Disney Feels ‘Hard Impact’ of Disastrous Oscars Ratings as ABC Faces Advertiser Uncertainty
Millions of Americans who have grown weary of left-wing lectures from celebrities decided against watching this year’s Academy Awards, helping to send ratings for the ABC telecast plummeting to their lowest level in modern history. Now the Walt Disney Co., which owns ABC, is acknowledging the “hard impact” the disastrous broadcast has had on the company.