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Transcripts for BBCNEWS The Media Show 20240604 01:49:00

a tumultuous few years. oh, yes. i mean, it s impossible to even address that, respond to what use just said without talking about twitter. i think, in many ways, twitter is sort of the hub for the many spokes of how news is, what news takes hold, who pays attention to what, and what storylines dominate. let s talk about twitter. of course, this jaw dropping announcement came on monday, it s a major news source vivian explains, elon musk has had an offer of $41; billion accepted for the whole thing. lauren hirsch from the new york times, you ve been reporting on this in detail. while it would ve been jaw dropping however long it took but to happen so quickly really took us all by surprise. how did that happen? it was incredible. i was at a show texting . with a source just to touch

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Transcripts for BBCNEWS The Media Show 20240604 00:49:00

it took but to happen so quickly really took us all by surprise. how did that happen? it was incredible. i was outside a show texting 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? i it happened at an - exceptionally fast speed. the board to take a step back, - elon musk put the offer out there without any financing. there was a lot of scepticism that it was real, it was legitimate, and he lined up financing on wednesday, displayed on thursday i and all of a sudden | it became very real. and the board was faced i with the decision of looking at its 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 buyer, j

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Transcripts for BBCNEWS The Media Show 20240604 12:50:00

lauren hirsch from the new york times, you ve been reporting on this in detail. while it would ve been jaw dropping however long it took, but to happen so quickly really took us all by surprise. how did that happen? it was incredible. i was outside a show texting with a source just to touch l base and my source goes, i a deal could happen maybe monday, maybe not. i was like, what are you talking about? i it happened at an - exceptionally fast speed. the board to take a step. back, elon musk put the offer out there without any financing there was a lot of scepticism that it was real, it was - legitimate, and he lined up financing on wednesday, . displayed on thursday and all of a sudden iti became very real. and the board was faced i with the decision of looking at its prospect of standing - alone, and what its long term business trajectory was, -

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Transcripts for BBCNEWS The Media Show 20240604 04:49:00

and how we consume it is in for a tumultuous few years. oh, yes. i mean, it s impossible to even address that, respond to what use just said without talking about twitter. i think in many ways twitter is sort of the hub for the many spokes of how news, what news takes hold, who pays attention to what, and what storylines dominate. let s talk about twitter. of course this jaw dropping announcement came on monday, it s a major news sources vivian explains, elon musk has had an offer of $41; billion accepted for the whole thing. lauren hirsch from the new york times, you ve been reporting on this in detail. took but to happen so quickly really took us all by surprise. how did that happen? it was incredible. i was outside a show texting with a source just to touch l base and my source goes, a deal could happen - maybe monday, maybe not.

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Transcripts for BBCNEWS The Media Show 20240604 15:49:00

jaw dropping however long it took but to happen so quickly really took us all by surprise. how did that happen? it was incredible. i was at a show texting . with a source just to touch base and my source goes, a deal could happen - maybe monday, maybe not. i was like, what are you talking about? . j ididn t i didn t know a deal could happen, let i didn t know a deal could happen, tet atone ididn t know a deal could happen, tet atone by i didn t know a deal could happen, let alone by tomorrow. 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 it was real, it was legitimate and he lined up on wednesday, displayed on thursday and all l of a sudden it became very real. and the board was faced - with the decision of looking at its 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 l

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