AT&T Reveals Cord-Cutting Is Kicking Higher; Fox Gets Kicked by Its Soccer Deal
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser, Supernova and Rule Breakers' David Kretzmann, and Motley Fool Hidden Gems' Andy Cross consider the news that AT&T (NYSE: T) lost 90,000 net video subscribers last quarter -- and even that number was inflated by acquisitions. Meanwhile, Fox (NASDAQ: FOX) (NASDAQ: FOXA) is probably wincing over how much it paid for U.S. rights to broadcast the 2018 World Cup Soccer tournament, which the U.S. men's team will be watching from their couch.
A full transcript follows the video.
Source: Fool.com
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