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Alan Horn Named New CEO Of Walt Disney Studios

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  • Description

    FBN’s Peter Barnes breaks down afternoon market news.

  • Duration 1:03
  • Date

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Hi Peter Barnes where -- Fox Business brief it was another down day for oil concerns over the European debt crisis and disappointing reports on the US economy.

Weighed heavily on crude prices while also posting its worst monthly drop since December 2008.

Crude down 17%.

For the month of may.

Serious -- -- is reportedly in talks -- Liberty Media.

To explore transactions.

That's according to the Wall Street Journal.

This follows liberties increased efforts to take control of the satellite radio broadcaster.

The company plans to vote shares to take control of the serious board liberty also asking the FCC.

To reconsider its request to -- serious licenses.

And there is a change at the top of the house of the mouse.

Walt Disney studios has named Alan Horn as its new chairman.

Effective June 11 porn is currently the president and COO of Warner Bros.

entertainment.

We now continue the countdown to the closing bell with the Pope had to -- he's -- here.

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