Alex Rodriguez talks hosting Ozy Fest, the 'SXSW of New York'

News media company Ozy Media is announcing its fourth annual "Ozy Fest." The event is billed as a two-day music and comedy festival and is set to take place this summer in New York City. Carlos Watson, co-founder and CEO of Ozy Media, and Alex Rodriguez, the famous baseball player, join "Squawk Box" to discuss the event. They are both hosting the event.