Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Disney, Florida's DeSantis end spat with deal on 15-year expansion plan
https://www.reuters.com/world/us/disney-floridas-desantis-end-spat-with-deal-15-year-expansion-plan-2024-06-13/Disney, Florida's DeSantis end spat with deal on 15-year expansion plan
By Reuters
June 13, 2024 5:00 AM EDT Updated 2 hours ago
June 12 (Reuters) - Disney (DIS.N), and Florida Governor Ron DeSantis have put an end to their feud with a deal that allows the entertainment giant to develop the Walt Disney World Resort near Orlando for the next 15 years.
DeSantis and Disney, one of Florida's biggest employers, had been embroiled in a dispute since 2022, when former Disney CEO Bob Chapek criticized a state legislative effort to limit classroom discussion of sexuality and gender issues for younger students. Critics described it as the "Don't Say Gay" law.
Under the agreement with the Central Florida Tourism Oversight District, Disney said it would spend at least $8 billion at the resort over a decade with a total of $17 billion invested over 10 to 20 years.
It will also expand an affordable housing initiative and ensure at least 50% of its total spending in the expansion goes to Florida businesses, according to the Central Florida Tourism Oversight District.
[...]
By Reuters
June 13, 2024 5:00 AM EDT Updated 2 hours ago
June 12 (Reuters) - Disney (DIS.N), and Florida Governor Ron DeSantis have put an end to their feud with a deal that allows the entertainment giant to develop the Walt Disney World Resort near Orlando for the next 15 years.
DeSantis and Disney, one of Florida's biggest employers, had been embroiled in a dispute since 2022, when former Disney CEO Bob Chapek criticized a state legislative effort to limit classroom discussion of sexuality and gender issues for younger students. Critics described it as the "Don't Say Gay" law.
Under the agreement with the Central Florida Tourism Oversight District, Disney said it would spend at least $8 billion at the resort over a decade with a total of $17 billion invested over 10 to 20 years.
It will also expand an affordable housing initiative and ensure at least 50% of its total spending in the expansion goes to Florida businesses, according to the Central Florida Tourism Oversight District.
[...]
3 replies
= new reply since forum marked as read
= new reply since forum marked as read
