A group of Disney shareholders exercises its right to demand equipment linked to the company’s decision last week to suspend the late evening of Jimmy Kimmel, a precursor of a potential trial.
In a letter to Disney, the American Federation of Teachers and Journalists Without Borders said that there was “a credible basis to suspect” that the Council violated its fiduciary obligation towards investors by prioritizing “inappropriate political and affiliated political considerations”.
“The fallout from the suspension Jimmy Kimmel Live! aroused criticism as an attack on freedom of expression, sparked boycotts and union support for Mr. Kimmel, and has dropped Disney’s stock in the midst of fears of damage and concerns of the brand that Disney was an accomplice to succumb to the surpassing of the government and the censorship of the media, “said the letter, reported by Semaor.
The chain of events which led to the shooting of the program took place unusually quickly, starting with a barely life threat of the president of federal communications Brendan Carr that her agency could take measures against the network on accusations according to which the end of evening host has poorly charged the policy of the man who would have killed Charlie Kirk. In five hours, Nexstar, owner of ABC affiliation stations across the country, said that she would preempt the show. A few minutes later, ABC sold.
The consequences, which triggered national debates on censorship, have seen calls to boycott Disney subscriptions and talent threats indicating that they would stop working with the studio until Kimmel is allowed to return. Last week, Disney actions fell by more than 2%, its market value dropped by almost $ 4 billion.
The shareholders request documents from the board of directors linked to the suspension of Kimmel. They also seek communications with government representatives, Nexstar and Sinclair about the decision; Disney transactions copies on stations affiliated with pre -empty programming; policies concerning the moderation of programming at the end of the evening; and information on the company’s capacity to obtain regulatory approval in other areas of its activities.
The purpose of so -called “books and files” demand is to investigate potential misconduct. Depending on what they discover, investors could take legal action by shareholders. “There is a credible basis to suspect that the Board of Directors and the leaders may have violated their fiduciary duties of loyalty, care and good faith by placing inappropriate political or affiliated considerations above the best interests of the company and its shareholders,” said the letter, which quotes the concerns of the question of whether Disney has taken into account the megamenger of 6.2 billion Dollars from Nexstar to Tegna.
Although Kimmel was authorized to return to ABC, Disney will probably continue to see the training effects of its manipulation of the suspension. On Tuesday, President Trump said on Truth Social: “I think we are going to test ABC on this subject. Let’s see how we do it.”
In a statement, Roberta Kaplan, lawyer for shareholders who represented E. Jean Carroll in prosecution by sexual abuse and defamation against Trump, said that major media societies “should not succumb to unconstitutional threats or blackmail”. She added: “ABC was the network to execute the series School rock Over fifty years ago. His leadership should pay attention to the important lessons he has taught. »»
