bob iger is here. bob iger hired me. he is our boss here. 17 years ago, he watched a tape and said, "tony, we want you to be on in the middle of the night", so sober up, guillermo. then, his album is called "ventura." anderson .paak with smokey robinson from the mercedes-benz stage. next week we are back at it with charlize theron, tyler perry, regina king, forest whitaker, aaron paul, nat wolff. we'll have music from black pumas and jimmy eat world. and a visit from howard stern. howard loves to travel. he loves to do shows. he just wants to have fun, and that's what we're going to have when he gets here. there is nobody quite, like our first guest. he's a talented actor and a magical being. last week his show "it's always sunny in philadelphia," began its 14th season. watch it wednesday nights on f-x-x. please welcome danny devito. [cheers and applause] ♪ ♪ >> jimmy: yeah. it's very good to see you. >> great to see you, jimmy. >> jimmy: i have to say. that kid was so excited, he's 12 years old, to see you. >> the k

disney chair and ceo bob iger. julia? >>> kelly, thanks so much. we're so glad to be joined here by bob iger on such a busy day kelly mentioned your big announcements. you just came from stage here at vanity fair where you unveiled a clip of the mmandolorian. can you give us a sense of the early demand of disney-plus? >> we started allowing people to sign up for subscriptions back in the middle of the summer. and we also launched a somewhat quietly in the netherlands but without original content and i can say without being very specific that the reaction to the product people tried to netherlands has been robust. it's heartening to see how much interest there is in what we're bringing out which i think speaks volt yums about the brands and the content under those brands both the library content and the original there's a lot of excitement and a lot of anticipation. >> everything's ready to go for november 12th in. >> yes, everything's ready to go we could launch today. lot of people right now at disney who probably had heart palpitations >> so, you

it's not always the most important thing read bob iger could take a stand for decency. what do you mean by policies in the united states? >> what we are seeing is in forcing companies to do things outside of china's borders and this was most graphically illustrated about a month ago with the airline. it forced out the chief executive officer, the chief operating officer and the chairman of the board and about 200 employees because of the issue of hong kong. what he was talking about. we have now seen this with espn which is a disney unit which is now showing maps of communist party maps and set of maps -- they coincidence with reality. what we are seeing is china trying to use its power to intimidate companies, to do its bidding and this often times -- it goes against our free marketplace of ideas. >> tucker: yeah, it means our corporate chief is running companies incubated in america are willing to lecture us because we disagree with unisex bathrooms, but china can murder people but that's totally cool. this is not sustainable, is it? >> i don't think it is because we

bob iger could take a stand for decency. what do you mean by communist policies in the united states? >> gordon: what we are seeing is in forcing companies to do things outside of china's borders and this was most graphically illustrated about a month ago with the airline. it forced out the chief executive officer, the chief operating officer and the chairman of the board and about 200 employees because of the issue of hong kong. what he was talking t about. we have now seen this with espn which is a disney unit which is now showing maps of communistst party maps instead of maps -- a coincidence with reality. what we are seeing is china trying to use its power to intimidate companies, to do its bidding and this often times -- it goes against our free marketplace of ideas. >> tucker: yeah, it means our corporate chief is running companies incubated in america and there willing to lecture us because we disagree with unisex bathrooms, but china can murder people, but that's totally cool. this is not sustainable, is it? >> gordo

a few years ago he helped us prove that the leader of our parent company, disney, bob iger, also likes our show. look. >> can we have more money, please? we're still using black and white cameras. >> actually i noticed that you're in need of a new accordion. black and white accordion. >> bob iger watches the show and he loves us. >> he's a fan. >>> this morning on "world news now," a former police officer charged with murder. >> he's accused of killing a woman in her own home. she was playing a video game when she was shot to death, leading to outrage. that former officer posting bail overnight. >>> also this morning firefighters are still fighting a stubborn fire near l.a. we're learning where the flames first sparked and how that singed rabbit that emerged from the blaze is doing this morning. >> a massachusetts father says his daughter is the driver that struck four teens and took off. he's urging herself to turn herself in and do the right thing. >>> taking it back to the basics this morning with our next installment of "kids news now." find out what our favorite first, second, and

stock near all-time high we'll speak with disney ceo bob iger in just a few minutes as shares of rival netflix are down again today. >>> and big business, a blockbuster drug for biogen and mcdonald's big miss today. >>> plus, it gets worse for wework, a payout for the founder is raising eyebrows.

and they're doing it, and i have great admiration for bob iger because he made a determination that he had to have direct engagement with the consumer, and the only way to do that is through streaming. so it's not like he put his little toe in the water. he put both feet, both legs and the whole body in the water, and he's going for this completely. and disney has such appealing content that i think they'll do well. will they ever get to netflix's size? i can't imagine it. it seems incomprehensible to me that that will happen. maria: even though they've got marvel, lucas, pixar -- >> that's okay. so what in i'm not saying they're not going to get subscribers, but they're not going to get to the level of netflix worldwide. netflix has been in this -- look, it is, when you think of it, it's such a radical miracle that six years ago they invested in what was thought to be an obscene amount of money in a single program called "house of cards. " okay? six years ago. they put down $150 million for -- which no one at that time could even conceive of. but their guts and really the extraordinar

and they're doing it, and i have great admiration for bob iger because he made a determination that he had to have direct engagement with the consumer, and the only way to do that is through streaming. so it's not like he put his little toe in the water. he put both feet, both legs and the whole body in the water, and he's going for this completely. and disney has such appealing content that i think they'll do well. will they ever get to netflix's size? i can't imagine it. it seems incomprehensible to me that that will happen. maria: even though they've got marvel, lucas, pixar -- >> that's okay. so what in i'm not saying they're not going to get subscribers, but they're not going to get to the level of netflix worldwide. netflix has been in this -- look, it is, when you think of it, it's such a radical miracle that six years ago they invested in what was thought to be an obscene amount of money in a single program called "house of cards. " okay? six years ago. they put down $150 million for -- which no one at that time could even conceive of. but their guts and really the extraordinar

she is having quite a year, and topping the 100 list for the fourth year in a row is bob iger, the ceo of disney, honored for turning our parent company into a force even a jedi would envy. inside the magazine iger opening up about why he's betting big on the multibillion dollar streaming service disney plus set to launch november 12th saying, quote, we're locked and loaded. you can check out the rest of the list. "the hollywood reporter's" list is on their website right now. congratulations to bob iger. >>> one of the biggest country music events in the world, the stage coach festival has released its lineup. it does not disappoint. we have a lot of country music fans in the room. [ applause ] i know we all are. get ready. carrie underwood, thomas rhett, eric church will all headline. lil nas x and billy ray cyrus also taking the "hold town road" back to the festival to sing their giant hit. dan + shay on the docket causing speculation justin bieber might make a surprise appearance to perform that chart-topping hit you hear there, "10,000 hours." the stagecoach festival has been calle

that is one thing bob iger has done that is incredibly smart. if you look at the movie business that disney has, because of the companies they have acquired. because of pixar, because of marvel, because of star wars, they have more than half of the billion dollar films that have come out in the last five years. and now with fox, they have an even bigger library. i think they will be hard to beat among the new entrants. carol: is cable dead? there are still like 80 million subscribers, but what happens? >> i think it will take time, but i look at my children and they are not cable customers. this is largely a generational shift. i think that people who have grown up with digital assets and to understand how to use apple tv and roku and can put together their own -- you know, what would have been a cable assortment. they can do that themselves for less money. carol: some say you could ultimately see a bundling of streaming services. >> i think that's very possible. why not? carol: staying with entertainment, 2020 looks primed to be a great year fo

tomorrow night, danny devito and bob iger will be with us, and we'll have music from anderson pack featuring smokey robinson. so please join us for that. >> jimmy: our first guest has an oscar, an emmy, a golden globe and a goop. she has a new show too called "the politician" it's streaming on netflix now. please welcome gwyneth paltrow. [cheers and ♪ >> jimmy: very good to see you. >> great to see you, too. >> jimmy: you look fantastic. you always look healthy. you look like you were out having fun before you get to places it seems. were you out having fun today? >> um, yeah, sure. >> jimmy: if you weren't, it's fine. congratulations. you just had your one-year anniversary of wedded bliss. [cheers and applause] >> we made it, we made it! >> jimmy: you guys, and correct me if i have any of this wrong. but you guys got married a year ago. >> yes. >> jimmy: and you moved in together like ha mona month ago. >> yes. >> jimmy: now why is it, usually it goes the other way. >> well, true. i think really because we have, we each have two teenaged children whom we love very much, but we were just t

that is one thing bob iger has done that is incredibly smart. if you look at the movie business that disney has, because of the companies they have acquired. because of pixar, because of marvel, because of star wars, they have more than half of the billion dollar films that have come out in the last five years. and now with fox, they have an even bigger library. i think they will be hard to beat among the new entrants. carol: is cable dead? there are still like 80 million subscribers, but what happens? >> i think it will take time, but i look at my children and they are not cable customers. this is largely a generational shift. i think that people who have grown up with digital assets and who understand how to use apple tv and roku and can put together their own -- you know, what would have been a cable assortment. they can do that themselves for less money. carol: some say you could ultimately see a bundling of streaming services. >> i think that's very possible. why not? carol: staying with entertainment, 2020 looks primed to be a great year f

tomorrow night, danny devito and bob iger will be with us, and we'll have music from anderson pack featuring smokey robinson. so please join us for that. >> jimmy: our first guest has an oscar, an emmy, a golden globe and a goop. she has a new show too called "the politician" it's streaming on netflix now. please welcome gwyneth paltrow. [cheers and applause] ♪ >> jimmy: very good to see you. >> great to see you, too. >> jimmy: you look fantastic. you always look healthy. you look like you were out having fun before you get to places it seems. were you out having fun today? >> um, yeah, sure. >> jimmy: if you weren't, it's fine. congratulations. you just had your one-year anniversary of wedded bliss. [cheers and applause] >> we made it, we made it! >> jimmy: you guys, and correct me if i have any of this wrong. but you guys got married a year ago. >> yes. >> jimmy: and you moved in together like a month ago. >> yes. >> jimmy: now why is it, usually it goes the other way. >> well, true. i think really because we have, we each have two teenaged children whom we love very much, but we were ju

. >> laura: bob iger hit back and said superhero film actually do well. oh, you are kidding me, they do well? without the super superhero films. >> the g.i. nightmare is. >> laura: it is about current tunes. what about the masculinity of "gq"? this story is unbelievable. the november "gq" the cover new masculinity. the new masculinity features singer for rail in a sleeping bag down. i'm not sure where or why but anyway if that issue 18 powerful voices to opine on masculinity. only four are heterosexual men. "gq" editor and chief defined the new masculinity. >> forming new masculinity is i know who i am and i respect who you are. and it comes down to that. >> laura: that is profound. gentlemen's quarterly has become genderless quarterly. [laughter] they basically bulldoze masculinity and you should act more like a woman to feel like a man. it is ridiculous, laura. this is an insult to men and undercuts what it means to be a father to care and defend and the things that you love, that is masculinity, not this kind of feminism. the new moment in glamorous ma

they are doing it, i have great admiration for bob iger, he made a determination he had to have direct engagement with the consumer, only way is through streaming. it not like he put his little toe in the water, he put both feet, both legs, the wholed about, he is going for this. and today has such appealing content they think they will do well. will they ever get to netflix's size? i can't imagine it. it seems incomprehensible to me that would happen. >> robert, is he right? >> he seems right. hard to dispute barry diller, he has been a pro, forever, netflix is a first mover. we all know in business, people actually keep what they have before they get rid of to try something else. they keep giving the -- their content keeps getting better and better. there will become petters, people will have to decide where they g people just love netflix, an extra dollar here and there. >> scott said, he is an investor in netflix, scott, i am an investor in a competitor company, clicks tv, i mention that, there is so much competition in this industry, i wonder, deirdre, you know how that stock can

. >>> coming up next, disney ceo bob iger pulling no punches against netflix by banning its ads on most of disney's tv platforms. find out how that could impact the increasingly competitive streaming space later on the "closing bell. >>> let's send it over to mike santoli for his third dashboard of the day hey, mike! >> courtney, take the money and run. what a lot more americans are doing as they react to a very tight labor market here's an alternative measure of the strength of the labor market here, which is the percentage of prime age americans who are in the workforce. not in the workforce, but have jobs it's about 80. 1% right now, as of this morning's number so right there and what that does is take you exactly back to '07, which was the peak of the prior cycle, right before the last downturn and the last recession this was a major that really was very stubborn in coming back this is people ages 25 to 54 it was an idea that there was this kind of lost generation people permanently discouraged out of the workforce obviously, long enough the expansion goes, the more that gets fixed

michael bloomberg to michelle obama to bob iger and oprah. why is this happening? it's not just one story and one candidate. it's one trend. they are looking at the field and they are not saying i don't believe the field is bad. not saying they are not talented and smart. they are saying the things that they are saying on the stage and on the stump are so scary it's making them almost unelectable. fattening the supreme court to getting one of the electoral college to letting prisoners of vote to medicare for all. the day i get elected. >> dana: president trump, his biggest applause line early on was political correctness is killing this country. all of those cultural issues have continued. actively the sound bite from new business from the hillary clinton interview with david left. watch. >> i think it's going to be the same as 2016. don't vote for the other guy. you don't like me, don't vote for the other guy because the other guys going to do x, y, and z. i will show you in these flashing videos that appear and disappear and they are on the dark web and nobody ca

jimmy kimmel live comes on at 11:35 with disney ceo bob iger as one of the guests. >> that will do it for this edition of abc7 news. look for breaking news on the abc7 news app. >> i'm ama daetz. >> for all of us here, we appreciate your time. we'll see you again at 11:00. look at that. >> wow. ♪ this is "jeopardy!" today's contestants are... a public defender from spokane, washington... a quality engineer from cambridge, massachusetts... and our returning champion, a university administrator from binghamton, new york... whose 2-day cash winnings total... and now here is the host of "jeopardy!"-- alex trebek! [ cheers and applause ] thank you, johnny. thank you, ladies and gentlemen. welcome, everyone. because of the different categories that come up in each of our programs, you never know what's going to happen on our show. we may get a champion who wins 5 or 10 games in a row. in other situations, we get a new champion every day. kevin has won twice now. can he get a roll going? so much depends on the categories that will come up today. oh, and also on the play of his opponents. w

iger you will talk about the mandalorian, the centerpiece of the upcoming disney plus launch. you worked for movies, tv, netflix. how is it different to create a new show for this entirely new streaming service? >> it's exciting because it's "star wars" and "star wars" in a new medium there's been so many films, and with episode 9, the saga will be completed. it's been my whole childhood growing up with that because disney plus is this new platform, it gives us permission to tell "star wars" stories in a different way. i think as an audience member, i love these serialized stories, this novelization of story telling where you're not conf e dpconfined to an hour and a hal two hours. over the course of a season you can explore. >> you are using new technology in "the mandalorian. it's similar to the technology you used in "the lion king." tell us about your big bet, you have a new company called golum. what's your goal in terms of how technology should change story telling. >> that marriage is when both can shine. the area that i understand probably in a deeper way than most peo

as far as bob iger ceo of disney saying they priced it to be competitive. certainly is. so 699, call that seven bucks a month for disney plus. versus netflix cheapest which is 899. most of netflix functions on 12.99 package. apple launch and cheaper than netflix. netflix continues to spend billions, b like boy on their content. as we know disney has tons of content of they have paid for it, part of that acquisition through fox entertainment. while disney continues to spend on content they don't need to do so in the same way arguably netflix does. i wanted to highlight another story. more on private markets, the role that the private markets have been playing in tech and media companies we talk about, softbank. softbank has connection to wework. has a connection to uber. for those two names, probably more of a connection than softbank wants at this particular moment. softbank will probably lose quite a bit, if wework as we know, already pulled its ipo. a disaster. no other way to say it. laying off 2,000 employees. will run out of cash in november if no emergency financin

. >> jonathan, bore -- bob iger is genius to acquire he is building this amazing content library that is driven by characters, that will not only dominate at the box office, but also in their disney plus streaming. david: 10 seconds steve. >> david, i'll make a $1,000 bet, this is not the last "star wars" movie. david: i would not take that bet. i plan to go to see this. that is it for "bulls and bears," we'll see you next time. elizabeth: coming up, turkey and russia agreeing to a buffer zone in syria. will it hold? the push to protect syrian oil fields. that debate tonight, th debate n president getting criticizes for removing troops, as former president obama promised multiple times there would be no u.s. boots on ground in syria. >> to campaign 2020, pence and biden battling it out in a key swing state, that moody's analytics said it the state to catch for. can a 2020

. >> laura: bob iger hit back and said superhero films actually do well. oh, you are kidding me, they do well? without the superhero films. >> the g.i. nightmare is. >> laura: it is about currentnt tunes. what about the masculinity of "gq"? this story is unbelievable. the november "gq" the cover new masculinity. the new masculinity features singer pharrell in a sleeping bag gown. i'm not sure where or why but anyway if the issue 18 powerful voices to pine on masculinity. only four are heterosexual men. "gq" editor and chief defined the new masculinity. >> for me, new masculinity is i know who i am and i respect who you are. and it comes down to that. >> laura: that is profound. gentlemen's quarterly has become genderless quarterly. t [laughter] they basically bulldoze masculinity and you should act more like a woman to feel like a man. it is ridiculous, laura. this is an insult to men and undercuts what it means to be a father to care and defend and the things that you love. that is masculinity, not this kind of feminism.e, the new moment in glamorous make

>> yeah, you've seen bob iger go off the apple board. so you're seeing a lot of competition on on that side that's coming. my colleague does have a buy on netflix. it's going to be interesting i think, you know, they spend $600 million on "seinfeld" to assure themselves they're going to be one of the top two or three playser. i think you can stay in the top two or three, you're probably okay but there's going to be increasing competition having said that, apple's not trying to be the next netflix. they're about the apple tv app, if you will. i think over time, you know, they'll find different strategies with the same space >> steve, what's going on in hardware and particularly to the peak ecosystem can't help but notice this week hp has the layoffs going on the same week that microsoft which we used to think of as a pure software player is announcing major hardware, not just for windows but also for android coming up. what's going on on the changes even on the device side of the hardware ecosystem >> well, hardware has been a tough spot

the bob iger-led content giant earlier this year saying disney will not accept any advertisements from competing digital services ahead of its november 12th disney plus debut. the mouse house having a change of heart in recent months, compromising with nearly all of its opponents except for netflix. the "stranger things" purveyor not entering the upside down world. disney shares up 1%. netflix moving higher by 1.66%. the broader market is sweeping up these names right now. >>> meanwhile, i need to get back to apple. starting the day on a bullish note. that's why in part you see the stock jumping 2.6%, at $226.65. nikkei report says the company has asked suppliers to boost production for the iphone 11 models by up to eight million units and that would be about a 10% gain here. the most orders for the cheapest 11 model and the next one up, the 11 pro. so they are ramping this up. no surprise. the stock hit an all-time high, exactly a year ago today, and at the moment, we are looking at apple jumping $5.63. now, apple suppliers loving life on the news. we call this the ecosystem or halo e

iger because he made a determination that he had to have direct engagement with the consumer. the only way to do what that is through streaming. it's not like he put his little toe in the water. he put both feet, both legs, his whole body in the water and he's going for this completely. disney has such appealing content that i think they'll do well. will they ever get to netflix's size? i can't imagine it. it seems incomprehensible to me that that will happen. lauren: disney's got the right price point for all of this. you can watch the whole interview with barry diller on "mornings with maria" at 6:30 eastern time today. cheryl: after over a month of protests, genera general motorse united auto workers may have a deal. lauren: let's go to grady trimble live outside general motors' headquarters with the latest. good morning, grady. where do we stand this morning. >> reporter: good morning, cheryl. in few hours, barring any unexpected developments, local leaders are expected to meet at general motors headquarters and he vote in favor of a tentative agreement. the details of tha

a big interview tomorrow disney ceo bob iger will join julia boorstin from the vanity fair summit tomorrow just past 1:00 p.m. eastern time. tim? >> the banks have outperformed the violent rotation we saw in august/september is happening again quietly. >> steve >> this is a tough one, snap i'll say buy but their report tomorrow, a slew of analysts getting positive on the name upside to 18 but this one could get hairy. i think you're okay to buy it. >> dan >> unlike guy, i think you do not buy facebook into the earnings, it is an epic looking head and shoulders top rated >> i love feisty, dan. >> dan is always feisty. >> it's schlumberger, nice litt. >> see you back here tomorrow. "mad money" starts right now. >> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to cramer america, i'm trying to make you some money. my job is not just to entertain, but educate, put it in context, call me, 1-800-743-cnbc, or tweet me at jim

you aeheard it from bob iger th week he told us it's important to be culturally correct in the countries you're doing business. is he wrong? >> yeah. no you have to be culturally correct. i mean, this is -- this is abc's, you know, business 101. and this is why these multinationals don't want to be put in between these two giants. they have to survive this such that when a deal is done, however it's done, that they can survive and thrive and do business going forward that's why, you know, dealing with politics, dealing with social issues is a very slippery slope. now, there was good news yesterday on the ip front where china has passed this law. said it's going to go into effect in january. to protect ip from foreign companies just like they do for domestic we'll see if that works or not but that's a big step forward. >> fred, do you think if a u.s. company says, okay, the way i'm going to square this -- because, again, this remains an open question ten years ago, china looked like it was liberalizing a lot more than it does today so i understand people have to make long-term decisions a

i think that bob iger has great long-term situation brewing, and i do believe that they're going to be able to pull off their direct to consumer strategy so no, i don't want to sell that one. let's go to blake in texas blake. >> caller: buenos diaz i know there's a growing competition in the streaming industry space since it has a 40% off its all time high of a year, i wanted your thoughts on spotify >> man, this thing has just been a complete -- this is a direct listing. it's like slack. it turns out it doesn't have any institutional support. that's why we say no to ipo. airbnb no support, it's just nothing but sellers, and it hasn't done that badly i'm confused and what you do when you're confused, you come on "mad money. let's go to ralph in florida ralph. >> caller: hey, jim, big booyah from port st. lucie. my stock had a great quarter, it dropped 80 points. can you tell me why, and is it a buy? >> was hit by a short seller who was saying pretty negative things about the drug action don't want to reiterate them, it may not be right and also because it is part of a marijuana cannabi

and later this week -- gwyneth paltrow, bob iger, chef evan funke, plus music from lunay, and anderson paak featuring smokey robinson. please join us for that. [ cheers and applause ] our first guest has primped, permed and plucked his way through four very popular seasons of "queer eye." this memoir is called "over the top: a raw journey to self-love." please welcome, jonathan van ness. ♪ [ cheers and applause ] it's great to see you. >> you too. >> jimmy: do you know pick your own outfits or do you have a team that does that for you? >> my friend allison brooks and i, she's an incredible stylist. we have a collaboration. i put her through her paces. we comeetr aelways sort t something out. >> jimmy: do you say surprise me i want to wear something that no one has ever seen before? because i feel like this is something no one has ever worn before. >> i'm not a total surprise person. >> jimmy: okay. >> when it comes to what we're going to wear. >> jimmy: i see. >> but i am a big surprise person on other things. >> jimmy: why is your beard so clean and shiny, by the way? i wish i could

deirdre: i was going to say, it seems bob iger understood content is king awhile ago. stuart: by the way, netflix, they have come out with a trailer for their -- for the third season of "the crown." let's see a little of that. >> we're ready for you, your majesty. three, two, one. this is jubilee day. this is dathe queen's coronatio 25 years ago. ♪ >> on days like today, ask yourself in the time i've been on the throne what have i actually achieved. stuart: the male voice sounded like nigel farage, didn't it? i don't know whether it is or it isn't. sure sounded like him. this is another entrant into the streaming wars from netflix. deirdre: this is season three of "the crown" coming november 17th. new cast, new political climate in great britain. this will attract viewers. netflix were losing a lot of their big shows, "the office" for instance so they are doubling down on what's working for them. "the crown" iscamino" and the l. stuart: i have a third. here we go. apple, they had a premiere of their own last night for the show "see" that stars jason momoa. apple says

iger telling us that this will jump start subscriptions, help with marketing, and also be profitable, because verizon will be paying a wholesale fee to disney with disney plus launching november 12th, iger says early interest is strong >> i can say without being very specific, the reaction to the product the people have tried in the netherlands and the reaction in terms of the signups has been robust it's heartening to see just how much interest there is >> iger also weighed in on the conversation that's been going on about regulating tech giants. he says, when it comes to the lack of regulation on the content that the tech companies distribute, he says it's a bit of a double standard compared to the media companies and he does think there should be a level playing field. guys, back over to you >> julia, thank you very much. is this a big boost for disney or for verizon or for both >> i think the takeaway is the importance of content. disney has that wonderful content. they've taken it away from netflix, so netflix will have to find it somewhere else we love cbs and viacom because th

doesn't mean that, for instance, disney, which i think bob iger, you know, such guts and determination and pushing everything on the table, i think disney has a good play because -- and i think, by the way, the question is how many subscribers does it take times x dollars to equal the massive costs that are now taking place? because those costs are literally insane three television programs, three episodes of 20 each television programs will cost a billion dollars today. >> right >> hard -- so it's hard to compete. >> so -- >> of course they're trying. they want to get it back. >> david favor is going to talk to john stankey later today. >> ah. >> sorry >> you said you're sorry. >> no, i don't mean that >> no. >> if you were randall stevenson, do you think we're going to look five years from now at the at&t/time warner merger and say this was a good idea this was a terrible tragedy? >> it is not my business to do that i think that -- i think everybody other than disney has a very, very tough hand. the only one that i think of them all that's got a good play, it's not simply because i'm

iger won't say anything about protests because it could be bad for business disney had a huge growing consumer base in china obviously, you know, so there you go. rolling over again, what is your best advice for this administration, that is trying to do a deal with china, in the face of china basically calling the shots saying yeah, we will buy more agriculture but we're not making a move on intellectual property, we are not making a move on the way we govern our people you know, the censureing of everybody the tracking of assists what do you think. >> yeah i think that you know any being californiaer ja-- cracker jack president in -- soybeans are fungible doesn't take genius to get that done part of the skinny deal one of thee things key part of the deal letting huawei sell more things in u.s. that are not deemed to be critical huawei is global cancer to western democracy, and i think we can't allow huawei or to generate back doors for data in the united states, so i don't think that we should be engaging with china, until they agree to stop stealing from us, to stop the cyberwar to

>> that does not mean that what disney is doing -- bob iger made a determination that he had to have direct engagement to the consumer and the only way through to do that is streaming. it's not like his put toes in the water, both feet, both legs, body in the water and going for completely such appealing content that i think, though, do well, will they ever get netflix's size, i can't imagine. maria: even they they have marvel, fox? >> so what. i'm not saying they are not going to get subscribers but they're not going to get to the level of netflix worldwide, it's such a radical miracle that 6 years ago they invested what was thought to be obscene amount of money in house of cards, okay, 6 years ago, they put down $150 million which no one at the time could even conceive but their guts and really the extraordinary thing, not very well capitalized that start from streaming business and then makes such big bets that they change the entire entertainment business and change 100 year's old companies and then they've said right away we are going worldwide so they planted the little flags i

bob iger stepping off the board of apple earlier on because apple -- stuart: they got to. they got to. ashley: would rather give up advertising money from netflix because they don't want to advertise the competition. stuart: here comes the competition. here comes the streaming wars, literally around the corner. >> november first, when apple tv plus start and disney starts on november 12th. it is real and it is here. stuart: ladies and gentlemen, on this friday morning i will talk kitchen cabinets. why am i doing that? because america has just imposed significant tariffs on kitchen cabinetry that is made in china and that comes over here. kind of big tariffs too. our next guest thinks this is just fine and dandy. he has a big smile on his face. mark trexler is with us, ceo of master woodcraft and cabinetry. why would any american think it's a great idea to impose an tariffs on stuff we'll use in our kitchens? >> we have currently 250,000 people that work in the kitchen cabinet industry in the u.s. and cabinets are not dumped in at a fair price. we're all free traders. stuar

iger hasne thing bob done that is incredibly smart. if you look at the movie business that disney has, because of the companies they have acquired. because of pixar, because of marble because of -- marvel, wars, they have more than half of the billion dollar that have come out in the last five years. and now with fox, they have an even bigger library. i think they will be hard to beat among the new entrants. carol: is cable dead? there are still like 80 million subscribers, but what happens? >> i think it will take time, but i look at my children and they are not cable customers. this is largely a generational shift. who havehat people grown up with digital assets and to understand how to use apple tv and roku and can put together their own -- you know, what would have been a cable assortment. they can do that themselves for less money. say you could ultimately see a bundling of streaming services. >> i think that's very possible. why not? carol: staying with entertainment, 2020 looks primed to be a great year for consumer gadgets. kai

brian: trying to get bob iger of disney to weigh in and do something. this woman named hillary clinton she is talking about jumping back in again. steve: would that surprise you? brian: yes. steve: well, according to the "the washington post," she is not completely out of the picture. while she has said. ainsley: she says she wants to win again. steve: her people say she has run against this guy before. she knows how to handle him. brian: it's not how bad the candidates are whether you think they are charismatic or comfortable in their own skin. their policies are so out there getting traditional democrats like rahm emanuel freaked out. we want to give this green new deal to destroy the energy industry. you actually want to give free healthcare to illegal immigrants? what planet are you on that wants to take down obamacare? are you a democrat or not? that's what everybody is saying on these stages. steve: the person who backs rahm emanuel's statement it was vice president at the time. joe biden. joe biden is regarded by the party elders as the most elec