Walt Disney Co. (NYSE: DIS) has pushed back against reports that its late-night program Jimmy Kimmel Live! will be canceled. According to a report by Page Six, the show could conclude in May 2027 after 24 years on air, with sources claiming Kimmel's contract would not be extended.
However, ABC Entertainment has labeled these reports as inaccurate. The network stated that any speculation regarding the future of the show at this time is purely speculative.
The article notes that Kimmel has faced political controversies in the past. Earlier this year, he faced criticism over a joke about Melania Trump, which the First Lady described as "hateful and violent rhetoric." Former Disney CEO Michael Eisner defended Kimmel in response to a previous suspension of the show over remarks about Charlie Kirk.
In a separate development, CBS announced that The Late Show with Stephen Colbert would end in May 2026 after a 33-year run. The network cited financial reasons for the cancellation, unrelated to the show's performance or content.
On the financial front, Disney stock closed the day 0.24% lower at $105.06 and traded flat at $105.09 in the after-hours session.
