Black Panther Roars; Biden and China Shake Hands; Ari Emanuel 11/14/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 14 November 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Black Panther: Wakanda Forever breaks the box office, showing the second highest opening weekend of 2022 and grossing $180 million domestically. Endeavor CEO Ari Emanuel joins the team to give an update on the appetite for media content as many companies are tightening their spending; Emanuel also speaks to recent controversies of anti-Semitism from celebrities Kyrie Irving and Kanye West. The collapse of crypto exchange FTX continues to shock investors and possibly exposes founder Sam Bankman-Fried to criminal liability. Plus, President Biden meets with Chinese President Xi Jinping today to discuss the countries’ tumultuous relationship. The New York Times Foreign Affairs Columnist Thomas Friedman gives his take on the critically important relationship between the U.S. and China, China’s actions towards Taiwan and the possible future economic impact of intervention. Thomas Friedman, @tomfriedman Kayla Tausche, @kaylatausche Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm the NBC producer Katie Kramer today on Squack Pod.
0:08.0	Content is King says Ultimate Insider Ari Emanuel.
0:12.0	Across the board, everybody's spending. says Ultimate Insider, Ari Emanuel,
0:12.6	Across the board, everybody's spending.
0:14.8	The head of the multi-billion dollar William Morris endeavor
0:18.2	on a new golden age.
0:19.6	There's no indication that there's a less spend. There's actually just more buyers.
0:25.0	And Tom Friedman of the New York Times on China.
0:28.0	Everything we use today in a digitized world is both a weapon and a tool.
0:31.0	I have a Chinese-made toaster. when I toast my bagel in the morning.
0:34.6	Does the PLA know that I like it a little brown? You know I mean?
0:38.0	The very high stakes while President Biden meets China's leader face to face.
0:42.4	The US-China relationship is the most important
0:45.3	geopolitical and geo-economic relationship today.
0:49.3	Plus the FTX crypto collapse collapses on.
0:52.8	I don't know where this leads.
0:54.1	This lead to criminal charges.
0:56.4	What it means to investors.
0:58.0	But the money is gone.
0:59.0	We'll see.
0:59.5	The money is likely gone to money heaven.
	...

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