big earning movers this hour lyft and doordash, while warner brothers recovery plummets ceo of the trillio and godaddy as we see most important results this hour. >> jon, start the feed with the jobs number from this morning. far better than expected, you may know by now. 528,000. best gain since february unemployment falls to 3.5. pretty much lowest since february of 2020 wage growth higher up more than five year on year all data silencing fears of recession. at least for now leavingfor -- bracing for my rate hikes. here to break it down, mike santoli, and interesting to hear jan hatzius stick with gold for 50 at september. >> still debating. 75 looks more likely but a long way until the fed meeting third week of september. interesting the last couple weeks, you've really not gotten a lot of fresh data that said recession is more likely than we thought. even though a common sense out there that the rally we've seen in the et kuwait market is mostly about the idea the fed would come off the tightening campaign and get easier. it's that in combination athe idea maybe a soft landing a a litt

warner bros discovery is a newly merged company, that combined the old warner brothers, that's familiarith discovery, maker of some reality programming. and as the new executive team came in, theyjust decided to shift strategy. this movie, batgirl, is actually intended to go directly to hbo max, the streaming service, but its budget approaches that of a theatrical release. under the new management, the company thinks that these big budget films really should have some sort of a theatrical run — audiences should see them in theatres, generate some ticket sales and buzz, and then go to the streaming service. this movie, however, was not quite good enough for theatrical release, would have required an additional investment on the part of warner bros discovery, and then another $30 million, $50 million to promote it, to get audiences excited to see it in theatres. so, that additional cost just was not worth it in the estimation of the new executive team at warner bros discovery. just based on those test audiences, that i mentioned, people watched it, said they did not like it, it was a stin

i was buying it in the high 30s -- >> this is warner brothers, not viacom. >> so when you're lookingy, what we have to remember is you're dealing with a battle between owning hbo max and discovery a la carte and having it be separate from everything else. i don't think i want to own hbo max just alone i want to have discovery they're talking about making a profit next year they're talking about -- in 2024, maybe making a billion dollars. i don't know if that's going to happen i can tell you if a company just wants to work on making money and they just want to work on raising the price, that's a better deal than viacom. i think it's a better deal than netflix and i think it's a better deal than the other streamings out there that's why i might wanti to take a chance on it but we're going to have four more messy quarters and this is the one for value players that want to make some cash >> all right let's move on to beyond meat that's the final one for today. >> i have to tell you, i'm a vegan, one of those weirdos that just eats plants what beyond meat's issue is, even though i own the

batgirl has had her wings dramatically clipped by warner brothers discovery.e production completely. this ear it production completely. this year it is — production completely. this year it is one _ production completely. this year it is one of _ production completely. this year it is one of the - production completely. tt 3 year it is one of the crown jewels —— dc is one of the crown jewels of the warner brothers library and the new management is hoping to release films and series that are really of a high calibre in hopes of matching the economic performance of the walt disney company's marvel films, which compa ny�*s marvel films, which audiences company's marvel films, which audiences will be very familiar with, so this film they fell just did not hit the mark. glasgow was transformed into gotham for the filming, which took place earlier this year. it was hoped it would attract film buffs to the scottish city. film buffs to the scottish ci . ., ,., ., film buffs to the scottish ci . ., ., ., city. the whole point of having new film in _ city. the whole poi

warner brothers says it's a shifting its focus. back to theater blockbusters. >> and this got everybody's attention. look, i love the flour and aquaman star jason momoa apparently moonlighting as a flight hawaiian airlines. but as he put it, he was a water ambassador. he's promoting his new manalo water brand which uses aluminum instead of plastic water bottles brightening up an otherwise pretty routine flight. some of the passengers calling guam. and most of the man is not cured and there was another mid air surprise. >> was pretty fun are so they all got some free water. they got a chance to meet jason. yeah, they all get. >> 10,000 free miles. i like that on from an yeah. looks like he's fights can be a little born better. that was not for that wraps up kron. 4 news at 5 o'clock. yeah, but we do have a lot more ahead on kron. 4 news coming up at 06:00pm or in cannes winner here. >> all right, catherine, thanks to you both. coming up next kron, 4 news at 6, the richmond police department coming under fire tonight after an officer

liz: warner brothers discovery. >> warner something. liz: warner media. >> warner media.hen they merged that. liz: how quickly we forget. >> it has been so many iterations merged that with discovery, saddled with a lot of debt, issues with streaming content. first thing we reported he cut was cnn plus. that led to layoffs. what we're hearing there is further restructuring going on here. now it is unclear whether he will name, he will name this big, unfurl this big restructuring tomorrow or he is going, he definitely will be asked about it because analysts have been demanding this. this is what we hear. some combination between the streaming platforms, those two you mentioned. that is going to lead to probably a decent amount of layoffs and some more restructuring in management in terms of who gets what, who runs it. clearly this one gentleman, who i didn't know until now, he is the head of content. liz: casey voice. >> head of content at hbo, apparently will play a major role in the new revamped unit it becomes plus there will be unclear, who they report to and who the bu

evan sohn from recruiter.com thank you. >> thanks, john. >> up next, warner brothers discoveries and are reports of big streaming shift will be announced after the bell today. those details after this quick break. >>> two big media names out with earnings paramount reported before the bell and shares disappointing, while warner brothers discovery is up about 2% ahead of its first quarterly report as a combined company julia boorstin joins me now with the key factors to watch in that release. julia? >> well, jon, after its first full quarter as a combined company investors are very curious to hear ceo david zasov's road map for warner's discovery as they're expected to report 2 cents in $11.8 billion in revenue first, there's the question of the future streaming investors are looking for subscriber gains after netflix's contraction and last quarter, the combined company added 2 million subs for a total of 24 million. just as important as the press release with the earnings release is what ceo david zasov says in the earnings call when we expect to hear the road map for combining disco

warner brothers is shelving a bat girl movie that was already done filming filming.pected to come out next year. the exact reason for scrapping it is still unclear. maybe it was bad. i don't know why. but industry experts say the new warner brothers management is filtering through, which projects to really is exclusively to theaters or streaming and which to just get the ax. and apparently that was that girl back girl has a reported budget of 90 million dollars and was set to release directly on hbo. max, the film start leslie grace, brendan fraser and michael keaton. those are big names. michael keaton playing batman. now, if you're planning to travel during the thanksgiving or christmas holidays, now is the time to put those flights. according to travel website, the vacationer the best time to book holiday travel is in june and july. that's really early, although it's still not too late to now the deal before the prices to spike. they say the earlier you book the better your chances are of securing a nonstop early morning flight. those flights are less likely to be

warner brothers has pulled the plug on batgirl. a superhero movie is no longer hitting hbo max later on this year. according to the production company, the budget for the movie starring leslie grace had grown from $5 million to $90 million. the company said grace is an incredibly talented actress, and the decision is not a reflection of her performance. shocked by the news, the directors of the film posted this statement on instagram that says in part, as directors, it is critical that our work be shown to audiences. and while the film was far from finished, we wished that fans all over the world would are the opportunity to see and embrace the final film themselves. >>> well, there is yet another virus to be concerned about here in the bay area. just ahead, the santa clara county plan to get rid of mosquitos with the west nile virus. >>> plus, a burned out boat on its way in pieces to the bay area. a major demolition on the sacramento river. >>> and a fly ball to deep right, blanks to the track. it is gone! he has hit another one.

also, warner brothers discovery. amc and sky works.r the place in industries where a lot of those growth names that did well during the pandemic and then fell off. you sort of wonder with the picture easing, are people looking at education again as a possibility? >> it's possible. the incentive to invest in an education for a while was being called into question because the job market was so strong. i will add that this is really the last big push in terms of maximum earnings prints per day. we are going to get 50+ today. from here on out, maybe 10 a day at the most. we've made it through the hardest part of earnings season. also, keep your eye on oil. for a moment there we were below 88, unbelievably. that might have some ancillary effects on the consumer. their ability to spend on things other than gasoline. >> door dash comes to mind. we mentioned this with mark. if driver demand is up like uber saw, they've got a good supply of drivers and if they don't have to pay as much for gas, maybe that's good. but if the consumer doesn't hav

we're going to be hearing from warner brother's discovery later today. but you're 100% right.ectively $3 billion of cost now that they've pursued this merger and the question of course is how are they going to get there. one of the ways they appear to be trying to get there is the decision and it is a fascinating one to effectively kill the production of a film called "bat girl", which they spend $90 million on and said we're not going to do it any more and this is not going to be released on hbo max, not released in theater, it is going to be released nowhere. one of the reasons that they're doing that is to save money in terms of how much they would have had to spend additionally on marketing costs and some additional post production work. but the other piece of it is an accounting maneuver, which is because they had just bought this company, they can say and count it effectively as a loss. so that is another reason that this is taking place. >> i mean, andrew, i think you could correct me if i'm wrong, this is without press dent in hollywood, to send $100 billion in a big m

with a budget of more than $70 million, warner brothers said the decision not to release the film was it is quite gut—wrenching for the people who worked on it, in terms of the crew in scotland, i think it is sad but things go on and you continue to find work and there is still lots of production going on, so that's a good thing. batgirl was a big deal for glasgow,and it brought almost 2000 jobs to the local film industry, and streets like this were transformed into hollywood film sets. but was it worth it for local businesses? it was a bit of an upheaval from a business point of view, but it was still fun, it was fun to have it all in the street and have all the goings—on. i feel as if it is a slap. in the face to us, all the tourism that the council was saying the movie would bring in, - that is not going to happen. so they spent £150,000 - to the film crew, that is lost. i hope they have got something in the small print that they geti that back. glasgow city council offered warner brothers a £150,000 support grant to film in the city, and today they confirmed that money has not yet

warner brothers has scrapped its upcoming batgirl film, just months before it's due to be released, afterood stars, leslie grace, michael keaton, jk simmons and brendan fraser, was filmed entirely in glasgow. production reportedly cost more than $70 million and the film was scheduled for release later this year in cinemas and on hbo max. dawn chmielewski is the entertainment business correspondent at reuters and joins us now from los angeles. welcome. the big question everybody _ welcome. the big question everybody will _ welcome. the big question everybody will be - welcome. the big question everybody will be asking i welcome. the big question everybody will be asking is j everybody will be asking is why, why was it dropped? batgirl was defeated by the lethal strategic shift and corporate strategy. let me explain. warner bros discovery it is a newly merged company. as the new executive team came in, they decided to shift strategy. this movie, batgirl, is intended to go directly to hbo max, the streaming service but its budget approaches that of a theatrical release. under new management,

i don't know why you don't cover warner brothers discovery, but i'm going to ask you about it anywayow estimates for next year, cut what, 1.5, $2 billion off that number. >> we cover it but robert fishman on my team covers it. >> that's why. got it sorry. >> we want to build out our coverage and i'm doing three different things we have a point of view and i have a point of view, as you know, and we do cover it. >> i was confused for a minute i apologize. your firm is growing so rapidly i can't keep track of the new people added let's talk warner brothers discovery. give me your take overall. we have disney reporting later in the week as well, for example. >> i think this is incredibly hard transformation for warner brothers discovery the company is levered five times, they're relying on old linear cable networks. compete in streaming with these bigger companies that are willing to lose money. it's a tough place for them to be when they talked on their call about their view of streaming, we share the view. which is not a great business. it requires tons of investment capital but unfor

. >>> coming up next, backlash over "batgirl" being grounded by warner brothers. with a cast including michael keaton. now what the leading star, leslie grace is saying about the surprising news. come on back. smarter price powered by the google tensor chip so your camera can see in the dark with night sight fix your photos with magic eraser photograph all skin tones accurately with real tone and last up to 72 hours with extreme battery saver (♪ ♪) it's all you want in a phone. google pixel 6a switch it up, and get the all new google pixel 6a. (♪ ♪) we hit the bike trails every weekend shinges doesn't care. i grow all my own vegetables shingles doesn't care. we've still got the best moves you've ever seen good for you, but shingles doesn't care. because 1 in 3 people will get shingles, you need protection. but, no matter how healthy you feel, your immune system declines as you age increasing your risk for getting shingles. so, what can protect you? shingrix protects. you can protect yourself from shingles with a vaccine proven to be over 90% effective. shingrix is

it is the thought strategy that warner brothers and discovery is happening -- having.et's talk about paramount plus. service has been a minnow thus far but it has been racking up subscribers. the bottom line doesn't look great so far. top gun, yellowstone. which is one of my favorite shows. will people pay for four streaming services? >> before interest rates and inflation, i would say yes. globally we do not know. now, we are looking at close to 2-3 as people look at where they will choose to put their credit card dollars every month. that being said, everyone has looked at paramount and said don't really know. we are bearish on paramount and what they want to do with their streaming. what i think kermit has going from them, -- paramount has going for them not only are they great streaming service, their , numbers are increasing, they are also great seller. they can license in demand content to netflix and other players and charge for it because their content is so in demand. people will pay to have access to it. i think when we look at paramount, the question three o

that girl, this $100 million film epic, it was scrapped by warner brothers this week. the film had michael keaton returning as a creepy caped crusader. the movie was canned following test screenings. it was something, i can imagine. >> laura: who needs test screenings? the trailer has, what? you looked at it, it had bat bomb written all over it. >> well, matthew, who hosts spotify's "the town podcast" spoke to someone who attended this bat girl screening. it wasn't received well. >> he said that after the screening, the executives, walter of d.c. and some of the others there, asked the audience, you know, did this feel big? and the consensus was absolutely not. he said it played like a tv pilot. >> they threw millions and millions of dollars, warner brothers did, at this. it was originally kind of a small movie. they threw $100 million, and when they screened it, it was so flat, they decided to take the tax writeoff. it's not even being shown on hbo max. nothing! no coverage. they're burying it. >> laura: i don't know anything about this. if i were to guess, i would gu

of warner brothers says discovery+ has better services. .>> trevor: it was hbo go, and then hbo now,nd hbo max. at this point i feel like they're messing with us. next month they'll be like,s, our new name is hbo bitch-as. they're merging everything into one giant company. i know that's going to be weird, but i for one cannot wait to see how all of these bigger shows combine. >> coming up on "house hunters westeros." >> first of all, a sword chair? what is this? 1527, guys? let's switch that whole thing up. let's put in a cute ottoman. knock down some of the walls. switch out the blood with a fresh coat of paint. we have to switch the thermostat, way too hot. >> also on the new hbo discovery+: >> to fundamentally alter the nature of my family on my wedding day? do you have any idea how goddamn selfish you are? >> i just want a green card. ( applause ) >> trevor: that's it for the headlines. let's check in on the stock market with our finance expert, michael kosta, everybody! >> this is wild, michael, mergers, people coming together. what is happening in the market trade? i am crushin

we have learned that the dc comics film "batgirl" will be completely shelved by warner brothers, which they will not be releasing the movie on any platform. that is terrible news for gotham city. without batgirl, who's gonna fight... i wanna say... the penguinette? lady joke. you almost never see a movie studio bail on a project this completely, especially because they've already spent an estimated $90 million, which they are now taking as a tax write-off. explains warner brothers' next movie: "the deductible hulk." ( laughter ) ( applause ) we've got a great show for you tonight. my guests are james taylor and actor colman domingo. but when we come back, cnn's in trouble, and i'm the only one who can save it. stick around. ♪ ♪ ♪ ( applause ) zyrteeeec... works hard at hour one and twice as hard when you take it again the next day. so betty can be the... barcode beat conductor. ♪♪ go betty! ♪♪ let's be more than our allergies! zeize the day. with zyrtec. when you really need to sleep. you reach for the lereally good stuff.ur allergies! zzzquil ultra helps you sleep better and longer wh

warner brothers is canceling its "bat girl" movie.t is a big surprise for fans and industry experts because the film is nearly done. according to multiple sources the movie failed in test screenings and executives said it wouldn't be profitable but fans are questioning why "the flash" is in production when ezra miller is facing multiple accusations of assault and overall misconduct. fans are not happy about any of this. i don't like this either. michael keaton was set to return and i love a film with a hero who is a woman, batgirl. >> it's causing a lot of people speaking up. there's so much happening since warner brothers merged with discovery. we've seen a lot of cancellations since april. a lot of it is the bottom line. they're blaming taxes and all that stuff. >> yeah and it's cancellation ranks among the most expensive cancellations in movies ever. >> it's not going to make it to hbo max which typically doesn't do well in theaters we'll see it in cable. >> i hope now that we're speaking up that they'll push it. i'm looking forwar

. >> and warner brothers discovery, throwing down the gauntlet with its big bet on house of the dragont pay off? we'll discuss, stay with us, we're back in a moment >>> gut check on netflix it's in the red. cutting the price target to $238 per share. this is no longer a growth stock, shares are down more than 60% since january, down 6% today, jon. >> speaking of streaming, hbo's debut of "house of the dragon" last night attracted enough viewers to crash the site. it's either bad news for their infrastructure or good news for the strategy to win the war. >> the launch of house of the dragon wasn't just the launch of a new series this is a high stakes attempt to extend the streamers' most valuable franchise "game of thrones" with a prequel. it annoyed the devoted fans, reported 15 million to $20 million an episode, the new series comes at a time when hbo max and other streamers are anxious to hold onto consumers who are expected to be cutting back on costs and potentially some of those subscription services with warner brothers discovery shares down about 43% year to date, and ceo david

but warner brothers is holding secret screenings on the the lot. the hollywood reporter says the so-called funeral screenings will be shown to thet and crew and it will be locked away in the vault. the directors directors are not happy about this. when they hear about the n of the film, the two directors expressed they were hoping one day to potentially release the movie. but apparently that's noe case. >> it's weird. >> right it is weird. >> it's strange. >> it's weird. > >> there was a scooby do film ty also scrapped the same day of bat girl and they had the funerl screenings. this is not the first one. >> really. >> i wonder if some point if thy will be released in a pr once locked in the warner brothers vault. >> yeah. >> it is not -- the pieces are t adding up. >> yeah. >> time will tell. we will see. >> i wanted to see that movie, . >> not just the actors and the e that worked on that, it's enough it's enough to be screened to your colleagues but be -- okay. >> super disappointed. > >> the new season of cbs amazing cbs amazing race airs next

that massive merger between warner brothers and discovery is expected to be effective summer of 2023. to every batgirl fan, thank you for allowing me to take on the cape and become my own hero. batgirl for life. >> crazy. >> it's crazy. a $90 million mistake. >> the fact that the movie was pretty much almost done. >> yeah. >> whit? > dog days of summer. "gma" kicking off dogust all week long, celebrating the work of shelters all over the country, helping more than 80 pups find their forever homes. and this morning the history-making rescue of thousands of beagles and the search to find each one a family. take a look. it's the historic dog rescue operation that's given nearly 4,000 beagles a new leash on life. the humane society of the united states taking on its biggest undertaking yet, rescuing thousands of hungry, sick and mistreated dogs that were bound for animal testing labs. >> right now we mobilized about half of those. they're on their way to shelters. some have already been adopted to forever homes. others are at our care and rehab center. >> reporter: this transfer plan come

. >> right >> it's still a cash machine for so many of these companies very important for warner brother discovery. >> it is that's how you have to monetize, their fantasy. and nbc needs to monetize. >> you look at the overall numbers will 221 million, it's actually larger than netflix obviously, comcast, our parent company, owns part of hulu as well they did that. >> right >> september 24, though, they did lower their overall subguidance. >> if you look at the disney talent sheet it has to be rebuilt before they buy the rest of this. okay >> of hulu >> yes >> well, there's 24 -- >> well, the balance sheet is not good the actual cash -- >> by the way, you're losing $8 billion on streaming >> but they indicate that could run its course >> expect it to. they also say the run rate will roughly be below the 30 billion range on content that's across the board, movies, espn, sports, everything >> all right let me ask you, why are the only one talking about the cash outlay that they have to make in order to buy hulu and how substantial it is because that's the make or break? >> well, that's the

warner brothers launching a merge version of hbo max and discovery plus next summer. the company formed last year by the $43 billion combo of discovering warner media has been teasing this single streaming service for months is considering a free ad supported version of the platform. the current platform costs $10 a month. so yet another streaming platform for all of us to subscribe to. >> i already belong to hbo max so i'm excited. >> the challenge is remembering one more password. >> yes. i'm exciting about this. thanks christina. >>> securing life saving care for your furry friends. still ahead on today in the bay, pet owners now having a hard time finding care for their animals. the reason why and what vets are urging all owners to do. look at that face. we'll be right back. moving forward with node- positive breast cancer is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio reduces the risk of recurrence of hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning,... as

but warner brothers wouldn't insure him, because he was an exuberant experimenter in chemicals.n't do it." and it was richard pryor who said, no, you have to make this movie. and you have to cast this guy. cleavon little. look how dark his skin is. he would terrify those people. >> i would like you to meet the new sheriff of rock ridge. >> i'd be delighted. wow! i've got to talk to you, come here. can't you see that that man is a ni -- wrong person, forgive me. >> the story was the strand to hang the pearls. the pearls were all of the jokes. >> look at that. steady as a rock. >> yeah, but i shoot with this hand. >> they were satirical, there were puns. they were sexual. they were sight gags. >> kinky. >> he even broke the fourth wall and the cast is running out of warner brothers. i mean, it was just crazy. >> i asked him, is it a movie you could make today? he said, i could barely make it then! >> dr. frankenstein. >> "young frankenstein" is a brilliant satire. >> frankenstein. >> and mel went to extraordinary lengths to get the details right. the look of it, the black and whit

revenue is growing still, across the industry consolidation is already under way earlier this month warner brothersax and discovery plus will soon merge into one streaming service. brian says his famil streamlined their streaming services and canceled four services recently saving at least $30 a month. >> we're much more loyal to the show itself and not as much the streaming platform >> reporter: if the pandemic with its captive stay-at-home audiences was the dawn of the streaming era, consider this the wake-up call gabe gutierrez, nbc news, new york >>> up next, a wedding 911. the police and their boat saving the day and "inspiring america. the day and inspiring america. the day and inspiring america. tg the day and inspiring america. and you, gecko, go “roaaarrrrrr!” huh? it's... it's a bit too aggressive, innit? ok, yeah, sure, rewind it! how 'bout this: [gecko impression] beg your pardon, but bundling your home and car insurance could save you hundreds! and then the neighbors are like, “giant gecko?! heh?? who??” a little girl's like... [girl impression] “hi gecko!” well... quite the commercial

it turns out warner brothers put $90 million into bat girl and it's so bad they won't stream it. >> they dumped $100 million into this and when they screened it, they realized how plate was. there is a transgender roommate. when you blow up the bat cave instead of letting people in you know it's lousy. attison ray has 40 million viewers on instagram. she is the trinity, father, son and holy spirit on each of her extremities. brian: i think it leaves a lot to be desired. she could be very religious and likes to wear a lot of clothes. raymond: it's blasphemous from my perspective. brian: britney spears got married, and she wants to be married in the catholic church and they said no. >> the church has no record of her requesting this. she came out as catholic on in 2021. to get married in the catholic church you have to have no impediment. come on in, but you have to do it the right way. the church is not your personal backdrop for your wedding. speaking of churches. grace church high school in the east village, they had for their high school students a pride chapel where a drag queen was b

warner brothers for bat girl to be filmed there.people see the film and think, "i want to go where that was filmed." and people standing in george square in their batgirl costumes. it is not good news for glasgow in any way, shape or form. very in any way, shape orform. clearfrom colin. renev cadillac very clearfrom colin. renewed black cadillac activity on iceland not far from the capital. the lava eruption is close to the mountain which erupted back in march 2021. iceland's government says that there's currently no expectation of ashfall or of damage to infrastructure. the eruption follows thousands of mini earthquakes in the area in recent days. now it's time for a look at the weather with tomasz. hello. a little bit of good news in the weather forecast — if you've had enough of that humidity, it will freshen up over the next day or so, particularly across southern parts of the uk. the not—so—good news, or in fact, the bad news is that it will stay very dry, at least for most of us. sure, there'll be a few scattered showers here

measures that will allow us to either go through this period of hollywood studios and disney warner brothersy pictures and versal and paramount pictures have been suspended for now their films in russia they are also called majors. they brought about 780% of the revenue, domestic releases, until they can return the box office and the quality has never been in russia uh in order to completely saturate uh. therefore, all worthy uh pictures that are interesting to our viewers. here the audience and so watched in the cinemas of domestic production. a lot of you know have jumped on the ground and had that, it's still an absolute success record in collections. from the first part of the serfs at the box office, he earned more than 3 billion rubles. in second place in the upward movement and closes the top three is the t-34 tape, no matter who is right. you are to blame in the army, you need someone who will protect it. the grandiose release of the film heart of parma is expected on october 6 , a film based on the historical novel aleksey ivanov was filmed before the start of the pandemic. so i 'll

zoom, warner brothers, disney.you want me to focus more on, say, the truck part business >> no, you can stay away from truck parts. >> energy, why it's time to -- i'm versatile. where is the double a met team, port sat. lucie i would prefer to talk about things like warner brothers, it's on people's minds >> i'll talk about it with you any time you want. >> just not on air >> also on people's minds today, bonds, ten-year, close to 3.07, we'll see what happens as we inch our way towards jackson hole we're back in a moment this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. to adapt in the changing world, you could hire a professor of theoretical mathematics. we all know this equatio

warner brothers has scrapped its upcoming batgirl film, just months before it's due to be released, after simmons and brendan fraser, was filmed entirely in glasgow. production reportedly cost more than $70 million, and the film was scheduled for release later this year, in cinemas and on hbo max. one of the uk's most influential civil rights campaigners, roy hackett, has died, at the age of 93. he helped organise the bristol bus boycott, the campaign in 1963, to end the bristol 0mnibus company's colour bar on employing black and asian people. the protests that followed paved the way for the race relations act. 0ur correspondent, jo black, looks back at his life. trying is what i did in my life, in my whole life, i keep trying. life, in my whole life, i keep t inc. ., ~:: life, in my whole life, i keep t in. ., <1, life, in my whole life, i keep t in, ., £1, trying. for 60 years, roy hackett _ trying. for 60 years, roy hackett dedicated - trying. for 60 years, roy hackett dedicated his - trying. for 60 years, roy hackett dedicated his life fighting for racial equality. in 1963, he was one

allow us to either go through this period at the beginning of march 5 hollywood studios disney warner brothersy pictures universal and paramount pictures stopped showing russian films, they are also called majors. they brought about 780% of the revenue, domestic releases, until they can return the box office and the quality has never been in russia, er, in order to completely saturate the er, sector. therefore, all worthy uh pictures that are interesting to our viewers. that's the audience and so watched cinemas domestic production. a lot of you know jumped land and emilia shlana, still the success of our absolutely record in collections. the first part of the serfs at the box office. he earned more than 3 billion rubles. in second place in the upward movement and closes the top three is the t-34 tape, no matter who is right. it's your fault the army needs someone to protect it. the grandiose release of the film father's heart is expected on october 6. the film based on the historical novel by alexei ivanov was filmed even before the start of the pandemic. so i 'll tell me here and it also wor

and so to warner brothers discovery, and so far not a strong stock. >> and the warner brothers discovery and how about at this point, there is nothing for investors who want to be positive on the name to be hanging their hat on. and don't forget, it is a highly levered company, and the cash flow is not what it is going to be originally, because of the assets it acquired so to speak when it merged with warner from at&t are not producing at the level they anticipated or needed to be reworked or shutdown in some fashion. so that has the investors concerned, because so many much of the cap growth is coming from the old business which is the cable business and people cutting the cord. >> people know that these are huge companies that are very, and they were, i don't want to be, but older people relied on them for dividends. >> at&t you are talking about and verizon. >> yes. and while we are at it, throw in the mix again, why aim short term on the negative, and the company that i like that has been on fire and reported a great number, and the stock is down bad, and that is worrying me tremendo

the original lord of the rings, those are warner brothers. ere should be on hbo max and they are but now they are also on amazon's prime video. you see this culture now that is really changing inside warner media where instead of making it the exclusive home of content, they are really going back to more of a licensing model where yes, it is on hbo max but you can also get it on amazon prime. that never would have happened under the prior management team. you are seeing a real focus on licensing to generate profits versus the only sort of northstar was streaming hbo max. hbo max is no longer the sole focus of warner bros.'s discovery. they are licensing from third parties like amazon. >> we are seeing these streamers make more moves into sports. amazon will show thursday night football in bars and restaurants as a deal with directv. you're talking about there being more viewers on streaming than on cable for the first time ever. his sports the only way to take streaming to the next level to that next generation or chapter? >> sports is a great

less: first bat girl and now the flash causing more headaches for warner brother's dis-covid ray after its star ezra miller was arrested and charged with felony burglary for stealing alcohol from a residence in vermont. in vermont? moon shine? okay, it's just the latest continuey involving "the flash"lead actor and miller was ayred in hawaii twice this year for assault and facing several allegations of abuse in iceland and berlin. >> iceland? liz: despite miller's brushes with the law, ceo david zaslav said the long awaited flick is still a go and set to hit theaters june of next year and david zaslav may have decided "the flash"fate but there's questioning swirling around what part of the company he could put on the chopping block next. charlie: i can't believe what you read is real. not what's on the chopping part what hart. what we know about -- i've been doing digging into his restructuring plan and it's honest to goodness restructuring. he's going to -- he wants to take as much of the pain up front as possible. by the way, the dude from flash is, you know, it's kind of like a noni

the most, if not the most important media companies on a global base but the asset base on the warner brothers been underutilized. i would not make that target for paramount. they're starting from completely different space. >> given what we have heard from paramount, warner bros., netflix two weeks ago, how would you size up the media landscape and how they're performing, ahead of a potential economic slowdown that many are forecasting. >> i would say they're operating from a completely different base they have $3 billion plus in cost synergies ahead advertising is being sold under one sales force under one advertising salesforce, but also just distribution and their scale will help. disney reports next week, and we think numbers will be positive, particularly on the beatbox side there are differences within the media landscape, and, i mean, fox reports next week as well and they'll be a completely different story. they've pivotsed towards live. >> jessica, only a second. i think the bofa trading desk last week talked about our parent and charter and broadband and asking whether or not we're

good news for warner brothers discovery which needs a big hit right now.llion to $30 million per episode for this game of thrones, and warner brothers discovery owns h bo max trying to combine h bo and discovery finding $3 billion in cost savings and they own cnn, which you've talked a lot about. amazon has already committed $1 billion to the lord of rings, that's five seasons they've put on the bottom line. $1 billion, was expensive tv show ever in the history of production, so we know disney is also hiking prices by three bucks to over $10 for disney plus, and introducing an ad- supported tier, so i think streaming, you know, we talked about this , how more people are watching streaming now than cable last month. it's because they're putting all the quality content on to the platforms and that's where they are attracting the eyeballs. stuart: that leaves the cinema operators with a problem. >> i'd say also cable operators as well, wouldn't you say? stuart: that too. >> that's all. stuart: good stuff, susan thanks see you again soon. heck that big board d

really seemed an award from the king of norway for bolstering the morale of the citizenry, and warner brothers paid a staggering $300,000 for the movie rights. at fdr surging, steinbeck travel to air force pages around the united states to observe the training of pilots, navigators, bombardier's, and gunman. and he wrote bombs away, the story of a bomber team. meanwhile, steinbeck past his army physical, but his request for officer ranking army air force intelligence was denied, and the monterrey draft board made it difficult for him to secure the nash necessary passport peters on the warren state department for his job with his correspondent. on june 3rd, 1943, signed back departed on a cruise ship for england in the employ of the new york herald tribune. his wartime dispatchers, 85 in total, from england, north africa, and sicily, appeared in the herald tribune between june and december 1943, and were syndicated in newspapers all across the country. except for oklahoma. as well as in australia, new zealand, and south america. ernie piles that of john steinbeck, we have no other right to catc

of warner brothers, and this is where you realize as well the antiabortion views of right wing lawmakers and some people on the supreme court don't mirror what actual americans want. right? (applause) and that's a huge problem in this country. it is like letting the craziest dude in your friend group plan your bachelor party. are you going to be like i just wanted to may beer pong, how did we end up in a ban cobbing prison. not-- bangkok prison. not cool. speaking of earth-shattering news, beyonce is changing her album again. >> yeah. first she took out the word "spaz from a song because some people complained it was ableist, and now she is removing a sample from one of other her songs because chalise complained she didn't get any credit from it and look i get what beyonce is doing, very nice. but i also should point out this could turn into a major disaster. because you realize now depending on when you listen to the album, you could be hearing completely different songs. yeah, it is going to change, you don't even know what the thing is going to be, i heard you won't break my soul, ano

this news breaking and arising as investors wait to hear whether warner brothers plan to consolidate with this hbo max. charlie breaks this and he's running down here now and don't move. closing bell 14 minutes away, dow down 94. liz: ahead. second-quarter earnings. chief david zaslav new streaming strategy. charlie gasparino reporting broke some of that story. but also his cunning strategy too. >> most of the story yesterday on your show. what we reported was that they're going to merge the discovery plus with hbo max, the two major streaming services. they will merge those two together under one entity. there is going to be cost cuts involved in that. i don't believe they're going to give specifics cost cuts and layoffs in this earnings. they will announce the merger but not going to i have get specifics how much they will save but there clearly will be savings. from what i understand of people inside of company, telling fox business network there could be significant layoffs in the coming weeks and months ahead. liz: obviously. >> merging legal departments, merging manment, you're