Disney Shares Fall On FCC License Review
Disney shares fell between 6% and 10% following reports that the FCC will begin an early review of television station licenses owned by Walt Disney's ABC. The FCC has instructed eight Disney-owned and operated stations to file for early license renewal.
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Sources · 7 independent
Bloomberg Radio
“Disney's been down pretty much throughout the day. Kind of took a leg down at the open. Down about 6-10 of a percent here, some headlines crossing from the FCC telling eight Disney owned and I assume operated stations to file early license renewal.”
Bloomberg Radio
“review of the TV station licenses owned by Walt Disney's A. B.”
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