did disney lose money because of jimmy kimmel

The Walt Disney Company did experience significant financial losses due to the suspension of Jimmy Kimmel's show, "Jimmy Kimmel Live!" The suspension, which took place in mid-September 2025 after Kimmel made remarks about the death of conservative activist Charlie Kirk, led to a notable drop in Disney's stock value — around 2.39% over several days, which corresponded to a loss of approximately $4.99 to $5 billion in market value. The stock decline was also linked to consumer backlash, including calls for boycotts and subscription cancellations on Disney's streaming platforms like Disney+ and Hulu. Advertisers were reportedly concerned about the suspension as well, given that Kimmel's show is a prime late-night slot. These combined pressures influenced Disney's decision to quickly reinstate Kimmel's show less than a week after the suspension was announced. This chain of events revealed significant financial and consumer repercussions tied directly to the suspension of Jimmy Kimmel's program on ABC, which Disney owns.