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Market Chatter: Disney TV Licenses May Be Reviewed by FCC

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-- Walt Disney's (DIS) broadcast licenses are moving toward a review by the Federal Communications Commission, Semafor reported Tuesday, citing people familiar with the matter.

The FCC may choose not to trigger the early license review process, the sources said, but its chairman Brendan Carr has threatened Disney's licenses as recently as this month over diversity issues, according to the report.

Disney and the FCC didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $101.27, Change: $-1.08, Percent Change: -1.06%

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