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Sports are in trouble with the cable bundle dying, but there's a way streaming could pick up the slack.
Streaming companies have shown that advertising is a big moneymaker, and that could be key to making the economics of streaming sports work. Travis Hoium and Jason Hall discuss the potential future in this video.
*Stock prices used were end-of-day prices of June 1, 2023. The video was published on June 8, 2023.
Jason Hall has positions in Walt Disney. Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool 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.
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