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Transcripts for BBCNEWS The Media Show 20240604 15:50:00

they came to the conclusion that perhaps elon musk- was not a desirable buyerj but he was the only buyer and the price he was offering posed a better solution from a number- of business perspectives. once they arrived to that - conclusion and understanding they raced to get a deal done. they were up into the night on monday and signed the documents shortly before it was announced monday afternoon. and the deal has been done and the board has accepted the offer. but none of this magics away the tensions between whether twitter is a platform and whether it s a publisher. help us understand how that particular attention placed directly into this emphasis from elon musk on freedom of speech and how he feels like twitter should be doing better on that front. so he even has gone back and forth on the past couple days, when he was trying to launch the bid he talked about how passionately i he felt about freedom of speech,

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Transcripts for BBCNEWS The Media Show 20240604 23:50:00

with a source just to touch l base and my source goes, a deal could happen - maybe monday, maybe not. i was like, what are you talking about? . it happened at an - exceptionally fast speed. to take a step back, - elon musk put the offer out there without any financing. there was a lot of scepticism that was real, it wasn t - legitimate and he lined up on wednesday, displayed i on thursday and all of a sudden it became very real. and the board was faced i with the decision of looking at it s prospect of standing . alone and what its long term business trajectory was. and there was this sense that frankly, it was limited. - there s a of challenge right now with social i media companies, the advertising business is under pressure. - they came to the conclusion that perhaps elon musk- was not a desirable buyerj but he was the only buyer and the price he was offering posed a better solution - from a number of- business perspectives. once they arrive to that - conclusion and understanding

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