FCC Reviews Disney (DIS) Broadcast Licenses Ahead of Schedule

AI Summary

The FCC is seeking an early review of Disney's (DIS) ABC broadcast station licenses, originally set for renewal between 2028 and 2031. Disney has been ordered to file for early renewal within 30 days, by May 28. The action is part of an ongoing investigation into Disney's diversity, equity, and inclusion (DEI) efforts, which started last year. The early renewal affects eight ABC-owned stations across California, Illinois, New York, Texas, North Carolina, and Pennsylvania, but does not extend to affiliate stations owned by other companies.