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Viewsroom

Disney’s big ESPN choice, Rio Tinto Mongolia drama

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 15 September 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

Activist Dan Loeb backed away from his demand that the $203 bln media firm sell its sports network. In this Viewsroom podcast, Breakingviews columnists debate whether it’s the right move. And the $94 bln mining giant’s attempt to secure copper supply may need heavier machinery. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today

0:10.7

and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.2

The economist know which way is up.

0:20.7

The views expressed on this podcast are those of

0:23.7

the participants, not of Rorges News. The familiar sound of a raucous stadium that beams into

0:35.2

many Disney subscribers' homes through its sports network ESPN.

0:39.8

Welcome back to the views room. I'm your host, Amy Donnellan, coming to you from London.

0:44.4

Late last week, pushy activist Dan Loeb revealed a change of heart on Disney. Having pushed for the

0:51.2

$203 billion media giant to sell its sports network ESPN, he now reckons

0:57.1

it may not be the right time. My colleague Jen Seba in New York discusses some of the reasons why

1:02.4

he may have been right all along. Meanwhile, Rio's copper saga is heating up. The $94 billion

1:09.1

mining giant is trying to gain control of the

1:11.8

Oyutulgoy copper mine in Mongolia by buying out the minority stake in Canada's

1:16.9

Turquoise Hill Resources, which owns a majority stake in the copper project. But much like

1:21.5

the complex ownership, columnist George Hay and Karen Kwok have some interesting views on the next

1:27.3

chapter and how it will play out.

1:35.1

I'm Lauren Silva Loughlin, the U.S. editor of Reuters Breaking Views, and I am here with Jennifer

...

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