We recently published 12 Hot, Cold & Stable Stocks Jim Cramer Recently Discussed. The Walt Disney Company (NYSE:DIS) is one of the stocks Jim Cramer recently discussed. The Walt Disney Company (NYSE:DIS) is a frequent feature of Cramer’s morning show. The firm’s shares have gained 2% year-to-date, and in his previous appearances, Cramer has discussed its streaming business and CEO Bob Iger. Cramer has also praised The Walt Disney Company (NYSE:DIS)’s CEO, Hugh Johnston, and added that the firm stands to b ...

Core Viewpoint - Sinclair Broadcast Group has decided to preempt "Jimmy Kimmel Live!" across its ABC affiliate stations, replacing it with news programming, affecting numerous key markets [1][4][5] Group 1: Sinclair Broadcast Group's Decision - Sinclair will not air "Jimmy Kimmel Live!" starting Tuesday night, replacing it with news programming across its ABC affiliates [1][4] - The decision impacts major ABC affiliates in cities such as Washington, DC; Seattle; St. Louis; Portland; and Rochester [4][5] - Sinclair controls over 180 stations nationwide, with 41 affiliated with Disney-owned ABC, making it the largest owner of ABC affiliates [5][9] Group 2: Kimmel's Suspension and Controversy - Kimmel was suspended by Disney after making remarks linking conservative activist Charlie Kirk's accused killer to the "MAGA gang," which led to protests and calls for a boycott of Disney [5][9][10] - Disney stated the suspension was to avoid further inflaming a tense situation, labeling Kimmel's comments as "ill-timed and thus insensitive" [7][9] - Sinclair has demanded Kimmel issue a direct apology to the Kirk family and donate to Turning Point USA, a conservative group co-founded by Kirk [8][10] Group 3: Ongoing Discussions and Potential Impact - Discussions between Sinclair and ABC regarding Kimmel's potential return are ongoing [2] - Nexstar, which operates 32 ABC affiliates, has not yet decided whether to follow Sinclair's lead, representing nearly a quarter of ABC's household reach [11]

Group 1 - Needham brokerage suggests that Walt Disney should shut down the ABC network instead of selling it, to reduce regulatory risks and enhance valuation [1][6] - The brokerage highlights that recent FCC interventions have made owning broadcasting licenses too costly and volatile for Disney shareholders [1][6] - ABC remains crucial for Disney's audience reach and sports rights negotiations, despite the ongoing shift towards streaming [6] Group 2 - Disney's recent decision to suspend Jimmy Kimmel's show has intensified discussions on free speech in America, particularly in light of conservative backlash [2][3] - The suspension followed FCC Chair Brendan Carr's threat to investigate Kimmel's comments regarding right-wing activist Charlie Kirk, raising concerns about regulatory authority [3][4] - Disney announced Kimmel's return to late-night television shortly after the suspension [3]

Core Viewpoint - Nexstar has decided to preempt Jimmy Kimmel Live! due to comments made by the host that were deemed "ill-timed and insensitive," affecting nearly a quarter of ABC's affiliate reach [1][2]. Group 1: Nexstar's Decision - Nexstar's decision to preempt the show is based on the need for respectful dialogue in the markets they serve [2]. - The company emphasizes that while Kimmel's show will not air on their stations, it remains available on Disney-owned streaming platforms [2]. Group 2: Industry Reactions - Sinclair Broadcast Group, which has the largest number of ABC affiliates, also announced it would not broadcast Kimmel's show [2]. - The FCC chairman warned ABC and its affiliates of potential repercussions following the controversy surrounding Kimmel's comments [3].

Walt Disney should shut down the ABC network rather than sell it and transfer the channel's content to its streaming platforms to lower regulatory risks and unlock higher valuation, brokerage Needham ... ...

Federal Communications Commission Chair Brendan Carr has defended the ABC affiliate that won't show "Jimmy Kimmel Live!" despite the broadcaster reinstating the late-night star. In an X post on Tuesday, Carr said it was "a good thing" that "any local TV stations have pushed back on a national programmer like Disney," which is ABC's owner."After all, local TV stations—not the national programmers—have public interest obligations, and they should be making decisions that in their view meets the needs of thei ...

Disney CEO Bob Iger moved to put late-night host Jimmy Kimmel back on the air after he was “stung” by criticism from his old boss Michael Eisner, whom he “loathes,” according to a report.Iger, who is said to have a reputation for having a “thin skin,” relented on Monday and gave the green light to resume new episodes of “Jimmy Kimmel Live!” without requiring the longtime host to offer up an apology for falsely claiming that Charlie Kirk’s alleged assassin as one of the “MAGA gang.”While Iger was pilloried b ...

Talks for Saudi state oil giant Aramco to buy a minority stake in Spanish energy firm Repsol's renewables unit have hit an impasse, two sources familiar with the matter told Reuters. ...

Core Viewpoint - ABC has suspended the show "indefinitely" following comments made by the late-night host regarding the fatal shooting of Charlie Kirk [1] Group 1 - The suspension of the show is described as "indefinite," indicating that there is no set timeline for its return [1]

Core Points - Shanghai Disneyland Resort announced an expansion of the popular attraction "Soaring Over the Horizon," which will increase its daily capacity by approximately 50% [1] - The attraction will remain open to visitors during the expansion process [1] - In addition to the expansion of "Soaring Over the Horizon," the resort is also developing a new Spider-Man themed area and a third hotel, both of which are progressing steadily [1] Company Structure - Shanghai Disneyland Resort is a joint investment project between The Walt Disney Company and Shanghai Shendi Group, with Shendi holding 57% of the shares in the two owner companies and Disney holding the remaining 43% [1] - The management company, responsible for the resort's operations, is 70% owned by The Walt Disney Company and 30% owned by Shanghai Shendi Group [1]