disney, the co-founder of the walt disney company. democracy now! is looking for feedback from people who appreciate the closed captioning. e-mail your comments to outreach@democracynow.org or mail them to democracy now! p.o. box 693 new york, new york 10013. [captioning made possible by democracy now!] ♪ >>> hello. you are watching nhk "newsline." i'm keiko kitagawa in tokyo. crews of seven finance ministers and central bank governors are vowing to take action on facebook's proposed cryptocurrency. meeting in france, the finance chiefs took up the issue of libra on the first day. all expressed concern that the digital coin could be used f fo money laundering and funding terrorists. facebook is planning to launch libra next year.

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jedediah: [laughter] griff: so you do like disney. that's a disney song. pete: it's the sound track of our childhood of our lives, that's aladin. i once sang a solo in choir from the lion king. somewhere it's on tape. jedediah: did you cry about it? because the dad dies don't get me started on that. pete: [singing] griff: disneyworld is the happiest place on earth but there is debate now about whether it's happiest when you have kids or when you don't. now, one mom, an angry mom, rant ing. jedediah: very angry. griff: about childless millennials being at the kingdom. pete: so this has gone viral. that's why we're talking about it. jedediah: she has this rant on facebook and she says, "it piss es me off to no end when i see childless couples without children at disney world that is a family amusement park get these immature millennials throw away their money on useless crap they have no idea the jew it brings to their mothers, and people without children need to be banned and. perfect if you are going to disney world not looking for lines, also can't you bu

. ♪ spirit >> beyonce spoke with disney-owned abc promoting her "lion king" soundtrack and upcoming "lion king" album. here's a preview of abc's special where queen b will debut the music vid video for "spirit" >> i wan td be authentic to what is beautiful about the music in africa. >> last week the superstar perfectionist re-shot a "lion king" music video in the grand canyon, and today we saw her dedication to excellence pay off six times over. mrs. carter scored six emmy nominations including writing and directing nods for her netflix concert hit, "homecoming." >>> other stars who got big emmy news today? >> emmys. >> sterling k. brown with his son on his laps offered congrats to his mandy moore and milo. >> how did you get the news this morning. >> i was at soul cycle. when i got out i got 65 nominations. >> "this is us" picked up nine noms in all, including best dramatic series. we skyped with chris sullivan from his garage this morning. >> how proud are you in. >> i'm that proud. >> from l.a. to neworspoke with today. >> i'm over the moon. i can't believe it. >> these are some of

it's called disney plus. it will be a competitor to netflix, at & t owned warner media's hbo, now and later this year, apple tv plus. leading us to ask, who can't wait to be king of your remote and of course, which stock would you want in there. joining us now to discuss it, a fox business exclusive, one of the top media analysts in the industry, bank of america merrill lynch senior media and entertainment analyst. she covers disney and your price target is $168 with a buy rating. we are at $144 right now. long way to go. >> yeah, it is a long way to go but you believe it will get there. how much of a propelant will "the lion king" movie be to getting it there? >> it's another feather in disney's cap. it's likely to be a huge movie, maybe one of the biggest of the year. it's all audiences, families, kids, teens, it's just hugely appealing. liz: as you look at that, you wonder, these are not reboots but sort of sequels, redoes. we were talking this morning in the morning meeting for "the claman countdown," we

disney and apple are also launching rival services. that means netflix is spending even more on original content. nerves over that spending has given netflix shares to have a bumpy ride over the last 12 months. look at that graph! there is also concern about how many streaming services people are willing to pay for. a survey by deloitte found almost half of us consumers are frustrated at having to buy multiple subscriptions to watch what they want. netflix's chief content officer, ted sarandos, spoke to our media editor amol rajan earlier this summer. he said he's confident people will keep paying for shows they want. the more competitors you have in the direct space that keep everybody on their toes, it's great for consumers because its price competition and also everybody has to kind of one up each other on quality of programming. do you think that people are going to stop paying for this stuff? you have to find great value in it and our subscribers find great value because there's so many shows to watch and many are your favourite s

disney has found its next live-action princess. everything you need to know about the young lady who just landed the role of ariel in "the little mermaid." it's thursday, the fourth of july. >>> hey, thanks for joining us and lady liberty here on the fourth of july. happy fourth of july. >> are you lady liberty? >> yes, me. that's me. us and me, lady liberty. >> lady liberty has freed the curls. >> yes. yes, honey. >> and america as well. >> so many things that i want to talk about before we get to the news real quick. so under the sea, "the little mermaid," that's so exciting. also this social media meltdown. thank goodness we work overnight and i was asleep during the day because i had no idea. >> my pictures would not load and i thought, this is the end. this is the end. >> no one could see that you were working out? so it didn't even really happen, right? if no one saw you pumping the iron. >> i'm a built man. >> a built man. all right, all right. we'll get to all of that in just a bit. >>> we do begin this fourth of july with

disney is responding -- do we do the disney story now? we do the tease next. okay. that is the markets. we will open the market in five and a half minutes' time. thank you very much for doing the math. we'll be down on the dow but up for the nasdaq. six points. not much change coming at the opening bell. we'll take you there anyway. we call it the mother standard of care. it's something we take personally, and believe in passionately. it's the idea that if our mothers were diagnosed with cancer, how would we want them to be treated? that's exactly how we care for you. with answers and actions. to hear your concerns, quiet your fears, lift your spirits. with teams of cancer experts and specialists, delivering advanced treatment options and compassionate support every step of the way. all here in one place, with one purpose. to fight your cancer, together. that's the mother standard of care. this is how we inspire hope. this is how we heal. cancer treatment centers of america. appointments available now. stuart: gee whiz for you from tesla's chief, elon musk. he wants

top four grossing all by disney. >> go disney. >>> california is about to have a new law having an impact on every single police department in our state. >>> president trump making history by stepping in to north korea, but are the two countries closer to a new york with more. >>> and pride takes over san francisco streets, but the celebration comes to a halt. why protesters decided to block the parade route. >>> a live look outside from our exploratory camera this morning. see the fog, oh thaphenomenal!, that's unfair. that's so unfair. c'mon jay-bo. let's go. let's go. woahh! try my $4.99 bbq bacon double cheeseburger combo. only at jack in the box. ♪ try my $4.99 barbeque bacon double cheeseburger combo. >>> news to build a better bay area. this is abc 7 mornings. >>> good morning. coming up on 5:00 a.m. on this monday july 1st. i'm tweeting in red with a special guest. >> i'm liz and excited to be here. glad reggie gets the morning off. >> glad to have you here. lisa argen with a check of the weather. >> hey. natasha, liz. good morning. a live look from doppler 7. july 1st, you expe

and disney is celebrating another big office win. "avengers: endgame" officially beat james cameron's "avatar" to become the highest grossing film of all time. "endgame" brought in an estimated $2.29 billion. have you seen it? >> i have not. i suspect the heatwave has helped to boost to box office numbers because what are you going to do on the weekend. >> broil. ice skating. go to the movies. >> exactly. it's on my list though. wendy gillette at the new york city. >>still ahd, very much, wendy re pof prince george for his sixth birthday. ulated by your ac syst. to stop the cycle of odors try febreze car vent clips. febreze stops the circulation of musty air by trapping and eliminating lingering odor molecules for up to 30 days of fresh, clean air. plus, they come in a range of scents including extra light. stop the cycle of odors in your car with febreze car vent clips. brand power. helping you buy better. this is not just a headache. this is not just a fever. this is not just the flu. it's meningitis b... and you're not there to he

. >>> still ahead, a disney star passed away too soon. what his family says happened. >>> plus, mulan, the live action movie trailer just dropped but there's a big deviation from the disney classic in this version. >>> and i'm dennis o'donnell. coming up on game day, how did the clippers get kawhi leonard? and marty leury. buyers or sellers for the san francisco giants? >> they are selling. >> who is going and possibly, the giants trade deadline coming up. marty and jim next on game day. >>> a disney channel star has died in his sleep. 20-year-old cameron boyce could not be revived when paramedics rushed to his home. he had an ongoing medical condition and died afr a seizure. he starred in the descendants. >>> the first trailer for the live action remake of mulan aired during the women's world cup finals. well, gripping. this new remake will star chinese actress crystal lieu and jet li as the emperor, but mushu will be replaced. >>> we will right now, earn 60,000 bonus miles after qualifying purchases when you apply and are approved for t

what is disney now saying about that report? deirdre: first of all, the journalist who says she did it is incorrect. she did not say on twitter i am incorrect but she says for the record, abigail disney never said she went undercover to anaheim. all she says is she went to anaheim. the difference is important to point out. while the journalist is flagging the faulty reporting, she is not exactly saying i made a mistake, heere's the correction. she's saying here's where all of you misunderstood my reporting. disney very quickly and clearly responded to her. i will read you one line because i think this says it all. this widely reported stunt is a gross and unfair exaggeration of the facts that not only the misinterpretation, misrepresentation, rather, but also an insult to the thousands of employees who are part of the disney community. that is part of a much larger statement that disney issued in response to this faulty yahoo! news report. stuart: they have come out swinging. that's very sharp. deirdre: disney does not play at a

. >> breathe, breathe, breathe >>> plus -- new details in the mysterious death of a 20-year-old disney star. >>> and stevie wonder's health crisis revealed. >>> then, why some are calling baby archie's christening royally ridiculous. >>> then -- >> we're experiencing some very strong shake zblg how the california earthquakes are rattling nerves in hollywood. >> i felt that one. that was freaky. >>> this is "entertainment tonight." >>> this is something. jennifer lopez caught in a rare and incredibly emotional moment, as she confesses to her man. >> i can't take this. >> oh, lord. >> i like them so much. j.lo leaving no doubt why she's ready to marry alex rodriguez. >> something today threw you off a little bit. >> it did. i felt dizzy. i don't even know what i'm doing. >> j.lo's emotional breakdown was the result of a fever, almost losing her voice, and this bloody accident on stage. ♪ >> when i came back, it was blood all over my face. >> it was the best. >> by the way, it was the best show i've seen so far. >> you're lying. >> no, i'm not. and you showed why you're a champion, baby

. >>> there is news tonight about the death of a popular young disney star. what his family is now revealing about his private health battle. >>> and a homecoming fit for champions. the world cup champs given the keys to the city. >>> good evening. and it's great to have you with us here on a wednesday night. and we begin tonight with the state of emergency, as a tropical storm now bears down in the gulf. in fact, it could become a hurricane. in fact, hurricane watches are up tonight across several states already. and new orleans already under water. tonight, authorities there are bracing for what could be a major test of the levee system after katrina. dark clouds and a water spout there on lake pontchartrain. streets turned into rivers in the city's lower garden district. this streetcar, the only traffic orleans. and take a look. this satellite image tonight of the tropical threat right now at this hour. meteorologist rob marciano is just outside new orleans tonight, leading us off. >> reporter: tonight, a state of emergency for new orleans. this water spou

abc is owned by disney. but that's okay. i don't care. have you been to disney world? >> no. >> stephen: really, have i? you would know. >> i guess not. oh! i did! i did! ( laughter ) i did a standup gig there once -- >> stephen: you did standup at disney world? >> florida. >> stephen: world. it was a mistake for everybody concerned. ( laughter ) because i think if you are at disney world, the last thing that you want in that atmosphere of magic and anything possible is a comedian telling you that the world is going ( bleep ). ( laughter ) disney and i had different things that we wanted to do with people's evenings. >> stephen: yes. they have that ride there. it's a ( bleep ) world after all. >> that's right. ( laughter ) ( cheering ) if there was a british disney world, it would be just someone sitting in a dark room saying just think about the fact everything is gone now. sit there and wait for the release of death. >> stephen: you may zazoo who is the secretary to m mufasa, right? >> you said mustasa. i thought i'll let that slide and you will correct yourself, bec

in the wake of the disney/fox merger, the hulu scripted original team is joining walt disney. this emmett speculation over if disney can create compelling original tv shows not tied to existing licensed titles, as it launches its own streaming service. in may, bloomberg reported disney could take full control of hulu in a deal with co-owner comcast. up, while jeffrey epstein could be waiting up to a year to go to trial in the midst of sex trafficking allegations, silicon valley executives wasting no time distancing themselves from him. we will discuss next. this is bloomberg. ♪ emily: jeffrey epstein facing charges of sex trafficking underage girls, has long claimed a social of -- a social circle of powerful in washington and wall street, but a different group of elite distancing themselves from even the briefest and counters with epstein -- entrepreneurs of silicon valley. the way these contacts came about is jeffrey epstein's little black book, his contact list as rest is, which include a lot of names we recognize here in tech. tell us. >> certainly. who the people relatio

>>> we are learning more tonight about the death of a young disney star. the family of cameron boyce, who passed away in his sleep, now revealing the medical condition he battled hz entire life. here's linsey davis. >> reporter: we're not learning it was likely a rare complication of a common condition that took the life of actor cameron boyce. for nearly a decade, that freckled face with the megawatt smile was a fixture on family tv. >> jack only likes bad boys. look at you. >> reporter: the disney star died suddenly in his sleep over the weekend at a seizure. his family now revealing the 20-year-old suffered from epilepsy, a central nervous system disorder in which brain activity becomes abnormal, causing seizures and affecting nearly 3.5 million people in the united states. every year, 1 in 1,000 adults with epilepsy dies of what's called sudep, sudden unexpected death in epilepsy. but the majority of cases, about 70%, tend to be managed well with medication. >> maybe a new school wouldn't be the worst thing. >> reporter: the tributes to boyce pouring i

if you remember, there was a big fight in disney -- neil: yes. >> so in today's disney, anything that happens is going to get caught on film somewhere and we will all hear about it. if it's sensational enough it will go viral. people of all ages should go to disney. >> how dare her take my childhood. go and hug mickey, feel good, maybe escape. neil: you visit the hall of presidents? >> of course. the whole nine yards. neil: i see lots of couples who get married at disney. >> absolutely. it's a big business for disney. neil: where does this come from? it probably heightened the interest of people wanting to go. >> free publicity for them. neil: free publicity for them. >> all a stunt. neil: it got us talking about it. guys, thank you all very, very much. good seeing you again. >>> in the meantime, $3 million for winning a fortnite game. you have been lecturing your kids cool it on the gaming. now the kid comes back, you let me keep doing this, i will pay you back in spades. this young man did just that. he's $3 million richer. he claims he only plays the game eight hours a day. after t

the new disney classic, the journey back to africa. and new voices bringing old friends to life. beyonce, donald glover, seth rogen. our robin roberts with the famous faces behind the beloved characters. ♪ circle of life but first the "nightline" five. >>> good evening. thanks for joining us. we begin tonight with breaking news. retired supreme court justice john paul stevens died tonight in ft. lauderdale, florida after suffering a stroke yesterday. president jerald ford appointed stevens in 1975 as a moderate. but he eventually emerged at court's leading liberal, retiring after serving 35 years on the nation's highest court. >> i think i've been told over and over again in case after case after case that on some issues i surprised people, yes. but all judges do that. >> in 2012, president obama awarded him the medal of freedom. justice john paul stevens was 99 years old. >>> we turn now to the tragic plane crash exactly 20 years ago tonight. there was already worry and concern on cape cod, massachusetts. a small, private plane had failed to land as expected. the pilot, john f

disney is the parent coil of abc7. >>> and marvel made some other announcements about their upcoming native. you can see a complete list announced today on their website. >> i am still trying to process all those digits. >> it is more money than all of us together will ever have. >>> the giants have been putting up some winning numbers. >> the giants are overpowered by the mets. how many the orange and black gave up against new york. and the ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ want. >>> the bay area is home to two of the hottest teams in baseball. the a's have lost 22 of the last 27 games. they lead in home runs and are on pace for most homers in a seems. first and third batters, brett anderson faced. minnesota taking the 2-0 lead just like that. the a's couldn't get anything going until the seventh. second deck. ties it. the a's have at least eight home runs and 20 consecutive games. next batter. ramon liriano. they would trail 4-3. canada gets hit by the pitch. next batter. laureano delivers in left. canha stops at third. chris davis hits it so hard. it bounces into shallow right. both

most famously, disney merger with abc in 1995. this year, the focus may be less on mergers and more on content. julia boorstin is there for us tonight. ♪ >> reporter: with media moguls su as brian roberts, john malone and gre masay arriving ohere in sun valley onef the big topics is how the media and tech giants are battling with content. with a number of new streaming services set to launchrom disney, apple, at&t warner media and unersal. >> n one will compete with netflix in gross subscribers. i believe they've won the game annothing i can see will dislodge them. amazon is a completely different business in that it is selling prime which gives you different services. disney has the best chance because of its very, very popular content. >> reporter: with so many media and tech comnies such as apple and amazon competing for premium showsnd movies which barry dillard calls an arms race, some of theompanies are looking for value elsewhere like discovery's david dazlov which is building on his company's strength with coent around f

disney's "lion king" winning big at the box office. despite harsh reviews, disney's avenger end game passing avatar being passed here to talk about all, disney's domination at the box office, brent lange, john litman is also here thank you both for being here. what is going on 40% of the market is now dominated by disney? >> if you factor in the fox contribution which is only about 5%, yeah, it's 40% dominated by disney so, disney is just blotted out the sun for all the other studios and everybody is punching up right now. >> what does that mean does that mean they won't get space in the theaters? is this a concentration issue? >> that's some of it if you look, basically all the other studios steered clear of this summer, this year really. you don't have a bond movie, jurassic world they let disney have this runway >> right >> the reviews have been terrible, terrible like terrible, terrible. we were talking about 8-year-olds who have a view this is not the greatest movie in the world. >> that is true. and yet and yet the genius of what

disney is the parent company of abc 7. it certainly looks epic and hard to shoot. >> yeah, i had chills, tears in my eyes at the end of the trailer. it got me. >> i like her. >> impressive. i saw "spider-man." >> tell us. >> i enjoyed it. some of the people i was with were saying the marvel movies are becoming predictable. it won the box office this weekend with absolutely advertisement from marvel. i didn't even know there was a spiderman movie coming up. >> i think i saw one or two. >> it certainly wasn't like "end game." >> i liked the lead actor. pretty good. >> adorable. all in. holland. >> tom holland. >> he's really good. i didn't think anybody could replace toby maguire. but he did a good job. >>> in san jose we're looking at cloudy conditions this morning. we're just south of mineta san jose international. no heat. it's going to be hard for some areas to see sunshine today. talking about in the bay area. there is warmth coming. it's in the neighborhood. it's several days away. here is a look at the cloud cover. yo

the other just going higher, comcast or disney, disney well above 200 billion. that doesn't set off any alarms that there's a $30 billion market cap difference and a five fold difference in revenue >> one is growing 25%. while i don't cover disney and comcast, i believe they're growing in the low single digits >> low single digits >> one is expanding margins 300 basis points plus a year they said they can do that for multiple years >> netflix was 30 billion a couple years ago the future was kind of clear for what would happen. the future as bullishly as it was portrayed, now that we know the numbers, in this country it didn't match up to that narrative, did it? >> i would say a couple years ago you didn't know they would be the leader in this category i think invests have a greater level of confidence that this is the category leader over the next couple of years i don't want to discount disney. >> in streaming? >> yes >> everybody will have a streaming service. so they'll be that much better at developing content? >> i think number one, their scale in terms of

disney breaking office in the a box office, this time it's the lion king hauling in the biggest opening for a july movie ever. it's monday, july 22nd you're watching "worldwide exchange," and it begins right now. ♪ >>> good morning and welcome to sh"worldwide exchange" i'm domic chu in for brian sullivan today. stock index futures inindicating the dow will open up by 54 points the s&p would be up by 6 points and the nasdaq up by 20. the major averages all coming off their worst week since may on the treasury yield side of things, we're seeing a slight tick lower in ten-year note yields the two-year 1.82% let's go worldwide in the asian trade. japan, this morning, you can see here down by about one quarter of 1% this as shinzo abe the prime minister declared victory in the country's national elections just yesterday it's a win that could ensure his place in history as japan's longest serving prime minister also in china, we're seeing the moves on the shanghai composite off by 1.25%, the country ice new nasdaq style tech index trading just today the star market saw shares of a 25 compan

he has pleaded not guilty. >>> disney heiress abigail disney says she is livid after what she saw visiting disneyland undercover. she tells yahoo! news she went to check out conditions for herself after workers sent her a facebook message, and every employee had a similar message for her -- quote, i don't know how i can maintain this face of joy and warmth when i have to go home and forage for food and other people's -- in other people's garbage. >> disney has her own message for company ceo bob iger, one she's delivered before, that iger needs to fix the egregious wage gap. >> bob needs to understand he's an employee just the same as the people scrubbing gum off the sidewalk are employees, and they are entitled to the same dignity and human rights that he is. >> disney says she recently e-mailed iger about her concerns but received no response. bob iger earned $66 million last year. the median salary of a disney employee is $46,127. the company in a statement to cnn points out that it pays workers above the federal minimum wage, and they have committed $150 million to a program for employ

great for halley bailey, great for this iconic disney film. and also great for those poor, unfortunate souls who will have a chance to have their eyes opened to what this role can be. >> absolutely. broadening those horizons. let me remind you, "west side story," natalie woods, a russian-american, played maria, who was of puerto rican decent. lone ranger, johnny depp played native american warrior tonto. "aloha," emma stone played a character of chinese descent. it's not new. it's been done before. many are pointing out this criticism reeks of racism, halle is talented and qualified and ariel is a mermaid. >>> it's time for "the mix" on this tuesday, which also happens ariel is a mermaid. $$9.95? no way.? $9.95? that's impossible. hi, i'm jonathan, a manager here at colonial penn life insurance company, to tell you it is po if you're age 50 to 85, you can get life insurance with options starting at just $9.95 a month. okay, jonathan, i'm listening. tell me more. just $9.95 a month for colonial penn's number one most popular whole life insuranc

the most important one being disney plus. i really think it is not all bad news. netflix has actually been able to a mass 100 50 million subscribers across the world, and all along it has been dealing with competition. there has been amazon prime, hulu, all of the overseas players in the markets, and it has been able to achieve this dominant status. second, i think a lot of the original content has been resonating well with viewers across the world. they are hit series and they are able to generate a lot of momentum around these series, and that becomes another key to retention. conversely, with all the competition, i think what is going to happen, it will accelerate the whole thesis, which might end up being a net positive, not a net negative for netflix. the shift inlerate streaming away from a linear television platform to streaming, and the key beneficiary there is netflix. at the end of the day, netflix is viewed as the centerpiece of a streaming bundle. amber: right. reporter so much, our from bloomberg intelligence with the latest. we are now hearing from t

another disney movie, ave. van jers end game moved past "avatar" to become the highest grossing movie of all time. disney is the parent company of abc seven news. followed by spiderman far from home, "toy story 4," crawl and yesterday. >>> a just discovered shark species in the gulf of mexico actually emits light. >> you've got to see this. this is the american pocket shark. they have a pocket organ near they front fin that scientists say squits a little glowing cloud into the ocean. researchers say there are only two they've captured and seen. one caught in the gulf of mexico in facebook a ir of 2010 and the other in 1979 in the eastern pacific. >> that's like a hand holding hg it, right? i thought maybe that was why it was called the pocket shark. you can stick it in your pocket. >>> new question on how i.c.e. may have used oakland international airport despite the city's sanctuary city policy. >>> turning a negative into a positive. more than a year after the barbecue becky incident, looking to build a bette

. >>> plus, the sudden death of a rising disney star. what we're learning tonight. stay with us. what we're learning tonight. stay with us. the clock is ticking on irreversible joint damage. ongoing pain and stiffness are signs of joint erosion. humira can help stop the clock. prescribed for 15 years, humira targets and blocks a source of inflammation that contributes to joint pain and irreversible damage. humira can lower your ability to fight infections. serious and sometimes fatal infections including tuberculosis, and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. help stop the clock on further irreversible joint damage. talk to your rheumatologist. right here. right now. humira. but allstate helps you. with drivewise. feedback that helps you d

disney plus launches this fall staffed with its own star power. "star wars," marvel and, of course, all the disney animated hits. >> hands down this is the best day of my life. >> tech giant apple is getting in on the streaming game too with the new apple tv plus. stars are all putting out shows on new platforms this fall. "friends" will still be there for you just not on netflix. you can fine it on hbo max which is rolling out next year joining fan favorites like "game of thrones". >> i'm not superstitious but a little. >> at nbc universal the parent company of nbc news is taking the office back from netflix with its own streaming service launching next year. what does it mean for your monthly bill? that's up to you. disney plus comes in at under $7 a month with estimates for some other new platforms anywhere between 12 and 17 bucks a month. with most homes in the u.s. utilizing one subscription and the average american using about three streaming services, those monthly fees could start to add up. combine that with a monthly kbabl bill and indus

last year, the internet went into meltdown when disney released a surprise trailer for its live—action remake of the lion king. now, finally, the wait is over. the stars of the movie, including donald glover and beyonce, were at the premiere in london last night, along with the duke and duchess of sussex. and our entertainment correspondent lizo mzimba. the duke and duchess chatting to some of the hundreds of fans who'd gathered in leicester square for the premiere. then it was time for real—life royalty to meet showbiz royalty, led by beyonce, who voices a character in the film, and her husband jay z, as well as other members of the cast and the team behind the movie. even though some of the reviews have been less than spectacular, there's still a huge amount of anticipation for the film because the original lion king is particularly loved by audiences who went to see it in such numbers it became disney's biggest film of the 20th century. everything you see exists together in a delicate balance. this time around, the story's been brought to life using computer—generated characters

by the end of next year and this year and next year when a lot of the big media companies like walt disney will stop their own streaming services and the stock for all of netflix and 1st initial after our reaction was down by a good 12 percent while streaming market there in the u.s. going a lot tighter quarter with the latest in new york thank you the international monetary fund has warned that international trade is slowing the caution comes as the i.m.f. which coordinates global monetary policy releases its annual look at trade not surprisingly it's urging nations to avoid further conflict. this year's external sector report shows that the world is doing less business with itself confused with the i.m.f. chief economist explain we are seeing global growth global trade grilled slow which tells you that this is not just about shifting of trade to different parts of the was but an actual overall reduction in trade so this is having a fundamental impact on global trade the i.m.f. points to international hostility as a cause global financial leaders have made no secret of the fact the trade

disney seems to have their eyes on those one direction boys. because at one point, zayn malik was rumored to have been in the running for aladdin. >> i remember that as well. you can expect a lot of running or in this case, pouncing, in the upcoming cast with taylor swift this purr-fect cast taking us behind the scenes. >> this musical is timeless. everybody's working really long hours, rehearsing every day and it's fun. >> taylor is showing off her most feline movies in this movie adaptation of broadway's hit musical. >> we got to update it in ways that i think is so, so great. i came right off a stadium tour and went right into rehearsal and her co-stars strictly a-list. >> when you see people that at the top of their game raising it you do as well. >> the stage is huge. everybody is. protective. >> oh, my god, is this? it's so spectacular. >> so much fun to play in. >> the actors are not rehearsing their dance moves in costume. their cat fur will be added later digitally. >> level of technology that i don't think has ever been used before. t

. >>> the stars of disney's lion king hid the red carpet last night for the world premiere of hollywood. the disney classic which was released in 1994 is the latest animated film to be made into a feature film. >>it was very emotional. like i felt really close to at that song. you try and do it the way atfel you were a child. >> not only is this a family film but a film about families. it is a -- you know, the circle of life. >> i love the life advice that you get from this movie. this is not just entertainment. >> the lion king hid theaters nationwide next thursday, the 18th. >>> a local civil rights activist and former olympic star is continuing to give whack to his community. tommy smith, of course, won the gold metal in the 200 sprint. many people remember when he raised his the ceremo smith sat down with paul chambers. the two discuss issues from his iconic end gesture at the olympic to his early days picking cotton and the brought to san jose state. here is one picture from the podcast and we have the entire podcast for you. >>> as michele fiora reports, police have laid trap for

disney's lion king is feeling the love. the first reactions are inning. > disney celebrated with beyonce an the world premiere last night by releasing a new called "spirit." >> billy eichner and seth rogen hon voicety money and pum ba walked the red carpet and talked about singing ha kuhn na ma ta-da. >> ha do you know na ma ta-da. >> you guys sounded great. >> we worked hard on it. it's a classic. it's hard to -- we tried to inject our own flair into it i guess as much as possible. >> the film is so far getting a thumbs up. one fan tweeted you will be smiling and crying the whole time. >> boy, that's hard to do. the new movie hits theaters nationwide july 19th. disney is the parent company of abc7. >> the animated one was great. live action. >> fun to stee what they do with it. >> the u.s. labor secretary defends a controversial plea zmeel and vice president mike pence touches down in california. his quick visit to the golden state. >> plus. >> he had the money in his hand and refused to taking it. >> could it be a robber

. >> what about stocks now like disney what about disney? >> i talked about disney when we bought -- we owned fox we like the new fox. the new fox is selling at 37 that stock is a bargain. 15 billion of cash flow of ebitda and $2 billion of cap "x" over the next, so what are they going to do with fox sports and fox betting, fox nation. disney was created by us it was trading at 110, and iger has had a huge tailwind and the notion of taking on hulu and the next subscription type of service. >> like disney plus. >> whatever the name is. >> the stock is going to earn $7.50 in three years, is a times 7.50 is 105. 25 times 7.50, it's a plus/minus and meanwhile it's getting a roar from "the lion king. >> $1 billion. >> so what. >> avengers "end game" was over 3 million. meow, is "the lion king" and the poor "avengers end game. >> cord cutting, biggest losses in the quarter, moffitt nathanson. they say traditional cord-cutting is, quote freaking ugly bloodshed. they say it's going to get worse. winners and losers. >> my own reaction is not complica

. >>> the sudden death of a 20-year-old disney star. ♪ all the color in, all the color in the world ♪ ♪ i'm uncovering, i'm uncovering ♪ ♪ oooooh bring color to life with the very best paint, only at your sherwin-williams store. for hair color this stunning, and healthy-looking every time you color powered by 60% oils olia propels color deep into hair, and without ammonia. it's in the oils. olia. brilliant color. visibly healthier hair. by garnier naturally. if you have moderate to severe psoriasis, visibly healthier hair. that's why there's otezla. otezla is not a cream. it's a pill that treats plaque psoriasis differently. with otezla, 75% clearer skin is achievable. don't use if you're allergic to otezla. it may cause severe diarrhea, nausea, or vomiting. otezla is associated with an increased risk of depression. tell your doctor if you have a history of depression or suicidal thoughts or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. upper respiratory tract infection and headache may o

. >> fans mourning the loss of the 20-year-old disney star. what we know about the circumstances surrounding the sudden death. >>> and it's the fiery world record you have to see. a daredevil speeding through burning boards over and over again. we'll introduce you to the motocross rider making history on this monday, july 8th. >>> good morning, everyone. hope you had a great weekend. >> fabulous weekend. a lot to celebrate this monday morning. >> so much. team usa. >> yes. >> we'll get to that daredevil story. i saw the show last night, guys. >> he was impressed. >> it was crazy. it was fiery. we're going to have the breakdown for you. >>> we begin with the usa women, the talk of the world, after beating the netherlands in the world cup. not only are they on the front page of papers at home, like "the wall street journal." >> but also overseas. this french paper went with the headline, "great again." adrienne bankert has more from france. >> that's it. u.s. wins their fourth world cup. >> reporter: team usa champions again. establishing themse

we start with disney. i can imagine people arein not to buy it for the yield because it is only 1% and the stock is at an all-time high right now. but obviously yhe think's more growth there to be had, yes? >> yes. we havehe weathered storm with disney, but it is at a critical turning point and we think the potential now with disney plus and the growth in the subscriber base is going to be meaningful not only for revenue growth bfo their operating margins. >> next on the list is nike. you say theh revenue gro is accelerating. the stock has done pretty well, up about, let's see, 15%, 16% for this year. but you still think there's room for more? >> nike is a shift in an apparel company to almost a technology company. so their move into this direct-to-consumeran marketplac being able to buy direct and still balance the traditional retail distribution is going to be -- i think they can manage it well, and that's a huge growth opportunity. the otherhing is the 2020 tokyo olympics will be a big calyst for sales.

but she wanted moana on her birthday cake, shout-out to disney, the parent company of abc news. she wanted moana. look what she got. >> what she got? >> marijuana. >> oh. after she ate that marijuana-themed cake. >> there's that little my pony that also has a marijuana leaf on its bottom. >> speaking of the munchies and leafs, this one guy here was going to town like he had some marijuana cake. >> oh, that's exactly what that wombat had. at that wombat had. >>> this morning on "world news >>> this morning on "world news now," no relief for new orleans. the city suffering a flash flood as it braces for more rain. it's part of a system that could slam into the gulf coast as a hurricane. states of emergency are in effect and evacuations are under way. >>> also this morning, crisis at the border. >>> this morning on "world news now," no relief for new orleans. the city suffering a flash flood as it braces for more rain. it's part of a system that could slam into the gulf coast as a hurricane. states of emergency are in effect and evacuations are under way. >>> also this morning, cri

and disney taking its content off. how big a threat is this or has too much been made of it >> i think too much is being made of it i think the shift for netflix from licensed content to owned and original content has been happening. it will continue to happen other content providers pulling content from netflix and going captive will continue to happen. it's not going to be a cliff overnight. if you look at shows like "the office" and "friends," our research shows it's been very helpful for retention, not a new subscriber ad driver and just the final point, i think you ought to think about where netflix's content is going to be, not right now but in 2020 and 2021 when big former network producers like shonda rhimes and murphy have their content up and running on netflix in the out years. i think it's been overplayed in terms of the head wind to netflix. >> what's your outlook once all the other dtc services launch, matthew? i'm asking in the context for instance of pricing increases. you may not believe that netflix w

disney has brought in a record $7.7 billion at the box office this year. three of its films across the billion dollar mark, big part of all that avengers captain marvel and aladdin. lion king and toy story 4 are expected to cross the billion dollar threshold. >> whoever is running disney's movie studio better get a bonus. >> it's paid in spades. >> almost in one movie i think it was a $4 billion deal. >> something like that, yeah. >> two avengers paid for the entire marvel thing. >> it's been brilliant >>> now to the video game world, the world of fortnight crowned a new champion, 16-year-old american kyle won the inaugural fortnight world cup solo final in new york, yes, that's a thing. he managed to get by 99 opponents earning 59 points through six games. the runner up only scored 33 points he took home the trophy and $3 million bucks. all from playing video games. >> that kid needs to take 30 minutes a day off of games, start watching cnbc. now he's got some real coin to invest, not to buy skins he can do that dance watch cnbc, figure out what to do wit

disney's a powerful company. >> it's a lion, run for your life? >> it's a little lion. >> it gets bigger. >> there's a lot of improv in the movie. as well as a few easter eggs, like a nod to "beauty and the beast" and at least one pint-sized critic gives it a total thumbs up. >> this morning, my son was running around the house being a lion all morning. >> was he roaring? >> i mean, yeah. wouldn't come to breakfast unless i was like, hey, breakfast is ready. he's like, roar, i'm like lion breakfast is ready. like, thank you, okay, now i can eat. >> can you imagine that conversation at breakfast? okay, oatmeal. >> exactly. >>> also props to you, nischelle, for moderating the big "lion king" panel today. fabulous. >> it was a lot of fun. the when they started singing circle of life, i was feeling it. >> so great. >>> all right, let's move on to more movie news. move over daniel craig, there's -- looks like the future of bond is female. >> what's it like being here, is this a dream come true? >> it's fabulous. >> i mean, what an opportunity to be giv

disney chairman and ceo bob iger tweeting, the walt disney company mourns the loss of cameron boyce who was a friend to so many of us and filled with so much talent, heart and life, and far too young to die. our prayers go out to his family and his friends. a philanthropist at his core boyce worked to fight homelessness and bring attention to the global water crisis. >> we all go and i hope that all of you really think about what it is that you want to leave. we all have material things. we all have things that we own that we like and we treat ourselves and all that stuff but what you leave should be bigger than you. >> powerful words right there. boyce will live on through several upcoming projects. we have "the descendants 3" and this fall he is a regular in an hbo show and starring in an independen independenty fill m. he made his acting did he beaut at 9 years old. my family love his work with "jessie" but did so much with the time he had. >> he made quite an impact. >> my kids as well. "jessie" was their favorite show and he was their favorite on it. >>> when we come back, we have

the sony sequel raked in more than $93 million. >>> at number two disney and pixar's latest installment of the "toy story" franchise brought in $34 million, and "yesterday" came in third. anne-marie. >> diane king hall at the new york stock exchange. thanks a lot, diane. >> you've got it. >>> still to come, stevie wonder makes a major concert announcement. he tells concertgoers why he'll be taking a break from performing. he tells why he'll be taking a break from performing. and you're not there to help. while meningitis b is uncommon... once symptoms appear, they can progress quickly and can be fatal... sometimes within 24 hours. before you send your teen to college... make sure you help protect them. talk to your teen's doctor... about meningitis b vaccination. i just love diving with my son... but diving can be really hard on my knees. move free ultra has been a game changer for me. within a week, i noticed a difference in my knees. taking move free ultra lets me do the things i love. everyone should try move free ultra. look! a door to another dimen... oh, no, just a bag. train insa