Wall Street firm calls for Disney to shut down…
Walt Disney ought to shut down the ABC community moderately than promote it and switch the channel’s content to its streaming platforms to decrease regulatory dangers and unlock larger valuation, brokerage Needham wrote in a consumer notice on Tuesday.
The current “FCC intervention has made owning broadcasting licenses too expensive and too volatile for DIS shareholders, in our view,” the brokerage said.
Disney’s choice to take Kimmel’s show off the air last week added fuel to the controversy of free speech in America amid conservative uproar around the late-night host’s…
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