From NASDAQ: 2024-05-02 05:13:00

Amazon (NASDAQ: AMZN) is reportedly spending billions to air NBA games on Prime TV in a long-term agreement. Analyst Travis Hoium questions the sense of this move for the company’s current bundle. Stock prices referenced are from April 30, 2024.

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Travis Hoium, author and affiliate of The Motley Fool, discloses his positions in companies such as Amazon, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast, with a disclosure policy in place. If you subscribe through their link, they may earn compensation. Opinions expressed are independent.



Read more at NASDAQ: Amazon’s Sports Push May Not Pay Off