Walt Disney ($DIS) said more than 150,000 public comments have been submitted in support of renewing the broadcast licenses for its eight ABC-owned television stations as the Federal Communications Commission reviews the licenses. Disney argued the stations comply with FCC rules, serve the public interest, and that the accelerated renewal process is unprecedented and unwarranted.
- Disney said over 95% of more than 150,000 public comments support renewing the licenses for its eight ABC-owned stations.
- The FCC initiated an early license review in April as part of an investigation into Disney's diversity and employment practices.
- Disney asked the FCC to dismiss petitions seeking to deny the renewals, arguing the stations have not violated FCC regulations.
- Replies in the FCC proceeding are due by Aug. 5 following the close of the public comment period.
- Recent federal lobbying disclosures show Disney has engaged extensively on broadcast regulation, copyright, intellectual property, tax policy, privacy, AI, and communications issues before Congress and federal agencies.
Relevant Companies
- Walt Disney ($DIS) – The FCC's review concerns the broadcast licenses of its eight ABC-owned television stations.
- Fox Corp. ($FOXA) – Owns major broadcast television stations that operate under the FCC's licensing framework.
- Paramount Global ($PARA) – CBS-owned television stations are also subject to FCC broadcast licensing and media regulation.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
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