Comcast’s Spinoff & A Kansas City Chiefs Hallmark Movie 11/20/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 20 November 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Comcast plans to spin off its cable networks, including CNBC, E!, and MSNBC. CNBC’s founder and NBC Cable’s first president Tom Rogers is optimistic about the move and the influx of resources it might present for cable channels. Delta CEO Ed Bastian joins ahead of the airline’s 100-year anniversary and Delta’s annual investor day. Despite retailers like Target reporting inflation-conscious customers, Bastian says consumers are still spending on travel. While Bastian is confident that Boeing’s new CEO is working on the supplier’s many issues, for now, Delta is “an Airbus customer.” Plus, Kansas City Chiefs President Mark Donovan’s NFL team is partnering up with Hallmark! Donovan discusses the Taylor Swift tailwinds for his fandom. Tom Rogers - 2:21 Ed Bastian - 17:09 Mark Donovan - 28:02 In this episode: Mark Donovan, @Chiefs 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.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.2	Today on Squawk Pod.
0:09.8	Big news for the news, Comcast has spent off its cable networks, which include us.
0:14.9	CNBC, yours truly, ours truly.
0:17.2	What we're expecting and what shareholders can expect.
0:20.7	What should the name be? I just ask AI. They all suck.
0:24.5	With the man who started it all, one of CNBC's founders and our first president, Tom Rogers.
0:30.0	My first thought was the kids are going to be all right.
0:34.5	And another historic brand, Delta, about to turn 100. CEO Ed Bastian speaking to investors
0:41.1	about consumer spending and taking a pause from Boeing while new leadership there irons out the
0:46.6	kinks. He's spending time with his big customers in that regard, letting them know, keeping them posted,
0:52.3	which I appreciate. Right now, we're an Airbus customer, though.
0:55.0	Plus, you don't want to miss our interview with Kansas City Chief's President Mark Donovan.
1:01.0	His team is in its Hallmark era, thanks in part to T Swift.
1:05.0	Two fandoms collide on the Holiday Movie Channel, beloved by all.
1:09.0	Taylor Swift is an authentic member of the Kansas City Chief's Kingdom.
1:13.9	She's an authentic fan.
1:15.9	It's Wednesday, November 20th.
1:18.2	Squawk Pod begins right now.
1:24.1	First up today on the podcast, we're in the news. Comcast, the parent company of CNBC and NBC Universal, is moving forward with a plan to spin off its cable networks.
1:36.0	Channels like USA, E, MSNBC, and, yep, CNBC.
	...

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