StockNews.AI
NXST
CNBC
10 hrs

Nexstar evaluating status of 'Jimmy Kimmel Live' for ABC stations after late night show's return

1. Nexstar is evaluating the return of 'Jimmy Kimmel Live!' on ABC affiliates. 2. Kimmel's show was preempted on Nexstar's stations, affecting market access. 3. Nexstar and Sinclair together own about 70 ABC affiliate stations. 4. Disney temporarily suspended production on Kimmel’s show after recent controversial comments. 5. Kimmel's comments linked to political controversies could risk affiliate broadcast licenses.

4m saved
Insight
Article

FAQ

Why Bearish?

Nexstar's decision to preempt popular programming may lead to lower viewership and advertising revenue, potentially mirroring negative impacts seen previously with similar situations in the media sector, where affiliate disputes directly affected stock performance.

How important is it?

The article discusses Nexstar's strategic decisions concerning programming that directly influences its market presence and financial performance, making it relevant for understanding potential future stock behavior.

Why Short Term?

The immediate decision affecting 'Jimmy Kimmel Live!' could result in short-term declines in viewership and missing advertising revenue opportunities, though the long-term impact will depend on resolution and programming changes.

Related Companies

Related News