The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Tim Hanson, discuss the top business and investing stories of the day.
Verizon (NYSE:VZ) is looking to shake up the cable television business by paying television providers based on how many people actually watch their channel. Disney's (NYSE:DIS) ESPN averages around 1 million viewers. Comcast's (NASDAQ:CMCSA) USA Channel averages around 1.3 million viewers. Verizon paid $5 per household per month for ESPN but only $0.68 per month for USA. What would Verizon's plan mean Disney and Comcast? What would the plan mean for Netflix (NASDAQ:NFLX)? In this installment of MarketFoolery, our analysts discuss the potential game changer.
The relevant video segment can be found between 12:06 and 17:35.