This is the logo owned by Keshet Productions for Rising Star (TV series). Further details: The logo used by the American singing competition show, Rising Star.

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Rising Star (U.S. TV series)

Entire image

Yes

The image is placed in the infobox at the top of the article discussing Rising Star (TV series), a subject of public interest. The significance of the logo is to help the reader identify the organization, assure the readers that they have reached the right article containing critical commentary about the organization, and illustrate the organization's intended branding message in a way that words alone could not convey.

Because this logo in this particular variant is presumably copyrightable, there is almost certainly no free equivalent thereof; while the original logo is simple enough to qualify as public domain, that is possibly not the case with this iteration. Any substitute that is not a derivative work would fail to convey the intended significance of the logo, would tarnish or misrepresent its image, or would fail its intended purpose of identification or commentary.

The use of the logo in its accompanying article complies with Wikipedia's non-free content policy and logo guidelines as well as with the fair use provisions of United States copyright law, as described above.
The website for the organization in question can be found at http://abc.go.com/.