Hollywood’s Watershed Moment; DocuSign’s Strong Quarter; NYT’s Call with President-Elect Biden

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 4 December 2020

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tom Friedman, New York Times foreign affairs columnist, shares takeaways from his conversation with President-Elect Joe Biden as negotiations for stimulus wear on and coronavirus cases rise. E-document company DocuSign reported a solid third quarter, building on a 200%+ stock rise throughout the pandemic. DocuSign CEO Dan Springer makes the case for all things electronic even after the pandemic ends. Plus, AT&T’s WarnerMedia will simultaneously release all of its 2021 films for streaming on HBO Max and for viewing in theaters. Rich Greenfield, partner at LightShed, explains why this decision could be a watershed moment for Hollywood and Wall Street.

Transcript

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0:00.0	This is Squawk Pod. I'm CNVC producer Cameron Costa. Today on our
0:06.1	podcast rounding a corner to end the pandemic but still a long way to go.
0:12.0	President-elect Biden's approach to COVID
0:15.0	and Congress's approach to stimulus
0:17.3	with New York Times columnist Tom Friedman.
0:19.8	We're up against Mother Nature.
0:21.8	We haven't been up against her all of us together this way and she is relentless.
0:26.4	Signing off on pandemic stock please.
0:29.7	DocuSign is on a tear. CEO Dan Springer on his company's 20% rise since mid-March.
0:35.0	People see that it's an opportunity to drive digital transformation
0:41.0	and significantly improve their business results. And Friday night and
0:45.0	Friday night flicks. In a surprise move, Warner Brothers may have changed movie theater
0:50.0	traditions forever.
0:51.0	I like the popcorn. Okay, Shocker. I need that fake yellow stuff. It is what I needed and lots of salt.
0:58.0	But industry watcher Rich Greenfield says, don't worry too much.
1:02.0	People are going to go to the movie theaters for many, many years, probably many decades.
1:05.0	I truly believe that there is still going to be a movie business.
1:09.0	It's just going to be more of an event business.
1:11.0	It's Friday, December 4th, 2020. Squackpot begins right now.
1:17.0	Good morning and welcome to Squackbox right here on C. NBC, I'm Andrew Ross-Sorkin, along with
1:21.2	Joe Kernan and Melissa Lee.
1:22.5	Becky's off today.
	...

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