• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
LawMedia

Disney is calling Trump’s FCC ‘unconstitutional.’ It paid him $15 million 2 years ago

By
Steven Sloan
Steven Sloan
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Steven Sloan
Steven Sloan
and
The Associated Press
The Associated Press
Down Arrow Button Icon
May 29, 2026, 8:35 AM ET
fcc
Federal Communication Commission (FCC) chairman Brendan Carr speaks at the Conservative Political Action Conference (CPAC) in Dallas, March 27, 2026. AP Photo/Gabriela Passos, File
Add Fortune on Google for similar content.

Local TV stations owned by ABC across the United States blasted the Federal Communications Commission on Thursday for launching an “unlawful, arbitrary and unconstitutional” early review of their broadcast licenses as a dispute between the network and the Trump-controlled agency intensifies.

Recommended Video

“It is an extraordinary demonstration of power and coercion directed at disfavored editorial voices which sends a clear warning to every broadcaster in America,” WABC in New York wrote in an objection that accompanied paperwork filed to comply with the FCC’s demand for early applications to renew licenses.

ABC-owned stations in seven other markets filed similar objections. In a statement, FCC Chairman Brendan Carr said “broadcast licensees have a unique obligation to operate in the public interest.”

The reviews are part of a mounting confrontation between the FCC and one of America’s most prominent broadcast networks. Under Carr, an ally of President Donald Trump, the agency has launched probes of ABC touching on everything from its diversity practices to the network’s moderation of a 2024 presidential debate to guests booked on “The View.” Trump has also repeatedly called for late-night host Jimmy Kimmel to be fired.

But the FCC’s move in April to begin early reviews of the broadcast licenses of ABC-owned stations in eight local markets attracted particularly close attention. The licenses for stations in Los Angeles, San Francisco, Houston, New York, Chicago and Philadelphia as well as Fresno, California, and Durham, North Carolina, were initially slated to come up for renewal between 2028 and 2031.

In his statement, Carr reiterated the agency’s focus on Disney’s diversity practices and said the company filed its renewal application “after the FCC informed the company that their responses to the agency’s investigation had been disingenuous, deficient, and improper.”

Commissioner Anna Gomez, the FCC’s sole Democrat, has called the reviews an “egregious assault on the First Amendment.” She has encouraged major media companies to take a stronger stand against the agency, predicting they would prevail in court if a case made it that far.

On Thursday, Gomez said she was glad to see the stations “expose the FCC’s actions as nothing more than naked political retribution and an unlawful assault on free speech and a free press.”

WABC said the “ultimate injury here is not to the station or its parent company.”

“It is to the public,” the station said. “When a broadcaster must weigh regulatory retaliation before making editorial decisions, the public loses access to journalism that is free from government influence.”

That reflects a stark shift in ABC’s approach to political scrutiny in Washington. In the weeks before Trump returned to the White House, the network paid a controversial $15 million defamation settlement, a move that did little to quell criticism from Trump and his allies in the coming years.

The network mounted a more robust defense of free speech in a filing last month responding to an FCC review of whether “The View” was subject to equal time rules. The agency argued that the law encouraged more speech but ABC warned that open political discussion was being chilled by the Trump administration.

“The Commission’s actions threaten to upend decades of settled law and practice and chill critical protected speech, both with respect to The View and more broadly,” according to a filing on behalf of both KTRK-TV and ABC.

___

Associated Press writer Jocelyn Noveck in New York contributed to this report.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Steven Sloan
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Law

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Law

ponzi
Arts & Entertainmentfraud
Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme
By Rebecca Boone and The Associated PressJuly 30, 2026
16 hours ago
interlochen
North AmericaJeffrey Epstein
Probe of exclusive Michigan boarding school finds Epstein and 47 others accused of abuse
By Ed White and The Associated PressJuly 30, 2026
16 hours ago
musk
LawElon Musk
xAI sues Minnesota over law banning AI ‘nudification’ tech
By Marc Levy, Barbara Ortutay and The Associated PressJuly 30, 2026
16 hours ago
f
LawCongress
RFK says he found Fauci’s diary in government archives as Fauci invokes the Fifth Amendment over 100 times
By Lauran Neergaard, Ali Swenson and The Associated PressJuly 29, 2026
1 day ago
Fauci accuses Rand Paul of ‘unhinged obsession,’ pleads Fifth at least 100 times on COVID origins despite full Biden pardon
North AmericaCongress
Fauci accuses Rand Paul of ‘unhinged obsession,’ pleads Fifth at least 100 times on COVID origins despite full Biden pardon
By Nick LichtenbergJuly 29, 2026
2 days ago
Costco’s $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
RetailCostco
Costco’s $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
2 days ago

Most Popular

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
2 days ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
2 days ago
Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
Real Estate
Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
By Catherina GioinoJuly 30, 2026
23 hours ago
Current price of oil as of July 30, 2026
Personal Finance
Current price of oil as of July 30, 2026
By Joseph HostetlerJuly 30, 2026
19 hours ago
'Am I paying for the vibes?' Gen Z says it hates capitalism, but their spending patterns show they just don't like being ripped off
Retail
'Am I paying for the vibes?' Gen Z says it hates capitalism, but their spending patterns show they just don't like being ripped off
By Nick LichtenbergJuly 30, 2026
19 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
6 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.