Disney investors demand details into company's Jimmy Kimmel suspension

Core Viewpoint - A group of Disney investors is demanding the company provide documents related to the suspension of Jimmy Kimmel's late-night show, citing concerns over media censorship and potential brand damage [1][3]. Investor Concerns - The investors, including lawyers for the American Federation of Teachers and Reporters Without Borders, highlighted that Disney's stock experienced significant declines following the abrupt suspension of Kimmel's show [2]. - The letter from the investors indicates that the suspension has led to criticism regarding free speech, boycotts, and union support for Kimmel, raising fears about Disney's complicity in government overreach and media censorship [3]. Legal Demands - The investors are requesting copies of meeting minutes, agendas, and materials presented to Disney's board concerning Kimmel's suspension, citing Delaware law that allows shareholders to investigate potential wrongdoing by board members [4]. Timeline of Events - Disney suspended Kimmel's show "indefinitely" on September 17 after controversial comments made by Kimmel regarding a political incident [5]. - Following Kimmel's comments, FCC Chair Brendan Carr criticized him and indicated that the FCC would ensure accountability for companies airing the show, suggesting potential regulatory actions [6]. - Nexstar Media Group announced it would preempt Kimmel's show, labeling his comments as "offensive and insensitive," which led to Disney's decision to halt the show without further explanation [6][7]. - ABC, owned by Disney, initially announced the indefinite suspension but later stated the show would return, although Nexstar and Sinclair Broadcast Group would continue to preempt it, affecting 25% of TV audiences [7].