Hollywood is taking out the trash and cooking up new shows. Yet in this instance, "new" is a relative term. Comcast's (NASDAQ:CMCSA) NBCUniversal is rebooting the 1960s detective series Ironside, with Blair Underwood replacing the late Raymond Burr in the wheelchair.
The news comes as cable and online alternatives offer more original programming. AMC Networks (NASDAQ:AMCX) has television's top-rated show in The Walking Dead. Netflix (NASDAQ:NFLX) has received excellent reviews for new series House of Cards and Hemlock Grove. Time Warner's (NYSE:TWX.DL) HBO unit just reupped medieval drama Game of Thrones for a fourth season following strong ratings.
Add it all up, and you have what appears to be a permanent shift away from the studios and toward the upstarts, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova in the following interview with the Fool's Erin Miller. Old Hollywood isn't about to die off anytime soon. But don't get too caught up in stocks such as Comcast, Tim advises. Instead, take small bets on TV Anywhere plays that also have interests in original programming.
Please watch the video to get Tim's specific picks, and then let us know which Hollywood stocks you like most right now.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Google, Netflix, and Time Warner at the time of publication. He was also long January 2014 $50 Netflix call options. Erin Miller had no position in any stocks mentioned. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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