After a joke by late-night host Jimmy Kimmel drew calls from the White House for ABC to fire the comedian, the US Federal Communications Commission on Tuesday ordered an early licence review of the network’s television stations.

The stand-off between US President Donald Trump’s administration and the global entertainment conglomerate is the first crisis facing Walt Disney’s new CEO Josh D’Amaro.

Last Thursday, Kimmel, whose late-night television programme airs on Disney’s ‌ABC, did a send-up of...