Corey Chichizola, contributing editor at Cinemablend, discusses Disney's shareholder meeting where CEO Bob Iger told investors that he does not plan on changing Fox Searchlight's business. We dig into whether this is a smart business move for Disney, whose brand critics say could be disrupted by the specialty studio's edgier, R-rated movies. Chichizola feels it can only enrich Disney's business since it's currently not making a lot of films that are big awards contenders. CEO Bob Iger noted that he was rooting for Fox Searchlight's "The Shape of Water" and "Three Billboards", since Disney did not have any live action movies nominated for Oscars this year. We also talk Disney's planned streaming service, and how the platform can differentiate itself from Netflix and Amazon.

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Musk loses crown as world’s richest to software giant Larry Ellison
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
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