D-exit? How Disney Might Respond Now FL Governor Has Signed Bill Revoking Self-Governing Status

Florida Governor Ron DeSantis has signed into law a state legislation bill stripping the Walt Disney Co.’s self-governing status on its Reedy Creek Improvement District in the Orlando area. The legislative confrontation was brought on by Disney’s criticism of DeSantis’ “Don’t Say Gay” Bill. The law revoking Disney’s self-governing status will take effect in JUN 2023, reports USA Today, and at the moment, any drastic response by Disney remains unknown, but the company doesn’t appear to be backing down. Currently, Disney CEO Bob Chapek said the company is increasing its support for advocacy groups, working to create a new framework for its “political giving,” and halting political donations in Florida pending a review, among other moves.

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