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Federal Communications Commission says its DEI efforts may breach equal employment opportunity regulations
The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC said in a letter dated Friday that it wants to "ensure that Disney and ABC have not been violating FCC equal employment opportunity regulations by promoting invidious forms of DEI discrimination.
The head of the Federal Communications Commission on Friday said he is opening an investigation into the diversity practices of Walt Disney and its ABC unit, saying they may violate U.S. equal employment opportunity regulations.
Disney's Lion King taught viewers that hakuna matata means no worries, but investors are worried about the stock as consumer confidence wanes and competition heats up.
Walt Disney Co (NYSE:DIS, ETR:WDP) has earned a repeat ‘Buy' rating from analysts at Bank of America, who remain optimistic about the entertainment giant's growth prospects in 2025. The analysts awarded the stock a $140 price target.
FCC chair Brendan Carr said he's putting the "finishing touches" on a letter to Disney.
Two adversaries are coming together, but which stock is right for you?
BofA Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Walt Disney Co DIS on Friday, with a price target of $140.
Disney (DIS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Apple's (AAPL) streaming service, Apple TV+, is reportedly losing over $1 billion per year. Laura Martin, Needham & Company senior media and internet analyst, joins Market Domination to discuss the details, noting that Apple is "not really a player" in the streaming space.