Intel (INTC +0.07%) is reportedly willing to pay big to become a player in streaming television, hoping to upend the cable industry. This could change the monopoly market conditions Comcast (CMCSA 0.11%) and Time Warner (NYSE: TWC) have built in cable and it may open up the industry for streaming companies like Apple (AAPL 0.78%) and Netflix (NFLX 0.12%) as well. Fool contributor Travis Hoium tell investors what he thinks of Intel's big bet in the video below.
Can a big bet on TV open a new market for Intel?
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.