Part 10/14:
Financially, Disney’s stock performance paints a bleak picture. Despite attempts at strategic rebranding, Disney’s valuation remains stagnant over the past decade, especially when compared to the rising tide of the S&P 500. Industry insiders suggest that with leadership like James Gorman of Morgan Stanley overseeing Disney's board, there is increasing dissatisfaction with the company's direction—particularly regarding the Kimmel issue.
Wall Street's frustration is compounded by the fact that Kimmel’s actions violate political neutrality expectations—particularly around FCC regulations. His inflammatory content and overt political commentary could invite regulatory scrutiny, which would be disastrous for Disney’s broadcasting operations.