billion dollars deal all cash for twenty first century fox the bid sets up a fight with the walt disney company which also seeks to acquire fox disney c.e.o. robert iger as essentially wage his future in the c.e.o. position on winning the media war adding to the drama mr iger also is believed to have held a corporate grudge against comcast since twenty fourth when comcast tried to acquire disney the decision by a federal judge to allow the merger of media giants eighty. time warner earlier this week was widely expected as we discussed on the program yesterday in detail to lead to an unprecedented level of consolidation of media ownership with bidding wars just like this one and more reshaping of the corporate media landscape that new area began almost immediately after the judge's ruling with comcast bold bid for fox and what much more on the story with a few guests tomorrow. in honduras and i corruption unit sponsored by or the organization of american states or oas has accused the president's party of stealing stealing nearly twelve million dollars from agricultural programs to reef to financ

. >> tbs turner is not the walt disney company. they don't make kids cartoons and have family theme parks. >> reporter: tbs did not respond to the president's demand to fire bee. in 2016, his language about women became a campaign issue. >> grab them by the [ bleep ]. >> reporter: as for barr, she's in utah. >> i believe in one law for all people. i love all people. >> reporter: backing out of a scheduled pod cast today as reports surface about discussions with abc to revive the show again. this time around the character roseanne's daughter in an effort to save hundreds of jobs. casualties in a war of words. ann thompson, nbc news. >>> there is new cause for alarm in hawaii tonight. new cracks in the earth and lava invading a neighborhood as authorities plead with people to leave their homes, even as some continue to refuse. nbc's gadi schwartz is on the big island with the latest. >> this is fissure 8, a thundering column of lava as big as a 20-story building, tearing through the streets around the clock. this is one of the most a

company, disney, to just remake the film. >> yeah. remake last jedi has tweeted to the waltand bob iger, quote, our team of producers is offering to cover the budget for a retake for "the last jedi" to save "star wars." they go on to say, this isn't a joke. we're ready to have that convo now. "star wars" fans are completely divided and the core goal of "star wars" has been abandoned. so far they've raised more than $13 million. >> are you kidding me? >> there are a lot of people who did not like "the last jedi." >> they were all the people who saw "the last jedi." did you see it? >> i did. >> did you like it? >> no. i have to say. >>> finally, superman has turned in his cape for a badge. >> dean cain played the role and now is a reserve officer with the st. anthony police department in idaho. >> he has a princeton degree. >> officer cain. >> mm-hm. degree. >> officer cain. >> mm-hm. and looking to buy life insurance on a fixed budget, remember the three p's. what are the three p's? the three p's of life insurance on a fixed budget are price, price, and price. a price you can

makes a $65 billion bid for the 21st century fox company, upending an earlier proposal from the walt disney companyeet achilles, one of the cats that lives at the world famous hermitage museum in st petersburg. he's been officially revealed as the oracle for the 2018 world cup in russia. and he's predicted, as you can see, that russian will beat saudi arabia in the opening game. achilles, who was born deaf, is expected to pick all the winners at russia 2018 by choosing between two bowls of food with the flags of each team attached. he's been on a strict diet to be in a shape for world cup. this, in case you don't know is the now traditional 'psychic‘ animal that will predict the results at the world cup, following the exploits of paul the octopus at south africa 2010 and big head the sea turtle in brazilfour years ago. hello once again. i know it's the second week injune, but i have to start this particular show by reminding you we've got a named storm on our hands, and there's an amber warning from the met office for gusts of wind on thursday morning which could, in extremis, get up to around 60mp

billion dollars deal all cash for twenty first century fox the bid set up a fight with the walt disney company which also seeks to acquire fox here to take it all on as conservative t.v. radio host steve malzberg and lionel lionel media thanks to both of you for being with us at the end of this week steve the media landscape is changing in a way we have never seen what does it mean for businesses and for consumers. well you know i think the decision in the time warner eighty and t.k. said the judge just summarily dismissed every single argument that the department of justice had and i think it speaks volumes we're in such an ever changing constantly changing media landscape that this that that particular merger and others that are might follow are really a battle for those companies to grow and survive not to monopolize i mean you could who really sits in front of the t.v. that much anymore you tube has a billion viewing hours a month you have facebook and google dominate two thirds of the online advertising you have programs that i never even heard of that people constantly say to me or just

prefer they would much to be owned by the walt disney company than comcast.mily: does comcast have another move? laura: i don't think so. see the higherl price being taken. see the vote go for the comcast bed -- bid. this could be over rolled. -- overruled. emily: a showdown could be coming. what you expect to see in terms of how this plays out? analysts are speculating in terms of a share price offer. the play could be something that is fairly unique and attractive, to build upscale in hollywood and differentiate yourself -- up scale in hollywood and differentiate yourself. but those companies want to win this group of assets. i don't think these companies will be giving up anytime soon. emily: can this combined entity compete with the likes of netflix? >> the question has come out, why are these media legacy businesses buying more legacy assets? murdoch thought they couldn't build a scale that was needed. they are all trying to build scale and hoping by being bigger in size, this would help. that alone should be able to help them against the netflixes of th

billion dollars deal all cash for twenty first century fox the big set up a fight with the walt disney company which also seeks to acquire fox here to take it all on its conservative t.v. radio host steve malzberg and lionel lionel media thanks to both of you for being with us at the end of this week steve the media landscape is changing in a way we have never seen what does it mean for businesses and for consumers. you know i think the decision in the time warner eighty and t.k. said the judge just summarily dismissed every single argument that the department of justice had and i think it speaks volumes we're in such an ever changing constantly changing media landscape that this that that particular merger and others that are might follow are really a battle for those companies to grow and survive not to monopolize i mean you could who really sits in front of the t.v. that much anymore you tube has a billion viewing hours a month you have facebook and google dominate two thirds of the online advertising you have programs that i never even heard of that people constantly say to me or just see

walt disney company has great content. companies need they need to turn that traffic they're getting into longer engagement times hour long, two hours long. >> charter, you think they could be a winner here >> i do. >> do they get bought or are they buyers? >> i think they're buyers. >> they got bigger >> they got bigger, too. >> great time to be a media analyst and media banker >> fair enough, but i'm a media analyst and i love my job every single day >> you're the best thank you very much. i have a feeling we'll hear from you soon >> okay. >>> you're looking at a live shot from joint base andrew's where the president is landing, returning home from his singapore trip air force one just touching down the president expected to deplane at any moment. we'll monitor this in case the president comes out and makes impromptu comments if he brings you any comments, we'll bring them to you. >>> the federal reserve expected to raise interest rates yet again. wall street pointing to a flat to slightly lower open this morning. talley

if i had to pick one, at the end of the day, it is a little bit more strategic for the walt disney companys said, we are going to go head to head against the netflix of the world, the direct to consumer players. they have our relaunched -- espn plus and a disney direct to consumer app that will compete against netflix. in order to do that, they have to have even more content. sky shareholder point of view, what they want is a bidding war/ are they going to get one? >> i think they well. -- they will. there is talk that disney could go into a smoke-filled room and carve up the assets, but i don't think that will happen. i think both companies are going to be aggressively bidding and we get an old-fashioned bidding war. y: the transatlantic tech split, how why does that get? -- wide does that get? >> when you talk about the growth of tech, the big risk for the huge tech companies like facebook and google inc. amazon is going to be regulatory. and amazon is going to be regulatory. guy: thank you. the u.s. director of research for bloomberg intelligence. up next, the stocks we need to watch, i

. >>> walt disney company has won the u.s. antitrust approval to buy 21st century fox's inc.' $71.3 billion but only on the condition it sells sports networks owned by fox. >> the deal does not include th nationally broadcast fox news, fox business or fox sports well, after a long seven yea legal battle, tech rivals apple and samsung have finally reached a agreement in their patent fight. howeve terms of the settlement were not disclosed. just last month a california jury determined samsung ode apple $539 million for coping the patented design and utity features in the original iphone. samsung objected to that decision but the two seted before returning to court yet again. >>> and food giant conagra eating up some of its competition. e company behind brands as marie calendars hunt's andy readip is buying pinnacle fos. >> pinnacle's brands include bird's eye and duncahines. total price tag 10.9 pill dollars. >>> a new associated pre report shows hospitals are running out of pain killers. itfa revealed manuuring opioid has been pushingca medifacilities to ration their stock pile

. >> the walt disney company to these regional sports networks and able to clear the antitrust hurdleo basically complete the purchase of a 21st century fox asset. we put in a call to the department of justice ourselves. our producer, lydiaoynihan got back an interesting response saying the bidding war may not be over at this point. doj says to recognize comcast may also have waiting for these fox asset to any anticipate as well in doj said that each potential transaction presents its own unique facts in there for competitive analysis and they have begun recently to review a potential comcast transaction. i'm not sure if that's something they're taking a look at preliminarily in case a higher bid does come through. we do have reports today in "the wall street journal" that comcast is looking to cash up for a potential bidding partner. some tech firms might be involved in be involved is not an private equity names have been bandied about. this is only if comcast has to get into this bidding war that goes up to $90 billion. so far regulatory hurdles, the number one concern for comcast i

bigger bid, it could end up, yes -- >> if your shareholders are the largest block of owners of walt disney companyheory it goes higher. >> right a single class share where you have a stake versus a dual class share where you're not as -- have as big a voice in >> can we ask -- when is the winner the loser meaning at what price does this become so painful that there's a winner's purse element to this >> i think it's at the limit already. i mean, they have an easier balance sheet where they can leverage higher. the way that media companies versus the telecom company or cable company, they can always leave it a little higher here's the thing there will be a loser. that loser will still want to buy something. that's the other thing to look out for. >> thank you great to see you, sir. >>> news just in from harley-davidson. company says it will not raise manufactur manufacturers retail prices to cover the cost of new eu tariffs. the star riffs which have jumped to 31% will add about $2200 to the cost of the average motorcycle exported to the eu from the u.s but adds that could take up to 18 months to ex

. >> also, it's one thing for the walt disney company to say we don't give guidance. we think it doesn't really matter because we have the franchise, we have people who believe it in long term. if you're a mid cap restaurant company, how are going to get analysts to cover you? >> this is 200 companies who are saying this is the right thing to do. you're getting additional help from warren buffett, they're trying to provide an umbrella coverage to say, oh, you're not doing it because your numbers are bad this quarter. >> yeah. >> grasso wants daily updates on - >> why don't we have the new show that goes on for five minutes. once a month, what's the difference you can make this analogous to anything you do. you want as much information. >> perhaps we have swung too far in this direction. >> when i look at the stock, they close out the noise around the earnings and say, this is what happened in the last five quarters traded down or up "x" percent. let's see where it trades a week from now. >> if that's a lot of volatility around you say this is a time to jump in if they'

companies competing. bob iger and walt disney believe they are one of those companies. brian roberts and comcast believes as well, time warner said no, they sold the at&t. murdoch said no and is selling his assets as well. julia: the all stock offer we have from disney, what does disney do now? here,the premium you see it covers the tax leakage that the murdochs will have in a cash for assets deal. disney i suspect will raise its price. you will go to $35 per share but i think they will play up thathey believed they had a quicker time to close than comcast would have. i think they will play up the fromthat pro forma cpa disney and fox is a better collection of assets. joe: can y explain why the i think the regulatory is going to be massive for both of these companies. i think they feel like they might be earlier but at the end of the date the are going to play up the fact that they have pro forma. rupert murdoch has indicated that he feels more comfortable owning the disney paper than the cash that would come from comcast. whether comcast amends its bid that will be eli

. >> as you can see here, we do have shares of 21st century fox, comcast, the cnbc parent company and walt disney up in extended market trading >>> your big individual stock stories, starting with micron. the semiconductor player did report earnings, fourth quarter outlook beat forecasts as well as third quarter results on strong demand for memory chips used in pcs and smartphones. micron has been selling more chips at higher prices as customers look to store data and apps on the phones >>> american outdoor brands fourth quarter results topped forecasts. the gunmaker and parent of smith & wesson expects the current sales slump to carry on for another year that stock is down 6%. the company will limit promotions as a means to sustain its market share. >>> hp says its board signed off on a $4 billion stock buyback o top of the 1$1.2 billion it has remaining on previous programs hp shares are up more than 13% this year. >>> still ahead on the show, a breakout moment for saudi arabia it's getting upgraded to emerging market status we'll go to riyadh later this hour to tell you why that could effect y

walt disney. if you remember the disney company during world war ii was very engaged with the united states government in preparing films that were used in movie theaters as part of propaganda. it is not necessarily negative propaganda. if you like disney cartoons, you will like this. ♪ >> the whole world is aflame. all the peoples of the united nations are fighting the savage enemies of freedoms. in many lands countries are laid , waste by ruthless hordes, farms, cattle, and crops have been destroyed. hunger stalksion, the helpless victims of the cruel aggressor. in the darkest hour, comes a light of hope. a like that must grow stronger and will grow stronger. it is the hope of american agriculture. this nation must fight to keep invaders from its own shores, its farmlands are abundant. of norway,he areas sweden, spain, portugal, france, great britain, poland, czechoslovakia, holland. and spread over this vast land are the farmers come otherwise in children, 30 million, quite as many as the axis has soldiers. grim farmers ready for sacrifices. these embattled farmers are armed, their weapons are the

. > the head of walt disney animationnd cofounder of pixar is leaving that company.s exiting at the end of th year he was creative force of movies like "toy story "and "frozen" and "finding nemo." the decision comes after a six month leave of absence forr lasshat he described as personal missteps. >>> being able to afford to stop working is important in deciding when to retit. ou also want to consider where to live to make sure you're aging in the right place. our senior personal finance horrespondent sharon epperson joins us now w a new report on the best and worst cities to retire to. it's great to see you! >> b good here. >> great to have you here. if you're trying to to decide where to age in place what are the factors we should all take into consideration? >> we should all take noorgs because the majority of americans want to stay in their home and stayn their own community. and some of the things to onsider a new survey out b magazinive money looked at these factors such as lifestyle, you're voluming and how much you're gauging e ingi inengagin commndity and co

the 21st century fox company, pending an earlier proposalfrom century fox company, pending an earlier proposal from the walt disneyus on bbc news. i'm rico hizon. see you again soon. hello once again. i know it's the second week in june hello once again. i know it's the second week injune but i have to start this particular show by reminding you we've got a named storm on our hands and there's an amber warning from the met office for gusts of wind on wednesday morning which could in extremist get up morning which could in extremist get up to around 60 or 70 mph. where's all that coming from? this great lump of cloud hurtling towards us and deepening all the while and as it does so, quite a vigorous area of low pressure for the time of year, it's got into the wrong place in the atmosphere and it has been deepening all the while in recent hours. such that as we get on through the day we will find a real squeeze in those isobars initially working through northern ireland but then on through exposed parts of scotland and through the north of england as well. but, with all the cloud and the wind around, it would be a c

what happens to that party, whether it be walt disney or comcast and are there other media companiesplay in your view when one of them walks away from this. >> let's go to the other media companies. the one that never gets discussed is sony. and sony is sitting there with a film business and some marvelous global cable works and i think they got $400 million in cash flow and sony has largely become a game and imaging company and i think the folks in japan would be very well advised to put sony pictures entertain mement a surprise for the losers. so i think sony is one to watch on that plain. with regard to the deal i think that the key thing is disney has more power than comcast. and just to go to one of the things nobody is talking about right now which is sports betting legalization thing rupert really understands sports betting. he owned sky which spun on a major betting organization called skybet. the assets that remain in fox now that sports betting are going to be legal are going to be very, very powerful assets. disney's involved with sports with espn. the ratings on espn are

walt disney's firm. walt disney looking for the same assets but offering $52 billion deal in all-stock. this is a cash offer from comcast for part of fox's assets, our parent company, twenty-first century fox's assets, made possible because of the green light by the judge, judge richard leon. we could see more of the deals. netflix is out there with a lot of money, apple sitting on a lot of money. google sitting on a lot of money. could see okay for vertical mergers going forward. we saw the latest one that just came in after the bell, comcast in a competing for the assets of twenty-first century fox minus the new fox after it spun off for a $60 billion cash bid beating disney's bid of $52 billion in stocks. back to you. connell: edward, thanks. we have the market panel. lenore hawkins from dramatica research and jonathan hoenig as well from capitalistpig. fox research contributor. what edward reports, the intid from comcast, we knew that this could happen after that court ruling yesterday, right? what do yo make of it? >> this is bullish moving forward. we have a real possibility to see not unlike what we saw in the 1990s with bank stocks, appeared of great merge

company comcast which owns the n.b.c. television network and the universal film brand has been sixty five billion dollars for twenty first century fox it all except for a showdown with walt disney which storage he knocked on his own multibillion dollar bid for the same assets the move from comcast comes just one day after a judge cleared eighty and take over a time warner john hendren has more. comcast is offering sixty five billion dollars for the movie and television assets of twenty first century fox that outbids disney which had previously offered fifty two billion dollars at stake are the global television channels such as national geographic satellite television networks sky in europe star in india and the hulu streaming service which is number three after amazon and netflix why is this all happening now because a day earlier on tuesday u.s. judge ruled that eighteen t.v. could go ahead with its eighty five billion dollars bid for time warner the trump administration had objected on antitrust grounds saying it was too much media in one set of hands but a judge overruled that saying it could go ahead that seems to have begun to set off merger mania media companies want to

walt disney entertainment assets. disney raising debate $27,123,000,000,000 popping comcast rival $65 billion offer. fox says the disney deal is superior to the proposal. the bidding war comes as traditional entertainment companiesry to compete for strewing giants like netflix, amazon and google. shares of 21st century fox, the parent company of fox business network at an all-time high while disney shares rose 1%. trained to just gets richer and richer and richer. saudi stocks getting a lift today in words that the kingdom talk exchange will be part of morgan stanley's emerging market index coming ahead of aramco's plan to go public creating the world's biggest ipo. it's going to be amazing. the addition to the index could attract billions of dollars in foreign investment. jamie dimon and jeff bezos back in february starting to take shape. the power trio are now saying that dr. atul go one day, will leave the company as its chief executive. also a best-selling author and founder of an american mind. no further plans for the unnamed company. gerri: i can say this guy is well regarded that they are very excited about this. he's not a fan of all the money sloshing around in health care. the question is how do you d

to effectively compete against netflix, amazon and other big streaming companies and could affect a bidding war between walt disneycast to acquire the entertainment assets of 21st century f. of course, the parent of fox business network or this decision is watched closely by many sides we should pay. shares of at&t down 13% so far this year. time warner's stock is up 4%. facebook turning in more than 450 pages of documents to congress after ceo mark zuckerberg said he'd have his team respond to questions he couldn't answer about facebook handling. the answers are partly in response to the000 quest asked by senate and house committee. facebook emphasizes that is learning from its mistakes and giving users more control over information. the stock is up about 7% so f this year. domino's pizza is moving out road to help his pizzas get home safely. paving for pizza initiative filling potholes across the country. the pizza chain and some for different municipalities in texas, delaware, georgia and california. customers can visit theebsite and enter the zip code of their city. i've got one for you. there you. there were

company comcast which owns the n.b.c. television network and the universal phone brand has been sixty five billion dollars for twenty first century fox not except for a showdown with walt disney which is already locked in its own multibillion dollar bid for the same assets the move come from comcast comes to us one day after a judge cleared a t. and t.'s takeover of time warner john hendren has more comcast is offering sixty five billion dollars for the movie and television assets of twenty first century fox that outbids disney which had previously offered fifty two billion dollars at stake or the global television channels such as national geographic satellite television networks sky in europe star in india end the hulu streaming service which is number three after amazon and netflix why is this all happening now because a day earlier on tuesday u.s. judge ruled that eighteen t. could go ahead with its eighty five billion dollars bid for time warner the trump administration had objected on antitrust grounds saying it was too much media in one set of hands but a judge overruled that saying it could go ahead that seems to have begun to set off merger mania media companies want

company called us which owns the n.b.c. television network and the universal film brand has been sixty five billion dollars for twenty first century fox it now looks set for a showdown with walt disney which is already locked in its own multibillion dollar bid for the same assets the move comes from call from comcast comes does one day after a judge cleared eighty and t.'s takeover of time warner john hendren is joining us live now from washington d.c. john there are so many different strands to this i'm really frightened of getting into the detail in this but give us just seems as though the floodgates have opened for this that the bidding wars have begun. they have indeed rob comcast wants the movie and television assets of twenty first century fox and they're willing to battle disney to do it that includes t.v. networks like national geographic satellite television networks like sky in europe and star in india and it includes the hulu streaming service which is number three after amazon and netflix why is this happening now because a day earlier a u.s. judge ruled that eighteen t. can go ahead with its bid to buy time warner for eighty five billion dollars the trump administratio

companies cannot trademark common shapes of common products. they court ruled it doesn't apply to their red soles. walt disneyend the night inside pandora. that is the world of avatar. this has never happened before. pandora has become one of the busiest places in the park since it opened up last spring as part s camp contest, the winners will spend the night in a test inside of pandora. meanwhile, disney releasing the first teaser trailer for the live action remake of dumbo. >> look at this. >> we're a family here, no matter how small. >> cheryl: dumbo is set to hit theaters next march. shares of disney are downbout 3% so far this year. stock to watch for some other things happening today with disney but the movieooks good. >> maria: coming up, the federal reserve expected t raise interest rates this afternoon. all eyes are on chairman jay powell and what he says about the labor market and the future move on rates. plus, at&t and time warner's anti-trust win may open the door for media merger mania, including comcast's possible offer to rival disney for 21st century fox's entertainment assets. we're breaking

walt disney is the name behind some of the most popular children‘s films of all time, and its characters have been used to promote everything from fast food to breakfast cereals. but the companys mentioned, the passion the kids have, to really connect and help make healthy living easier everyday. really, for me, the two things that we wa nt really, for me, the two things that we want to talk about are both food and getting active. getting active is one place that is for me, really quickly, we have partnered with public health england over the last four years to get kids up and moving because of course, it is about 300 million extra minutes of time, all of these things compromise what i like to call positive pester power. we wa nt like to call positive pester power. we want our characters to get things wanting to do the things that we as pa rents wanting to do the things that we as pa re nts wa nt wanting to do the things that we as parents want them to do.” wanting to do the things that we as parents want them to do. i adjust thinking, some people might be thinking, some people might be thinking you are a little late to the party. there have been a lot of stories about what o