Late-night host Jimmy Kimmel has signed a one-year contract extension with television network ABC and will continue to host his show through May 2027, a source familiar with the matter told Reuters on... ...

Core Viewpoint - Disney shareholders are threatening legal action if the company does not provide documents related to the suspension of late-night host Jimmy Kimmel, which they believe may have been influenced by political pressure [1][2][4]. Group 1: Shareholder Actions - Lawyers representing various shareholder groups have requested Disney to release board records concerning Kimmel's suspension, alleging potential breaches of fiduciary duty by the company's executives [2][4]. - The shareholders claim to have a "credible basis" to suspect that the Board and executives prioritized political considerations over the company's best interests [4][7]. - The letter from shareholders emphasizes the need for transparency regarding the initial decision to suspend Kimmel, especially in light of ongoing threats to free speech [3][11]. Group 2: Financial Impact - Following Kimmel's suspension, Disney's market value decreased by over $4 billion, as criticism mounted from Hollywood and some talent threatened to sever ties with the company [4][10]. - Shareholders are seeking access to financial analyses that estimate the fallout from Kimmel's suspension, indicating concerns over the financial implications of the decision [7]. Group 3: Legal and Regulatory Context - The letter to Disney cites Delaware law, which allows shareholders to demand access to "books and records" to investigate potential corporate wrongdoing [8]. - If Disney does not comply with the request within five business days, the shareholders' legal team has indicated they will pursue litigation to obtain the records [11]. - The shareholder groups are also interested in communications between Disney executives and federal officials or political organizations, which may provide insight into the decision-making process [7][12]. Group 4: Context of Kimmel's Suspension - Kimmel was suspended after making comments linking a shooting suspect to the MAGA movement, which led to backlash from Trump supporters and prompted affiliate owners to pull his show [14][15]. - The controversy surrounding Kimmel's comments has raised alarms within Disney, particularly following remarks from FCC Chair Brendan Carr suggesting regulatory involvement [16].

Group 1 - Nvidia has secured another deal, indicating continued growth and expansion in its business operations [1] - The Federal Reserve's interest rates are perceived as excessively high, which may impact various sectors, including technology and finance [1] - Disney has reinstated Jimmy Kimmel's show, reflecting a strategic move to enhance its entertainment offerings [1]

Core Points - ABC has decided to pull Jimmy Kimmel's show off the air "indefinitely" following controversial comments made by Kimmel regarding Charlie Kirk [1] - The decision was confirmed by a spokesperson from ABC to Business Insider [1] Group 1: ABC's Decision - The indefinite suspension of Kimmel's show is a direct response to his comments made during a recent episode [1] - Kimmel's remarks included criticism of the MAGA group in relation to a murder case involving Charlie Kirk [1] Group 2: Backlash and Industry Response - The backlash against Kimmel's comments intensified after FCC chair Brendan Carr condemned them, labeling them as "the sickest conduct possible" [2] - Carr indicated that affiliate licenses could be reviewed, emphasizing that broadcasters must operate "in the public interest" [2] - Following Carr's statements, Nextstar announced it would replace Kimmel's show with alternate programming, expressing strong objections to Kimmel's comments [2]

Core Viewpoint - Disney is discontinuing Jimmy Kimmel's late-night show on ABC following his comments regarding the death of conservative activist Charlie Kirk [1] Group 1 - Disney's decision reflects the company's response to controversial remarks made by a prominent host [1] - The action may indicate a shift in content management and public relations strategy within the company [1]