"If you think Jimmy Kimmel's return to late night television this week spells the end of that whole saga, well, think again: A group of investors is demanding that Walt Disney share information about why he was suspended in the first place. Lawyers representing the American Federation of Teachers, Reporters Without Borders and other groups of Disney shareholders sent a letter to the entertainment giant on Wednesday requesting internal documents and communications related to the decision to remove Kimmel from the air."
"The group of shareholders are seeking to learn whether the decision to yank Kimmel was driven by politically-fueled threats from federal regulators and broadcast affiliates and if Disney's board and executives didn't live up to their fiduciary duties-to act in the best interest of shareholders. The group said that, given the Trump administration's threats to free speech, it was writing to "seek transparency" about the initial decision to suspend Kimmel and his show, Jimmy Kimmel Live!"
A coalition of investors and shareholder groups requested internal documents and communications from Disney related to the indefinite suspension of Jimmy Kimmel following comments about the murder of conservative activist Charlie Kirk. The investors include the American Federation of Teachers and Reporters Without Borders. The request seeks to determine whether political pressure from federal regulators or broadcast affiliates influenced the removal and whether Disney's board or executives breached fiduciary duties of loyalty, care, or good faith. The letter asks for financial analyses estimating revenue effects and for communications involving board members, including CEO Bob Iger. Kimmel returned to the air with a widely viewed monologue, yet Disney shares had not rebounded.
Read at Fast Company
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