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DIS
New York Post
6 hrs

Wall Street firm calls for Disney to shut down ABC, move content to streaming after Jimmy Kimmel drama

1. Needham suggests shutting down ABC to reduce regulatory risks for DIS. 2. FCC intervention has increased costs and volatility for DIS shareholders. 3. Kimmel's suspension highlights issues with free speech and regulatory authority. 4. Disney remains committed to sports rights despite declining traditional viewership. 5. Disney's streaming focus contrasts with ABC's declining performance.

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FAQ

Why Bearish?

The suggestion to shut down ABC reflects severe operational challenges. Historical declines in traditional media have often led to immediate stock price drops.

How important is it?

The commentary on ABC and regulatory issues speaks directly to DIS's future. The analysis reflects market sentiment, likely impacting investor decisions.

Why Short Term?

The concerns raised by Needham about regulatory risks are immediate. Previous reports have shown quick impacts on stock prices during news of major operational changes.

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