Intel (NASDAQ:INTC) is reportedly willing to pay big to become a player in streaming television, hoping to upend the cable industry. This could change the monopoly market conditions Comcast (NASDAQ:CMCSA) and Time Warner (UNKNOWN:TWC.DL) have built in cable and it may open up the industry for streaming companies like Apple (NASDAQ:AAPL) and Netflix (NASDAQ:NFLX) as well. Fool contributor Travis Hoium tell investors what he thinks of Intel's big bet in the video below.
Fool contributor Travis Hoium manages an account that owns shares of Apple, Microsoft, and Intel and is personally short shares of Amazon.com. The Motley Fool recommends Amazon.com, Apple, Google, and Intel. The Motley Fool owns shares of Amazon.com, Apple, Google, Intel, and Microsoft. 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.
