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Motley Fool Hidden Gems Investing

Cable Takes on The Mouse

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 5 September 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

If you can’t watch ESPN right now, it’s because one cable company is taking a stand against Disney. (00:21) Ricky Mulvey and Jim Gillies discuss:  - Charter Communications’ problem with the streaming economy.  - DoorDash’s battle with restaurants over pricing.  -  Why investors may want to look at Canadian banks. Plus, (17:52) Deidre Woollard and Robert Brokamp check in on the bond market, and how investors can benefit from higher rates.  Companies discussed: CHRT, DIS, DASH  Host: Ricky Mulvey  Guests: Jim Gillies, Deidre Woollard, Robert Brokamp  Engineers: Dan Boyd, Rick Engdahl  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

A major cable company tells Disney it's not me, it's you.

0:09.2

Motley full money starts now.

0:11.6

I'm Ricky Mulvey joined today by Jim Gillies.

0:23.8

I am excited for the show we have coming up because today you are fired up.

0:28.9

I'm fired up Ricky, but yeah, today I think you selected the stories deliberately to

0:33.4

provoke an old man's show to cloud so might as well do this.

0:38.6

The first one is the battle between charter communications and Disney.

0:42.4

If you are one of the 15 million paid TV subscribers, you cannot watch Disney networks

0:48.1

on linear television.

0:49.6

That means ESPN.

0:51.6

Jim, this beef is a little bit different than the traditional carriage rights disputes

0:55.9

where one company wants a little bit more money, one company wants a little bit less money

1:01.1

to set the table.

1:02.1

What does charter want from Disney?

1:04.3

Well, charter wants to pay less.

1:09.5

They would like to, I think charter would like to go back about 20 years and maybe do some

1:13.9

other renegotiations, but yeah, no, everyone is fighting over table scraps at this point

1:19.6

because the traditional cable model, which I assert has been dead for at least a decade

1:25.9

and a half, and we've just been watching the cable companies fight over the declining

1:30.8

scraps.

1:32.9

The streaming services, for a consumer perspective, a one-on-one online, for a consumer

1:36.5

perspective, have never been better.

...

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