Since 2008, the number of hours Americans spend watching some type of media, be it conventional television, streaming media online, or videos on a mobile device, has shot up 23%. In this video, Motley Fool consumer goods analyst Blake Bos says that number is only set to continue upwards, as the baby boomer generation reaches retirement. This is because Americans age 65 and over watch 48% more television than the average viewer. Blake stresses just how much this trend could boost content producers across several media types, and gives investors a few of his picks.
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The number of hours we spend watching some form of media is rising quickly. How can investors profit from the trend?
Blake Bos has no position in any stocks mentioned. The Motley Fool recommends AMC Networks and Walt Disney. The Motley Fool owns shares of Walt Disney. 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.
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