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The challenges for Disney and its broadcasting arm, ABC, represent the larger calamities affecting traditional media. Recent engagement in high-profile legal conflicts serves only to deepen the divide between media entities and the public. As allegations of misinformation plague various networks, the FCC might feel compelled to re-evaluate ownership laws to encourage fair and authentic media outlets that prioritize the public interest.
Bob Iger's leadership is in a precarious position, facing potential shifts in both public opinion and regulatory scrutiny. The FCC's current focus on Disney could lead to profound changes in how the company is perceived and ultimately operate moving forward.
Implications of the Settlement