The entertainment giant’s move to cancel a major office project stung the Florida governor just days before he is expected to officially enter the 2024 race.
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Archives for May 2023
Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud
Disney and Florida Gov. Ron DeSantis are entangled in a bitter feud centered in part around the company’s special district and development plans.
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Amid Feud with DeSantis, Disney Pulls Plug on $1 Billion Development
A new office complex, and relocation of a division from California, would have created more than 2,000 jobs but was scuttled as the company and Gov. Ron DeSantis continue to feud.
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Disney Argues New Florida Law Nullifies DeSantis-Backed Suit
The company wants a state court case involving development at Disney World dismissed, saying actions by the Florida governor and his allies made it moot.
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Disney asks court to dismiss DeSantis board’s lawsuit in fight over special tax district
Disney asked a Florida court to dismiss a lawsuit by the board of supervisors that was handpicked by Gov. Ron DeSantis to oversee Disney World’s operations.
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Comcast will likely sell Hulu stake to Disney at the beginning of 2024, CEO Roberts says
Disney already owns a two-thirds stake in Hulu and has operational control over the streaming service.
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Disney shares sink after the company reports streaming subscriber losses
The company, which posted profit and revenue for the period that were in line with Wall Street estimates, reported a loss of 4 million Disney+ subscribers.
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The streaming wars are over, and it’s time for media to figure out what’s next
Disney’s loss of 4 million subscribers during the first three months of the year cements the end of the streaming wars.
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Iger hammers Florida ‘retaliation’ on Disney’s earnings call
Disney isn’t the only business in Florida that operates within a special district, CEO Bob Iger said.
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Disney CEO Bob Iger praises rival Universal’s ‘Super Mario Bros. Movie’
“The Super Mario Bros. Movie” has grossed over $1.1 billion worldwide, while Disney’s recent animated offerings have struggled at the box office.
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