z. betty: but the success wasn't just due to bigger and better ships aimed at a ballooning population of american middle class. by registering ships under foreign flags, like liberia or panama, companies avoided u.s. labor laws and environmental and tax regulations that regular land-based tourism were forced to follow. between 1970 and 2014, the cruise industry's passenger load grew more than 4000%, from 500,000 to more than 21 million cruisers each year. but the industry's environmental practices and working conditions have drawn a lot of scrutiny in decades past. and in the last several years, the industry has been plagued with a series of incidents that have hit the headlines and scared passengers and public alike. >> sick at sea. a royal caribbean cruise forced to turn back when 200 people on board get the norovirus. betty: from norovirus outbreaks on eight separate cruises last year >> nightmare on a carnival cruise ship -- betty: -- to an ebola scare that created panic. on a carnival magic cruiseship. >> we knew something bad was happening. betty: to the devastating crash of the co

betty: is there a confusion about what you can get, right? on each service? and jay-zout with his own music streaming service and said i will put exclusive on this au come to mine -- and you come to mine. anthony bay: the biggest issue is confusion. the first is understanding the idea. if you tell somebody you can how -- have all of the songs on itunes for one flat rate. most people would be surprised. sign me up. that is the value proposition of streaming music whether from rdio or another service and eventually out. the biggest challenge is most people do not understand. there's a certain amount of difference between exclusives. not clear how it will work out. for the most part, it is not good for fans. betty: why not? anthony bay: the idea people will sign a two various services to get certain songs will slow down. it is hard to get people to understand the value of $10 a month. every so by that artist is on this. -- song by that artist is on this. betty: how do you get over this hump? some is controlled by the artist? anthony bay: some by the label. there's been a

betty: thank you for joining us. speaking of apple, let's talk about rivals. john just mentioned beats music. hip-hop mogul jay-zer the weekend in a series of rants defending his streaming music service, title --tidal. it has been in business less than a month and is competing with apple. it has announced it is replacing its ceo and cutting about a dozen jobs just a month into operations. we will preview the all-star lineup coming up. ♪ betty: the milken institute global confident that conference began yet -- global conference began yesterday. kicking off the conference this morning will be cris robbins of blue harbor group. right now, cliff robbins and stephen schwarzman as well as shaun donovan will be a few on our program. erik schatzker and stephanie ruhle started on this last night. what is the scene there? stephanie: i will ask sean the hard questions. he was in d.c. and now here he is in l.a.. we will get to him bright and early with his -- with the hard stuff, because maybe he will be off his game. error: --erik: you are tempted to compare it to dock is because it is investors and academic types, but wha