Business
Trump’s pressure on the media is mounting, with Kimmel sidelined ‘indefinitely’
Show host Jimmy Kimmel delivers his opening monologue at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024.
Mike Blake | Reuters
President Donald Trump’s pressure on media companies is mounting.
On Wednesday, the Walt Disney Co. pulled “Jimmy Kimmel Live!” off the air “indefinitely” from its ABC network after the host made comments linking the alleged killer of conservative activist Charlie Kirk to Trump’s “Make America Great Again” movement.
The move is drawing comparisons to CBS’ cancellation of “The Late Show With Stephen Colbert” in July and raising questions about the protection of free speech in a Trump-era broadcast environment.
“We hit some new lows over the weekend with the MAGA Gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it,” Kimmel said during a monologue that aired Monday night.
“In between the finger-pointing there was grieving. On Friday the White House flew the flags at half-staff, which got some criticism, but on a human level you can see how hard the president is taking this,” he continued, teeing up a clip of Trump on the White House lawn.
Trump was asked how he was holding up in the wake of Kirk’s death, to which he answered, “I think very good,” before pivoting to point out that construction had started on the new $200 million ballroom project.
“He’s at the fourth stage of grief: construction,” Kimmel joked. “Demolition. Construction. This is not how an adult grieves the murder of someone he called a friend. This is how a 4-year-old mourns a goldfish. OK? And it didn’t just happen once.”
Kimmel has not been fired, but Disney heads wanted to speak with the host about what he should say when he goes back on the air, according to people familiar with the situation.
Trump weighed in on the matter Thursday, saying, “They should have fired him a long time ago. … He was fired for a lack of talent.”
FCC approval
Kimmel, ABC and Disney are the latest target of Trump’s scrutiny of media companies, which has intensified during his second term marked by high-profile defamation lawsuits, the defunding of public broadcasters and regulatory interference from the Federal Communications Commission.
“An inexcusable act of political violence by one disturbed individual must never be exploited as justification for broader censorship and control,” Anna Gomez, the lone Democratic FCC commissioner, wrote in a social media post Wednesday. “This Administration is increasingly using the weight of government power to suppress lawful expression.”
Gomez has been outspoken about the FCC’s and Trump’s interactions with media companies. In late July, when the government agency approved the merger of Paramount and Skydance, she wrote a statement of dissent, saying she was troubled by Paramount’s recent payment to settle a suit brought by Trump against Paramount-owned CBS over a “60 Minutes” interview with then-Vice President Kamala Harris.
“The Paramount payout and this reckless approval have emboldened those who believe the government can — and should-abuse its power to extract financial and ideological concessions, demand favored treatment, and secure positive media coverage,” she wrote at the time.
It’s not the first instance of Trump interfering with media mergers. He tried to block AT&T’s $85 billion merger with Time Warner in 2017 unless it sold off CNN. Ultimately, the deal went through in mid-2018.
The suspension of “Jimmy Kimmel Live!” came amid statements from FCC Chair Brendan Carr that suggested ABC’s broadcast license was at risk because of the remarks.
In a podcast interview Wednesday, before ABC’s announcement, Carr said the FCC was “going to have remedies that we can look at” with regard to Kimmel’s comments.
“Frankly, when you see stuff like this, I mean, we can do this the easy way or the hard way,” Carr said. “These companies can find ways to change conduct and take action, frankly, on Kimmel, or there’s going to be additional work for the FCC ahead.”
In August, Trump posted on his Truth Social platform that ABC and NBC should lose their broadcast licenses for what he called “unfair coverage of Republicans and/or Conservatives.”
“Crooked ‘journalism’ should not be rewarded, it should be terminated,” Trump said in the post.
Notably, Disney needs regulatory approval for a deal that would see the NFL buy 10% of ESPN in exchange for NFL Media assets.
Carr told CNBC’s “Squawk on the Street” on Thursday that Kimmel appeared to “mislead” the American public about facts regarding Charlie Kirk’s killing in the days leading up to his show’s suspension.
“The issue that arose here, where lots and lots of people were upset, was not a joke,” Carr said.
“It was not making fun,” Carr said. “It was appearing to directly mislead the American public about a significant fact that probably one of the most significant political events we’ve had in a long time, for the most significant political assassination we’ve seen in a long time.”
The show’s suspension also came after Nexstar Media Group said its ABC-affiliated stations would preempt Kimmel’s show “for the foreseeable future” beginning Wednesday.
Nexstar is seeking FCC approval for its planned $6.2 billion merger with Tegna. About 10% of the approximately 225 ABC affiliate stations are owned by Nexstar. Tegna owns about 5% of ABC’s affiliate stations.
Sinclair, which owns around 40 ABC affiliate stations, also indefinitely preempted “Jimmy Kimmel Live!” It said it would not lift that suspension until it had a formal discussion with ABC about the network’s “commitment to professionalism and accountability” and called on Kimmel to issue a direct apology to Kirk’s family.
Sinclair said in August it is exploring merger options for its broadcast stations, though it hasn’t yet reached a deal.
Retaliatory actions
In addition to clashes with the FCC, media companies have also been the target of defamation lawsuits in recent years. Paramount’s $16 million payout to settle Trump’s suit was the result of the most recent case.
A lawsuit against ABC News was settled in December 2024, in which the network agreed to pay $15 million toward Trump’s presidential library after Trump claimed anchor George Stephanopoulos made an inaccurate on-air assertion that the then-president-elect had been found civilly liable for raping writer E. Jean Carroll. Trump had been found liable for sexually assaulting and defaming Carroll. Trump denies Carroll’s claims that he attacked her.
Trump is currently suing The New York Times over articles and a book published during the 2024 campaign and The Wall Street Journal for a story that connected him to Jeffrey Epstein.
Additionally, Trump has barred specific reporters and whole news organizations from pooled press events for not using preferred terminology or for being critical of Trump.
The Associated Press is currently restricted from access to White House spaces like the Oval Office and Air Force One because it would not adopt the renaming of the Gulf of Mexico to the Gulf of America. And former CNN reporter Jim Acosta had his credentials stripped back in 2018 after clashing with Trump. The ban was later overturned.
— CNBC’s Alex Sherman, Luke Fountain and Dan Mangan contributed to this report.
Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast’s planned spinoff of Versant.
Correction: This article has been updated to reflect that Jimmy Kimmel’s comments aired on his show Monday night. A previous version misstated the day.
Tesco and Sainsbury’s customers are paying more than Waitrose shoppers for some common branded groceries if they are not using a loyalty scheme, analysis by Which? has found.
The watchdog compared a list of 245 branded items including Heinz, Nescafe and Mr Kipling in February, finding that it was, on average, most expensive for customers at Sainsbury’s and Tesco who were not using the Nectar or Clubcard loyalty schemes.
Which? acknowledged that most shoppers are part of a membership scheme, but said some may be unwilling to sign up to loyalty cards for reasons such as data privacy, while others have no choice because of eligibility criteria.
Tesco customers who are under 18 can not sign up to a Clubcard, although the supermarket has announced it will review this before the end of the year.
The Which? list of items was most expensive at Sainsbury’s for non-Nectar members at £942.66 – 14% more than the cheapest retailer in the study Asda, which cost £823.58.
Tesco followed behind Sainsbury’s, with its non-Clubcard price totalling 11% more than Asda at £916.56.
Which? said it did not include discounters Aldi and Lidl in the study because they did not stock a sufficiently large range of branded goods.
Both Tesco and Sainsbury’s – the UK’s two largest grocers – were more expensive for non-members of their loyalty schemes than Waitrose, which cost £899.05.
Waitrose was 9% more expensive than Asda and emerged as a “more competitive option”, Which? said.
Which? found several products that were cheaper at Waitrose, including Amoy Straight To Wok Noodles, which were on average £1.25 at both Waitrose and Morrisons but most expensive at Sainsbury’s and Tesco without a loyalty card at an average of £2.15 – a 72% difference.
Sea salt and vinegar Ryvita Thins were also cheapest on average at Waitrose at £1.25, but shoppers buying this product at Morrisons, Tesco, and Sainsbury’s without a loyalty card would all have paid an average of £2.30, making them 84% more expensive.
For customers with a Clubcard, Which? found that the same list of groceries at Tesco fell to £837.43 on average – just 2% more expensive than Asda.
Which? found various instances of branded products where the Tesco Clubcard price was the cheapest on average.
Carex Hand Wash was 95p at Tesco with a Clubcard but £1.70 at Waitrose where it was the most expensive.
Another example showed Kellogg’s Crunchy Nut cornflakes was £1.55 on average in February, while the highest average price among the supermarkets was at Waitrose where it cost £2.50.
Which? said the figures showed the “dramatic price gulf” created by loyalty pricing.
In one example at Tesco, Which? found a 200ml bottle of L’Oreal Paris Elvive Bond Repair Shampoo was double the price on average for shoppers without a Clubcard – at £13 compared to £6.50.
The higher price was also found at both Morrisons and Sainsbury’s.
Which? found that a 200g jar of Kenco Smooth coffee cost shoppers at Tesco and Sainsbury’s without a loyalty card £8.35 – the highest price on the market.
In contrast, the same jar was £7 at Waitrose and £6.32 at Asda, on average.
Similarly, Waitrose had the cheapest average price for Nescafe Gold Blend at £6.25, while non-members at Sainsbury’s were asked to pay £8.35.
Meanwhile, Which? found customers who used a Nectar card at Sainsbury’s could expect to pay only 3% more than Asda at £848.56 for the entire list of items.
Morrisons averaged 4% more expensive than Asda when using a More card and 5% more expensive without one.
Ocado was also 5% more expensive than Asda.
Which? retail editor Reena Sewraz said: “Our analysis reveals a shocking truth and shows the impact loyalty schemes have had on grocery pricing.
“Branded favourites can actually be cheaper at Waitrose than at the UK’s biggest supermarkets for shoppers who don’t use a loyalty card – something that would have seemed unthinkable until a few years ago.
“If you’ve got your heart set on specific brands, your best bet is to shop around, keep a close eye on the unit price, and stock up whenever you see a good deal – otherwise, you’re likely to end up paying way over the odds.
“While loyalty cards definitely offer some savings, if you don’t use one you’re better off heading to Asda, where the pricing is usually cheaper on a range of branded goods.”
A Sainsbury’s spokesman said: “We have invested over £1 billion in recent years to help keep prices low and we know more customers are choosing to do their shop at Sainsbury’s.
“We are committed to helping customers access great quality at lower prices and remain focused on offering outstanding value across thousands of products through our Aldi price match scheme, Nectar prices, Your Nectar Prices and our own-brand value lines.”
A spokesman for Tesco said: “It’s no secret that Tesco Clubcard unlocks exceptional savings for the 24 million UK households who have one.
“More than 80% of our sales are made with a Clubcard – but it’s just one of the ways our customers get great value.
“Though everyday low prices we keep prices consistently low on thousands of branded products, and our Aldi price match ensures shoppers can be confident they’re getting competitive prices.”
Business
MLB faces a historic shift as potential lockout, media rights and other league changes loom
Thursday’s Opening Day may be the calm before the storm for Major League Baseball.
The league’s collective bargaining agreement with its players expires at the end of this season. Owners, with the commissioner’s backing, are almost sure to push for a salary cap (which would likely come with a salary floor to get players to the negotiating table).
MLB owners have never been able to get a cap passed by the players union. It’s unclear if the end of the 2026 season will lead to a different result, but MLB Players Association Interim Executive Director Bruce Meyer told ESPN last month he expects a lockout is “all but guaranteed.”
In addition to the CBA’s expiration, there are major shifts underway for baseball media rights. One-third of the league’s teams didn’t have local TV deals in place for this season until this week.
Nine MLB teams – the Washington Nationals, Seattle Mariners, Milwaukee Brewers, St. Louis Cardinals, Miami Marlins, Tampa Bay Rays, Cincinnati Reds, Kansas City Royals, and Detroit Tigers – announced Wednesday their brand new MLB-operated team channels will be carried by DirecTV.
Most of those teams had previously been part of Main Street Sports (previously Diamond Sports Group), which operates FanDuel Sports Networks (previously Bally Sports). That entity has been teetering with liquidation, and the teams terminated their contracts with the company due to missed payments earlier this year.
A 10th team, the Atlanta Braves, is launching a new network called BravesVision. The Braves and Charter’s Spectrum announced a multiyear distribution agreement earlier this week.
MLB ideally wants the rights to all 30 teams in its control by the end of the 2028 season so that it can sell the in-market local games as a national package to a streamer. That would become the modern replacement to regional sports networks, and it would likely be a new, coveted package for streaming services such as ESPN and Amazon Prime Video.
Also at the end of the 2028 season, MLB’s national media rights for all of its packages will expire, allowing the league to redistribute games to its partners and potentially select new ones.
NBC, ESPN, Fox and a combined CBS/Turner have dominated national rights for the past few decades.
“The key in media negotiations now is having all of your rights available,” MLB Commissioner Rob Manfred told me last year. “If you have all of your content – all of your playoffs, all of your regular season – available, there will be buyers, and I’m confident there will be buyers at a higher price for us.”
Manfred has even floated the idea of expanding to 32 teams and realigning the league geographically, upending or even eliminating the American and National leagues that have existed for more than 100 years.
Soaring TV ratings
It’s, of course, unclear how much of this hypothetical change will actually come to fruition.
But the potential for transformation at MLB is greater than at any of the other Big 4 professional leagues in the U.S.
And yet, baseball isn’t struggling — on the contrary. The implementation of the pitch clock in 2023 has led to shorter games, rising attendance and higher TV ratings.
Rob Manfred, Commissioner of the MLB, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 9, 2025.
David A. Grogan | CNBC
More than 50 million people in the U.S., Canada and Japan watched Game Seven of the World Series last year – the most-watched baseball game in 34 years. MLB recently wrapped up the World Baseball Classic – a global preseason tournament – which captured nearly 11 million viewers on Fox and Fox Deportes for its final game.
MLB team valuations rose 13% from last year. The average MLB team is now worth $2.95 billion, according to CNBC Sport data.
Still, the profitability of the league is in far worse shape than it is for the NFL, NBA and NHL, according to CNBC’s calculations. In 2025, MLB’s 30 teams had an EBITDA — earnings before interest, taxes, depreciation and amortization — margin of under 2%. Team average revenue was $426 million with average EBITDA of $7 million, including non-MLB ballpark events. In contrast, the comparable margin for the NFL was 20%; the NBA, 21% and the NHL, 22%, according to CNBC’s most recent valuations.
The new CBA at the end of this season could be the first significant step toward a very different MLB. But, similar to the WNBA, which announced its new CBA earlier this week, MLB must ensure negotiations to get a new labor agreement don’t jeopardize a wave of positive momentum.
A JLR spokesperson said: “Due to a part supply challenge with a supplier, we are temporarily pausing production on certain vehicle lines at our Solihull manufacturing facility. We are working closely with that supplier to resolve the issue as quickly as possible and minimise any impact on our clients or our operations.”
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