he is the lead character in the new disney/pixar movie "soul." it's coming to disney plus december 25th. welcome jamie foxx. [ cheers and applause ] even on zoom you know how to make an entrance. that's a beautiful folding chair you have. is that a designer? >> it's embarrassing. i thought i was coming into the studio. now you get a chance to see -- you know, my kids call this "black mansion." the ghetto mansion. as you see, i got outdoor furniture indoors. a card table. >> jimmy: that is a couch for a lot of people. >> a crib like this. >> jimmy: how many people can sit on that couch? that's the biggest couch i have ever seen. >> hey, listen, man, look. we have parties in here, unless my boy speedy brings over some of his people, we can fit a lot, a lot of -- i mean, come on, bro. i didn't know. >> jimmy: on a friday night, the lakers in the nba finals, potentially the final game of the series. what will you be doing if we didn't have this virus going around? >> listen to me. first of all, i would have this lebron james shirt on. that's it. thin

the only big movies scheduled to premier in theaters this year, disney pixar's "soul" and "wonder woman 1984" scheduled for christmas day. >> barbara, what did you do? >> in fact, some of hollywood's hottest films have started to joke about the uncertainty. >> "free guy" coming this christmas. >> fantastic. >> "free guy" coming this new year's. >> "free guy coming this valentine's day. >> coming this labor day. >> this april, probably. >> smart. >> smart. >> coming on a july 4th. >> coming before or after the next olympics. >> while big names might be taking it lightly, the fate of movie theaters in 2020 is all but sealed. this while new york is still not allowing movie theaters open at all. just this morning those theater closures made official, all of this after a-list hollywood filmmakers urged congress just last week to bail out these struggling theaters, warning that cinema may not survive the impact of the pandemic, you guys. >> a lot of changes coming and those theaters close on thursday. i mean, there was a push to streaming. >> yeah. >> this just accelerated everything. >> it's

. >>> disney's next pixar movie will skip the theaters. >> instead, "soul" will premiere on disney plus on christmas day. >> what's your name, honey? >> i'm joe. i teach middle school band. >> it's the first pixar film featuring a black lead. jamie foxx is the voice of aspiring jazz musician joe gardener who rethinks his life after falling into a manhole. so here it goes: melty, melty, tasty, grilly, juicy, sizzle. mmm, that should feel better. the sourdough patty melt is back. make it a combo meal for just $5.99... melty, melty. ...this one's for you. you inspired us to make your humira experience even better... with humira citrate-free. it has the same effectiveness you know and trust, but we removed the citrate buffers, there's less liquid, and a thinner needle... with less pain immediately following injection. ask your doctor about humira citrate-free. and you can use your co-pay card to pay as little as $5 a month. humira can lower your ability to fight infections. serious and sometimes fatal infections,... including lymphoma, have happened,... ...as have blood, liver, and nervous

>>> disney's next pixar movie will skip the theaters. >> instead, "soul" will premiere on disney plus on christmas day. >> what's your name, honey? >> i'm joe. i teach middle school band. >> it's the first pixar film featuring a black lead. jamie foxx is the voice of aspiring jazz musician joe gardener who rethinks his life after falling into a manhole. ♪ try my $4 mini munchies with marinara or ranch. back at jack in the box. try my $4 mini munchies with marinara or ranch. they do one of the most deven in normal times.s, our frontline health care workers. and when these heroes lack the resources they need, that risky job gets ten times harder. prop fifteen makes corporations pay their fair share. to invest in our communities, in our clinics, in the essential workers who treat everyone- rich, poor, and in-between. whether it's this pandemic or the next health crisis, vote yes on prop fifteen. for all of us. ♪ ♪ ♪ ♪ ♪ try my $4 mini munchies with marinara or ranch. back at jack in the box. >> announcer: now abc7 sports with chris alvarez. >> there's another win or go home t

. >>> disney's next pixar movie will skip the theaters entirely. instead, "soul" will premiere on disney plus on christmas day. >> what's your name, honey? >> i'm joe. i teach middle school band. >> the release was pushed back a few times because of the pandemic. this is the first pixar film featuring a black lead. jamie foxx is the voice of aspiring jazz musician joe gardener who rethinks his life after falling into a manhole. disney is the parent company of abc7. i should mention because some people are wondering is this going to be like mulan where you need to pay a premium at first and it's free later? no, it will be free with your disney plus subscription. >> i've been watching things that i should have watched a long time ago like "up." i sat on that couch and i tried. i enjoyed every moment of my cry. >> it's so good. >> so good. to all of our pixar friends who made "up" thank you. >> the other day i was "ratatouille." >> that should be next on your list if not close, kumasi. you will enjoy it. watching what is going on weather-wise. we have

, disney, marvel, lucas. we have got some really great content. our guests love it. there is so much story to be told, somebody avenues to do it in. how do we take those content creation centers inside the company, those franchises, and catalyze them across all our distribution channels but especially distribution channels. caroline: me, myself, my son, complete addicts of disney plus. difficult is it to produce content at the moment? bob: we are focused on the northstar, which is pleasing our guests and maximizing our wealth. there are certainly a lot of distractions, in terms of some of the financial challenges with our parks, whether with limited , or even withosed our cruise ships. as we are looking out toward our future, we are not letting anything happening in the short or medium term get us off track. we are going faster, bigger, stronger along the same route set up six months ago, a year ago, a year and a half ago. caroline: you were previously chairman of disney parks, experiences, products, that mus

. >>> disney's next pixar movie will skip the theaters. instead, "soul" will premiere on disney plus on christmas day. >> what's your name, honey? >> i'm joe. i teach middle school band. >> the release was pushed back a few times because of the pandemic. this is the first pixar film featuring a black lead. jamie foxx is the voice of aspiring jazz musician joe gardener who rethinks his life after falling into a manhole. disney is the parent company of abc7. c with a full 90 minutes of news including the rise of the three-parent family. this new trend where couples are bringing in a third adult. >>> and sounding the alarm on yelp. the new information you'll be able to find about businesses. >>> new ideas are coming out of san francisco's city hall about how to stimulate this economy. i'm amy hollyfield, a full report coming up. >>> i do have a right to be able to breathe o2 and not co2, i'm being discriminated against right now. >> here we go. a pet store employee stands his ground when a woman tries to come in without a mask. the 911 operat

disney's new pixar movie "soul" will appear on christmas about a middle schoolteacher with dreams about becoming a jazz musician. the releels hase had been pushe become a few times but will be available for disney plus to subscribers at in further charge in december as you know disney is the parent company of abc 7. the next big movie on the calendar at theaters is "wonder woman 1984" currently set for christmas day, december 25th. >> this christmas day? >> this christmas day. we'll have to see if that actually happens. i love they are releasing "soul." i wish more movie companies would release them outside the theater process. i know it costs them money but we're starved for entertainment these days. what do you think? >> yeah, we are. i feel the same way. i know that the industry needs to make money especially at the theaters but boy, we're so starved for entertainment, for anything to lift our spirits. i'm looking forward to it. >> not enough new movies, ama. >> i know. it's hard. but at least we can maybe get into like the holiday theme movies and for a lot of movie fans, halloween

, disney, marvel, lucas. we have got some really great content. our guests love it. there is so much story to be told, so many avenues to do it in. how do we go ahead and take those content creation centers we have inside the company, those franchises, and catalyze them to make the content we need across all of our distribution channels, but especially the direct to consumer channels. caroline: that must've hurt a lot to announce 28,000 job cuts last month, a quarter of the themepark workforce. isk to us how difficult it to make such decisions at the moment and how optimistic you are about possibly returning to growth? bob: our cast members are the center of the magic at our parks. every single cast-guest interaction is an opportunity for us to make magic. for us to make a decision like we did is particularly painful. we are looking forward to a more optimistic future where we can welcome our guests beyond a particular limit every day in the park, to keep that six-foot social distancing, to open up our cruise

, disney, marvel, lucas. we have got some really great content. our guests love it. there is so much story to be told, somebody avenues to do it in. how do we take those content creation centers inside the company, those franchises, and catalyze them across all our distribution channels but especially direct to consumer channels. aroline: you were previously chairman of disney parks, experiences, products, that must've hurt a lot to have to announce 28,000 job cuts last month, a quarter of the themepark workforce. talk to was how difficult it is to make such decisions at the moment and how optimistic you are about possibly returning to growth? bob: our cast members are the center of the magic at our parks. every single cast-guest interaction is an opportunity for us to make magic. for us to make a decision like we did is certainly painful. we are looking forward to a more optimistic future where we can welcome our guests beyond a particular limit every day in the park, to keep that six-foot social distancing,

it's got marvel, it's got pixar, it's got the disney animated movies. that' just makes it a bigger priority because those are the ones that are tied to movies that open big in theaters when movie theaters are open yet again. inreas, hulu has specialized what disney cause more general entertainment, and what i would refer to as more adult or mature entertainment. it is the place further shows from fx, the cable network disney bought from fox. it may be the place for some shows on abc. while those have been valuable to a service like netflix and hbo, it has never been as central to the mission at disney and i think disney is still figuring out how to make those brands tied together. emily: well, it will be interesting to watch this reorg at disney play out and see how it impacts, ripple effects of. i believe it there. i for one will be looking forward to some streaming video time this weekend with some popcorn on the couch, and i hope you have some as well. that does it for this friday edition of bloomberg technology. i'm emily chang in san francisco. hav

. >>> disney's next pixar film will be the latest to skip the movie theaters >> that's right, sara. soul, a digitally animated movie is going moved from a theatrical release in november. it will be no extra fee for subscribe subscribers. the next big release is warner brothers wonder woman which is currently set to be in theaters christmas day. regal is shuttering its u.s. theaters indefinitely waiting for more wide releases cinemark and amc are currently operating the majority of their theaters. >> we talked to adam iran yesterday of amc he is opening as many as he can. >>> as we head into the close look at the broad markets. we are in rally mode again, capping off a very strong week for the, ma. as far as the dow, disney was just mentioned one of the dow leaders today. microsoft though is the leader of the pack. up 2.4%. sales force doing well apple. technology is back in favor today. really it hasn't been the top group of the week but today it is leading us higher technology up 1.5% thanks to a rally in chip stocks we will talk about that later. more deal speculation into consume

between pixar, disney, marvel, lucas, we've got some really great content. and our guests love it, and there's so much story to be told , so many avenues to do it in. that is really where we are focusing, how do we go ahead and really take those content creation centers that we have inside the company, those franchises, and catalog them to make the content across our distribution channels, but especially our direct to consumer channels. we havereaking news, confirmation from johnson & johnson that all dosing in their covid-19 vaccine candidate has been paused because of an unexplained illness in a study participant. china open is next. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce

, disney, marvel, lucas. our guests love our content and there is so many stories to be told and so many avenues to do that. contente take those creation centers that we have inside the company and catalyze them to make the content we need across all of our distribution channels? you were previously chairman at disney parks. that must have hurt to announce the job losses last month. talk to us about how difficult it is to make decisions like that. and how soon you hope to return to growth. the our cast members are center of the magic at our parks. cast-guest interaction is an opportunity for as to make magic. for us to make the decision that we did is particularly painful. we are looking forward to a more optimistic future. one in which we welcome our guest beyond a particular limit to our parks. and open up our cruise ships and reopen disneyland some day and move forward with our business so we can employ as many cast members as possible and bring the magic back to our guest. that is what we -- back to our g

, disney, marvel, lucas, we've got tom really great content and our guests love it. there's so much story to be told. so many avenues to do it in. that's where we're focusing is how do we go ahead and take those content creation centers that we have inside the company, those franchises if you will, and catalize them to make the content we need across all our distribution channels but especially our direct to consumer channels. >> it must have hurt to announce the 28,000 job park, a quarter of the u.s. theme park work force. talk about how difficult it is to make such decisions at the moment and how optimistic you are about returning to growth. >> well, you know, our task members are the center of the magic at our pashes. every single cast-guest interaction is an opportunity for us to make magic. for us to have to make a decision like we did is particularly painful. but we're looking forward to a more optimistic future. one where we can welcome our guests beyond, you know, particular limit every day in the park to keep that six-foot social distancing and open up our c

walt disney planned to release the movie "soul" to disney plus. planning to do that on christmas day. they planned to release it in theaters on november 20th. we talked about what this could mean for the future of films and whether a film like this is going to buy them new subscribers or at least prevent churn going forward. a lot of people may want to see this film and watch it with their families on christmas. we'll see. >> and more fallout this morning in the nfl after some positive covid tests, the league postpone the broncos game from sunday to monday after two more new england players tested positive this week. the patriots game last weekend had been delayed by a day after quarterback cam newton tested positive the tennessee titans game against the buffalo bills will be moved from sunday to tuesday. the titans have had 23 positive covid tests since late september. new reports this morning from espn say that the latest rounds of tests for both the patriots and titans all came back negative, thankfully becky. >> joe, thanks when we come back,

delaying yet again another big-budget film, the release of the pixar movie "soul" has been pushed back a month to christmas day and won't premiere in theaters it will debut on premiere plus and no charge to subscribers the movie theater stocks, as you might imagine, don't like this news, slipping lower amc and cinemark and disney in the green today. what's also interesting is they won't charge that $30 they did for "mulan" which reinforces the notion that that was kind of a flop. >> i think "mulan" was also very unique in that it was so big budget and that disney had spent months and month, remember, it was delayed several times, months and months during the theatrical marketing campaigns which meant they were perhaps even spending $100 million on marketing "mulan" so there's a different sense of how much they needed to get back from "mulan." this is different because it's targeting kids and a perfect example of what disney plus does market it as a christmas gave the, maybe people who already describe as feeling worth wyle and they will use this to get more people to sign up for disney

disney is cutting 28,000 workers. the red ink is piling up. they reported a near $5 billion loss in the june quarter. its first loss in almost 20 years. but like i said, investors applauding this reorganization. credit suisse says it will translate into ongoing subscriber growth. it's estimated that disney will spend $27 billion on content this year. that does include sports and news, but it is bigger than netflix's spend and it gives netflix the market leader a real run for its money right now. liz: baby yoda. i want to see more of baby yoda. lauren, thank you very much. >>> closing bell ringing in 28 minutes. look at the dow. now we are down just 85 points. nasdaq holding on to the green, up 43 points. >>> trouble at electric vehicle maker nikola, looking to flatten its recent losses following allegations of fraud and the resignation of the founder trevor milton. shares are up about 18% so far this month. but up next, we talk to the ceo of an electric vehicle battery startup that's reportedly going to supply the core battery tech for both pr

. >>> and more bad news for the box office, pixar's new movie soul will be by passing theaters all together, set for september november 20th release for disney plus members for $29.99 on christmas day. >>> residents all along the gulf coast of mexico are bracing for the impact of yet another powerful hurricane delta set to make landfall later today and bring with it destructive storm surges, winds, flooding brain and jay gray is joining us from la fayette, louisiana. this area still recovering after being ravaged by hurricane laura just weeks ago >> reporter: yeah, six weeks ago we were here and just a bit to the west in lake charles and now in la fayette and here we go again, four major named hurricanes making landfall in louisiana during this season, that ties the record we're along the banks of the vermillion right here, the river that runs through the center of la fayette this time tomorrow, the area will be under water, no question what we're see position right now is a bit of a spitting rain and really just a light breeze that will all pick up dramatically though over the next several

lauren: disney+, gift because it's releasing soul straight to their streaming service for free on december 25. christmas day, seismic shift in the industry coming of a studio making the bed that family entertainment is best viewed together sitting on the couch rather than going to the theater and watching on the big screen, it is another blow to the theaters and the studios in which for the theaters especially, they've got nothing new to show, the next one that i see is wonder woman 1984, that is expected to come in christmas day but i have a feeling that like no other time to die, and some other movies, it's going to get delayed in pushback to 2021 or released on streaming altogether, it's very difficult to make money in the new paradigm that we are in where we stream everything. stuart: no question about it, and discrete, youtube, that is my preference, let's get serious, we have heard that broadway is going to stay close, this is new york city broadway staying closed. susan: until may 30 next year, they are down for another four months and pushing back the original target of reopening f

in a pretty good place to compete with netflix in terms of -- i mean, everything that iger bought, pixar, star wars. but they have to create it >> and i don't know if you've bought into this, i mean we feel as a family, we're running out of -- we're definitely running out of new stuff most of the stuff we're now watching is stuff that we missed, you know, months if not years ago, going back to watch old stuff in large part because there isn't a plethora of new stuff that is coming and i think come the end of this year early into 2021, you will go on to netflix or disney or hulu and i bet that you will see a bit of churn because some people will say i'm going to hold off, there is just not enough new stuff for us. >> andrew, versailles. but not with the kids. not with the kids. >> which streaming platform is that >> netflix yeah, it is netflix. not disney but living in versailles, if you remember the court, it was like being at disneyland. >> i'll add to my list i'll throw out one for you and becky and our viewers, tehran on apple tv plus, it is outrageously amazing >> reminded me of fald