Court Curbs FCC

The most likely path is that the skeptical district judge finds procedural or statutory flaws in the FCC's early license review and grants Disney meaningful interim relief. The ruling would not end the broader Trump-era FCC pressure campaign, but it would sharply reduce near-term license-revocation risk for ABC-owned stations.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.