Saudi’s Next Sports Push & TikTok Dad-ager D’Amelio 03/15/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 15 March 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Saudi Arabia is reportedly making a $1B pitch to the women’s and men’s professional tennis tours, in the Kingdom’s latest push into global sports. Coach to Coco Gauff and former tennis pro Brad Gilbert joins from the Indian Wells tournament to discuss the changes afoot for tennis. TikTok dad-ager and D’Amelio Brands co-founder Marc D’Amelio is managing risk to Dixie and Charli D’Amelio’s TikTok revenue streams as the TikTok divest-or-ban bill progresses in Congress. Plus, United Airlines is looking to Airbus, amid Boeing’s manufacturing issues, and hot inflation data could cool the pace of the Fed’s next move on interest rates. Marc D'Amelio - 17:21 Brad Gilbert - 23:44 In this episode: Brad Gilbert, @bgtennisnation Marc D’Amelio, @marcdamelio Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:04.0	This is Squack-Pod from CNBC.
0:07.0	I'm producer Cameron Costa and on today's episode
0:11.0	Saudi Arabia's billion dollar serve to the tennis world, the sports
0:15.8	washing play and the upside for players even if it goes nowhere.
0:19.8	Pro tennis coach Brad Gilbert joins us from Indian Wells.
0:23.4	If they don't have this offer right now from Saudi Arabia,
0:26.1	maybe this doesn't wake up the grand slams or wake up the other terms
0:29.6	to get something going.
0:32.1	And how Tik-Tok creators are managing risk.
0:35.0	As lawmakers push for their divest or ban bill on the hill,
0:38.0	Dadager to Tik-Tok stars Charlie and Dixie Demelio
0:42.0	is getting ready just in case.
0:44.4	We're in a very fortunate position.
0:46.2	Our run with Tic-Toc has been great.
0:48.2	I do not want to see it get banned, but it could happen and if it does, we're already
0:52.3	planning according.
0:54.2	Those stories plus United Airlines amid Boeing's issues turning to rival
0:59.1	Airbus for planes and Bernie Sanders the Vermont senator pushing for a 32 hour work week.
1:05.8	It's a silliest thing that you've ever heard.
1:08.0	Is it not? You love the work.
1:09.2	I do like a seven day work week. It's Friday, March 15, 2024,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.