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Sports Bets & Billionaires with Fanatics CEO; Blackrock in a Hard Place 12/07/22

Sports Bets & Billionaires with Fanatics CEO; Blackrock in a Hard Place 12/07/22

FromSquawk Pod


Sports Bets & Billionaires with Fanatics CEO; Blackrock in a Hard Place 12/07/22

FromSquawk Pod

ratings:
Length:
30 minutes
Released:
Dec 7, 2022
Format:
Podcast episode

Description

Sports merchandising and betting giant Fanatics has closed yet another round of private financing, bumping the unicorn up to a $31 billion valuation. CEO Michael Rubin discusses his company’s long road to a public listing, the consumer’s appetite for holiday shopping, and his plans for his burgeoning betting business. Plus, the billionaire explains his decision to sell his stake in the 76ers. In other sports news, Aaron Judge is staying with the New York Yankees, for a cool $360 million. Plus, China is easing its zero-Covid policy, Senator Raphael Warnock (D-GA) has emerged victorious in the Georgia runoff, and the world’s largest asset manager Blackrock is facing accusations of hypocrisy from an activist investor.  In this episode:Michael Rubin, @michaelrubinBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
Released:
Dec 7, 2022
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.