Core Viewpoint - Nexstar Media Group will continue to preempt "Jimmy Kimmel Live!" despite ongoing discussions with Disney, focusing on community interests and reflecting diverse perspectives [1][2]. Group 1: Company Actions - Nexstar Media Group, a major owner of local TV stations, has decided not to air Kimmel's show, marking it as the first major station group to take this action [2]. - Sinclair Broadcasting Group, the largest owner of ABC stations, also declined to air Kimmel's return, with uncertain plans for future broadcasts [4]. - If Sinclair continues to refuse airing Kimmel, approximately 25% of ABC stations will not broadcast the show, leading viewers to rely on Disney's streaming services for access [8]. Group 2: Industry Context - Nexstar's decision is under scrutiny due to its pending $6.2 billion merger with Tegna, which requires FCC approval [2]. - Kimmel's return was influenced by significant pressure, including calls to cancel Disney+ subscriptions and public support from Hollywood actors and congressional Democrats [9].

NFL Television Rights - NFL Commissioner Roger Goodell indicated that the league could renegotiate its television rights with media partners as early as 2026, four years ahead of the current agreement's opt-out clause [2][3] - Goodell emphasized that the NFL is "leaving money on the table" compared to other recent sports media deals, suggesting potential for increased revenue [3][4] - The current $111 billion, 11-year rights deal includes an opt-out clause after the 2029-30 season, with Disney having an additional year of rights [4] Financial Implications - A new deal could lead to an increase in the salary cap for NFL teams, providing them with more financial flexibility to spend on players and expand rosters [5] Stock Market Reactions - Micron Technology (MU) experienced a decline following a sell-the-news reaction despite better-than-expected quarterly results [6] - Freeport-McMoRan (FCX) is facing a slump after guiding for lower Q3 consolidated sales for copper and gold compared to previous forecasts [7][8] - Acadia Healthcare (ACHC) saw a rally after Engine Capital reported a 3% stake and pushed for board changes [9][10] Housing Market - New home sales in August surged by 20.5% to an annual rate of 800,000, significantly exceeding the consensus estimate of 650,000 and marking a 15.4% increase from the previous year [11] Autonomous Trucking Industry - Gatik, an autonomous trucking startup, announced a significant expansion of its partnership with Loblaw Companies, deploying 20 autonomous trucks by the end of 2025 and an additional 30 by the end of 2026 [12][14] - This initiative aims to create one of the largest autonomous commercial truck fleets in North America, initially operating with safety drivers before transitioning to driverless operations [14] Economic Growth Projections - Goldman Sachs analysts project potential GDP growth to accelerate above 2% in the coming years, driven by advancements in AI [15] - AI is estimated to boost productivity growth to 1.7% through 2029 and 1.9% in the early 2030s, potentially leading to GDP growth in the range of 2.1-2.3% [15][16] - Earlier estimates suggested that generative AI could increase global GDP by approximately $7 trillion over the next decade [16][17]

Core Viewpoint - Univision is opposing Google's YouTube TV decision to remove its channel from the main bundle, alleging discriminatory and political implications, especially in the context of upcoming elections [1][2]. Group 1: Company Actions and Reactions - Univision is launching a national advertising campaign, including an open letter from CEO Daniel Alegre, urging Google to reconsider its decision, which he describes as a "Hispanic tax" [4][11]. - The CEO emphasizes the importance of the Hispanic vote in upcoming elections, noting that over four million new Hispanic voters have registered since 2020, making their voice crucial [5][6]. - YouTube TV has stated that Univision's demands are not justified by their performance on the platform, indicating that if an agreement is not reached by September 30, Univision's programming will be removed [6][8]. Group 2: Market Context and Implications - The decision to remove Univision comes at a politically sensitive time, with key gubernatorial elections approaching, which could impact the Hispanic vote significantly [2][5]. - Alegre points out that other distributors, including Hulu and Comcast, recognize the value of Univision's content and its connection to the Hispanic market, contrasting YouTube's stance [8]. - The Hispanic vote has shown a notable shift, with Trump receiving 46% of the Hispanic vote in the 2024 presidential election, indicating changing dynamics in voter behavior [9].

Boeing - Boeing has secured its largest single order to date, delivering 147,879 planes to Uzbekistan in a deal worth over $8 billion, which has positively impacted its stock price, increasing by more than $4 or nearly 2% [1][2] Energy Sector - The energy sector is experiencing price increases due to geopolitical tensions, particularly involving Russia and NATO countries, which could lead to higher crude oil prices [7] - Companies like Halliburton and Schlumberger are expected to benefit from increased demand for energy services as a result of these tensions [8] Disney - Disney is facing challenges with its late-night television segment, particularly with the Jimmy Kimmel show, which has seen a significant decline in market cap, losing approximately $8 billion since a controversial incident [11][14] - The show is losing affiliates, which could further impact Disney's revenue, and there are concerns about the future of the show and its financial implications [12][13] Nuclear Energy - The nuclear energy sector is gaining attention, particularly with small modular reactors (SMRs), which are expected to provide power for small cities and data centers, indicating a growing market for these technologies [16][17] - Stocks in the nuclear sector have seen significant price increases, with one stock rising from $94 to $142 in a short period, reflecting strong market interest [18]

Core Viewpoint - The suspension of Jimmy Kimmel's show by local affiliates Nexstar and Sinclair highlights the complex relationship between local TV stations and national broadcasters, particularly in the context of differing audience values and programming decisions [1][16]. Group 1: Company Overview - Nexstar Media Group operates 28 ABC affiliates and owns or partners with over 200 stations across 116 U.S. markets, including major cities like Nashville and New Orleans [5][6]. - Sinclair Broadcast Group operates 38 local ABC affiliates and owns or provides services to 178 TV stations in 81 markets, maintaining a conservative viewpoint in its broadcasts [7][8]. Group 2: Recent Developments - Nexstar announced a $6.2 billion deal to acquire TEGNA Inc., which owns 64 additional TV stations, pending changes to FCC rules on station ownership [6][17]. - Sinclair has decided to preempt Kimmel's show with local news programming, indicating ongoing discussions with ABC regarding the show's potential return [7][17]. Group 3: Industry Dynamics - Local affiliates rely on national broadcasters for programming while also producing their own local content, sharing advertising revenue [9][10]. - The balance of power may favor ABC over local affiliates, as the ABC network constitutes a small percentage of Disney's overall revenue, allowing for alternative distribution methods [15][16]. Group 4: Controversies and Influence - Sinclair faced backlash in 2018 for requiring local anchors to read identical statements, showcasing the influence of corporate directives on local news [12][17]. - The current situation with Kimmel reflects a broader tension between national programming and the values of conservative-leaning communities served by affiliates like Sinclair and Nexstar [15][16].

Two ABC affiliate owners say they’ll continue to preempt late night talk show host Jimmy Kimmel with their own local programming, even after ABC said they would reinstate his show nationally.Nexstar Media Group and Sinclair Broadcast Group’s decision highlights the influence and sometimes-tenuous relationship local TV station owners have with national broadcasters such as Disney-owned ABC.Kimmel was briefly suspended over comments he made in the aftermath of conservative activist Charlie Kirk’s assassinatio ...

Gregg Donovan and Dandidi or "Hollywood Harlequin" display signs at the El Capitan Entertainment Centre, where "Jimmy Kimmel Live!" is recorded to celebrate the show's return on Hollywood Boulevard in Los Angeles, California, U.S. on Sept 23, 2025."Jimmy Kimmel Live!" returns to air Tuesday night, roughly one week after the late night show was suspended by Disney's ABC broadcast network.The program was initially pulled "indefinitely" following comments by host Kimmel during a show monologue that criticized ...

Core Viewpoint - Disney's reinstatement of "Jimmy Kimmel Live!" has intensified the conflict between ABC and local TV broadcasters Sinclair and Nexstar, who collectively own nearly a third of ABC affiliate stations in the US and have decided not to air the show, opting instead for local news [1][2]. Group 1: ABC's Situation - ABC suspended "Jimmy Kimmel Live!" indefinitely due to backlash from Sinclair and Nexstar, as well as pressure from FCC chair Brendan Carr, who threatened to review local broadcast licenses if the show continued to air [2]. - If Sinclair and Nexstar do not air Kimmel's show, ABC's audience may decline, potentially leading to "makegoods" for ad buyers and a long-term decrease in ad rates, further impacting ABC's already declining TV revenue [3]. Group 2: Local Broadcasters' Risks - Local broadcasters may face backlash for boycotting Kimmel, as viewers who support him might turn to streaming services, resulting in a loss of audience for local TV [4]. - Sinclair and Nexstar experienced a decline in ad revenue, with Sinclair's revenue falling by 6% and Nexstar's by 9% in the second quarter, as viewers continue to migrate away from traditional TV [5]. Group 3: Industry Dynamics - Sinclair and Nexstar have gained significant power through consolidation, with Sinclair owning or operating 185 stations and 646 channels, including 40 ABC affiliates, while Nexstar has about 30 ABC affiliates among its 201 stations [11]. - The consolidation has provided these broadcasters with leverage to negotiate better terms and influence ABC's programming, especially in light of perceived biases in late-night TV [12][18]. Group 4: Political Influence - Both Sinclair and Nexstar have conservative-leaning ownership, which may influence their decision to boycott Kimmel's show, reflecting a broader trend of local broadcasters seeking more power in their relationships with networks [16][18]. - Sinclair has made demands for Kimmel's show to return, including an apology to Charlie Kirk's family, indicating a desire to correct perceived biases in late-night programming [17]. Group 5: Late-Night TV Landscape - The late-night TV format is under pressure from both political influences and a challenging business model, with CBS recently canceling Stephen Colbert's show due to financial losses [18]. - Analysts suggest that the decision to deplatform Kimmel aligns with a broader trend of declining relevance for late-night TV, which is seen as less culturally impactful than before [19].

Core Viewpoint - Sinclair Inc. will preempt "Jimmy Kimmel Live!" on its ABC affiliate stations, replacing it with news programming, despite The Walt Disney Co. announcing the show's return [1][2][5]. Group 1: Sinclair Inc. - Sinclair operates the largest network of local television stations, owning, operating, or providing service to 185 television stations in 85 markets [9]. - The company also owns the Tennis Channel and multicast networks such as Comet, Charge!, and The Nest, delivering content through multiple platforms [9]. - Sinclair's history dates back to 1971, founded by Julian Sinclair Smith, and has grown significantly over the decades [10][11][13]. Group 2: Disney's Decision - Disney initially suspended "Jimmy Kimmel Live!" to avoid inflaming a tense situation following comments made about the assassination of Charlie Kirk [5][6]. - After discussions with Jimmy Kimmel, Disney decided to resume production of the show [6]. Group 3: Financial Implications - The preemption of "Jimmy Kimmel Live!" by Sinclair and Nexstar Media Group Inc. may lead to financial repercussions for ABC, as it shuts out certain advertisers [3][11].

work. Needam's Laura Martin says Disney should consider simoc casting ABC's broadcast content on less regulated platforms like Hulu instead. She says that would help generate faster revenue growth for Disney and unlock more shareholder value.She has a buy rating on the stock and a $125 price target. And she joins us now. Uh welcome, Laura.It's good to have you make your case here. Not every day a company, you know, kind of shuts down a a business that still is producing cash flow, has a big audience. So why ...