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00:02Disney's ABC filed a First Amendment lawsuit against the Federal Communications Commission
00:07on Tuesday, accusing the agency of conducting a retaliatory campaign over programming critical
00:13of Trump, according to CNBC. The lawsuit asks a federal court to halt the FCC's early review
00:19of several ABC broadcast station licenses. The FCC launched the review in April,
00:24years before the licenses were scheduled to expire, citing concerns about Disney's diversity,
00:29equity, and inclusion practices. FCC Chairman Brendan Carr has said the review is focused on
00:35DEI practices and is not tied to First Amendment issues. ABC argues the proceedings are unconstitutional
00:41and causing irreparable harm. CEO Josh DeMauro said the company remains committed to defending
00:47its journalistic principles and will resist government efforts to influence how it operates
00:52its media business. For all things money, visit Benzinga.com.
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