[sgbuffett]

Viacom crash 20% earnings miss, this stock is out of favor

I think its because they need to spend $6B on new content.
Anyway the streaming wars are still ongoing.

Just let it fight out. The basic of Viacom combining live stream sports and on demand content I view is strong.

However I can be wrong and this company may go down as a failure.

The streaming war is tough and this company is a underdog. It has however Spanish content and won rights to world Cup