Need some feed back BHW

First off merry xmas to all bhw now i made a hard headed move and got my hands on a domain out of my lane and wanted to no how i should run with it i am a big fan of these streaming site for when i forget to dvr something and as the way i am if i like something i want my own lol so i got my hands on a domain for 1 now here come the dumb ? is it legal to run and make money on a site like this on a us hosting company or i'd have to go overseas.