Disney Beats Wall Street Even as Disney+ Sheds 4 Million Subscribers

speech from Monday announcing that he was seeking the presidency, calling him “a breath of fresh air” and Reagan-esque. McEnany, who served the Trump administration as the 33rd White House press secretary, predicted that Scott would bring that same positive, winning message to the debate stage – and that Trump would be there to meet it.“My former boss never spoiled from a fight,” she said. “He will show up.”McEnany acknowledged that Scott starts out his campaign with dismal polling numbers.“President Trump has a 36.9 percent lead on RealClear Politics – that is enormous … there’s no denying that Donald Trump is the front-runner right now.

If the feud between Disney and Florida Gov. Ron DeSantis was going to be escalated yet again, parks chief Josh D’Amaro didn’t seem like he would be the one to do it.

If you figured the war between Disney and Gov. Ron DeSantis was going to take a breather for the weekend, think again.

Cannes took audiences back to their childhoods with the first screening of “Indiana Jones and the Dial of Destiny.” The film’s splashy premiere saw stars Harrison Ford, Phoebe Waller-Bridge and Mads Mikkelsen walk the red carpet, alongside Walt Disney CEO Bob Iger and director James Mangold. The first reactions were slow to drop but were filled with enthusiasm.

In the week since Wilton Manors’ city commission voted unanimously to amend the permit for the Stonewall Pride Parade & Street Festival, people on both sides of the issue on whether or not to comply with drag laws have lashed out.

It was a great night for Disney as Indiana Jones And The Dial Of Destiny had a smash debut in its World Premiere Thursday evening at the Cannes Film Festival where the June 30th release received a warm 5 minute standing ovation, especially for Harrison Ford in his swan song in the title role he started playing 40 + years ago. There noticeably to witness the French love and affection was none other than Disney boss Bob Iger attending his first-ever Cannes Festival (believe it or not) and even taking his own photos during the ovation for the movie. At the Carlton Beach after party I told him Deadline had just been the first to post its review, a rave (from our colleague Stephanie Bunbury) and you could see the absolute relief on his face. “You have made me very happy to hear that, ” he told me, and he meant it. All this came on the same day Disney took another shot at Florida Governor Ron DeSantis by announcing the cancellation of a plan to move several thousand California employees to Florida. The Cannes respite must have been nice.

Just over a week ago, Bob Iger rhetorically asked the adversarial  Gov. Ron DeSantis if Florida really wanted Disney’s considerable business and tax revenue, or not. Now, without mentioning the would-be presidential contender nor his attacks on the company, the Mouse House has pulled some of that business and taxes revenues from the Sunshine State.

Gene Maddaus Senior Media Writer The Walt Disney Co. has scrapped plans to build a $1 billion office complex in Orlando, as the company continues to wage a political and legal battle with Florida Gov. Ron DeSantis. In an email to employees on Thursday, Disney executive Josh D’Amaro said that “considerable changes,” including “new leadership” and “changing business conditions,” had led to the decision to cancel the project. Disney had planned to move 2,000 employees to the Lake Nona complex once it was complete, mostly from the Imagineering division. The company announced the project in 2021, and reports indicated it could have benefited from as much as $500 million in state tax incentives.

Bob Chapek, Former CEO 2022 Chapek compensation: $24.2M/ -25.5% Bob Iger, CEO 2022Iger compensation: $15M/ -67.3% Median employee compensation: $54,256 Chapek pay ratio to median employee: 446 So long, Mr. Chapek! It was a rocky time atop the Magic Kingdom for the Disney chief, who was booted from his post in November just months after the company’s board renewed his contract. During Chapek’s tenure Wall Street soured on Disney’s spending on its streaming service, to say nothing of a near employee revolt over his stumbling response to Florida’s “Don’t Say Gay” law.

Rita Ferro, Disney’s ad sales and partnerships chief, urged media buyers at the company’s New York upfront Tuesday to “lean into all aspects of diversity” with their marketing commitments.

The Walt Disney Co. is asking a judge to dismiss or stay a state lawsuit brought by the special district that oversees its Florida property, calling the litigation “moot” given recent actions taken by the state.

McKinley Franklin editor Jenna Barbee, a fifth-grade Florida teacher, is under investigation by the Florida Department of Education after showing her class the animated Disney movie “Strange World,” which features an openly gay character. In a video posted to TikTok, Barbee said that she is being investigated for indoctrination after showing the film. “Our students had standardized testing all morning,” Barbee said in the video. “I thought it would be a great time to give them a brain break by showing a movie that related to what we were learning about in school…I chose this movie because it relates to our curriculum.” Prior to showing the film, Barbee acquired signed parent permission slips from students. She was then reported to the Florida Department of Education for indoctrination by Shannon Rodriguez, a board member of the Hernando County School District Board and parent of a student in Barbee’s class. The complaint related to Florida Gov. Ron DeSantis’ “Don’t Say Gay” legislation that has limited conversations about sexual orientation and gender identity in schools. 

William Earl Disney CEO Bob Iger criticized Florida governor Ron DeSantis’s political moves in Florida on the company’s May 10 Q2 earnings call. The business-political feud was brought up as a result of a shareholder asking about the parks in Florida while there are political battles with the governor. “Regarding Florida, I got a few things I want to say about that bill,” he said. “First of all, if the case that we filed last month, made our position and the facts very clear, and that’s really that this is about one thing and one thing only and that’s retaliating against us for taking a position about pending legislation. And we believe that in us taking that position we are merely exercising our right to free speech. Also, this is not about special privileges or a level playing field or Disney in any way using its leverage around the state of Florida.

Disney Parks & Experiences generated the bulk of parent profits and about a third of total revenue last quarter with a noteworthy swing in international from Hong Kong to Shanghai to Paris.

Gene Maddaus Senior Media Writer The war between Disney and Florida Gov. Ron DeSantis does not appear to be calming down any time soon — as both sides have traded lawsuits in a struggle for control over the company’s Orlando theme parks. In the latest move, the DeSantis-backed board that oversees Disney World, EPCOT and the other parks will take up a proposal on Wednesday to establish a code enforcement system. According to a staff report, the proposal would allow code enforcement officers to impose civil penalties of up to $500 per infraction per day — the maximum allowed by state law. The board would also appoint a special magistrate who could hear appeals of citations.

The Walt Disney Co. filed an amended lawsuit against Florida governor Ron DeSantis after the state legislature moved to void a 30-year theme park development agreement.

Ron DeSantis is claiming victory over silencing Disney following their public feud after the entertainment company openly opposed the so-called “Don’t Say Gay” bill that was signed into law by the Florida governor.

Disney’s seemingly successful efforts to outfox Florida Gov. Ron DeSantis’ power grab to control the area around Disney World are “not even worth the paper they were printed on,” according to a countersuit filed Monday by the GOP presidential aspirant’s replacement board.

“I believe in the First Amendment, and not just because my good friend Jimmy Madison wrote it,” joked President Joe Biden tonight at the White House Correspondents’ Association Dinner.

The federal judge presiding over Disney’s lawsuit against Florida Gov. Ron DeSantis has recused himself, citing a conflict of interest.