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Disney CEO hints at ceasefire in ongoing culture war with Florida, social conservatives — while unveiling plans to invest $60B in theme parks and cruise ships
YAHOO FINANCE/REUTERS ^ | September 21, 2023 | Bethan Moorcraft

Posted on 09/22/2023 7:13:29 AM PDT by hcmama

Walt Disney chief Bob Iger has hinted at a possible ceasefire in the culture war between the global media and entertainment conglomerate and its socially conservative critics — telling investors the company will “quiet the noise,” according to an analyst report obtained by Reuters.

The CEO’s new strategy comes as Disney (NYSE: DIS) remains at legal loggerheads with Florida Gov. Ron DeSantis — a dispute that kicked off when the entertainment giant protested the state’s so-called “Don't Say Gay” bill, which banned classroom discussion of sexual orientation or general identity for Florida public school students between kindergarten and Grade 3.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Political Humor/Cartoons
KEYWORDS: desantiswon; disney
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A win for a change
1 posted on 09/22/2023 7:13:29 AM PDT by hcmama
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To: hcmama

Watch what the other hand is doing.

L


2 posted on 09/22/2023 7:14:54 AM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: Lurker

3 posted on 09/22/2023 7:17:17 AM PDT by hcmama
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To: hcmama

Disney’s getting carved up and sold in a fire sale. This guy investing $60bln is hysterical. Unlike the US, Disney can’t print money it doesn’t have.

They have destroyed some of the biggest IPs in history. Marvel, Star Wars, Indiana Jones are all next to worthless because of Disney’s ridiculous politics.


4 posted on 09/22/2023 7:20:09 AM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: hcmama

What fool is loaning Disney $60 billion that Disney will flush


5 posted on 09/22/2023 7:21:17 AM PDT by butlerweave
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To: hcmama

If he thinks DeSantis gave them hell, wait until Gov. Gaetz gets a hold of them. These CEO’s really aren’t that bright.


6 posted on 09/22/2023 7:24:13 AM PDT by 1Old Pro
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To: butlerweave

He’ll have to t pay it back with half th the market he used to have


7 posted on 09/22/2023 7:27:16 AM PDT by bigbob (Q)
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To: hcmama

A ceasefire isn’t a surrender... don’t confuse the two.


8 posted on 09/22/2023 7:31:05 AM PDT by HamiltonJay
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To: hcmama

Disney out priced itself at the parks and on the cruise ships. It is making lousy politically correct movies that even leftists don’t want to see. It took about thirty years to ruin and wreck what was established by its founder. The Disney heirs themselves were not too competent or bright. This is the fate of many family dominated businesses. Same thing will happen to Fox.


9 posted on 09/22/2023 7:35:12 AM PDT by allendale
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To: HYPOCRACY

Disney’s ridiculous politics’
#1 Marketing Rule- Protect the Brand.
Disney didn’t protect the innocence the Brand was known for. They allowed it to become perverted and here we are.


10 posted on 09/22/2023 7:36:01 AM PDT by griswold3 (Truth, Beauty and Goodness )
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To: HYPOCRACY

Well, also what they have done to Star Wars is kind of responsible for this; Indy has run his course.


11 posted on 09/22/2023 7:41:34 AM PDT by Republican in occupied CA (We had enough government in 1789)
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To: allendale

“This is the fate of many family dominated businesses.”

See Ford (Though it took until the grand kids)


12 posted on 09/22/2023 7:44:58 AM PDT by Fai Mao (SUtarve the beast and steal its food!)
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To: hcmama

He will need to seriously clean house to accomplish this. The woke types consider themselves on a crusade against fascists. They won’t listen to instructions. They will subvert.


13 posted on 09/22/2023 7:47:13 AM PDT by Stravinsky
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To: hcmama

Wait. Isn’t the “new” Snow White coming out with that obnoxious hipster Rachel Zegler? You know, the one that’s been dumping all over the tradional Snow White.


14 posted on 09/22/2023 7:48:39 AM PDT by Obadiah
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To: griswold3

“#1 Marketing Rule- Protect the Brand.”

#2 Marketing Rule—If you stupidly destroyed the brand don’t try to “fix” it. Start from scratch with a new brand.


15 posted on 09/22/2023 7:51:06 AM PDT by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: hcmama

WILL THEY SELL ABC TO FUND THIS???


16 posted on 09/22/2023 7:51:10 AM PDT by ridesthemiles
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To: butlerweave

ABC MIGHT BE FOR SALE.

BYRON ALLEN HAS MADE A BID.


17 posted on 09/22/2023 7:52:00 AM PDT by ridesthemiles
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To: hcmama

I think he is just trying to get everyone to lower their guard.

Disney doesn’t like consersatives, but they like our money.


18 posted on 09/22/2023 7:52:03 AM PDT by Tai_Chung
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To: hcmama

House all the illegals on Disney cruise ships.


19 posted on 09/22/2023 7:56:07 AM PDT by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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How about Disney stop trying to entice children into anything sexual, directly or indirectly. Also expunge all content forever that has done this is the past. produce a legal document that Disney will not engage in practices of that nature in the future under penalty of complete dissolution of the company.


20 posted on 09/22/2023 8:08:38 AM PDT by USCG SimTech
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