Disney's Own Stars Join Boycott Against ABC After Jimmy Kimmel Show Suspension

Disney's Reputation Takes a Hit as ABC Suspends Jimmy Kimmel's Show The entertainment giant is facing a backlash from its own stars and customers after suspending comedian Jimmy Kimmel's late-night show over remarks about the assassination of conservative activist Charlie Kirk. The move has sparked a wave of boycotts, with Disney's stock price taking a hit. Financial Impact: Disney's (DIS) stock price fell 2.5% on Friday, wiping out $4 billion in market value. ABC's suspension of Kimmel's show is estimated to cost the network around $10 million per week in advertising revenue. The boycott has already led to a significant drop in subscriptions to Disney-owned streaming services, with estimates suggesting a loss of 1.5% of subscribers. Company Background: Disney is one of the largest media and entertainment companies in the world, with a market value of over $250 billion. Its ABC network is a major player in late-night television, with Kimmel's show averaging around 2 million viewers per night. Market Implications and Reactions: The suspension of Kimmel's show has sent shockwaves through the entertainment industry, with many calling for a boycott of Disney-owned properties. The hashtag BoycottDisney is trending on social media, with users sharing screenshots of canceled subscriptions to Disney+ and other streaming services. Industry insiders are warning that the backlash could have long-term consequences for Disney's reputation and bottom line. "This is a major blow to Disney's brand," said one analyst. "The company needs to take swift action to address the concerns of its customers and stakeholders." Stakeholder Perspectives: Disney stars, including some who have worked on ABC shows, are speaking out against the suspension of Kimmel's show. "I'm disappointed in Disney for censoring Jimmy's free speech," said actress Ginnifer Goodwin, who has starred in several Disney-owned films. Kimmel himself has remained silent on the matter, but his fans are rallying around him on social media. "Jimmy's a talented comedian and a true original," said one fan. "I'll be sticking with him no matter what." Future Outlook and Next Steps: As the boycott continues to gain momentum, Disney is facing increasing pressure to address the concerns of its customers and stakeholders. The company has yet to comment on the suspension of Kimmel's show or the impact it may have on its business. Industry insiders are predicting a long and difficult road ahead for Disney as it tries to repair its reputation and restore customer trust. "This is a major crisis for Disney, and one that will require swift action and decisive leadership," said one analyst. In the meantime, fans of Kimmel and other Disney stars are being encouraged to speak out against the company's actions. As one fan put it, "We need to stand up for our rights as consumers and demand better from the companies we support." *Financial data compiled from Fortune reporting.*