Marc Filippino

Ryan McMurrow is the FT's West Coast Finance Correspondent.

Thanks, Ryan.

Thanks for having me on, Mark.

Disney reports its quarterly earnings tomorrow, and I think everyone is eager to hear how new CEO Josh DeMauro is holding up.

He only took over in March, but he's already got to figure out how to clean up a huge mess.

It involves one of the company's late-night talk show hosts and President Trump.

Shortly after the most recent dust-up, the federal government opened an investigation into Disney.

Here to talk about all this is the FT's U.S.

media editor, Ana Nicolaou.

Hi, Ana.

Hi, Mark.

How are you?

I'm doing well.

Let's do some background quickly.

So Disney owns the TV channel ABC and ABC late night host Jimmy Kimmel and Trump.

They've been going back and forth since last year.

Disney temporarily suspended Kimmel's show in the fall after one of his jokes angered Trump, which brings us to the White House Correspondents Dinner in April.

What happened there?

Now, we should say that Kimmel defended his joke as satire.

Now, shortly after all this, the Federal Communications Commission launched a probe into Disney's broadcast licenses.