Streaming is the future of media, but Peacock may not have a seat at the table.
Comcast's (CMCSA -0.37%) NBC Universal is burning billions of dollars trying to get a streaming business off the ground. But it may never succeed, and would be better off simply licensing content to other streaming networks. That's what Travis Hoium digs into in this video.
*Stock prices used were end-of-day prices of May 31, 2023. The video was published on June 4, 2023.
Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool recommends Comcast and recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
