it's just money. >> why isn't netflix one of. >> it's not prove. where is the value going in apple is putting money out are they getting any revenue off that how long is it going to take the content producers will be the ones today getting the money np. >> but what's interesting is -- and i think this may be your point, mel, is that the reason netflix has been as successful as they are is they are a distribution platform and they have the distribution. and people applaud it people. >> they have both. >> they grew into into the content but they had distribution first whose got distribution first apple? i'm not here -- let's talk streaming wars i'm not here to argue in favor of apple. i'm here to argue against netflix. because net flex spent $20 billion in 2018 and 2019 so far. the problem is the wars heat up and the competition finally comes online that we knew was happening, the expectations and really hockey sticking on the -- they're supposed to make 65 times a share when disney at 30 times is expensive and doing what they have always done i just

mike santoli has more on netflix's fall this year mike, netflix fell last year from around midyear into the end of the year when everybody else was falling. and then rebounded is this similar or is it different? it was precipitated by earnings. >> it is similar in magnitude, but when the market was rushing lower, it was about stocks that had the greatest profits, fast moving stocks hit harder you look back at the chart of netflix against the nasdaq 900, it is tremendous surrender of what had been amazing outperformance two years ago, the following ten months, up 200% more than the nasdaq 100 and it has come back almost the entire way essentially it is neck and neck with the nasdaq 100 over two years, but had been up by -- tripled it a big premium is being drained it is the specialness, uniqueness, certainty on the business model, how fast they could get to whatever subscriber base people thought was proper scale to get profitable. i think a lot of that is what's going on also, you're seeing a drip, drip of the street getting more cautious incrementally, but not in a dramatic way. look a

even though netflix to some is a big behemoth, to netflix, they are still a start up. they are still willing to do whatever that takes. taylor: you do have a lot of competition coming after netflix, even though they probably think they are pretty small. what would be your biggest advice to a company in the streaming service or your advice to netflix on how to differentiate yourself as they have? >> my advice is the same to netflix or any company in the streaming wars, to any big company or any startup. number one, you do have to always put the customer at the center of your decision-making. once you begin thinking about what is best for shareholders rather than for customers, once you begin thinking about what is better for your infrastructure, that is when you get into trouble, both in business and in ethics. i also say you have to focus. you have to say, what is the most important thing we are doing? and stick to that. even though there's other things that seem. taylor: you are an entrepreneur investing in constantly and looking at new opportunities. where do you see

even though netflix to some is a big behemoth, to netflix, they are still a start up. they are still willing to do whatever that takes. taylor: you do have a lot of competition coming after netflix, even though they probably think they are pretty small. what would be your biggest advice to a company in the streaming service or your advice to netflix on how to differentiate yourself as they have? >> my advice is the same to netflix or any company in the streaming wars, to any big company or any startup. number one, you do have to always put the customer at the center of your decision-making. once you begin thinking about what is best for shareholders rather than for customers, once you begin thinking about what is better for your infrastructure, that is when you get into trouble, both in business and in ethics. i also say you have to focus. you have to say, what is the most important thing we are doing and stick to that? even though there's other things that seem. taylor: you are an entrepreneur investing in constantly and looking at new opportunities. where do you see

we'll hear from the man who made the call later, the big battle between netflix and disney what netflix needs to do to come out on top of the streaming wars the s&p 500 now is just over 1.5% away from a new all-time high look at some of this week's standouts, semis surging more than 4% for their best week in about two months retail rocking, gaining 3% on the week, and one stock in the front lines of the trade war, caterpillar, pulling back for a gain of just over 3% trade optimism seems to be back but is it enough to sustain the rally? guy. >> you find yourself sometimes like the salmon swimming up streams. >> there's an "l" in there. >> thank you i feel as if i am one now. i am swilling upstream and it feels futile, but i will stick to my gun. i still think the headwinds are out there, and i think the market is due for a significant sell-off i know there is trade optimism i get it i know this time the tweet came from chinese, not president trump's twitter account. with that said, i think it is delaying the inevitable. the inevitable is they get to the table and walk away with no deal,

and as julia boorstin reports, netflix' strategy is being put test. >> netflix is hopg paying big tv cators big bucks will help it compete with all its coming ri als. >> yourmbition frightens me. >> hit tv producer ryan murphy launches on netflix today. it's the first product from the streamer's recent spate of deals with tv creors. reviews so far are not great according to rotten tomatoes. but the big question is whethere it generates positive buzz to draw new subscribersers andth kp . >> the key is how many hit shows they can create. think global hit shows like stranger things with ryan murphy this f they can get one or twoit >> netflix lured murphy from whereee he created american horror story and crime story and nip tuck. $3 ohh million for a five him opinion year exclusive deal. considered the priceyest deal in tv history netflix is also making exclusive deals with other top producer. game of throwns david benoff and db white paying $$200 million and netflix has a $soo million with shanda rhymes. behind the hit scandalnd "grey's anatomy." the fir fruits of the deals lambing toda

korean food talk netflix it for filmmaking might benefit from netflix but cinema started to come for the streaming you know has entered the arena to battle it out with cinemas for their cultural or germany your film astana. our way of bantling our cinemas those magical places where the lights go out and we settle down in the darkness to be transported to another world. no we're not says christiane boyer the head of a.g. keno an association of art house cinema is optimistic he points out that cinema audience numbers are actually growing. very year. it's a different way of seeing a felt and of course not just because of the big screen not because of state of the art technology that we don't all have in our living rooms but because you're engaging with the media and the other people you're watching with. get an increasing number of film directors not opting to work with netflix same joy the freedom it gives them the streaming giant reportedly put $200000000.00 into martin scorsese's new cameras to movie the irishman and gave him full creative control which we sure are now free. to do th

that kind of became futile for netflix to compete with that. this show is cleaner and has many different partners and i think that netflix has a greater idea of what the value was for them and they were able to step up and pay for it. and it is because you have all these streaming services coming on, remember, five years ago you did not have any of this. now it has become a very big emerging part of the tv business. if you are a betting man, where would you put your money on the next classic old show to go for a big sum? the big bang theory which was very popularfor 12 a big sum? the big bang theory which was very popular for 12 years on america television and around the world. it is about to go for big money. that will probably go to warner media because they own it. interesting to talk to you. thank you so much. almost 90 tigers that were rescued from a controversial thai buddhist temple three years ago have died from a virus which officials have blamed on inbreeding and stress. but conservationists have questioned whether authorities were ho

korean food talk netflix it for filmmaking might benefit from netflix but cinema starting to come for the streaming you know has entered the arena to battle it out with cinemas for the cultural of germany over a film of the. hour we have banned in our cinemas those magical placing is where the lights go out and we settle down in the darkness to be transported to another world. no we're not says christiane boyer the head of a.g. kino and association of art house cinema is. domestic he points out that cinema audience numbers are actually growing. at a year and it's a different way of seeing a film and of course not just because of the big screen on the stuff not because of state of the art technology that we don't all have in our living rooms but because you're engaging with the media and the other people you're watching with. and things i would get an increasing number of film directors not opting to work with netflix they enjoy the freedom it gives them this streaming giant reportedly put $200000000.00 into martin scorsese's new gangster movie the irishman and gave him full creative c

what is the world on netflix >> it is an international problem for netflix. their growth opportunity is overseas their app growth overseas is slowing. they are competing with sharp elbows with amazon and other companies. >> laura mark am on our show has been worried about this. this is all they've got. >> all they've got is the ability to raise prices. >> a lot of people sara blame that on hbo go and "game of thrones. a lot of people, they'll cancel and resubscribe every month. >> yes it is like okay i'll cancel netflix and watch "game of thrones. and when "stranger things" comes back, i'll return. >> the churn is the biggest issue. i had an idea for next flichl. why not try to go after the nfl package? they want to grow interer national it would cost them billions. but if you want to lock people in >> there is a reason they don't know live they only know on demand netflix, they'll go after documentaries but they don't even do news either. >> i have been told live tv news early morning is the hardest thing to do and host >> all those hosts have the biggest ra

korean food talk netflix it for filmmaking might benefit from netflix but cinema starting to come for the streaming you know has entered the arena to battle it out with cinemas for the cultural of germany over a film also on. how we have banned cinemas those magical places where the lights go out and we settle down in the darkness to be transported to another world . no we're not says christiane boyer the head of a.g. keno an association of art house cinema is optimistic he points out that cinema audience numbers are actually growing for the year. it's a different way of seeing a film and of course not just because of the big screen understocked not because of state of the art technology that we don't all have in our living rooms but because you're engaging with the media and the other people you're watching with the north middle east in flames i would get an increasing number of film directors not opting to work with netflix they enjoy the freedom it gives them the streaming giants reportedly put $200000000.00 into martin scorsese's new gangster movie the irishman and gave him full c

julia boorstin joins us with what this means for the likes of netflix, of hulu. >> the big question is whether apple tv plus costing $5 a month for nine shows at launch will get consumers to drop rival services or having a lower price point consumers will feel not they don't have to choice and will tack on another service the company believes most of its customers will see apple tv plus as incremental rather than a substitute for netflix, both in terms of pricing and the smaller amount of content that apple tv plus is offering but news of apple tv plus's lower than expected price hitting rival streamers. while apple shares have gained 3% the past two days, roku is down 8%, disney down 2%, netflix down 1%. apple's pricing is lower than all of the streaming giants and that offer of dramatically -- and those rivals do offer dramatically more content and deep libraries, including disney plus it's launching at $7 a month in november netflix, its most popular offering comes in at $12.99 a month. credit suisse writing that the very attractive pricing for tv plus is a move that suggests apple

whatever you need to do a movie on netflix. netflix leans back and says hey we trust you go for it we've got your back the result will be great the less we interfere the better the result that's how it works with any art form when there are vested interests be they financial political or studio interests then it will affect the product. for and then takes off. these days the streaming services industry is worth billions. but many are worried that only one company can win the streaming was and the result would be a monopoly. in the future there might just be a few. but he's imposing rules at film festivals are actually dictating terms to states. what's at stake here is diversity of opinion and we need to keep a close eye on these developments fared. forth for many years now film festivals have been debating whether or not to screen movies made by streaming media services netflix originals for example don't get a cinema release for only unselected fans has done for a short period of time the greek born french director across the

. >>> and later, the man who cofounded netflix. we'll talk with the company's first ceo, marc randolph >>> and as we head to break, a quick take on our data tracker today. industrial production higher, climbing 0.6% in august, peating estimates of 0.2%. home builder estimates came in higher as well 'lbeig bwn 25. wel rhtac orlando isn't just the theme park capital of the world, it also has the highest growth in manufacturing jobs in the us. it's a competition for the talent. employees need more than just a paycheck. you definitely want to take advantage of all the benefits you can get. 2/3 of employees said that the workplace is an important source for personal savings and protection solutions. the workplace should be a source of financial security. keeping your people happy is what keeps your people. that's financial wellness. put your employees on a path to financial wellness with prudential. the world is customized to you. built for you. so why isn't it all about you, when it comes to your money? so. what's on your mind? we are

korean film talk netflix it for filmmaking might benefit from netflix but cinema star come for the streaming you know has entered the arena to battle it out with cinemas for the cultural of germany over a film also on the. hour we have banned cinemas there was magical places where the lights go out and we settle down in the darkness to be transported to another world . no we're not says christiane boyer the head of a.g. kino an association of art house cinema is. to mystic he points out that cinema audience numbers are actually growing fred a year and it's a different way of seeing a felt and of calls at large not just because of the big screen under stuff torre not because of stated the art technology that we don't all have in our living room seattle and but because you're engaging with the media and the other people you're watching with it the in north medina's been flame fell in yet an increasing number of film directors not opting to work with netflix they enjoy the freedom it gives them this streaming giants reportedly put $200000000.00 into martin scorsese's new gangsta me be the i wis

that kind of became futile for netflix to compete with that. this show is cleaner and has many different partners and i think that netflix has a greater idea of what the value was for them and they were able to step up and pay for it. and it is because you have all these streaming services coming on, remember, five years ago you did not have any of this. now it has become a very big emerging part of the tv business. if you are a betting man, where would you put your money on the next classic old show to go for a big sum? the big bang theory, which was very popular for 12 years on american television and around the world. it is about to go for big money. that will probably go to warner media because they own it. almost 90 tigers that were rescued from a controversial thai buddhist temple three years ago have died from a virus, which officials have blamed on inbreeding and stress. but conservationists have questioned whether authorities were holding the tigers in safe conditions. freya cole reports. this tiger, held captive in thailand, is showin

ethical bbc will overtake netflix, says lord hall. he says he will be making a provocative statement in cambridge on thursday. netflix is a massive disruptive force and people are not watching tv in the same linear way as they used to most of the time. they are watching anything they want when they want to watch it which is the way the world has gone now but i do think he is making... the word ethical would never be in any article i had ever written because people don‘t know what it means. article i had ever written because people don't know what it meansm can mean so many people don't know what it meansm can mean so many things to so many people. what would you pick?|j people. what would you pick?” thought he might want to call it the intelligent bbc. i don‘t know... i would talk to your company and what word should you use? people like me, what word should you use instead of ethical because that doesn‘t explain what we wanted to do. what is the logic of this argument? i don't think people are going to make viewing choices ra

thank you have a great weekend >>> coming up, netflix shares have been crushed. they have wiped out all of this year's gains can their latest show turn things around. we'll tell you what it is, how much it cost and the odds that netflix's makes that you turn. coming up. >> today's big number. 180. the number of days it took for a flipper to flip a home in 2018 nearly 208,000 houses were flipped last year. no matter what i wore, i worried someone might see my bladder leak underwear. so, i switched. to always discreet boutique. its shape-hugging threads smooth out the back. so it fits better than depend. and no one notices. always discreet. woman: what gives me confidence about investment decisions? rigorous fundamental research. with portfolio managers focused on the long term. who look beyond the spreadsheets to understand companies, from breakroom to boardroom. who know the only way to get a 360 view is to go around the world to get it. can i rely on deep research to help make quality investment decisions? with capital group, i can. talk to your advisor or consu

netflix amazon prime disney and apple are coming soon streaming services on. the internet has killed a video rental store is it about to kill the movie theater to. media expert as klein says that streaming services with have vast array of choices do indeed pose a threat to old school cinemas. korean food talk of ticket for filmmaking might benefit from netflix but cinemas don't come out the streaming you know has entered the arena to battle it out with cinemas for their cultural or germany your film also on. our we have banned cinemas those magical place in is where the lights go out and we settle down in the darkness to be transported to another world . no we're not says christiane boyer the head of a.g. keno an association of art house cinema is optimistic he points out that cinema audience numbers are actually growing for the year and it's a different way of seeing a film and of course not just because of the big screen understand not because of state of the art technology that we don't all have in our living rooms but because you're engaging with the media

that kind of became futile for netflix to compete with that. this show is cleaner and has many different partners and i think that netflix has a greater idea of what the value was for them and they were able to step up and pay for it. and it is because you have all these streaming services coming on, remember, five years ago you did not have any of this. now it has become a very big emerging part of the tv business. if you are a betting man, where would you put your money on the next classic old show to go for a big sum? the big bang theory which was very popular for 12 years on american television and around the world. it is about to go for big money. that will probably go to warner media because they own it. interesting to talk to you. almost 90 tigers that were rescued from a controversial thai buddhist temple three years ago — have died from a virus which officials have blamed on inbreeding and stress. but conservationists have questioned whether authorities were holding the tigers in safe conditions. freya cole reports. this tiger, held

netflix has acquired some more streaming rights, and it is getting more complicated... because of all the tussling going on within the streaming sector right now. netflix largely had it to itself exact the. disney is coming into the market with a big competitor. used to be able to watch lots of disney programmes are netflix but they have pulled them off. and now it is friends and the of a. friends is going, i don't know if the office is still there but seinfeld is coming in 2021, that is their move as they lose things like friends and the of a. i think they are continuing to respond to the more competitive marketplace, apple came in last week so they are continuing to keep in the news about the new things, bringing new customers. and the money for a show which is... and in 80 episodes but it is 20 years old, half $1 billion. it is reported but the way i understand it, it is the re ru ns the way i understand it, it is the reruns that bring most eyeballs to the likes of netflix rather than the newer shows like house of cardsth, despite the fact it had cult status. let's s

so i think they arejust as disney, netflix or hulu. so i think they are just trying to get people to sign up for it in addition to those services. do you think that means they are serious in being a streaming player in the way we are seeing with netflix and all the others? right. i think seeing with netflix and all the others? right. ithink for seeing with netflix and all the others? right. i think for them this isa others? right. i think for them this is a big play to hook people into their ecosystem and to keep them there. so if you think about it, you -if there. so if you think about it, you — if all of your entertainment or at least pa rt — if all of your entertainment or at least part of that entertainment is 110w least part of that entertainment is now through apple services, if you sign upforan now through apple services, if you sign up for an apple tv plus, if you have a apple muzic abstraction, all of these pieces of your life are being tied together with the iphone __ up being tied together with the iphone —— upa bein

>> when i was running tivo we pioneered the notion of netflix getting to the television set. we believe that streaming to the tv, getting the sboer tanment on demand not just by recording it and having when you wanted it but streaming and getting it on demand you compounds that for the price value proposition of getting endless amounts of television nit n netflix has. they seem to have something come out every day. you're paying $100 a month for the cable package and they are making it available for $12 a month. it's a great price value proposition. that's what the traditional television world is up against they've been able to navigate it pretty well from an advertising point of view. as advertising declines they have this argument we're still bigger in terms of a simultaneous audience than anybody else that scarcity has allowed them to price up their advertising. >> you mentioned tivo and there was an interesting piece of news that tivo will start running advertisements on its boxes meaning and we're starting to see this migration happen with streaming. when you stream some

. >> tucker: netflix just released film company. has america's top streaming service become a propaganda outlet it. seems that way. we will talk to one of the best film critics in america who makes that case. president trump about to speak in new mexico. you can see it here live on fox. stay tuned for that ♪ (aurelia) i did have hearing aids from another company, i was just frustrated. i almost gave up. with miracle-ear, it's all about service. they're personable, they're friendly. i'm very happy with them. (avo) we provide you with a free lifetime of aftercare. meaning free checkups, cleanings and adjustments. (wiley) i see someone new, someone happy. it's really made a difference. get special anniversary savings and your chance to win a seven day hawaiian cruise. call 1-800-miracle to schedule your free hearing evaluation. >> tucker: president is about to start a rally in new mexico. of course, we'll go there as soon as he begins. look for that live tonight on fox. meanwhile, for decades, at the american left off at the sharpest

. >> tucker: netflix just released a documentary. has america's top streaming service become a propaganda outlet?. seems that way. we will talk to one of the best filme critics in america who makes that case. plus, president trump about to speak in new mexico. you can see it here live on fox. stay tuned for that. . . . >> tucker: the president is about to start a rally in of course, we'll go there as soon as he begins. look for that live tonight on fox. meanwhile, for decades, at the american left offered the sharpest critiques of big business in thise country, now n the age of capital, they are deeply alive, in fact, intertwined with big business. google protects users from ideas the left doesn't like. credit card companies decide whether americans actually have the right to buy guns. and then most notably, there is the alliance between the obamas and netflix. netflix just released an obama-produced documentary called "american factory" that profiles the chinese takeover of the former general motors plant in ohio. we have armond whi

company the i phone maker is launching its own streaming service that will compete with the likes of netflix and disney plus apple t.v. plus deputies in november and will cost nearly 5 dollars a month it will be free for a year for anyone who buys a mac and i pad for ny phone. today we're excited to tell you that the 1st shows will be available on november 1st. and will be thank you and we'll be adding more apple originals every month and it plus will be available in over a 100 countries a lot of course there's also the new i phones they levon and the 11 pro which several cameras and to take pictures in low light a watch now has an only is on display no need to tap it to see the time but that's nothing groundbreaking competitors offer that feature but i phones won't get 5 g. until next year no surprise sales are down the i phone still accounts for half of the apple's revenues the tech giant has to evolve so it's moving beyond hardware and software so it once a streaming and gaming platform to help bring in more money. for more of those notes crossed over to wall street and yes yes investors

he was asked could you be outspent as netflix. he said, look, this is day one for us we'll see. but in four or five years, we'll see what's possible. apple has the balance sheet to really be a major player in this space. buying the content brings legacy problems in terms of distribution windows and entanglements. if you look at what netflix and amazon are doing, it's easier to just start fresh versus buy a media company and try to figure out a solution so i would be surprised if they did that i wouldn't be surprise d if we look up in a few years and they are spending $8 billion a year especially if it's drives device purchases and new sub skringscrs >> stick around. ahead on "power lunch. we have a problem. despite concerns, the company's road show could begin as soon as monday details, next. >>> plus the great rotation. could it be a warning sign for the broader market >>> as we continue to monitor apple's product event, we'll bring you updates as they happen we're back >>> planning to go full speed ahead even against the wishes of the largest shareholder. >> saga is the right

netflix is the market leader they're the one to beat. the only difference is that the hunter has become the hunted >> and in terms of why you're not concerned by an apple or a peacock or an hbo max, why is that >> netflix really understands what's going on in media right now. they foresaw that content would be pulled. that's why they upped the amount of originals they would be doing. they have forgotten more about product and technology than these new services have built. and to be honest with you, the at&t of the worlds or apple have not done direct-to-consumer services before. so i think they have a leg up. and i don't think there's a lot of talk about international. the amount of minutes that are lost must television is not satiated by the amount of content that's available today, so netflix still has a lot of growth in the u.s., but in europe, there's only 5% of viewing in the uk. there's a lot of upside there. >> although in the latest earnings rors, netflix's subscriber numbers shows it's showing a slower pace of growth. >> reed ha

unless they blow their roll out, you'll see some slippage away from netflix to disney and since netflix is so leveraged to c subscriber growth, i think it will weigh on the stocks to me any bumpin the stock right now is an opportunity to short. i would never short. it's a very volatile i think it's an opportunity here to get short rather than long. >> all right a lot of work. people will have more than streaming app but maybe netflix is kind of losing its exclusi exclusivity premium. head to our website for more trading nation back over to you >>> thank you very much. ahead, we are less than 24 hours away from apple's big product event. we will lay out everything everything you need to know. >>> the cdc has issued major health warning on e cigarettes after another vaping death what this means for companies like juul. >>> new details emerging around the long saudi ipo all this when power lunch returns. woman: my reputation was trashed online. i felt completely helpless. my entire career and business were in jeopardy. i called reputation defender. vo: take control of your online reputatio

what i think it will compete with netflix and amazon prime. we develop players with a very good experience at doing that and making the bet that it will fly over the economics of that industry is a tough bet to make. that's a bet i wouldn't make today. same thing for i cloud and all services for the app store that is being challenged. i would say the ios business is a business in which you don't have competition. the app store business, the apple services business aren't businesses in which there is competition. i suspect the transition is not going to be that good. >> first few weeks of next year, we'll get some answers. i guess we will get some before that when we see how this quarter turned out. thank you. >> thank you. >>> we're watching the market come well off the lows. session lows down. squawk alley is back in a moment. when did you see the sign? when i needed to create a better visitor experience. improve our workflow. attract new customers. that's when fastsigns recommended fleet graphics. yeah, and now business is rolling in. get st

everybody likes netflix. everybody loves netflix. they have a lot of original content. they spend billions of dollars every year. they are the ones that people need to dethrone. liz: why not a bigger bump with the "seinfeld" news? >> "friends" was always popular. they had it, lost it, so there will be fights for libraries. this is where disney has big strength. they have the disney library and the fox library. they have a lot of content. it will be very difficult if you have children at home not to buy their service. liz: then apple is dangling the free phone -- not the free phone but the free service for a year for apple plus tv if you buy a phone, if you buy a mac, if you buy any kind of hardware from apple. to me it looks like they own the pipes, they own the hardware, and now they are spending so much money on actual content and the pricing is so much better for apple streaming issue than it is for disney. >> but will the content be compel compelling? amazon spends billions, but it's not as good as netflix. i think apple did the same thing with the music service. at

friend s moving over to hbo max next year and the office is moving from netflix over to nbc universal streaming platforms starting in the year 2021. we don't have an official price tag for how much netflix is paying for seinfeld streaming rights it is paying globally much more than the $500 million than nbc universal spent for the domestic rights to the office and the $425 million that hbo max is reportedly spending for those domestic rights to friends it is a bigger price tag but they are paying for the global rights as well interesting to keep that in mind >>> thank you very much. coming up, purdue pharma filing for bankruptcy protection. what that means for the lawsuits its facing >>> the rally taking pause as oil's big jump in price weighs on stocks. what do the markets need to hear from the fed this week to send 'locks to new highs? wel cover that when we come right back our money should always be working harder. that's why your cash automatically goes into a money market fund when you open a new account. just another reminder of the value you'll find at fidelity. open an account

company the i phone maker is launching its own streaming service that will compete with the likes of netflix and disney plus apple t.v. plus in november and will cost nearly $5.00 a month it will be free for a year for anyone who buys a mac and i pad 4 and i phone. today we're excited to tell you that the 1st shows will be available on november 1st. and we'll be thank you and we'll be adding more apple originals every month and it apple t.v. plus will be available in over a 100 countries a lot of course there's also the new i phones they levon and the 11 pro with several cameras and to take pictures in the like a watch now has an only is on display no need to tap it to see the time but that's nothing groundbreaking competitors offer that feature but i phones one get 5 g. until next year no surprise sales are down overall the i phone still accounts for half of apple's revenues the tech giant has to evolve so it's moving beyond hardware and software so it once a streaming and gaming platform to help bring in more money. for more of this let's cross over to wall street and. yes investors have l

right here. >> how big a shot for netflix. >> it's significant. because this really you think about before, the only game if town, have you eiger and disney come out in early november everyone viewed apple as background noise, $4.99 puts them front and center. this is significant with a 1.4 billion ios installed. >> i also think it's priced at a low figure as opposed to giving it away for free is more significant. >> i was going to ask you that. >> they're saying this is going to be a real business for us >> that is also the aim here i think they really want it to be it's own thing and i think it's sort of a little akin to, slightly different what amazon does with amazon prime, you buy into the subscription, the video is free. i really want to charge you, we see value in the content that we're producing here, that we're originating. we're going to charge you for it >> as we know, apple has plenty of money they could offer this as a loss leader how important is this going to be they said they will give it away one year free with a new ipad, new iph

a lot of people are going to sign up for disney plus and netflix. and i really think it all boils down to the quality of the content. netflix has some engaging content, right yes, streaming is a trend that's going to continue to play out, but binge watching, in my opinion, is the most important trend. that's the addictive trend, and that's what netflix brings to the table, is that addictive content that people want to sit in front of their tvs and watch it over and over and over again. and they got the "breaking bad" movie, let's face it that's going to be a winner. >> why has the tide turned for netflix's stock? how much has to do with the competition? >> it's really on revenue growth expectations this is a company where it was trading at seven times revenue, but all of a sudden off 40% miss on the quarter, and people are looking at instead of 30% growth on the top line, you could be looking at high teens. this is a stock that's traded at four times revenue not that long ago. that would put the stock at 200. i think that's a reasonable bear case to

i had two netflix things come out back to back and it's netflix. i worked with your wife. >> jimmy: my wife had a little part in "dumplin'." that was a lot of fun for us. so, okay, so now you live here permanently. you're not in hollywood anymore, right? >> i'm just in west hollywood. >> jimmy: you've moved slightly away from the gunfire. this new show that you're on, this mini series is based on a true story. >> yes. >> jimmy: heavy stuff, right? >> it is, it is. it's intense. it's basically about, it's a true story, and it is about these two detectives who track down a serial rapist. >> jimmy: mm-hm. yeah. >> yes. >> jimmy: and maybe those were the guys running on the street, no? >> i mean, it happened in colorado. so i'm going to say no, but sure. >> jimmy: that's a long run. >> long run. >> jimmy: it is a long run. well, it's great to have you here, and here instead of there, and, you know, and congratulations on all your netflix-y success. >> thank you. >> jimmy: it comes out tomorrow, it premieres on netflix. it's called "unbelievable." and w

netflix as the own issues. that stock is down 25, 26%. charles: to your point we have netflix at the lows. markets at the lows. the october 10th date looms large, it gives president trump not a chance to implement the next round of tariffs if things go well. you're right on that. meantime, scott are there any names since they have been pulling back look attractive to you? >> i like amazon here, charles. amazon is struggling last few weeks. not as bad as netflix. hasn't been performing all that well. facebook too, with the litigation. when you get a pullback on facebook on headline risk, i believe that is an opportunity to enter. like i commented previously, charles, those are two companies, agree valuations in a word like the kids would say, whack on some of those names but you're paying a reasonable price for them in a sense the multiple is fair to me because of the fact they have such top line and bottom-line growth. when you have companies trading expensive look at some of the growth prospects they have, cash flow numbers that they hav

, perhaps >> netflix might be, but in terms of the issues, you mean, renting out space? >> in terms of wework have its ipo pulled and the fact that its valuation was in question, clearly that hurt some of the recent ipo stocks? but any of the big-cap tech stocks, as well? >> i don't know that it really affects them in terms of, they don't seem to have the same kind of issues with regard to management, but for netflix, right now, the issue is the fact that you have all of these companies coming into their turf and one of the things that netflix doesn't have that some of the others have, whether it's apple or amazon, they don't really have a platform where they, themselves can make revenue off of other people's services so, that's one of the things that you have in terms of nbc universal, our parent company, or apple or amazon or even roku, which hosts all of these services netflix, at this point, really just has to compete only on the content. >> bertha, thanks very much. let's get over to mike for the final installment of the dashboard. >> drilling into the consumer conf

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netflix lets you unsubscribe in two clicks netflix has been growing pretty well all through the time that it's made it so easy netflix is one of those providers. we're going to see a bifurcation. they are like cable without nuisance it's trying to be everything for everyone others are more niche that cater to a particular kind of fandom or particular kind of genre. then there will be the ones in the middle it's hard to see where the ones in the middle are going. >> based on what you just said, are news and sports going to continue to grow in value in terms of content because they're the only things you're not getting on some of these services. >> from an advertising perspective because that's the one time advertisers can be guaranteed you're going to reach people real time to the point of getting people the ability to sign up and drop a service, disney is right now ahead of the launch of their service trying to get people to commit ahead of time to a year because they are offering a year at a discount and they feel like people with families, such as myself, might be like, okay, i kno

host: finally, with google, facebook, twitter, netflix, etc. so big in producing so much video, do you see mergers somewhere down the line? craig: well, um, possibly. saye's always a desire to that the only way to survive is to cut costs and keep concentrating and, in the traditional model, that has also met you get a lot more leverage. but it depends where you are talking about in the value chain. the business of creating content is not a terribly scale-intensive business. it is in the sense that you need to be reasonably large to be able to survive a good year and a lean year. but you don't necessarily get to tv show all or a that much cheaper because you are already making eight or nine others. so, the economies of scale logic at that layer of the value chain are not compelling. at the layer of value of the chain of aggregating entertainment networks, so aggregating the aggregators, there it's all about negotiating leverage. that feels today all increasing increasingly like a strategy of simply trying to defend a sinking ship. it may work fo

moffet, with google, facebook, twitter, netflix et cetera so big and producing so much video do you see mergers somewhere down the line? >> guest: well, possibly. there's always a desire to see the only way to survive is to cut costs and to keep concentrating and in traditional models that has also meant you get more leverage but it depends on where you are talking about in the value chain. the business of creating content is not a terribly skill intensive business but skill intensive in in the sense that you need to be reasonably large to be able to survive [inaudible] of a good year and lean your but you don't necessarily get to make a movie all that much cheaper because you're already making eight or nine others. the economies to scale logic of that layer of the value chain are not terribly compelling. at the layer of the value chain of aggregating entertainment networks so aggregating the aggregators, if you were, it's all about negotiating leverage and that feels today increasingly like a strategy of simply trying to defend a sinking ship. i'm not sure -- it may work for little whi

netflix isn't chilling. >> it means watching netflix. >> no one chills anymore >> no. >> when we come back -- >> not chilling and vaping >> vape and chill. >> i'm going to get us out of here when we come back, wework's parent company walking away to proceed with plans for a public offering and later academy award winning producer brian grazer is our guest. he's out with a new book he's going to join us to talk about the business of movies and why you should look people in the eye. right now as we head to a break, let's get a look at today's aflac trivia question. what publicly traded company was originally called the rocket chemical company we think you would really shine in the aflac program. aflac! coach saban we have health insurance. did health insurance pay for everything? no, we still have bills. aflac gives you money directly to help with those. aflac! and your deductibles, knee brace, whatever you choose. aflac sounds like a winner. umhum... umhum... we try. get help with expenses health insurance doesn't cover. get to know us at... duck: aflac! dot com so servicenow put your

the head of netflix, reed hastings, mr netflix, was asked what was the show you wish was on netflix, and he said fleabag, so clearly she is doing something very special, and we hope that she will be sprinkling her star dust over the newjames bond franchise, she's already been in star wars we will be watching their every move. how strong is the british field? not bad, respectful. we have hugh grant, i think he should have won the bafta. he is probably not going to win the emmy, but the renaissance of hugh grant continues, ben wishaw also recognised for a very english scandal, kit harrington, emilia clarke, and i think we can take mr harris, jared harris from chernobyl, similarly emily watson. they do you spend a lot of time abroad, but when it is awards season, we cling them back. and i mentioned mr netflix, he has said he is going to be investing up to £500 million in british productions in the coming year. so obviously we're doing something right on the small screen. and now some stag—gering footage from northern spain, where a deer found itself trapped in waterlogged ruins in th

fee of $4.99 is the lowest in the sector so that is pretty aggressive and we did see stock sell for netflix or disney who. was its own streaming service just recently or announced the old plan so apple is that she is because then that certainly increases the pressure on netflix so walt disney and the likes and those stocks traded to the downside by more than 2 percent but we will also have to wait and see even with this graphs of price from ethel they also have certain costs for their own production so having this low price might mean some profit pressure for apple in the near future before they're really catch the big market share in the streaming industry and scored in new york thank you. the fight for motor show work companies are confronted with a slowdown in sales amid global trade uncertainty and pressure from governments to lower exhaust emissions fox wagon has already decided how to tackle the emissions problem it says that it's spending more on electro mobility than any other car maker. the world's largest comical folks fogging has its sights set entirely on electrical ability now

i don't look at it either/or with netflix, if i'm going to have netflix what else am i going to have? if something is 10 or 12, $15 a month, that sounds like a lot but maybe five bucks a month maybe i try this in addition to netflix do people think that way? >> i echo your thoughts. if you look at monthly statements, you have netflix, hbo, disney, they add up, to the average consumer that is a lot of money. they nailed it, apple arcade price point, 4.99, you and i agree thought it would be ten bucks. that is huge deal especially for the little ones, melissa. melissa: i know. i know. >> sweeten this up. connell: i'm talking more about the tv plus than that, i'm more interested in it, on the arcade side how big after business do you think that will be? >> they brought in capcom, they brought in big players. that is significant. i was saying there they have to bring in big names. you have can have, people watching what is apple arcade? it's a gaming. there are a lot of different games people go on for five bucks a month and play. i'm somebody popping on to that. but bringing in the big p

netflix has a huge advantage there. they're in 190 countries about half of the content that i see in the united states is foreign. and some -- we're discovering some fantastic shows as a result of that, so the content is getting broader. nbc with the peacock services announcing a big spanish language service because of telemundo. so yeah, at the beginning people like disney and at&t do not have a foreign advantage. netflix does. >> laura, going back to the idea of cord cutting and the loser in all this could potentially be linear tv, i guess how much of a loser could linear tv be, especially if you do see something like the rights to nfl in the coming years go strictly to the streamers >> yeah. so i think sports is the main thing that's holding people onto skinny bundles and big bundles but i do think what you're going to end up with is svod services that are free, or to you they seem free because you're bundling it in to something you're already buying anyway then you're going to have super special superserved niches l

they can go the wonderful bbc iplayer that they can go on netflix and watch series. but you watch the news that it is happening, don't you? a lot of people watch it and catch a or in use packaging —— like news packaging. tony hall and the boss of channel 4 news have talked about collaborating because more and more production houses are going to netflix because they pay more and there is more pure —— less bureaucracy. one thing i discovered, a lot of people are watching the news channel live streamed via iplayer, which is an offer, that is a technical word, that netflix don't have. they don't have the live offer that we can have. they are going to move to that point. i hope people are watching news but are not overly sure. i'm not overly sure, i mean, i've known tony hall a long time but the word ethical isn't going to appear in the sun anytime soon so pick a exciting word. that's it for the papers this hour. giles and lynn will be back at half past eleven for another look at the papers. next on bbc news, it's the travel show. coming up this week... i am findi

if you point from a short hbo are paying for that, in addition to netflix, maybe amazon, too. long-term, our consumers going to save money or not with all these new services, available? >> guest: they may spend somewhat less money but they let less content. i think realistically, look, it was never a terribly compelling argument from microeconomics perspective to think that the cost of procuring content would go down as the bundle broke. there's actually really interesting thought experiment where you could imagine what would happen if we were any world where the polar opposite,, where everything was all a card, and you had a handful of all card chamfer certain price. it would behoove some players in a system to say i'm going to make my content available for free for a lot of other people if they subscribe to this channel, i'll also give them that channel for a while in hopes they get hooked on it, they watch it and i can sell incremental advertising. i would have extra distribution for that additional channel and that would at least partially pay for itself to other competito

nbcuniversal's streaming service paid to take "the office" away from netflix. netflix also lost "friends" to the upcoming hbo max service. >>> if you want to book a room, how about the world space hotel. it will rotate in space. it's a cruise ship-style hotel that will look like space. the gateway foundation released plans for the von brawn station. the amenities will include restaurants, movie screening, low gravity basketball and rock climbing facilities. they hope to get it off the ground in 2025. >> it reminds me of the space station in "20"2001: a space odysse odyssey"." i think stanley kubrick maybe deserves a little bit of a cut. >> at least a credit. maybe even a cut. >> exactly. diane king hall at the new york stock exchange. thank you very much. >> you've got it. >>> all right. so still to come, a dangerous balloon ride. a hot air balloon tries to maneuver through a residential area after going off course. on tries to maneuver through a residential area after going off course. but we still had to have a cigarette. had to. but then, we were like. cours