EquitiesBrief
Disney and ABC file lawsuit against FCC over license renewal
Disney and ABC have initiated legal action against the Federal Communications Commission to block an early license renewal process. The network alleges that the administration is using the regulatory process as a form of retaliation. Disney claims the move is motivated by political disapproval of ABC broadcast content. Monitor court filings for the FCC response regarding the timing and motivation of the license review.
Source: BBC Business
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