Walt Disney Stock News

Jimmy Kimmel's fate at ABC is still up in the air as talks with Disney reportedly continue. The late-night host is in ongoing discussions with Disney and ABC executives about the conditions under which his long-running show "Jimmy Kimmel Live!

ABC's abrupt suspension of talk show host Jimmy Kimmel under pressure from the Federal Communications Commission is the latest demonstration of the power President Donald Trump wields to bend media, entertainment and digital platforms to his will, as he uses political pressure to mute criticism and punish institutions he sees as biased against him.

President Donald Trump has suggested his administration should revoke the licenses of broadcast TV stations that are "against" him. The threats are putting an in-the-weeds part of the media business front and center for consumers, and flexing the government's power over a major part of the industry.

Former Disney CEO Michael Eisner issued a statement backing Jimmy Kimmel, whose late-night show was suspended indefinitely by Disney's subsidiary ABC. Kimmel's show was taken off the air for his comments about the killing of Charlie Kirk.

Republican Senator Ted Cruz on Friday compared the head of the Federal Communications Commission to an organized crime figure and criticized threats made against Disney and broadcasters for airing "Jimmy Kimmel Live."

Film and TV writers held a free-speech demonstration in New York on Friday to protest Disney's suspension of talk-show host Jimmy Kimmel and President Donald Trump's efforts to punish broadcasters who speak ill of him or his murdered ally, the right-wing activist Charlie Kirk.

Walt Disney Co. (NYSE: DIS) was in a tailspin when Bob Iger rejoined as CEO in November 2022.

The late-night host wanted to address the firestorm over his remarks about Charlie Kirk's killing on Wednesday's show. Company leaders worried it would make matters worse.