Olympics Opening Ceremonies: Airbnb’s Brian Chesky & IAC’s Barry Diller 07/26/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 26 July 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

On the ground in Paris for the Olympics, Andrew Ross Sorkin gets a head start on interviews with the Games attendees, hours before the opening ceremonies on the Seine. Joe Kernen and Becky Quick, in New York until their trips to Paris over the weekend, discuss France’s millions of Olympics visitors and security concerns as the city fills up. Already there is Airbnb CEO Brian Chesky, who says hundreds of thousands of those visitors booked stays through his platform–including one lucky couple staying in the Musée d’Orsay. Also settled for the Games: IAC chairman Barry Diller. The media mogul and Democratic donor discusses why he stopped supporting President Biden’s reelection campaign and why he has full faith in Vice President Kamala Harris. Plus, a veteran media executive, Diller explains why he is no longer vying for Paramount Global. Tune into the Olympics on NBC for the opening ceremonies and all the Games! Barry Diller - 05:48 Brian Chesky - 25:43 In this episode: Brian Chesky, @bchesky Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:10.0	The Paris Olympics begin today.
0:12.0	Millions are headed to France for the events.
0:14.0	So where is everybody staying?
0:16.0	AirB&B CEO Brian Chesky says many have booked with him.
0:19.0	We are literally hosting hundreds of thousands of people.
0:22.0	In fact, the number of people are hosting, you could fill the literally hosting
0:23.8	you could fill the Olympic stadium five times over.
0:28.7	One of the visitors in Paris, IAC Chairman Barry Diller,
0:32.0	the media mogul and Democratic donor, called for President
0:34.9	Biden to end his re-election bid, and he's rooting for the VP.
0:38.6	Do not discount Kamala Harris.
0:41.6	Why the veteran media exec is no longer in the running for Paramount Global.
0:46.0	It is unwise to get in an auction with someone who has a pretty much unlimited balance sheet.
0:53.0	That balance sheet is Larry Ellison's personal bank account.
0:56.0	Plus what he hopes to see in the next administration, like a change from the FTC's
1:00.9	Lena Khan?
1:01.9	Would you lobby for that?
1:03.0	Yeah, I would.
1:04.0	You would.
1:05.0	Yeah, I think she's a dope.
	...

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