zaslav and discovery you are smaller but taken over my zaslav. >> a great programmer had to walk oute way, he couldn't listen to a john stankey lecture about media. honestly should have been a sign for a lot of things. they still can make great content. there's great contenters at all of these places. interesting to see what happens to jason kylar and others. more moving around the pieces. whenever i see people move around the pieces they're not focusing on growth or content. which is their business. david is a longtime programmer i've covered discovery thins i was the "washington post" 30 years ago. writing one of the best leads i've ever written from the guy who founded it, and so discovery's had quite a journey itself although it hasn't taken advantages it has in the branding as well he's super slick and like listening to him for sure but i want content makers to make great con pept mike ama mike -- like "mare of easton" everybody should watch. >> and zaslav at discovery for a long time. >> not -- >> is he the right person to compete with disney and netflix? linear and streaming ex

zaslav as well tom, it's great to see you, what do you make with the deal?accomplishment to sit on top of all of this. my first reaction, discovery, warnermedia, i thought of the two, dis-war this is war. is this no streaming battle anymore. this is a company that has been put together to really take it on david's narrative up until now with discovery has been he sit as part the entertainment streaming wars because discovery was nonfiction and something different. this creates a company that is global in news people aren't immediately playing to this, but global in sports because tnt has sports here, euro sport that discovery has overseas global and entertainment, obviously, with hbo and global and nonfiction entertainment with discovery so it's really the first company that puts together all four content genres into a single company to be able to do war i've never understood the at&t deal i said that on air look, t-mobile rented netflix for purposes of promotion and marketing. verizon did it with disney plus. and discovery plus as well you didn't need to sp

joining me is david zaslav, and john stankey, the ceo of at&t.orning, and i certainly appreciate it. john, i'm going to start with you and the soon to be most powerful man in the media, stand by, i want to start with a couple of questions of you, john you know, i'm going to use the word bold. i think you have been amazingly bold in ten months or so in the job or maybe a year in the job at this point. it doesn't always mean being bold is being rightm you know, it's less than three years since you closed the warner transaction, it cost your shareholders $107 billion when you include debt in that deal. so why reverse course now? >> david, look, you know, things have changed a bit since we did the transaction, and despite the fact that, you know, we are doing this relatively quickly, shareholders have still done reasonably well with this decision i think when you look at, you know, the cash flows that we generated during that period of time, look at asset sales we've made, and you know, frankly, i have an incredible degree of confidence that david's

discovery president and ceo david zaslav will lead the new venture.g us now is imax ceo, richard gelfond. we are curious what you think this will mean for your industry after that controversial decision by at&t to take warner brothers films and put them on hbo max the same day as they go to the theaters. >> oh, i think it's lots of good news for imax and the industry david zaslav is one of my closest personal friends i know him so well he's a fantastic operator and has a great operating team i think they're going to focus a lot on the creative part and their global growth strategy even in the streaming world today, leveraging off what you have is a great place to be and start. david will know how to do that i think warner is going to remain at the stop of the studios. >> one of the questions when randall stevenson first bought this asset was how would he do with hollywood clearly, you know, there have been a lot of leaders of that unit, but they rubbed hollywood the wrong way with that decision how will david zaslav do when it comes to fixing it >> da

he is now according to zaslav -- reporting to zaslav.n dal stephenson. i can't wrap, the ran dal stephenson put together the deal that has unwound. one more loser is potential, john stock john stanky. he was behind with randall stephenson, which they fought in court against trump and directv, another big loser. this is a firm, at&t, company, known for bad deals as you can tell. back to you, jackie. jackie: so interesting, charlie, to see how things can change literally in a new york minute for people as you're sort of laying out the playerers and how this will work. thank you so much for bringing that to us. we'll talk to you soon. >>> meantime bitcoin prices are rebounding from a three-month low after elon musk clarify as tweet over tesla's bitcoin holdings. we're back with our panel, ann berry, hal lambert. ann, start with you. musk was behind bitcoin and walking it back and is wondering why everyone is confused? >> yeah he does definitely move bitcoin prices with one character at a time, jackie. i think on this one there needs to be c

david zaslav will be dealing with that entity as it combines.rom new york city, this is bloomberg. alongside lisa abramowicz, i'm jonathan ferro. your equity market coming off the back of the week of losses, and we add to them. the s&p 500 declining by 20 points, down 0.5% going into the opening bell one hour and 12 minutes away. yields on the nominal yield unchanged at 1.635%. euro-dollar, $1.2143. crude down 0.7% on wti, $64.92. news of the morning, we got some deal flow. lisa a: a lot more exciting than flat markets. we are looking at discovery taking on the at&t media assets. we believe it is going to be in this reverse morris trust merger as ed hammond was talking about. the idea is we give it a cash infusion to at&t in return for a merging of media assets to rival the likes of netflix and disney+. the question is, can they be successful in such a competitive area? jonathan: always the question. the discovery ceo, we are keeping cnn. we are going to lean into the news. discovery is higher in the premarket by around 12.8%, just off session h

emily: let's talk about what david zaslow of -- david zaslav said. what do you expect and what do you think zaslav should do in terms of the more premium assets and more premium executives? >> i think he has to keep some of these guys on. i won't say who specifically, but there has been a trail in the last few years and it started to save lives. we have been seeing positive results in the tailwind. they have been talking about it and i think it will be tough with some of these people around. it will be people on both sides of this having a bigger say. so we will see how well david can hold onto these assets, particularly the next year as we ate for a shareholder. emily: what do you think the biggest challenges are going to be? a lot of these folks signed on thinking people were doing one job, now it has changed again? noel: it does not seem to make sense to run discovery plus and hbo plus as different businesses. they may find that their job is not as good as it was. i think another challenge is going to be getting them together. while they are both

only one class of shares in the combined company very close with david zaslav a mentor in addition to sitting on discovery's board and sounds very much working with zaslav to figure out terms of this deal maybe not in the combined company but sure to be a voice on the board that is, that people are listening to, and just fascinating he's 80 years old and just does not stop doing these tax advantage deals. that's his signature. >> yeah. lots of energy some calling him the logan roy from succession in all this. julia, thank you >>> now a surge for gamestop, and amc. confusion over ethan allen elon's ties to crypto. a strange few days inside wall street bets. our kate rooney has an update on the latest trading boom. kate >> reporter: hey, jon. seeing a resurgence in chatter around movie theater chain amc and on social media, and a lot of bitcoiners still mad at elon musk according to data firm, amc, the most talked about stock on reddit this morning followed by gamestop, united whole sale mortgages and tesla. meanwhile, short sellers in gamestop and amc lost almost $1 billion from those

david zaslav comes from nbc, so he's very aware of these types of assets from his experience, so we thinkill be a great steward of these. but i think it is all going to come down to the negotiations on the table. this makes it far more likely that we work up with discovery at $100 a share versus today's stock prices. and like you pointed out, this really puts them into a stratosphere of content that is unmatched, and i think later, other people will wish they had gotten involved in some of these assets at a lower price. netflix might be deployed in their own content spending two years from now, or others might be disappointed that they didn't take a shot at some of these assets. if you go back to other malone deals, there's components of hbo that have starz-like features to it, hence malone is coming back to business he is pretty similar with as well. alix: love the perspective. and tune into our interview later today with discovery's ceo and at&t's ceo. that is coming out 3:00 p.m. new york time. coming up, tech stocks leading the u.s. lower today. more on the rotation trade. how much do

clearly here zaslav feeling good about the $8.5 price tag because he says that indicates how valuableheir content deal is, jon. a little bit from zaslav he's pleased that panned out like that. >> they have to spin it one way or another i want to know your perspective, why did they pay so much when the marquee title and brand in the portfolio is james bond, who arguably has aged the worst as far as heros in the metoo movement, some of the old movies, i don't know if you can show the kids. >> look, jon, i think the real issue with james bond is not how well or poorly he has aged and that franchise has aged, but the fact that amazon is only getting 50% of the james bond franchise. the other 50% is owned by the family out of the uk they are not entirely owning the james bond franchise which i would argue is still very valuable you might have to duke it out with wilf who is a huge james bond fan there is just a limited number of independent studio assets left if you look at sony, sony is tied up with netflix, so they're already tied up there. there aren't that many suppliers left i think t

we have a view from a top segment with my colleague senior director strategy and activist jordan zaslav. >> thank you, andrew. now joint as from oakland, california, the head of renewable energy at facebook, urvi parekh. welcome. >> nice to be here. >> it's great to have you. urvi, when i hear or think about renewable energy my mind use goes to environmental impacts. but in a report released this week become a much bigger story. these are massive infrastructure projects. and you chose more about about the economic impact this is having in the community you are partnering with? >> i'm happy to. my role at facebook is about overseeing facebook's goal to reach 100% renewable energy across all of our operations. this includes 80 offices where globally and our data centers. the report we released this week is really quantifying those 600e energy that facebook has contracted with over the last eight years, and starting to really help elected officials and the public understand the job creation potential these projects are bringing. when our report talked about is a $3 billion of investment in

and you get a feel for how large the company may be in terms of market cap and will be led by david zaslavs a focus as what at&t is going the look like after this deal as it is what this new media colos sus is going to do to that industry i did have a chance to ask john stankey what does at&t look like and for example what is the capital structure going do look like and what does it mean for the dividend. >> taking the cash to go to the highest return and it is not to be unexpected that when we shift out as much of the cash flow as we do with the media company transaction, what we have done with the directv transaction to resize the dividend as a result of that but general rating really attractive returns far in excess of the 5% yield that maybe the returns is the right thing to do for shareholders and want the business to grow organically. >> will be a somewhat different at&t in terms of shareholder base perhaps with organic growth being a priority you can see, of course, what they're targeting in terms of 20 billion in free cash flow for the payout ratio and 43 billion is debt reduction

jonathan: david zaslav coming up swinging, the discovery ceo. keene and lisa abramowicz, i'm jonathan ferro. here's your equity market this tuesday. we are higher by eight points on the s&p. we advanced 0.2%. on the bond market, yields come in just a basis point. in the fx market, 1.2217%. three reports from retailers in america this morning. home depot, one to beat. macy's, another. walmart, make it three. the outlook looks brighter for retail in america. tom: the mba speak is floating around this week. jonathan: it sounds -- we don't want to stop the show. jonathan: it sounds like you have just done that. elaborate. tom: lisa, this is compelling. jonathan: are you talking about the mckinsey speak? tom: well said, yes. jonathan: tom, that's what you get every day. you always get the mckinsey speak at these press conferences. what do you expect? lisa: the spreadsheet isn't compelling in this capacity -- [laughter] tom: oh please. jonathan: lisa, don't try to translate. tom: i know you watch "90 day fiance" every time. "90 day fiance" is going to

>> right look, it is a coup for david zaslav that is what this is all about from the discovery side andat&t side. how do we put forces together to better compete against netflix and amazon prime and disney and the other forces that are out there which are going direct-to-consumer to compete for your dollar. the thinking is we have hbo and the new original content let's combine it with the hbo strategy hbo and so much more is so much more >> well, we have to go alex, why does it seem like every giant media deal somehow involves time or time warner something with time or warner? >> the gift that keeps on giving 20 years and counting. >> it just keeps getting moved around alex sherman, great reporting there on a potential deal to break within the hour. massive stuff there. at&t will be a phone company again. alex, thank you very much. >>> all right. huge deal. we head to break reminder that may is asian-american and pacific islan islander heritage month. we are highlighting our friends. here is out own eunice yoon. >> growing up, i remember my mom thinking of finances as tuition and school

the question is now, can david zaslav, with these new assets, also be successful in a global scale?elieve he can be? discovery is, prior to this round of consolidation, the most global media company out there. they have been in the international markets for a long time, competing very successfully. the question is, what happens to comcast? what happens to viacomcbs, as well as these smaller companies? lisa: and what happens to the consumer paying for each individual streaming service here? jon has talked a lot about this, at what point people start to cut some of their subscriptions. at what point also are we talking about bundling, some sort of package deal akin to back to the future cable? paul: that's kind of the key issue that we really don't know. how many streaming services do people really want to pay for? is it three, 4, 5? the reality is it is not going to be more than that, most likely. if you are not one of the top three, maybe four, that is going to be a struggle. tom: i've got to go to my colleague jon ferro. you know i am riveted on "ninety-day fiance" by brandon and j

said that he plan to spend more this is a play for scale and advertising and if streaming discovery zaslav saying they could reach as many as 400 million subscribers. >> warner together with discovery will be a really strong global force. but also that the vision for john and i was the number one telecommunications company in the world and the number one media company in the world and that's the mission that we're both on and we both now have the tools to accomplish it. >> and at&t ceo john stanky said this will allow his shareholders to realize the value of warner media direct to consumer strength in hbo max while at&t could focus on its core. >> i'm absolutely confident we're going to see good things for both equities when this is all said and done. right now, our focus is on making sure we're the best broadband company in america >> well, melissa, shares of both stocks did close lower at&t down 2.7 and discovery off 5% there was concern about at&t cutting its dividend back over to you. >> which was fat prior to the announcement today, julia. i'm curious, maybe selfishly, we both work fo

now we know it is discovery ceo david zaslav is well-known to be very interested in the media business. i'm sure he feels like cnn is the crown jewel of the company will now have a huge global business behind it. it won't be part of a telecommunications firm that for all intents and purposes didn't have a good handle on running a big media company. so i think it is going to be interesting to see how it develops, how cnn's streaming services come about, whether they live and will they be part of the hbo platform. >> right. >> will they live on their own. so i think we're all eyes on it right now. >> the deal, if approved by regulators, if okayed, will take effect next year and zaslov reported their independence. i want to get your thoughts about how the reality based media should be covering a gop. and late whaer is the plan for tribune now that a vampire hedge fund is taking over. [sfx: kids laughing] [sfx: bikes passining] [sfx: fire truck siren] onstar, we see them. okay. mother and child in vehicle. mother is unable to exit the vehicle. injuries are unknown. thank you, onstar. ♪ my

the discovery ceo david zaslav is set to run the new company. >>> scammers impersonating elon musk stole customers in the last six months that's according to a new report by the federal trade commission. the scammers usually set up bogus give aways, promising to multiply any cryptocurrency that victims send to a wallet address. >>> charlie. >> remember this you tube sensation, charlie bit my finger this weekend, it's going up on auction as an nft. 14 years since the video dropped. the kids are now 15 and 17 years old. they say they're pulling the video from you tube after that sale >>> on wall street, the dow down 54, the s&p down 11, the nasdaq down 51. i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news a suspicious fire spreading in southern california. hundreds of people under evacuation orders. now, one person arrested the truth is out there and we might be close to getting it more government officials acknowledge the existence of ufos ahead of a report to congress and many americans eager to travel again as vaccination rates rise and restrictions ro

said, these are my independent personal opinions, those are zaslav's and stankey's, the arguments thatf its assets and synergies and leadership and pure play at&t are at this stage the best way to extract value from the shareholders for these assets. >> that's been a question that's been asked repeatedly, glen. is it a situation where you can't have the pipes matched up with the content company, it doesn't make a lot of sense. there aren't many examples where that sticks. you can point to comcast, our parent company, but aside from that even verizon unwound the smaller purchases it made of aol and yahoo! very recently, too. is it just too complicated to have content and pipes together? >> well, you know, the complication one heard about becky was not the management of the company but the capacity of the stock market analysts and buyers to value a combined company like that. the combined media analysts and tech -- telecom analysts couldn't value it. i think inside the company it wasn't as complex as it seemed from the outside and in particular the synergies associated with the new strea

in an interview yesterday, discovery ceo david zaslav says combining his company with warner cnn will before they pay for dinner like superman and batman and game of thrones and put that together with all of the local content that we have in the market and the relationships that we have, i think it gives us a big advantage in going global. >> before you pay for dinner. joini ing us now, brian stelter. first of all, warner media, parent company of cnn. it's not like we have no interest in this, but what kind of a package are we talking about when you combine discovery and warner media. >> there's not enough room to fit all the logos on the screen. this is the proposed list, streaming brands, cable channels and hubs of programming. d.c. comics over there, a treasure-trove of potentially superhero stories and villains, adult swim and cartoon network, all these brands if brought together can create an even stronger, way to compete with disney and netflix. that's really what this story is about. this is about discovery and warner media trying to get more scale in the streaming wars. >> wel

it's in better hands now zaslav is the kind of creative executive.> he's exactly the right person to -- you know, to try and develop it >> you once said that nobody would really be able to ever compete against netflix. >> yeah. >> given its success >> yeah. that's true. >> still true? >> yeah. >> so warner media, discovery, this doesn't change that >> i don't think it changes the -- look, netflix won this several years ago. they're the only ones who have the scale and the momentum to keep making these somewhat lunatic investments in programming, and it's not that disney -- look, iger now being pushed to the sidelines by his successor, not very nicely by the way, but -- certainly doesn't deserve it but -- >> you think he's pushed bob iger away? >> oh, yeah. but the thing is that these -- yeah, i do, by the way, but these assets, you cannot -- netflix -- disney is certainly going to do okay whether, by the way, when you balance it all out five, ten years from today and you say what they gave up and what they received from the middleman to what they get

zaslav and finally, guys on this whole subject, i did want to mention viacom, carl, you mentioned itupgrade from jessica, over at merrill lynch or bank of america, and basically what we're discussing yesterday in part, i reported this, there was a willingness on the part of the viacom controlled shareholders to list physician there were any offers and any potential sale would require approval of that controlled shareholder, that is in the form of sherry redstone and in the past she said to be an unwilling seller but the dynamics could increase pressure to consider an offer. >> what changed? the scale issue? >> of course. >> scale, scale, scale. >> we'll see following it closely we'll see what develops. >> and for jessica to do a double upgrade - >> double upgrade. >> not to be confused with a double reverse -- which our company was trying to figure out to get warner. >> or re-sizing of the dividend, which does not mean double it is half it's almost re-size time that's what they will do in the nfl. it's almost re-size time. >> say the word. >> fixated >> yeah. >> cut that and re-size

zaslav and malone and the new houses get to control it it's certainly in better hands how could it have okay whether by the way when you balance it all out and say what they gave up and what they received from the middle man to what they get in direct is ever going to actually pay off, it may just be survival for them. netflix won this several years ago. they're the only ones who have the scale and the momentum to keep making these somewhat lunatic investments in programming. brian roberts and comcast have a route to all markets they have, i think, gone about this streaming thing smarter than anybody >> barry diller on all the names. mike, one of the interesting comments is that netflix is the king and doesn't expect this new at&t/discovery deal to change that. >> certainly i think it's fair to agree that netflix is basically the incumbent in the new world but it's not entirely clear they are a world apart in terms of their capacity to spend on content i don't know that we want to take the $20 billion that at&t -- i mean warner media/discovery is promising as being completely comparable

i think david zaslav is an exce exceptionally talented executive, particularly in the software content space number two, you may remember, maybe it was up to two years ago, you asked me the question about hbo max and i said i thought they were going to struggle with getting the kind of subscriber growth in the u.s. that they were hoping for. and you know, i think in fact, that's true. for me, the problem with hbo max is it has no ability to go international at the time. and the combination with discovery, given discovery's existing presence, large presence, in 200 countries around the world, with a great brand, to me, that's the big upside >> interesting to hear from malone, of course, which we will continue, throughout the morning, discovery shares did not do well last week. at&t shares of course, jim, we talked so often about, during the course of last week, in part because of your criticism, and the cutting of the dividend that will take place once this deal closes investors i have spoken to in terms of discovery, listen, it is going to be five times leverage at the outset of the de

was an outreach and then again, kind same story of tim cook comes to dinner, and with malone and zaslav they're like well, what are we here to talk about they never pulled the trigger. never. >> david - >> never, ever and they probably won't. but my question is to you, okay, look at somebody who supports apple but this is consuming some capital. it is taking up space? what's the plan? >> the plan is to develop over time the best product possible >> you know how long it would take for them, it could take a very long time, despite all of the money they have to develop that kind of library of content. >> buy mgm >> no. >> what are you saying do. >> do you buy viacom what do you do if you're apple or continue to move along or do your shareholders say why bother >> look, david, this morning, barclay's says the service revenue stream is decelerating you have an app store where they generate this content. you don't have to do anything. just like youtube. you don't have to do anything. >> and what is apple trying to be >> it is what they wanted to be over time. they don't feel the pressure that

zaslav gets to operate it. >> that stock actually has had a rough week, as has our parent company comcast, as has charter. both of those bound in part because they do believe there was going to be more flexible, more competitive at&t and the wireless/connect tive industry and behind the notes this morning, ubs talking about, listen, none of them seem to believe they will necessarily get to the 20 billion free cash flow target at at&t. but the analysts are coming out positive today on the stock, don't seem to care that much for its part do we have that ubs? they talk about, they're just going to be more competitive in the wireless industry. that's what they come back to. they say while cable continues to grow as a force in wireless and competition from wireless and t-mobile will ebb and flow, we believe at&t will improve its positioning relative to expectations in the 5g era as it accelerates the rollout of its c-band, and spent an enormous amount of money on air waves and news street, we don't believe the guidance but it doesn't matter, we don't have the company growing free cash flow in

warner content did and i think under david zaslav's leadership, they'll take a look at this and understandall value chain. creating value and creating events mgm, my own view is if this goes through, i think amazon is mostly buying it for the tv end of it like handmade's teal bond, which we are doing at mgm, shot with imax cameras is 50% owned by the brockway family the descendents of the person who owned the books. they're not letting that go to an all streaming movie i'm sure amazon is too smart to let that happen anyway i don't think you can look at that as the loss of a studio more like a tv studio, not really a movie studio. i'm sure their big movies, the kind imax does is going to go theatrical. >> richard, to that point though, let's talk about the amazon/mgm transaction you mentioned the family which is a key component and has been one of the hurdles for a lot of potential buyers for this company in part because there is a view that the family will make these studios release their films in theaters like yours, good for you, but maybe less good if you're an amazon i think it's one o

"axios" that david zaslav will stay on as ceo until 2027.down goes the scott. susan: the strategy calls into question. they paid $85 billion three years ago to buy time warner in the vert tick call integration. we know vert tick call integration doesn't work, you spent tens of millions defending it. surged the debt load on at&t. people were saying that was creeking at $160 billion. they needed to off-load time warner. stuart: can you give me a quick update on home depot? they had blowout earnings. it is down despite blowout earnings. tell me the story. susan: kind of strange. we saw home depot up 2, 3% in the premarket so it has really turned around. despite the 30% gains in same-store-sales. walmart up 4%. online sales jumping by a third here. stuart: thank you, susan. wait a minute. this is for you. bank of america weighing in on bitcoin. this is your territory, susan. what are they saying. >> increasingly yours too which i'm encouraged by, enthused. so in their survey of investors who manage half a trillion dollars, long about long bitcoi

not like this is done they're all still looking for each other >> what's the name got a name for zaslavyou? >> i don't know, z-media >> maybe plus. all of these things have plus at the end. >> how about plus plus >> blodget, let's ask him, barry diller weighed in only the ongoing epic versus apple, what apple takes in from in-app transactions is simply too much. >> it's irrationale, 30% i mean it makes no sense to pay -- look, i make something. i offer it to you. these people basically, in the middle, provide a service. but that service has an anaanal. >> joining us insider's henry blodget. do you have a new name i gave you a couple minutes? >> warner -- drop discovery. discovery can keep its network name but drop it >> warner, it's got a lot of identification, obviously, old hollywood and everything else. barry -- i wonder -- you know, barry doesn't like giving things away, i don't think. i wonder if he could get 30% on something, if someone said, barry that's not fair. give me 5. he would say okay. do you think that he could keep taking 30? >> i think henry would keep taking 30. >> me

going to be very interesting to see what happens there >>> meantime, discovery ceo david zaslav receivinges the day before he received the sec filing. the cost of the conversion currently ranges from $35.65 to 3.33 invest in over a seven-year period it's still extremely volatile this year. meantime, crypto as bitcoin lost more than 1/3 of the value since last month's highs the current si funding before recovering a bit settling under $40,000. that kind of volatility has the story fundamentally changed. jon fortt is here to weigh in on both sides andrew >>. >> no. if you like bitcoin the second week of january you should be buying it here if you thought it was crazy then, you think yesterday's move justifies that nothing's really changed the bull case for bitcoin is it's the standard bearer it's the needed piece of the future of digital finances that's why institutions have bought it. changing the way money works is messy. if you believe the world is moving to a blockchain driven future you know the volatility is inevitable is china going to embrace bitcoin? of course not. is elon musk goi

reports in the past that discovery and zaslav was looking to tie up with cbs.ely, look at the decline we're seeing. this is one of the world's biggest sovereign wealth fund, dissolving its stake in airbnb, buying amazon. why amazon is rallying. the lockup period for ipo for airbnb is expiring. people that can sell are allowed to sell and that they are. stuart: loss for airbnb, down significant 7%. that is significant stuff. prince harry, we'll get into this, he set off a firestorm after saying this. watch this. >> i want to say about the first amendment. as i still don't understand it you about it is bonkers. stuart: really? i consider that the epitome of entitlement. go back home wherever that may be prince. nigel farage is here to respond more formally than myself. >>> the administration is quick to admit pipelines are the best way to move oil pushing their own green agenda. is that a trouble standard? daniel yergin is here after this. ♪ incomparable design makes it beautiful. state of the art technology, makes it brilliant. the visionary lexus nx. lease the

"the wall street journal" reports that discovery chief executive, david zaslav, is expected to head theew company. >>> and retailers and restaurants are now weigh how to implement the cdc's new guidance lifting masks for the mask mandate for those who are fully vaccinated. walmart and sam's club, costco, trader joe's and publix are all asking guests to follow the honor system and only unmask if they've been fully vaccinated. disney parks, hershey park, and universal parks have largely lifted the mask mandates for outdoors, though indoor mask wearing will still be required and certain parks fall under local guidance. universal studios is a part of msnbc's parent company, nbc universal. so you can see, joe, it's complicated. >> well, yeah. >> it's a little complicated. give it some time. >> they're moving forward. i'll give it a couple of days. they're moving forward in the right direction, though. >> a couple days? >> and they have the honor system and we're at a stage now where, yeah, they should follow cdc guidelines. again -- >> i know, but it takes a couple of days for it to kind of