Why Intel Has No Place in Hollywood

By Anders Bylund – Nov 16, 2013 at 2:00PM

NASDAQ: INTC

Intel

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$146B

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(1.77%) $0.61

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$35.11

Price as of April 25, 2024, 4:00 p.m. ET

Intel may be a titan in the semiconductor industry, but the company has no clout in the film and TV sector. Here's why.

Intel (INTC 1.77%) is tapping out of its digital TV service before even hitting the "launch" button. Verizon (VZ -0.68%) is one rumored buyer, but John Malone's Liberty Global (LBTYA -0.61%) media empire would make a lot more sense.

But no matter who ends up running Intel's stillborn digital TV service, one thing is abundantly clear: Intel is big in Silicon Valley, but that doesn't automatically translate into Hollywood success. In the following video, Fool analyst Anders Bylund explains what was wrong with Intel's media ambitions from Day One.

Fool contributor Anders Bylund owns shares of Intel and Netflix. Check out Anders' bio and holdings or follow him on Twitter, LinkedIn, and Google+.

The Motley Fool recommends and owns shares of Amazon.com, Intel, and Netflix.

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