Welcome Back, NYC! Little Island’s Launch with Barry Diller

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 21 May 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ten years and $260 million later, IAC Chairman Barry Diller and his wife, fashion designer Diane von Furstenberg have unveiled Little Island, the floating park along the west side of Manhattan. In Squawk Box’s first on location interview in over a year, Andrew Ross Sorkin sits down--outside and 6 feet away--with Barry Diller in the 2+ acres of green space now open to the public. The two discuss New York’s sunny reopening after a long, dark year. Plus, the media mogul shares his thoughts on the AT&T-Discovery deal, Amazon’s play for MGM Studios, and where media consolidation leaves Comcast, Disney, and Netflix. Ahead of the Apple vs. Epic Games courtroom drama, Diller weighs in on tech power and regulation. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast
0:05.6	Getting Outside. The newest park in New York City with a backstory fittingly as
0:12.0	dramatic as a Hollywood script.
0:14.0	Things are great.
0:15.0	Isn't this exciting?
0:16.0	In our first on-location interview in more than a year, Andrew Ross Sorkin sits down,
0:20.0	six feet away, with MediaMogelel Berry Diller, the 10-year
0:23.7	260 million dollar pet project worth every penny.
0:27.7	They cross that bridge from New York, all that New York is, and they kind of walk up
0:32.4	the bridge and they enter this place and
0:34.3	it's a little bit kind of like odds. New York, welcome back. There's been this
0:39.1	explosion of people who have lived in the eye of it where you're never really centering in it, but now
0:45.0	you're coming out of it and you just see it on the streets. People are happy. I'm happy.
0:50.0	And it's business as usual when he's not building green space for 8 million New Yorkers
0:54.8	IAC Chairman Barry Diller is eyeing the media market.
0:58.0	Look, Netflix won this several years ago.
1:02.0	They're the only ones who have the scale and the
1:04.1	momentum to keep making these somewhat lunatic investments in programming.
1:09.5	And the appetite for regulation in big tech. I've believed that when you get to
1:15.0	sufficient size regulation is good. It's Friday, May 21st, 2021,
1:21.0	Squack-Pod begins right now.
1:25.0	Good morning everybody.
	...

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