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Investors Threaten Lawsuit, Seeking Transparency on Decision to Pull and Reinstate ‘Jimmy Kimmel Live!’
Following the controversial, weeklong suspension of Jimmy Kimmel Live! by Disney-owned ABC, various investor groups are now demanding internal records to understand the rationale behind the company’s decision. The suspension, which occurred on September 17, and the show’s return on September 23, have raised concerns among shareholders.
Related – Jimmy Kimmel Returns to Late Night, Addresses Charlie Kirk Controversy in Emotional Monologue
According to a letter obtained by Seeking Alpha, lawyers representing these investor groups asked Disney to release the records within five business days, threatening legal action if the company does not comply. The investors contend they have the right to investigate whether Disney executives fulfilled their fiduciary duties during the controversy.
The letter condemned the initial decision to suspend the program, stating, “Although we are pleased that ABC did the right thing and put Jimmy Kimmel back on the air last night, due to the Trump administration’s continued threats to free speech, including with respect to ABC, we are writing to seek transparency into the initial decision to suspend him and his show.”
The investors suggested that “the Board and executives may have breached their fiduciary duties of loyalty, care, and good faith by placing improper political or affiliate considerations above the best interests of the Company and its stockholders.”
The original suspension followed remarks made by Kimmel regarding the assassination of Charlie Kirk. Kimmel had said, “We hit some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it.” Disney and ABC ultimately decided to return the show after “thoughtful conversations” involving CEO Bob Iger and Disney Entertainment chief Dana Walden.
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