The network pulled the show after the Federal Communications Commission chair threatened regulatory action after the host's comments about Charlie Kirk's death.
It’s not Disney’s fault, really. It’s Sinclair and Nexstar, the affiliate networks. They’re the ones that could have pushed back without drastic financial consequences, and they’re the ones that pressured ABC to can the show.
Disney management has a fiduciary responsibility they cannot ignore. They handled this as well as they could (and likely raised hell behind closed doors).
Put your ire where it belongs: the fascists and their supporters, not the businesses trying to survive this hellscape without breaking laws
There are LOTS of reasons to hate Disney and their management but this isn’t one of them IMO
I’m so sick of this braindead god-damned cop out. A fascist authoritarian has seized power. If your FiDuCiArY rEsPoNsIbIlItY necessitates absconding moral and ethical responsibilities, let the stupid company burn. Sacrifices must be made to achieve and maintain self governance.
Disney management has a fiduciary responsibility they cannot ignore.
Sorry, but this is a complete misunderstanding of how this works.
Recognizing that pulling Kimmel’s show would result in severe harm to the brand, short term and long term, matches that responsibility as well. Shareholders can even make the decision to claim the board (and specifically Iger) were in violation of their duties with this decision. The blowback was obvious and expected.
There has literally never been a case where defending free speech or any other ethical/moral position in the face of imminent business contract impact has successfully been used to defend against a breach of fiduciary responsibility claim.
You are talking about an imminent threat of action from extremely powerful business partners vs a nebulous argument towards the impact of moral decision making on profitability. Quite the contrary, there is a huge body of evidence that shows behaving immorally is often the most profitable behavior.
Brand damage from taking a show off the air for a week is far easier to undo than the fallout from two major affiliates cancelling their contracts for your entire network.
Sorry, I know what point you’re trying to make, and you are theoretically correct but because it’s completely unprovable with no precedent you are practically incorrect.
vs a nebulous argument towards the impact of moral decision making on profitability.
No, its that vs the clearly expected consumer response, which has a permanent brand impact and a short term subscriber/vacationer/etc impact, not to mention the 2% drop in stocks (an over $4b impact).
Ignoring ethics, this was a bad business decision. The long term impact is obviously not yet known, but the short term impact was rapid and strong.
Until the board & Iger are tossed, I’m still not going to give you assholes, or your advertisers, any more money.
It’s not Disney’s fault, really. It’s Sinclair and Nexstar, the affiliate networks. They’re the ones that could have pushed back without drastic financial consequences, and they’re the ones that pressured ABC to can the show.
Disney management has a fiduciary responsibility they cannot ignore. They handled this as well as they could (and likely raised hell behind closed doors).
Put your ire where it belongs: the fascists and their supporters, not the businesses trying to survive this hellscape without breaking laws
There are LOTS of reasons to hate Disney and their management but this isn’t one of them IMO
I’m so sick of this braindead god-damned cop out. A fascist authoritarian has seized power. If your FiDuCiArY rEsPoNsIbIlItY necessitates absconding moral and ethical responsibilities, let the stupid company burn. Sacrifices must be made to achieve and maintain self governance.
Sorry, but this is a complete misunderstanding of how this works.
Recognizing that pulling Kimmel’s show would result in severe harm to the brand, short term and long term, matches that responsibility as well. Shareholders can even make the decision to claim the board (and specifically Iger) were in violation of their duties with this decision. The blowback was obvious and expected.
They absolutely are at fault.
There has literally never been a case where defending free speech or any other ethical/moral position in the face of imminent business contract impact has successfully been used to defend against a breach of fiduciary responsibility claim.
You are talking about an imminent threat of action from extremely powerful business partners vs a nebulous argument towards the impact of moral decision making on profitability. Quite the contrary, there is a huge body of evidence that shows behaving immorally is often the most profitable behavior.
Brand damage from taking a show off the air for a week is far easier to undo than the fallout from two major affiliates cancelling their contracts for your entire network.
Sorry, I know what point you’re trying to make, and you are theoretically correct but because it’s completely unprovable with no precedent you are practically incorrect.
No, its that vs the clearly expected consumer response, which has a permanent brand impact and a short term subscriber/vacationer/etc impact, not to mention the 2% drop in stocks (an over $4b impact).
Ignoring ethics, this was a bad business decision. The long term impact is obviously not yet known, but the short term impact was rapid and strong.