Viewsroom: AT&T’s second breakup, Asian super-apps
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 20 May 2021
⏱️ 23 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Where do you find a clear signal in a world of static? |
| 0:03.2 | In a time of rapid change cut through the noise, |
| 0:06.2 | the economist goes beyond the headlines to decode the forces shaping today and defining tomorrow. |
| 0:12.7 | Get the full story. |
| 0:14.1 | It's more than news. |
| 0:15.4 | It's a trusted global perspective. |
| 0:17.2 | The economist know which way is up. |
| 0:20.8 | The views expressed on this podcast are those of the |
| 0:23.9 | participants, not of Reuters News. Welcome to the views room. I'm Rob Cox, the editor of breaking |
| 0:33.2 | views, the potential commentary arm of Reuters News, coming to you from Rome, Italy. The week began |
| 0:38.9 | with a bang in deal terms as AT&T agreed to spin off and merge the cornucopia of media assets |
| 0:44.3 | it bought when it took over time Warner into a smaller rival discovery. The transaction wasn't huge, |
| 0:50.5 | but it was one of those rare and actually refreshing about faces by a big company |
| 0:55.6 | that belatedly recognizes the strategy it had been pursuing for years was flawed. |
| 1:01.2 | Under the telephone company's previous CEO, Randy Stevenson, AT&T got all worked up about |
| 1:06.5 | the need to become a content and media business. It spent over $100 billion for the owner of HBO, |
| 1:12.4 | Warner Studios, Looney Tunes, and CNN. Stevenson even went toe to toe with Donald Trump's |
| 1:17.5 | Justice Department to get the deal approved. So it was kind of mind-blowing to see his successor, |
| 1:22.8 | John Stanky, unwind the whole thing. Lauren Loughlin and Jen Saba break it down for us. |
| 1:28.3 | Meantime, the merger of ride hailing to delivery to payments giant Gojack and online shopping site Tokopedia |
| 1:35.3 | to create an Indonesian powerhouse just a month after Singapore-based rival Grab was valued at $40 billion in a big SPAC deal, |
| 1:42.3 | gave Yuna Galani and Sharon Lamb a chance to discuss |
... |
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