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Former Disney Chief Expects One More Tough Year for Economy

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  • Description

    Former Disney CEO Michael Eisner gives his outlook for the economy.

  • Duration 1:55
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-- -- got -- for being here appreciate it.

Well the biggest names of the media and tech world's on meeting this week of the thirtieth annual Allen and company summit in Sun Valley, Idaho beautiful location -- -- covering this story he joins us now Dennis.

-- actually you know the moguls are taking the afternoon off here and Sun Valley now on paper that means that they may go -- our fly fishing.

But off the record it also means that maybe they're taking about deals.

You know we've got apple CEO Tim Cook is here.

And that may be looking for some content -- is for apple TV that wants -- disrupt.

The entire TV -- One possible partner easier to.

David's -- law of discovery communicated his cable channels look what's more Bible now giving Comcast new deal to sell 15% stake in any cable network.

But three billion dollars.

And enemies are here to actually Viacom CEO believe -- mom this morning took up pot shot at -- DirecTV are yanking two dozen Viacom channels off of that Eric.

And I'm sure DirecTV CEO Mike White part about it.

'cause he's here as well and he just shot back in an interview the Wall Street Journal just put out and moments ago I talked with the Michael Eisner.

The former Disney -- now a year ago -- very pessimistic on the economy and he turned out to be right.

And now he's not feeling all that much better give a listen.

I think it.

-- I have no information that you don't have much more information about -- I don't think it's a disaster but I don't think we're gonna see in May -- little bump for the election.

But I think we have another -- -- ourselves through this yes mrs.

And doubt either further said that it is the device of election -- is.

Harding our economic outlook he says he doesn't think anything's gonna really.

Bump up until after election is over because frankly it's depressing all of us actually -- -- to that nothing getting done in Washington all right --

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