Disney Shareholders Seek Records on Jimmy Kimmel Suspension
Just the facts

Disney Shareholders Seek Records on Jimmy Kimmel Suspension

Summary

A group of Disney shareholders, including the American Federation of Teachers and Reporters Without Borders, has requested internal documents related to the recent suspension of late-night host Jimmy Kimmel, citing concerns over potential fiduciary breaches.

A coalition of Disney shareholders, comprising the American Federation of Teachers and Reporters Without Borders, has formally requested access to internal records concerning the recent suspension of late-night host Jimmy Kimmel. The group expressed apprehension that the decision may have prioritized political or affiliate considerations over the company's and its shareholders' best interests.

In a letter addressed to Disney's board, the shareholders stated, "There is a credible basis to suspect that the Board and executives may have breached their fiduciary duties of loyalty, care, and good faith by placing improper political or affiliate considerations above the best interests of the Company and its stockholders."

The suspension followed Kimmel's remarks about conservative activist Charlie Kirk, which led to threats from affiliates Nexstar and Sinclair to preempt his show. The shareholders are seeking documents that detail the financial impact of the suspension, communications between Disney executives and affiliates, and any correspondence with federal agencies or political organizations.

The group has given Disney five business days to comply with the request, warning of potential legal action to obtain the records if the company fails to respond. Disney has not yet commented on the shareholders' demands.

Fact-checking

Fact-check the facts of the article using external sources and databases.

✓
Confirmed

A coalition of Disney shareholders, comprising the American Federation of Teachers and Reporters Without Borders, has formally requested access to internal records concerning the recent suspension of late-night host Jimmy Kimmel.

✓
Confirmed

The group expressed apprehension that the decision may have prioritized political or affiliate considerations over the company's and its shareholders' best interests.

✓
Confirmed

In a letter addressed to Disney's board, the shareholders stated, 'There is a credible basis to suspect that the Board and executives may have breached their fiduciary duties of loyalty, care, and good faith by placing improper political or affiliate considerations above the best interests of the Company and its stockholders.'

✓
Confirmed

The suspension followed Kimmel's remarks about conservative activist Charlie Kirk, which led to threats from affiliates Nexstar and Sinclair to preempt his show.

✓
Confirmed

The shareholders are seeking documents that detail the financial impact of the suspension, communications between Disney executives and affiliates, and any correspondence with federal agencies or political organizations.

✓
Confirmed

The group has given Disney five business days to comply with the request, warning of potential legal action to obtain the records if the company fails to respond.

✓
Confirmed

Disney has not yet commented on the shareholders' demands.

Keep reading — for free

Create a free account to follow the news. No card required.