how much money did disney lose over kimmel

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Disney faced significant financial and reputational impacts during the controversy over Jimmy Kimmel's suspension after his comments on Charlie Kirk's death. The suspension of "Jimmy Kimmel Live!" led to a drop in Disney's stock price by about 1.9%, which corresponded to an approximate $3.87 billion loss in market value. However, this stock decline is market-related and not a direct confirmed loss from the controversy or cancellations. No exact figure for direct monetary loss has been publicly released. Subscribers reportedly canceled Disney services in reaction to the suspension, driven by social media calls for boycotts, but these cancellations did not translate to an explicitly disclosed financial loss. Despite the controversy and drop in ratings on Kimmel's show, insiders say the show still generates revenue from affiliate fees, online advertising, and sponsorships, with Kimmel's salary near $16 million annually. The network benefits overall from the show's advertising and its brand contribution, though the show's ratings and ad revenues have declined enough that it reportedly loses about $20 million annually in ad revenue alone. In summary:

  • Disney's stock market value dropped roughly $3.87 billion coinciding with the controversy, but the company did not confirm direct losses.
  • The show incurs an estimated $20 million annual ad revenue loss despite continuing revenue streams.
  • Subscriber cancellations and advertiser pullouts created brand risks but the long-term financial impact is uncertain and not precisely quantified in public reports.
  • Disney reinstated the show after backlash, indicating balancing the controversy against financial stakes was complex.