Good evening. I begin the show tonight with Walt Disney, Disneyland, Disney World.

The troubles at Disney are paramount. They must be solved.

Is Iger the man to solve them, perhaps, he's speaking very straightforwardly now that they lost the story,

that the product has not been worthy of the audience these many years and they have also accumulated

possessions that are not the core business what they do so well they tell Bambi that

is the core business. They've wasted Star Trek, they've wasted Star Wars with

repetition after repetition for streaming and TV. They've wrecked the Marvel franchise, I'm told, by $30 billion to make to get to this

point and then a failure of Marvel because they're repeating things. I don't watch these movies. I'm just

reporting what I've read in the Financial Times. Time after time, failure. Even

selling is necessary, but they're late to it.

Sell E-SPN, sell A-B-C.

These are things that the commentators in the Financial Times

column make very clear.

Sell Hulu. Stay with your intellectual property. You've got Bambi for heaven's

sakes. We turn then to Italy. Italy is not receding. It's not in a recession like much of Europe. It grew just a moment in the quarter but in

any event that's better than negative. I speak to Lorenzo Fiore about that.

Also Mount Etnaon was on I speak to Lorenzo Fiore about that.

Also, Mount Etna on Sicily is erupting again,

sending sparks and lava in the air.

Lorenzo tells me that when you fly from one part to another in Italy you can see at night as it's

erupting. And then a conversation with Gene Marks about small business, consumer confidence, falling very quickly. That's the

slowdown. At the same time there's a big minimum wage hike coming for across the

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