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Bloomberg Radio New York

Automatic TRANSCRIPT

Pack an executive chair Bob I agree now joining us from Disney studios in Burbank California thank you both so much for joining us this announcement happening just minutes ago I girl have to start with you this ending years of speculation about who might succeed new palace intrigue why now and why is Bob J. pack the right person for the job as you know I was going to be leaving the company and leading my role as CEO at the end of two thousand and twenty one and so the board has been engaged in a process for quite some time considering who best to succeed me and Bob J. big we have someone that not only knows the company very well having run a few of our really important businesses including parks and resorts but he's also someone that we know very well we couldn't think of a better candidate to take over the company at this time in terms of why now we as you know recently completed the acquisition of twenty first century fox and have been engaged in assimilating those businesses we also deployed a brand new strategy or direct to consumer strategy with ESPN plus and Disney plus of course now who and and hot star a my next priority was really making sure that our creative pipeline was as vibrant as as rich as possible here more interviews like this one on Bloomberg television streaming live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings markets headlines and breaking news twenty four hours a day at dot com the Bloomberg business he's a Bloomberg business slash Moscow the worldwide stock selloff continues putting a global benchmark on course for the lowest close since October as investors continue to fret the spread of the corona virus most government bonds are adding to gains sending yields to unprecedented lows and we check the markets every fifteen minutes throughout the trading day on Bloomberg S. and P. futures down twenty six points Dow futures down two hundred forty one and as a futures down sixty six that action Germany's down two point three percent CAC embarrassed down two point two percent footsie one hundred down two percent ten year treasury up twelve thirty seconds yields one point two nine percent the yield on the two year one point one one percent NYMEX crude oil is down two point two percent or a dollar eighty forty seven sixty five a barrel call my school the third of a percent or five dollars forty cents to sixteen forty eight fifty an ounce the euro one point oh nine three nine against the dollar British pound one point two eight six eight M. A. N. as of one ten point one zero that's a Bloomberg business slash owners Michael bar with more on what's going on around the world Michael president.