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>> i've heard you say it's going to be about choice, hulu, espn plus, disney plus, what is this going to look like for consumers who want choice from disney content. >> we believe all three will offers consumers different kinds of programming. i think that you're going to see a lot of change in media due to technological disruption, and that will create change in consumer behavior. >> so where are we at this point in the streaming game? what inning are we in in the streaming evolution because i'm not sure if this is the second inning or we're half way through this ball game. there's netflix, a...

See nebras-- disney theme park, story breathing new life into the star wars franchise as the sky walker saga ends with the film the rise of sky walker in december. disney plus debuts in november at $6.99 a month. it's a crowded market. where does disney's ceo bob iger see the service fitting in. >> i have heard you say it's going to be about choice so you've got hulu, espn plus, disney plus, what is this going to look like for consumers who want choice from disney content? >> well, we believe that all three will offer consumers different kinds of programming. i think that you're going to see a...

Hulu and the recently launched espn plus. it also plans to debut a family-friendly service next year featuring content from pixar, marvel, disney, and "star wars." second, it will use new content from fox on those platforms. disney plans to buy fox's entertainment assets for $71 billion, including its movie studio and tv channels. snapchat's revenue grew 44% last quarter, but it lost users for the first time ever. snapchat is down 3 million daily users. snap blamed a rocky redesign of its app, but it's not the only social media company to see a slowdown. shares in facebook and twitter both f...

From, would buy you like 12 to 15 houses. >> i know! all right, let's get a check on "cnn money." global stocks taking off on trade fears, mostly higher overnight thanks to earnings. on wall street, the s&p 500 closed just shy of a record high. it is less than 0.5% away from its january record-high close. second-quarter earnings are strong. profit growth the biggest in years. but the season is not over yet. today you'll hear from 21st century fox and cvs. tesla the big stock story yesterday. the stock jumped 11% after ceo elon musk says he may take tesla private. more on that later. disney...

This other issue which is the higher cost of money personified in the higher ten year yield. so the market is adjusting and trying to come to terms with those two factors. >> we'll see where it all lands. and one more for you. disney ceo is looking to the future announcing the company's first ever direct to consume are offering, espn plus. how much will it cost and what can you tell us about this initiative? >> well, $4.99 is the figure we've heard for you and me. so this is the mouse house going digital. very interesting story. it is disney's first consumer direct to consumer streaming servic...