The next revolution in television
In this installment of Investor Beat: the networks try to figure out what's next, after ABC announces a major change.
Disney (DIS) announces that ABC will become the first broadcast network to stream its shows live online. The Mouse will start streaming shows online beginning Tuesday in New York City and Philadelphia -- and plans to expand to other stations by the end of summer.
So what does Disney’s shift mean for competitors? And what does the move mean for investors? In our lead story on Investor Beat, Motley Fool analysts Jason Moser and Matt Koppenheffer tackle those questions and talk about the future of television.Also making news during Monday’s market action, and covered in Investor Beat:
- Yum! Brands (YUM) slips on a 29% drop in same-store sales in China.
- Nokia (NOK) rises on an analyst's major upgrade.
- Monsanto (MON) falls despite a favorable Supreme Court ruling.
- Activision Blizzard (ATVI) continues its post-earnings decline.
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We cut our TV service 2 years ago and never been happier. TV dinner will only make you fat. It is stressful to have TV with thousand channels and thousand hours of junk ads.
There was always more, always more junks. Customers never won. You can’t beat ads and terrible TV programs.
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Stocks have rallied 177%, and while calling a top is the easiest thing to do, it might not be the most accurate.
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