NFL on the Defense & Spotify, Platform or Publisher?
In the wake of Brian Flores’s lawsuit against the NFL and three of its teams, CNBC’s sports business reporter Jabari Young and Washington University’s director of the sports business program Patrick Rishe discuss the legacy of racial inequity in the league and the ripple effects of the ex-head coach’s allegations. Journalist and Yale University lecturer Joanne Lipman considers Spotify’s decision to stand by Joe Rogan, even as more musicians follow Neil Young’s lead. Spotify’s $100 million check to the podcaster brings the company into the debate about content moderation and protections: is it a platform, or a publisher? Tech stocks, which led the market sell-off in January, have been key drivers of the three-day rebound, and Google-parent Alphabet’s strong quarter is pushing its stock--and the rest of the tech cohort--even higher. Meanwhile, shares of PayPal slipped over 25% a day after the company provided weak guidance that it blamed in part on inflation. Plus, Elon Musk is defending his infamous 420 tweet (again), and a whole lot more winter is coming! In this episode: Patrick Rishe, @PatrickRishe Joanne Lipman, @joannelipman Jabari Young, @JabariJYoung Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY
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