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Disney Loses $1.4 Billion After Kimmel Suspension

9/24/2025

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Story summary
  • Disney's market capitalization fell after ABC suspended Jimmy Kimmel Live! on Sept. 17, 2025.
  • Snopes confirmed the overnight loss was $1.4 billion, not the $3.87 billion circulating online.
  • By Sept. 19, Disney's market cap was $204.7 billion, dropping to $202.5 billion by Sept. 22.
  • Investors cited subscription cancellations tied to the Kimmel suspension, while analysts remained optimistic.