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Squawk Pod

NFL on the Defense & Spotify, Platform or Publisher?

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 2 February 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

In the wake of Brian Flores’s lawsuit against the NFL and three of its teams, CNBC’s sports business reporter Jabari Young and Washington University’s director of the sports business program Patrick Rishe discuss the legacy of racial inequity in the league and the ripple effects of the ex-head coach’s allegations. Journalist and Yale University lecturer Joanne Lipman considers Spotify’s decision to stand by Joe Rogan, even as more musicians follow Neil Young’s lead. Spotify’s $100 million check to the podcaster brings the company into the debate about content moderation and protections: is it a platform, or a publisher? Tech stocks, which led the market sell-off in January, have been key drivers of the three-day rebound, and Google-parent Alphabet’s strong quarter is pushing its stock--and the rest of the tech cohort--even higher. Meanwhile, shares of PayPal slipped over 25% a day after the company provided weak guidance that it blamed in part on inflation. Plus, Elon Musk is defending his infamous 420 tweet (again), and a whole lot more winter is coming! In this episode: Patrick Rishe, @PatrickRishe Joanne Lipman, @joannelipman Jabari Young, @JabariJYoung Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music please.

0:03.0

This is Squawk Pod. I'm C.N.C. producer Cameron Costa.

0:08.0

Today in our podcast, The NFL called out.

0:12.0

Ex head coach Brian Flores is suing the league and three teams alleging racial discrimination.

0:18.3

C. NBC's sports reporter Jabari Young on the sports and the suits legacy.

0:23.6

This is the stage one of a very long fight.

0:25.8

It can get to a point where you start to see more coaches join in

0:28.8

and if that's the case, that could mean trouble for the NFL.

0:32.0

Plus, digging into another controversy,

0:34.8

the Spotify Joe Roggan Saga

0:37.1

with Yale lecturer and journalist Joanne Lippin.

0:40.0

I think the real problem that we come down to

0:42.1

is what is Spotify, and this is a problem

0:45.2

that goes well beyond Joe Robin.

0:48.1

Other stories on our radar, Elon Musk's infamous 420 tweet is back in the news and Alphabet's huge quarter plus

0:56.0

its upcoming stock split may prompt a market rejigger. The problem is that

1:00.8

everybody is now a tech company, don't you think?

1:03.0

Yeah.

1:04.0

It's Tuesday, February 2nd, 2022.

1:07.0

Day one of a lot more winter.

1:11.0

Stupid Groundhog.

1:12.0

Squawk Pod begins right now.

...

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