The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill and analysts Matt Koppenheffer and Matt Argersinger discuss the top business and investing stories of the day.
ESPN has been a cash show for Disney (NYSE:DIS), but the sports network is not immune to the rising cost of sports content. ESPN announced that it's laying off 300-400 employees, upwards of 6% of staff. In this installment of MarketFoolery, our analysts discuss the cost of content and the future of ESPN.
The relevant video segment can be found between 14:56 and 17:42.
Chris Hill owns shares of Walt Disney. Matt Koppenheffer and Fool contributor Matthew Argersinger have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.