how much money has disney lost this week

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Disney has faced significant financial impact this week primarily due to the suspension of Jimmy Kimmel Live!, which sparked a boycott and backlash. While the company has not officially confirmed exact financial losses, Disney's market value reportedly dropped by around $3.87 billion in a short period following the controversy. This decline reflects a 1.9% fall in Disney's stock price and is attributed to the backlash and subscriber cancellations, though it is not confirmed as a direct cash loss. The suspension was reversed after about a week. Moreover, Disney's total shareholder value reportedly dropped by approximately $74 billion from its recent peak over a longer timeframe linked to various controversies, including this incident. The stock drop this week alone was about 3.7% from its high earlier in the week, translating to billions lost in market value. The financial risks also extend to advertising revenue losses and potential subscriber churn from Disney+ and Hulu, though exact subscriber cancellation numbers are unknown. In summary, Disney lost nearly $4 billion in market value this week linked to the Jimmy Kimmel suspension backlash and related boycotts, with enduring reputational and financial pressures ongoing.