Core Viewpoint - A group of Disney investors is demanding access to company records, alleging that the suspension of Jimmy Kimmel from his late-night show was influenced by political pressures rather than shareholder interests [1][2][3] Group 1: Investor Concerns - Lawyers representing the American Federation of Teachers, AFL-CIO, and Reporters Without Borders are seeking board materials and communications related to Kimmel's suspension [2] - The investor groups claim that the suspension was a response to threats from federal regulators and broadcast affiliates, not a strategic business decision [2] Group 2: Stock Performance - Disney's stock experienced a significant decline following Kimmel's suspension, dropping 3.3% from September 17 to the following Monday [3][4] - Kimmel was suspended after addressing the politicization of the assassination of conservative activist Charlie Kirk in his monologue on September 15 [4] - Although Kimmel returned to ABC, some affiliates, representing about 25% of U.S. households, did not air the program [4]
Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records