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Best Stocks for a Balanced Portfolio Strong Momentum Stocks ✌️【Freelance】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. The ABC defamation settlement with Donald Trump, which hasemboldened the president-electin his crusade against outlets he dislikes and outraged journalists across the industry, was a decision that reportedly came down to one man: Bob Iger, the formidable CEO of the Walt Disney Company.
Best Stocks for a Balanced Portfolio Strong Momentum Stocks ✌️【Freelance】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. According to theNew York TimesandThe Wall Street Journal, ABC’s rank and file are furious over the settlement, which was recommended by the general counsel of the network’s parent company and signed off on by Iger. (It was not taken to board for a vote, per the Times’ Brooks Barnes.)
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But for Disney to so readily retreat from a free speech fight before Trump is even in the White House? It suggests that anyone hoping for some kind of Corporate America-led Resistance can go ahead and exhale. Few companies are as well positioned as Disney — with its Jedi-level brand power and a veritable army of the best white-shoe lawyers money can buy — to stomach such a fight.
CEOs from tech and media have been practically tripping over one another to make theirpilgrimage to Mar-a-Lagosince Trump won reelection last month. Since Thanksgiving, Trump has met with Meta’s Mark Zuckerberg, Google’s Sundar Pichai, Apple’s Tim Cook, Netflix’s Ted Sarandos, TikTok’s Shou Chew, and Amazon founder Jeff Bezos, among others. A few of those executives have also tossed in $1 million donations to Trump’s inaugural fund, just for good measure.
“In the first term, everybody was fighting me,” Trump said at a press conference this week. “In this term, everybody wants to be my friend.”
“Friend” might be overstating what they’re going for, but call it what you will. The reality is that no one wants to risk angering Trump, who’s historically managed totank a company’s stockwith a singletweet.
Iger, like any executive with a fiduciary duty to shareholders, isn’t taking any chances. He is less than two years out from the end of his contract, and he hasa laundry list of problemsto deal with that predate Trump’s win. (Like, figuring out the future of streaming, making Marvel and Lucasfilm great again, and installing a successor to take the reins of one of the biggest media companies on the planet. No pressure!)
Best Stocks for a Balanced Portfolio Strong Momentum Stocks ✌️【Freelance】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. Still, it’s silly to suggest that Iger and Disney are somehow immune from the Trump Effect. Sure, Iger isn’t jetting down to Palm Beach like his fellow CEOs to dine with the incoming president. And no, he’s not making any splashy donations to the inauguration fund.
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Coincidentally, the ABC settlement came days before theHollywood Reporterbroke the news thatDisney had edited outa transgender storyline from its new Pixar series “Win or Lose.” When 【 - Free Stock Selection 】’s Liam Reilly asked Disney whether that decision could be interpreted as the company distancing itself from diversity initiatives in anticipation of a second Trump administration, the company declined to comment.
Liam also notes that the trans character will remain in the series, according to a person familiar with the matter, who added that the decision to remove the plot point was made a couple of months ago.
Bottom line:Iger isn’t going to kiss the ring quite as transparently as some of his peers. But he appears to be wagering that the media empire he helped build over the past two decades can survive the next four years only if it treads carefully along the path of least resistance.
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