite 0
quote 0
. >> "the circus" airs on show time which is a division of viacom cbs.always. great to see you, michelle. >> even with a historic number of women running in the democratic primary, a man is still the signal. what does that say about the use of women candidates? >> it's true that none of those very qualified women made to it the top of the democratic ticket. the reality is when you look at voting patterns, look at what happened in the 2018 midterms when america sent a record number of women to congress, look at the excitement and enthusiasm and the organization of women in four years since president trump was elected, we seem to be, michelle, in a different moment f. you look at the polling nationally, there's a chasm that has opened between the two candidates. women are breaking for biden by up to 20 points, and that was before he announced kamala harris as his running mate. if you look at early opinion polling from this week, it seems like his choice of kamala harris has the approval of a majority of the country. 60% of americans approve of his choice o
. >> "the circus" airs on show time which is a division of viacom cbs.always. great to see you, michelle. >> even with a historic number of women running in the democratic primary, a man is still the signal. what does that say about the use of women candidates? >> it's true that none of those very qualified women made to it the top of the democratic ticket. the reality is when you look at voting patterns, look at what happened in the 2018 midterms when america sent a...
188
188
Aug 31, 2020
08/20
by
KPIX
tv
eye 188
favorite 0
quote 0
mtv, of course, part of viacom/cbs and "entertainment tonight" host, kevin frazier joins us now.eo music awards are known for two things. big political statements and big production numbers. we got both of those but with the back drop of 2020. it seemed like the performers wanted their music to soothe and the calls for social justice were more urgent than ever. ♪ i say ooh i'm drowning in the night ♪ >> reporter: high on a rooftop over manhattan, the weekend opened the vmas that won two awards, including "blinding light." in his acceptance speeches wearing makeup that gave him a bruised and batter the appearance, he made the same plea. >> again, hard to celebrate, so i'm going to say justice for jacob blake and justice for breonna taylor. thank you. >> reporter: host keke palmer set the political tone for the evening. >> enough is enough. what we just witnessed in kenosha, wisconsin, is yet another devastating reminder that we can't stop. ♪ >> reporter: rap artist dababy performed his song next to a city on fire with a sign saying "stop killing us" and "protect and serve who?" >>
mtv, of course, part of viacom/cbs and "entertainment tonight" host, kevin frazier joins us now.eo music awards are known for two things. big political statements and big production numbers. we got both of those but with the back drop of 2020. it seemed like the performers wanted their music to soothe and the calls for social justice were more urgent than ever. ♪ i say ooh i'm drowning in the night ♪ >> reporter: high on a rooftop over manhattan, the weekend opened the vmas...
58
58
Aug 12, 2020
08/20
by
FBC
tv
eye 58
favorite 0
quote 0
news i do want to pass along with you, you might have heard, sumner redstone, the big media titan, viacom cbs fame. the man first to marry movies and television to bring them in entertainment powerhouse that proved tock the model that would lead them to news corp, fox, different brands are entertainment conglomerates. a lot of it started with sumner redstone. now dead at age 97. we'll have more after this. businesses are starting to bounce back. but what if you could do better than that? like adapt. discover. deliver. in new ways. to new customers. what if you could come back stronger? faster. better. at comcast business, we want to help you not just bounce back. but bounce forward. that's why we're helping you stay ahead and adapt with a network you can count on, 24/7 support and flexible solutions that work wherever you are. call or go online today. ♪. neil: all right. those debates are going to matter a lot more than they have in the past. that's the read on it right now with all the attention focused on the first african-american woman on a presidential ticket here and one a lot of pe
news i do want to pass along with you, you might have heard, sumner redstone, the big media titan, viacom cbs fame. the man first to marry movies and television to bring them in entertainment powerhouse that proved tock the model that would lead them to news corp, fox, different brands are entertainment conglomerates. a lot of it started with sumner redstone. now dead at age 97. we'll have more after this. businesses are starting to bounce back. but what if you could do better than that? like...
85
85
Aug 6, 2020
08/20
by
CNBC
tv
eye 85
favorite 0
quote 0
the ceo of carvana viacom cbs beating expectations on the top and bottom line for the latest quartercompany highlighting rapid growth in streaming businesses and says it's successfully managing through the effects of the pandemic you can catch an excludsive interview with ceo bob bakish. "squawk box" will be right back. hey, kids! welcome to camp tonsafun on xfinity! it's summer camp, but in your living room. learn how to draw with a minions expert... how to build an indoor obstacle course! plus... whatever she's doing. and me, jade catta-preta. the host of e's the soup! camp tonsafun. it's like summer camp, but minus the poison ivy. unless you own poison ivy. in which case, why? just say "summer camp" into your xfinity voice remote to join. >>> when the virus hit, i think people thought there would be a drop in car sales. there is a shift that might make it good in the end let's start with earnings the stock did fall on this news. what happened here >> it was a great quarter for us the company came together and responded unbelievably well to everything that's been going on in the la
the ceo of carvana viacom cbs beating expectations on the top and bottom line for the latest quartercompany highlighting rapid growth in streaming businesses and says it's successfully managing through the effects of the pandemic you can catch an excludsive interview with ceo bob bakish. "squawk box" will be right back. hey, kids! welcome to camp tonsafun on xfinity! it's summer camp, but in your living room. learn how to draw with a minions expert... how to build an indoor obstacle...
108
108
Aug 13, 2020
08/20
by
CNBC
tv
eye 108
favorite 0
quote 0
remembered as a builder by having to have to go through tremendous amounts of adversity to create viacom'scbs, now it's back together again. >> you know, he's someone who was supportive of you over the years. you talked to him even i think in the last years of his life. how did he reflect on what had happened to the industry >> he wasn't a person that reflected upon what happened or what was going on. he was a person that would talk about things that he did or accomplished or things that he might have missed possibly, none that i can personally remember he was -- he was a very committed absolute sort of a person binary in a certain way. tremendous amount of focus and concentration. i'm sure you've read his book where he was code breaker. >> yeah. >> and he -- i think he graduated number one in his class at harvard very -- extremely intelligent, well read. people often didn't find him to be the most approachable, and i was one of those people that didn't find him approachable in the beginning and, andrew, as you know for 35 years i will every two weeks go out and meet somebody you know, i c
remembered as a builder by having to have to go through tremendous amounts of adversity to create viacom'scbs, now it's back together again. >> you know, he's someone who was supportive of you over the years. you talked to him even i think in the last years of his life. how did he reflect on what had happened to the industry >> he wasn't a person that reflected upon what happened or what was going on. he was a person that would talk about things that he did or accomplished or things...
83
83
tv
eye 83
favorite 0
quote 0
. >>> first, check viacom vbs. got their earnings. advertising revenue down 27%. 4% higher. >>> roku, i think they are a lockdown winner. they added more than, what, three million users. they reported higher revenue, better profits. the one thing they did, though, they said ad spending won't recover until well into 2021. that's what's bringing them down nearly 8% on roku. >>> next case, baseball. ashley, what's this about changing the safety protocols? what rule changes? ashley: well, it's interesting. after the outbreaks we've seen with the miami marlins, the st. louis cardinals, even the philadelphia phillies, mlb now putting its foot down. it actually did an investigation into the marlins' outbreak and came out with some new protocols, kind of more stricter measures. they say one, they should reduce the size of traveling parties. only those essential should go, requiring staff members and players to wear face coverings while on the road. i'm surprised that wasn't in place already. and prohibits players and staff to meet in hotel rooms. that was one thing that c
. >>> first, check viacom vbs. got their earnings. advertising revenue down 27%. 4% higher. >>> roku, i think they are a lockdown winner. they added more than, what, three million users. they reported higher revenue, better profits. the one thing they did, though, they said ad spending won't recover until well into 2021. that's what's bringing them down nearly 8% on roku. >>> next case, baseball. ashley, what's this about changing the safety protocols? what rule...
88
88
Aug 26, 2020
08/20
by
FBC
tv
eye 88
favorite 0
quote 0
benefits from that what do you do in regards to film entertainment with netflix who has content how does viacomhat we look at all good questions mario good to see you mario gabelli,. >> love our planet love being with you, too, maria, thank you. maria: maria: bye. >> traded goods. tools, cattle, grain, even shells represented value. then currency came along. they made it out of copper, gold, silver, wampum. soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. that's why it's time for digital currency and your investment in the grayscale funds. go digital. go grayscale. back hurricane laura is now a kwoir three storm,possibly turning into category four as it makes landfall major evacuations louisiana texas underway storm barrels for the gulf coast jeff flock in port arthur texas preparation in full swing jeff good morning to you. reporter: good morning to you maria, along the intercoastal waterway here port arthur this morning nothing but bad news, we are dead set in th
benefits from that what do you do in regards to film entertainment with netflix who has content how does viacomhat we look at all good questions mario good to see you mario gabelli,. >> love our planet love being with you, too, maria, thank you. maria: maria: bye. >> traded goods. tools, cattle, grain, even shells represented value. then currency came along. they made it out of copper, gold, silver, wampum. soon people decided to put all that value into a piece of paper, then...
80
80
tv
eye 80
favorite 0
quote 0
if you look at discovery as well as viacom cbs, both their shares are down 36% each this year.t: walking it up the earnings report, they are down just a little bit this morning. got it. next case is uber. they report thursday. susan, is this going to be pretty or what? susan: it won't be pretty. i think we are used to that. another quarterly loss with sales expected to fall around 30% from last year. investors will be looking for signs of momentum of recovery as the quarter went on. was there any recovery from may onward, especially in places that actually started reopening. also, food delivery. uber eats, how much did business increase with lockdowns of people not eating out and ordering in. uber recently buying up most postmates for over $2.5 billion. last year, uber was food delivery was up 30% and we will see if the trend loeldz. they have never made a progress. makes you wonder if you want to invest in them since they are trading below tlheir ipo price. stuart: what's the offer price? susan: 35. stuart: way below. thanks, susan. how about paypal and visa. ashley, they are
if you look at discovery as well as viacom cbs, both their shares are down 36% each this year.t: walking it up the earnings report, they are down just a little bit this morning. got it. next case is uber. they report thursday. susan, is this going to be pretty or what? susan: it won't be pretty. i think we are used to that. another quarterly loss with sales expected to fall around 30% from last year. investors will be looking for signs of momentum of recovery as the quarter went on. was there...