{"id":1759764,"date":"2022-12-02T11:02:58","date_gmt":"2022-12-02T16:02:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1759764"},"modified":"2022-12-02T12:02:35","modified_gmt":"2022-12-02T17:02:35","slug":"florida-might-return-disneys-special-privileges-after-ceo-bemoans-companys-political-activism-but-theres-a-huge-catch","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/florida-might-return-disneys-special-privileges-after-ceo-bemoans-companys-political-activism-but-theres-a-huge-catch\/","title":{"rendered":"Florida Might Return Disney\u2019s Special Privileges After CEO Bemoans Company\u2019s Political Activism; But There\u2019s A Huge Catch"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fflorida-might-return-disneys-special-privileges-after-ceo-bemoans-companys-political-activism-but-theres-a-huge-catch%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1759764&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Lawmakers in <a href=\"http:\/\/dailywire.com\/topic\/florida\" target=\"_blank\" rel=\"noopener\">Florida<\/a> are currently working to reverse the state government\u2019s move to <a href=\"https:\/\/www.dailywire.com\/news\/disney-is-a-guest-in-florida-florida-lawmakers-consider-terminating-disneys-district\" target=\"_blank\" rel=\"noopener\">end<\/a> the Reedy Creek Improvement District, a special zone that hosted <a href=\"http:\/\/dailywire.com\/topic\/disney\" target=\"_blank\" rel=\"noopener\">Disney<\/a> theme parks and allowed the entertainment conglomerate to enjoy taxation and regulatory privileges, according to a <a href=\"https:\/\/www.ft.com\/content\/64162abf-e0bd-4a6f-968a-cb4872e5c4f5\" target=\"_blank\" rel=\"noopener\">report<\/a> from the Financial Times.<\/p>\n<p>The pivot from state lawmakers came after Disney voiced opposition earlier this year to a Florida law prohibiting instruction about sexual orientation and gender identity for students between kindergarten and third grade.<\/p>\n<p>Last week, however, former Disney CEO Bob Chapek, who caved to activists within the company and rebuked Florida over the law, was <a href=\"https:\/\/www.dailywire.com\/news\/reeling-disney-fires-ceo-as-woke-culture-blamed-for-stock-plunge\" target=\"_blank\" rel=\"noopener\">unexpectedly ousted<\/a> and replaced by his predecessor, Bob Iger. The seasoned executive <a href=\"https:\/\/www.dailywire.com\/news\/new-disney-ceo-says-company-will-quiet-things-down-regrets-predecessor-battled-desantis\" target=\"_blank\" rel=\"noopener\">expressed contrition<\/a> over the move in a town hall meeting with employees, where he remarked that the company should not have been \u201cdragged into that battle\u201d and confirmed he will work to \u201cquiet things down\u201d politically.<\/p>\n<p>Florida lawmakers appear to have taken notice. \u201cIt\u2019s easier to shift policy when you don\u2019t have to defend the old policy,\u201d State Representative Randy Fine (R-FL), who drafted the legislation to end the special privileges, told the Financial Times. \u201cChapek screwed up, but Bob Iger doesn\u2019t have to own that screw-up.\u201d<\/p>\n<p>The move may not be a wholesale victory for the iconic company. State Senator Linda Stewart (D-FL) told the Financial Times that DeSantis, who overwhelmingly <a href=\"https:\/\/www.dailywire.com\/news\/ron-desantis-wins-against-charlie-crist-projection\" target=\"_blank\" rel=\"noopener\">won a second term<\/a> last month, could be permitted to appoint two individuals to the board of the Reedy Creek Improvement District under the new arrangement, among other changes. Lawmakers\u2019 earlier revocation of the special zone does not take effect until next summer.<\/p>\n<p>Shares for Disney have fallen nearly 38% since the beginning of the year, while the Dow Jones Industrial Average has declined roughly 7% over the same period. Among other concerning metrics, Disney reported a <a href=\"https:\/\/www.dailywire.com\/news\/u-s-subscriptions-at-ultra-woke-disney-slow-to-a-crawl-after-company-loses-left-wing-political-battles\" target=\"_blank\" rel=\"noopener\">significant slowdown<\/a> in new domestic subscriptions for streaming service Disney+ after leaping into the fray of contentious social issues.<\/p>\n<p>During an <a href=\"https:\/\/www.dailywire.com\/news\/desantis-nails-disney-after-ceo-bob-iger-sorry-for-fighting-florida-they-brought-this-on-themselves\" target=\"_blank\" rel=\"noopener\">interview<\/a> earlier this week, Governor Ron DeSantis (R-FL) said that Disney brought the rebuke from the legislature upon themselves. \u201cWe didn\u2019t drag them in,\u201d he commented. \u201cThey went in on their own, and not only opposed the bill. They threatened to get it repealed.\u201d<\/p>\n<p>When asked about the parental rights legislation, Iger affirmed that \u201cLGBTQ employees\u201d at Disney are \u201cvery important to us\u201d and noted that the company would continue promoting \u201cinclusion\u201d in its work. However, he cited a \u201cdelicate balance\u201d between telling stories and \u201clistening\u201d to audience members. \u201cIt\u2019s important to have respect for the people that you\u2019re serving, that you\u2019re trying to reach, and not have disdain for them,\u201d he said.<\/p>\n<p>The comments from Iger, who is reportedly <a href=\"https:\/\/www.dailywire.com\/news\/report-ex-disney-ceo-bob-iger-near-top-of-bidens-ambassador-wishlist\" target=\"_blank\" rel=\"noopener\">less centrist<\/a> in his personal politics than Chapek, occurred after \u201cStrange World,\u201d an animated film featuring a homosexual teenage romance, <a href=\"https:\/\/www.dailywire.com\/news\/animated-gay-teen-romance-film-is-woke-disneys-latest-box-office-bomb\" target=\"_blank\" rel=\"noopener\">fizzled<\/a> at the box office during what should have been a strong holiday weekend opening. \u201cLightyear,\u201d the latest installment in the popular \u201cToy Story\u201d franchise, <a href=\"https:\/\/www.dailywire.com\/news\/gay-kiss-included-woke-toy-story-spinoff-lightyear-struggles-at-box-office?%3Futm_source=twitter&amp;utm_medium=social&amp;utm_campaign=dwtwitter\" target=\"_blank\" rel=\"noopener\">featured<\/a> a same-sex kiss and likewise struggled at the box office.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawmakers in Florida are currently working to reverse the state government\u2019s move to end the Reedy Creek Improvement District, a special zone that hosted Disney theme parks and allowed the entertainment conglomerate to enjoy taxation and regulatory privileges, according to a report from the Financial Times. The pivot from state lawmakers came after Disney voiced &#8230;<\/p>\n","protected":false},"author":99,"featured_media":1890627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"Florida Might Return Disney\u2019s Special Privileges After CEO Bemoans Company\u2019s Political Activism; But There\u2019s A Huge Catch","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1759764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"Florida Might Return Disney\u2019s Special Privileges After CEO Bemoans Company\u2019s Political Activism; But There\u2019s A Huge Catch","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1759764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1759764"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1759764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1890627"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1759764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1759764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1759764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}