It it is 11 00 a. M. On wall street and squawk alley is live snap what a happy sound snap is the happiest sound ive found tap slap but snap makes the world go round snap crackle pop rice crackle makes the world go round i insist that pop is the sound well get to snaps pop in a moment, but first welcome to squawk alley. Im Caro Quintanilla with john for the and kristen boorstin snap is exceeding its first day of trade, 38 and change. Netflix going the opposite direction. Were going to discuss netflix first. Good morning good to see you. Good morning, carl. You said investors who are looking at this print are going to struggle to find negatives. Yeah, there really wasnt anything to dislike. Weve had advertising pullback during covid and now were seeing the snap back across the board. We think this is going to help facebook, twitter, a number of the advertising related names, the User Engagement was high you can do anecdotal surveys of all of our kids around the community here and theyre
With the ceo bob iger. Joins us with the latest julia. Melissa, thats right dips disney beat revenue and earnings driven by success at the parks and studio the big news is about disneys big bet on streaming with disney plus launching tuesday bob iger announcing in the interview that they have a Distribution Agreement with amazon and lg pmt iger also announcing a new plan to bolster hulu with fx. For the first time fx will be creating original series for hulu in fact we start with four of them four of them in production now and theyll be available on hulu starting in late march were also going to enable viewers to watch fx shows on hulu soon after they have aired on fx a few hours later. Iger announcing that espn plus now has 3. 5 million subscribers, that the addition of over a million over the course of the last quarter now i asked iger if all of disneys investment in streaming threatens to cannibalize the core Media Network business. We dontbelieve what were doing is damaging the bre
This is them by phone business. Yeah. You cant afford to miss, im rachel. Love it. But i bred to bore and watch it. And heres what we have coming up while starting, taking a stand against crypto. Currently in the past, the nation is making move through for the world of block chain technology. Well take a look at what the impact that could have. Then we thank you next door to india, where the worlds 2nd largest nation is later for a major rebound in the wake of coven, whoa and later on spotify, that will add a new warning on his platform after the most popular podcast or in the world, was criticized for his content on the platform. Well discuss the latest in the ongoing debate. We have a lot to cover, so lets get started. And we leave the program with chinas foray into the exploration of block chain technology. Now on the government may have cracked down on crypto currency, the nation seems to be embracing its Underlying Technology in a way others have not. China has now selected 15 pil
This is them by phone business. Yeah. You cant afford to miss, im rachel. Love it. But i bred to bore and watch it. And heres what we have coming up while starting, taking a stand against crypto. Currently in the past, the nation is making move through for the world of block chain technology. Well take a look at what the impact that could have. Then we thank you next door to india, where the worlds 2nd largest nation is later for a major rebound in the wake of coven, whoa and later on spotify, that will add a new warning on his platform after the most popular podcast or in the world, was criticized for his content on the platform. Well discuss the latest in the ongoing debate. We have a lot to cover, so lets get started. And we leave the program with chinas foray into the exploration of block chain technology. Now on the government may have cracked down on crypto currency, the nation seems to be embracing its Underlying Technology in a way others have not. China has now selected 15 pil
This is them by phone business. Yeah. You cant afford to miss, im rachel. Love it. But i bred to bore and watch it. And heres what we have coming up while starting, taking a stand against crypto. Currently in the past, the nation is making move through for the world of block chain technology. Well take a look at what the impact that could have. Then we thank you next door to india, where the worlds 2nd largest nation is later for a major rebound in the wake of coven, whoa and later on spotify, that will add a new warning on his platform after the most popular podcast or in the world, was criticized for his content on the platform. Well discuss the latest in the ongoing debate. We have a lot to cover, so lets get started. And we leave the program with chinas foray into the exploration of block chain technology. Now on the government may have cracked down on crypto currency, the nation seems to be embracing its Underlying Technology in a way others have not. China has now selected 15 pil