Jimmy Kimmel Live! returned to ABC airways on Tuesday after being temporarily suspended for the late night host’s political comments following the assassination of Charlie Kirk. Nexstar Media Group (NXST) and Sinclair Broadcast Group (SBGI) have united in boycotting Jimmy Kimmel’s show from broadcasting on their local station.
LightShed Partners partner and media & technology analyst Rich Greenfield weighs in on Disney’s (DIS) ownership of ABC while facing broadcast pressures.
Hear why Needham & Company’s Laura Martin thinks Disney should just shut down ABC in an interview with Yahoo Finance earlier this week. Plex CEO Keith Valory also commented that media companies have a “moral obligation” to uphold free speech practices against government pressures.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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