Earlier this year, former Disney CEO Bob Chapek publicly opposed Florida’s so-called “Don’t Say Gay” bill, which bans instruction of gender identity and sexual orientation to children in kindergarten through third grade. Opponents say the bill marginalizes the LGBTQ community. In retribution, Florida lawmakers voted to end Disney’s status as a special purpose district, which allowed the company to function as an independent government within the state for more than half a century. State lawmakers hope Iger will repudiate his predecessor’s position.
Disney taxed itself to cover city responsibilities like power,
On Nov. 20, Disney’s board ousted Chapek and reinstated Bob Iger, the company’s CEO from 2005 to 2020. He has a long to-do list, including fixing Disney’s streaming offerings and getting back in Florida’s good graces.