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Barchart
Barchart
Patrick Sanders

Disney Just Lost 7 Million Subscribers. Does That Even Matter for DIS Stock?

ABC and its parent company, Walt Disney (DIS), continue to see the impact of ABC’s decision to suspend late-night talk show host Jimmy Kimmel in the wake of Charlie Kirk’s assassination.

A report from Antenna Research Associations shows about 7 million subscribers cancelled their Disney+ and Hulu subscriptions after ABC put Kimmel on the shelf from Sept. 17 to Sept. 25. Kimmel, in his Sept. 17 monologue, discussed reactions to the shooting death of Kirk, the founder of Turning Point USA. He said, “We hit some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them, and doing everything they can to score political points from it.”

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