Honestly the real issue here from my point of view is Nexstar and Sinclair, who have the market and clout to force ABC to comply. But instead of calling for a boycott of the two companies putting on the pressure, everyone is concentrating on the company who’s getting pressured and caving. It takes a long time to get a constitutional law case to SCOTUS, which ABC would clearly and easily win, but they would lose a $6.2 Billion dollar merger deal in the mean time. As much as people like to pretend that these companies work for us, they work for the shareholders. And stonks only go up or the CEO and the board have to find new jerbs.
I’m not defending what they’re doing or that they caved at all, just providing an easily downvotable alternate point of view.
Honestly the real issue here from my point of view is Nexstar and Sinclair, who have the market and clout to force ABC to comply. But instead of calling for a boycott of the two companies putting on the pressure, everyone is concentrating on the company who’s getting pressured and caving. It takes a long time to get a constitutional law case to SCOTUS, which ABC would clearly and easily win, but they would lose a $6.2 Billion dollar merger deal in the mean time. As much as people like to pretend that these companies work for us, they work for the shareholders. And stonks only go up or the CEO and the board have to find new jerbs.
I’m not defending what they’re doing or that they caved at all, just providing an easily downvotable alternate point of view.
https://www.businessinsider.com/nexstar-deal-fcc-jimmy-kimmel-suspension-2025-9
Big time agreed. This is another major component of it and your assessment is spot on.