The recent “FCC intervention has made owning broadcasting licenses too expensive and too volatile for DIS shareholders, in our view,” Needham said.

FCC Chair Brendan Carr threatened to take action Wednesday against ABC and Disney over Jimmy Kimmel's comments about the suspected Charlie Kirk assassin.

Before Kimmel's suspension, FCC Chair Brendan Carr appeared to pressure ABC to take action against the late night host.

Disney’s ABC said Wednesday it has pulled “Jimmy Kimmel Live!” off the air “indefinitely” following the late-night host’s comments Monday about the motivations of the man who authorities say fatally shot conservative activist Charlie Kirk. During his monologue Monday night, Kimmel criticized Republicans for how they responded to Kirk’s killing.

FCC honcho Brendan Carr accused Dems of being "engaged in nothing more than Projection and Distortion" in first remarks since Jimmy Kimmel's was reinstated.

Republican Senator Rand Paul said on Sunday that threats by Federal Communications Commission chair Brendan Carr against Disney and local broadcasters for airing "Jimmy Kimmel Live" were "absolutely inappropriate.

Sen. Jon Husted said it was inappropriate for FCC Chairman Brendan Carr to make "intimidating" comments about Disney-owned ABC.

"Jimmy Kimmel Live" remains off the air after Trump's FCC pressured local TV affiliates. Leadership at ABC and its parent company, Disney, appear to still be working toward a path to bring Jimmy Kimmel back to his late-night show.