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Station owner Sinclair ticks up following news it won’t air Tuesday’s return of “Jimmy Kimmel Live!”

Disney on Monday said that Jimmy Kimmel’s late-night show will return to ABC on Tuesday evening, ending the show’s nearly weeklong suspension. But not every television station will be airing it.

On Tuesday night, TV station owner Sinclair Inc., which says it’s the “largest ABC affiliate group,” announced that it will continue to keep “Jimmy Kimmel Live!” off of its ABC stations. The stations will instead show “news programming.” Sinclair shares rose nearly 4% on Tuesday morning.

The move highlights the power that companies like Sinclair and rival Nexstar have over deciding what content makes it across US airwaves. Together, the two companies control 20% of ABC affiliates — not accounting for Nexstar’s potential megamerger with Tegna.

Nexstar, which also ticked up Tuesday morning, has not announced its decision on airing Kimmel’s show Tuesday and did not immediately respond to a request for comment.

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Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.