Disney's ABC has filed a lawsuit against the Federal Communications Commission (FCC), accusing the Trump administration of retaliating against the network for its critical coverage by launching an early review of its broadcast licenses. The suit claims the FCC's probe into ABC's diversity policies and the accelerated license renewal process are politically motivated attempts to silence ABC's left-leaning shows. This legal action highlights ongoing tensions between the network and the government, with ABC warning that the administration's actions threaten free speech and press independence. The case will proceed in federal court as ABC seeks to block the FCC's review and protect its licenses.
Netflix shares rose 4% to $78.80 following Bill Ackman's Pershing Square disclosing a new investment in the company, despite the stock being down 16% year-to-date and 37% over the past year. Ackman, who previously owned Netflix in 2022 but exited at ...
Disney-owned ABC has filed a First Amendment lawsuit against the Federal Communications Commission (FCC) after the FCC initiated an early renewal process for ABC's broadcast licenses. The FCC's review was linked to concerns about ABC's diversity, equ...
The Disney Princess brand, launched in 2000 with eight princesses, has expanded to 13 characters and grown into a global lifestyle brand generating over $1 billion in retail sales in 2025. Originally focused on children's toys and apparel, the brand ...
Disney's Experiences division, led by chairman Thomas Mazloum, is balancing large-scale park expansions with smaller updates for loyal visitors, driving record quarterly revenue of nearly $10 billion. Key projects include repairing the iconic yeti an...
