Netflix’s Plunge, Disney’s Drama, & America, at Half-Mask 4/20/22

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 20 April 2022

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In a shocking and disappointing report on Wall Street, Netflix revealed a loss of subscribers in the last quarter–its first loss in 10 years. Florida Governor Ron DeSantis is taking aim at Disney by presenting a bill that could revoke the company’s near-autonomy over the 40 square miles it inhabits in the Sunshine State. Skybridge Capital founder Anthony Scaramucci discusses the clash of politics and business, and whether the Governor’s action is a wise retaliation for Disney’s criticism of Florida’s “Don’t Say Gay” bill. Former FDA Commissioner considers the risks for ending the mask mandates–both political, for the CDC, and physical, for all travelers. Plus, Elon Musk is at it again–just in time for his favorite day of the year. In this episode: Anthony Scaramucci, @Scaramucci Dr. Scott Gottlieb, @ScottGottliebMD Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Melissa Lee, @MelissaLeeCNBC Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi there, I'm C. M. C. C. C. C. C. C. C. C. A
0:06.0	C. C. A. C. C. C. C. C. C. C. C. P. Netflix disappoints, pretty much everyone, its own executives, investors, and our own team.
0:16.0	This is popular. No, no, no, no, no.
0:18.0	The question is, why don't you cease the service?
0:20.0	I might. They haven't had any content. The Danish crime dramas aren't doing it for me.
0:25.0	Sums out masks off? The implications of new guidance or lack thereof in America's COVID pandemic with Dr Scott Gottlie.
0:35.0	The risks are longer term and what this does to potentially erode CDC's authority.
0:41.0	And Florida's governor is taking on Disney, the clash of corporations and
0:45.8	politics with investor Anthony Scaramucci.
0:48.3	Revenge is probably not the best political idea. I think this is a huge mistake for him
0:54.6	Those stories plus Elon Musk tweeting again, but then again it is his favorite day
1:00.7	He just likes triggering every I don't, teasing people about 420 still.
1:05.2	What happens if the SEC decides to play a joke on him on 420?
1:09.6	It is Wednesday, April 20, 2022, and Squack Pod begins right now.
1:15.0	Stand under by in three, two, one, Q Andrew.
1:20.0	Good morning and welcome to Squack Box right here on
1:22.0	on CNBC. We're live from the NASDAQ market site in Times Square Man.
1:25.2	We're also working along with Joe Kernan and Melissa Lee.
1:28.0	What could you? Thank you for joining us this morning.
1:30.6	Hello, hello, hello. Becky's off today.
1:34.0	Treasury is our favorite topic.
	...

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