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 (DIS 0.16%), 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 Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.

The relevant video segment can be found between 14:56 and 17:42.

For the full video of today's MarketFoolery , click here .