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Viewsroom

Indian cricket, Brexit breakdown, BlackRock voting

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 16 June 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Disney took half the viewing rights to the country’s top sport league which fetched $6.2 bln. In this Viewsroom podcast, Breakingviews columnists debate who won. They also discuss Boris Johnson's plan to rip up his EU exit deal and BlackRock’s efforts to distribute voting rights. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, just leave on work now. Sorry, it's a bit loud.

0:03.3

Um, basically, so I was thinking we could get Macies tonight. Had a big Mac on my mind all day, and delivery fee on the app is now from 99P. So you win? Of course you are. Love you. Bye! Exclusively on the McDonald's app. 18 plus, service fee and small order fee may apply. Participating restaurants. Serving times and teas and seas apply. The views expressed on this podcast are those of the participants, not of Rogers News.

0:26.4

Indian cricket, Brexit shenanigans and Black Rock voting rights.

0:33.2

Welcome back to the views room.

0:34.9

I'm your host, Amy Donnellin, coming to you from Canary Wharf in London.

0:39.5

The broadcasting rights of Indian cricket have been sold for $6.2 billion.

0:44.8

But there was no outright winner.

0:47.6

Domestic tycoon Mokesh Ambani secured the digital broadcasting rights for the next five years,

0:52.9

while Disney, which was the previous

0:55.0

outright owner, only managed to hold on to the television rights. The split will allow Ambani

1:00.7

to strengthen his streaming service while the Mickey Mouse creator is likely to lose ground in

1:05.3

the world's sixth largest economy. Meanwhile, Britain is seeking to dismantle parts of the Brexit agreement.

1:12.6

Despite signing a deal with the European Union in late 2020, Boris Johnson unveiled legislation

1:17.6

this week that will allow him to scrap parts of the pact that governs trade between Great Britain and Northern Ireland.

1:23.6

But far from needing a helping hand, the region's economy is outperforming the rest of the UK.

1:30.1

Scrapping a legal agreement, however, will create uncertainty that could reverse Northern Ireland's success.

1:36.8

Lastly, Black Rock is encouraging its customers to get voting.

1:41.2

The fund titan that manages some $10 trillion of assets ceding control of some

1:45.9

of the voting rights that come with company shares it manages on clients' behalf. But there's just

1:51.3

one problem. Investors have previously proved that they don't want the hassle. But finding a way

1:57.0

of sharing this burden is important to Boss Larry Fink as company voting has become

2:01.5

increasingly political. First up, Una Galani chats to Anthony Curry about broadcasting rights

...

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