The decision about whether to keep Jimmy Kimmel on his late-night ABC show depends on far more than his jokes. The choice is complicated by a web of business and regulatory considerations involving ABC’s parent company, other media companies and the Trump administration. It’s the inevitable result of industry consolidation that over years has built giant corporations with wide-ranging interests. ABC owner Walt Disney Co. is a massive organization with far-flung operations. It frequently seeks federal regulatory approval to expand, buy or sell businesses or acquire licenses. The Trump administration has not spared the company from investigations. It has opened multiple inquiries in just the past few months to probe possible antitrust, programming and hiring violations.
