Bob Iger revealed Disney has plans for a multi-billion-dollar, 10-year investment in its Walt Disney World park in Florida, a state the company has recently been in conflict with.
entertainment giant expressed opposition to DeSantis signing a law regulating the teaching of sexual orientation in kindergarten through third-grade classrooms.
Crowds pack and fill Main Street USA at the Magic Kingdom Park at Walt Disney World in Orange County, Florida, on June 1, 2022. Entrance to Walt Disney World on March 16, 2020. Annual passholders have filed a lawsuit over theme park reservation system, park hopping.Iger, while responding to the shareholder question, said that "while the company may have not handled the position they took very well," a company "has the right to freedom of speech.
"Our point on this is, any action that thwarts those efforts simply to retaliate for a position the company took sounds not just anti-business but anti-Florida," Iger told shareholders after revealing the investment plans.
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