The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, as well as analysts Austin Smith and Eric Bleeker discuss the top business and investing stories of the day.

NewsCorp (NASDAQ:FOXA) is launching a Fox Sports channel to compete with Disney's (NYSE:DIS) ESPN. In this installment of MarketFoolery, our analysts talk about the competition between the two media giants.

The relevant video segment can be found between 8:55 and 11:38.

For the full video of today's MarketFoolery, click here.

Austin Smith has no position in any stocks mentioned. Chris Hill owns shares of Walt Disney. Eric Bleeker, CFA has no position in any stocks mentioned. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.