Current reports are that Warner Brothers Discovery(NASDAQ: WBD) may be licensing some content to Netflix(NASDAQ: NFLX), a move that once seemed unfathomable. In this video, Travis Hoium covers why this could be a great move for both companies.
*Stock prices used were end-of-day prices of June 21, 2023. The video was published on June 25, 2023.
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Travis Hoium has positions in Sony Group and Walt Disney. The Motley Fool has positions in and recommends Netflix, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast and recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
