Trump calls for Jimmy Kimmel’s firing; FCC reviews Disney licenses
President Trump and Melania Trump have called for Jimmy Kimmel's firing following a joke about her on his ABC show, while the FCC has reportedly begun reviewing Disney’s broadcast licenses. Despite these pressures, prediction markets show declining odds—now at 5.5%—that Kimmel will be fired or resign by May 31. The market suggests traders believe Disney will resist political pressure. The situation hinges on whether the FCC takes formal action or Disney responds publicly.
Opening excerpt (first ~120 words) tap to expand
President Trump and Melania Trump have called for comedian Jimmy Kimmel to be fired from ABC. The market for Kimmel’s firing or resignation by May 31 is at 5.5% YES, down from 8% twenty-four hours ago. The controversy stems from Kimmel’s recent monologue joking about Melania Trump. The FCC has reportedly begun reviewing Disney’s broadcast licenses, adding a separate pressure track. Despite both developments, odds have moved downward, not up. Market reaction The May 31 market saw a 43-point drop earlier, and with 32 days left until resolution, it sits at 5.5% YES. It takes $6,265 to move the price 5 points, indicating moderate liquidity. Daily trading volume is $15,267, a fraction of the contract’s face value. Traders are clearly skeptical that Kimmel will actually be ousted.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
