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ESPN has held talks with some of the most powerful leagues in professional sports, including the National Football League, the National Basketball Association and Major League Baseball, about taking a minority stake in its business. Disney’s chief executive, Robert A. Iger, said in a CNBC interview last week that the company was “looking for strategic partners” that could help ESPN with either distribution or content. “But we want to stay in the sports business,” said Mr. Iger, whose contract with Disney was recently extended through 2026. Selling a stake in ESPN could give Disney a cash infusion as it faces pricey renewals with sports leagues including the N.B.A., which is sure to demand a premium for the rights to show its games in the coming years. Hearst, the owner of magazines like Cosmopolitan and information services like Fitch Group, owns a minority stake in ESPN.

Persons: Robert A, ”, Iger, Hearst Organizations: ESPN, National Football League, National Basketball Association, Major League Baseball, Walt Disney Company, Disney, CNBC, Cosmopolitan, Fitch Group

☆ Disney approaches Indian court in Google in-app billing dispute - source
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

[1/2] A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File PhotoNEW DELHI, July 18 (Reuters) - Walt Disney (DIS.N) has approached a state court in India in an ongoing legal challenge against Google's (GOOGL.O) in-app billing system, a source familiar with the matter told Reuters on Tuesday. In May, India's competition watchdog started an inquiry into Google after some companies alleged the service fee the U.S. firm charges for in-app payments breaches an earlier antitrust directive. Google, which counts India as a key growth market, had earlier said the service fee supports investments in Google Play app store and the Android mobile operating system, ensuring it distributes it for free, and covers developer tools and analytic services. Reporting by Arpan Chaturvedi in New Delhi and Indranil Sarkar in Bengaluru ; Editing by Savio D'Souza and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Walt Disney, Google's, Arpan Chaturvedi, Indranil Sarkar, Savio D'Souza, Nivedita Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Reuters, Google, Android, Thomson Locations: New York, U.S, DELHI, India, New Delhi, Bengaluru

☆ Stocks making the biggest moves premarket: Delta Air Lines, PepsiCo, MillerKnoll and more
▼ + stars: | 2023-07-13 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Delta posted adjusted earnings per share of $2.68 cents, more than the $2.40 expected by analysts polled by Refinitiv. It gained adjusted revenue of $14.61 billion, greater than the $14.49 billion consensus estimate. MillerKnoll posted adjusted earnings of 41 cents per share on revenues of $957 million. PepsiCo — The beverage stock rose 2% after PepsiCo on Thursday beat earnings and revenue expectation in its recent results, and raised its full-year outlook. The firm reported adjusted earnings of $2.09 per share, more than the $1.96 per share consensus estimate from Refinitiv.

Persons: MillerKnoll, Noguchi, Eames, Refinitiv, Bob Iger's, Iger, Carvana, Bard chatbot, Morgan Stanley, SoFi, — CNBC's Michelle Fox, Jesse Pound Organizations: Delta Airlines, JFK International, Delta Air Lines, Air Lines, Refinitiv, PepsiCo, Walt Disney Company, Disney, CNBC, ViaSat, JPMorgan, European Union, Financial, Microsoft, Cirrus Logic, Barclays Locations: New York City, Americas, Brazil

Wait times for rides and attractions at both resorts have shortened, according to analysts who track theme park attendance. Disney CEO Bob Iger attributed Disney World’s recent decline in wait times to an overall slump in Central Florida tourism. Iger told CNBC he did not have “long-term concerns” about Disney’s theme parks. For Universal’s Florida parks, every month since March has seen lower average wait times, according to the site. Pareti said she spends between four and six days per week at Disney’s parks and visits Universal parks, as well.

Persons: Los Angeles CNN —, Walt, Universal Orlando parkgoers, Bob Iger, ”, Iger, Shorter, July’s, Don Munsil, he’s, Munsil, “, Kayla Pareti, Mickey Travels, Mickey, You’re, Pareti, she’s, “ Don’t, it’s, Comcast’s, Disney’s, That’s, Ron DeSantis, DeSantis, Pete Werner, Christine McCarthy, ” Werner, It’s, Disney Organizations: Los Angeles CNN, Central, Walt Disney World, Universal Orlando, Disney, CNBC, CNN, Universal, Disney’s, Universal Studios, Disney’s Hollywood Studios, Hollywood Studios, Walt Disney Company, Comcast, UBS, DIS Universal, Republican, NAACP, Human Rights, League of United Latin American, Walt Disney, Disney Cruise Locations: Florida, Central Florida, “ Florida, Disney’s Florida, Universal Studios Florida, Bay Lake , Florida, Orange County, Orlando

☆ Disney extends CEO Bob Iger's contract through 2026, two years longer than planned
▼ + stars: | 2023-07-12 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

The Walt Disney Company will extend CEO Bob Iger's deal by two years, extending his tenure through 2026. Iger returned to Disney in November, retaking the job from Bob Chapek, who was appointed CEO in early 2020. On four different occasions between 2013 and 2017, he extended his tenure as CEO after saying he planned to retire. Tune in: CNBC's David Faber will interview Disney CEO Bob Iger on CNBC's "Squawk Box" at 8 a.m. To that end, I'm writing to share that I have agreed to the Disney Board's request to remain CEO for an additional two years – through the end of 2026.

Persons: Bob Iger's, Iger, Bob Chapek, Iger's, CNBC's David Faber, Bob Iger, We've, we've, Christine McCarthy, Bob, Mark Parker, Read, I've, It's, Bob — CNBC's Alex Sherman, Kerry Caufield, David Faber Organizations: Walt Disney Company, CNBC, Disney, Netflix, Warner Bros . Discovery, Paramount, Pixar

☆ Disney extends CEO Bob Iger’s contract through 2026
▼ + stars: | 2023-07-12 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —The Walt Disney Company’s board has unanimously voted to extend CEO Bob Iger’s contract through the end of 2026 — an extension of two years. “Because I want to ensure Disney is strongly positioned when my successor takes the helm, I have agreed to the Board’s request to remain CEO for an additional two years,” he said. In 2020, Bob Chapek, the company’s former chairman of Disney Parks, Experiences and Products, was named CEO after Iger unexpectedly announced his retirement. In November 2022, Chapek was ousted just months after signing onto a new three-year contract with Disney, and Iger stepped back into the role as CEO. Iger’s first term as Disney CEO lasted 15 years, from 2005 to 2020.

Persons: Walt Disney, Bob Iger’s, Iger, Disney’s, ”, ” Iger, Disney, Bob, Mark Parker, “ Bob, Bob Chapek, Chapek, Scarlett Johansson, Iger’s Organizations: CNN, Walt, Disney, Disney Parks Locations: Florida

☆ As Strike Continues, Writers Turn Focus to Ryan Murphy’s Productions
▼ + stars: | 2023-07-10 | by ( Matt Stevens | More About Matt Stevens | ) www.nytimes.com time to read: +1 min

He is among the high-profile showrunners who have donated during the strike to the Entertainment Community Fund, which provides grants to those working in film, TV and other disciplines. Disney owns the FX cable channel, which is home to his “American Horror Story” franchise, which began airing in 2011. “We’re not here in protest of Ryan Murphy, the guy, we’re here in protest of production happening without writers and while writers are on strike,” said Josh Gondelman, a member of WGA-East’s leadership, who was out picketing on Thursday. The Writers Guild had summoned its members to a so-called Horror/Fantasy Theme Day in Queens as the writers’ strike entered its third month. The Alliance of Motion Picture and Television Producers, which bargains on behalf of Hollywood companies, has said that its contract offer includes “generous increases in compensation for writers.”

Persons: Murphy, “ We’re, Ryan Murphy, ”, Josh Gondelman, ’ Organizations: Entertainment Community Fund, Walt Disney Company, Netflix, Disney, FX, WGA, Hollywood, Alliance, Television Producers Locations: Queens

☆ DeSantis is trashing Disney all over America, accusing the company of trying to 'sexualize' children. Don't expect Disney to hit back in court, defamation experts say
▼ + stars: | 2023-07-03 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +11 min

Ron DeSantis is campaigning for president, touting his record in Florida and dragging Walt Disney World through the mud everywhere he goes. Then, DeSantis lobs an incendiary accusation: Disney, by opposing the schools bill, was promoting the "sexualization of children." Part of Disney's hurdle in the courts would be that DeSantis' statements are his own opinion. Similarly, even though DeSantis appears ready keep raising Disney at every campaign stop, a defamation lawsuit would take on another dimension that gets loads of news coverage. Even though Disney would be the plaintiff in a defamation lawsuit, materials uncovered during discovery could put Disney in the position of defending its internal communications or business practices.

Persons: DeSantis, —, Ron DeSantis, Walt, David Logan, Roy Gutterman, Newhouse, Bob Iger, Daniele Venturelli, Eugene Hoshiko, Lidsky, Barbra Streisand, Logan, Charles Glasser, Glasser, Charles Sykes, Paul Hennessy, Gutterman, John Bazemore DeSantis, that's, it's, Disney Organizations: Disney, Service, Gov, Walt Disney, Walt Disney Company, Roger Williams University School of Law, Liberty, Center, Free Speech, Syracuse University, —, University of Florida, Florida Gov, Getty, New York University, Walt Disney World, AP Locations: Florida, North Carolina, Orlando, Philadelphia, Hill, California, Smyrna, Ga

☆ Disney accused in lawsuit of 'systematically' paying women less than men in California
▼ + stars: | 2023-07-01 | by ( Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | Zach Warren | ) www.reuters.com time to read: +2 min

[1/2] A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File PhotoJune 30 (Reuters) - Walt Disney (DIS.N) has been accused of systematically underpaying women in California in a lawsuit that alleges the company's female employees in the state earned $150 million less than their male counterparts over an eight year period. An analysis of Disney's human resource data from April 2015 through December 2022 has found female Disney employees were paid roughly 2% less than male counterparts, the filing said. Nine current or past Disney employees have joined the suit. Lower pay for women in California would breach the state's Equal Pay Act and the Fair Employment & Housing Act.

Persons: Brendan McDermid, Walt Disney, David Neumark, Shawna, Swanson, LaRonda Rasmussen, Lori Andrus, Dawn Chmielewski, Edwina Gibbs Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Disney, University of California Irvine, Housing, Thomson Locations: New York, U.S, California, Los Angeles

☆ Legacy media companies enter dark times as failures mount and Netflix rises again
▼ + stars: | 2023-06-25 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Stock Chart Icon Stock chart icon Netflix vs the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Disney vs. the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Warner Bros. Stock Chart Icon Stock chart icon Paramount Global vs the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Comcast vs the S&P 500 over the past five months.

Persons: Bob Iger, David Zaslav, Bob Bakish, Wells Fargo, Warren Buffett, It's, dethroning, Donald Trump's, Mario, Zaslav, Greenfield, there's, There's, Simon & Schuster, Mark Read Organizations: Walt Disney Company, Warner Bros, Paramount Global, Getty, Companies, Netflix, Disney, Warner Bros . Discovery, Paramount, CNBC, Fox Corp, Comcast, MSNBC, dethroning Fox, Mario Bros, Boston University, Hollywood, Activision, Simon &, WPP, Cannes Lions Locations: Cannes, France

☆ Producer Ryan Murphy Is Expected to Move to Disney
▼ + stars: | 2023-06-20 | by ( John Koblin | Brooks Barnes | ) www.nytimes.com time to read: +1 min

The contract talks with Disney are not finished, according to three people briefed on the matter, who spoke on the condition of anonymity to discuss private negotiations. But the talks between Mr. Murphy and Disney are advanced, the people said. Mr. Murphy’s contract with Netflix expires at the end of the month. Representatives for Mr. Murphy, Disney and Netflix either declined to comment or did not return calls. Bloomberg reported Mr. Murphy’s likely move to Disney earlier on Tuesday.

Persons: Ryan Murphy, Jeffrey Dahmer, ”, decamping, ’, Murphy, Murphy’s Organizations: Walt Disney Company, Hollywood, Netflix, Disney, Bloomberg Locations: Hollywood

Christine McCarthy, Disney's chief financial officer, will step down from that role, the entertainment giant said Thursday. She will take a family medical leave of absence, and during that time, she will continue as a strategic advisor to Disney , the company said. Veteran Disney executive Kevin Lansberry, who currently works as finance chief for Disney's parks business, will become the company's interim CFO effective July 1. McCarthy, who started with Disney in 2000 and became CFO in 2015, leaves as Disney undergoes a broad restructuring during Bob Iger's second tenure as CEO. During McCarthy's tenure, Disney's streaming spending skyrocketed, and free cash flow fell.

Persons: Christine McCarthy, McCarthy, Disney, Kevin Lansberry, Bob, " McCarthy, Bob Iger's, Bob Chapek, Iger, Christine, — Organizations: Walt Disney Company's, Milken Institute Global, The Beverly Hilton Hotel, Disney, Veteran Disney, Chapek Locations: Beverly Hills , California

☆ Ron DeSantis taunts Gavin Newsom to enter 2024 White House contest against Joe Biden: 'Stop pussyfooting around'
▼ + stars: | 2023-06-15 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

The 2024 presidential candidate on Thursday jabbed Newsom about how he hadn't entered the presidential race to challenge President Joe Biden. Like DeSantis, Newsom cruised to reelection and will be term-limited out in 2026. But unlike DeSantis, 44, Newsom is sitting out the White House contest. DeSantis accused California of encouraging illegal immigration through establishing sanctuary cities, while Newsom called DeSantis a "small, pathetic man" and threatened to consider kidnapping charges. He encouraged Floridians to relocate to California in a direct messaging foil to DeSantis boasting about "the free state of Florida."

Persons: Newsom, DeSantis, Joe, —, Ron DeSantis, Gavin Newsom, jabbed Newsom, hadn't, Joe Biden, Biden, Fox News Sean Hannity, didn't, it's, Floridians Organizations: Fox, Service, Gov, Democratic Gov, White, Democratic Party, Fox News, Walt Disney Company, Democracy Locations: Florida, California, Texas, Sacramento, Anaheim , California

☆ Disney CFO Christine McCarthy steps down
▼ + stars: | 2023-06-15 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

Los Angeles CNN —Disney (DIS) Chief Financial Officer Christine McCarthy is stepping down from her role and taking a family medical leave of absence, the company said Thursday. Kevin Lansberry, the company’s CFO of Parks, Experiences and Products, will step in as interim CFO, effective July 1. “Christine McCarthy is one of the most admired financial executives in America, and her impact on The Walt Disney Company during 23 years of dedicated service cannot be overstated,” Disney CEO Bob Iger said in a statement. McCarthy, who has served as CFO for more than 8 years, will serve as a strategic adviser while on leave and assist with selecting a long-term successor, the company said. “Although I am leaving the CFO role, I look forward to helping with the transition and will always be rooting for the success of my extended Disney family,” McCarthy said in a statement.

Persons: Los Angeles CNN —, Christine McCarthy, Kevin Lansberry, “ Christine McCarthy, Bob Iger, McCarthy, ” McCarthy, Lansberry Organizations: Los Angeles CNN, Los Angeles CNN — Disney, Parks, Walt Disney Company, company’s Parks, Disney Locations: America

☆ Disney CFO Christine McCarthy, who was seen as a possible successor to Bob Iger, is stepping down
▼ + stars: | 2023-06-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +2 min

Disney CFO Christine McCarthy is stepping down and taking a family medical leave, the company announced. McCarthy has been instrumental in helping CEO Bob Iger tackle Disney's challenges since his return as CEO in 2022. Disney SVP and CFO Christine McCarthy, who was seen as a contender to replace CEO Bob Iger, is stepping down to take a family medical leave of absence, the company announced. Kevin Lansberry, EVP and CFO of Disney Parks, Experiences and Products, will serve as interim CFO, starting July 1. McCarthy joined Disney in 2000 and served as treasurer before becoming CFO in 2015.

Persons: Christine McCarthy, Kevin Lansberry, McCarthy, Bob Iger, Iger, he's, Bob Chapek, Chapek's, he'd, She's Organizations: Disney, Longtime Disney, Morning, Disney Parks, Walt Disney Company, Wall Locations: America

☆ Why Is Disney Fighting DeSantis? I Know the Answer. - The New York Times
▼ + stars: | 2023-06-07 | by ( Sean Griffin | ) www.nytimes.com time to read: +1 min

Even Chick-fil-A, the chicken-sandwich seller that has historically been aligned with conservative causes, drew sudden condemnation for an existing diversity, equity and inclusion policy. Companies are rarely exemplars of courage, and some — particularly Anheuser-Busch, Bud Light’s brewer — switched course almost immediately. But the noise is obscuring a bigger transformation amid the growing politicization of big business. Ron DeSantis of Florida last year attacked the Walt Disney Company for criticizing his anti-L.G.B.T.Q. Why would one of America’s largest corporate entities, particularly one lacking a long history of taking grand positions on social issues, go to the mat for L.G.B.T.Q.

Persons: Bud Light, Bud Light’s, —, Ron DeSantis, Disney, Donald Trump Organizations: America, Pride, Anheuser, Busch, Walt Disney Company, Republican Locations: Orlando, Fla, Florida

☆ Growing GOP field isn’t selling primary voters on why they should ditch Trump
▼ + stars: | 2023-06-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —The Republican presidential field is growing almost by the day, but no candidate has yet offered an effective answer to GOP primary voters on the race’s most compelling question – why they should ditch Donald Trump. Nikki Haley has been on the trail for weeks, appearing in a CNN town hall on Sunday in Iowa. No Republican voters will weigh in for at least six months in early state contests. There’s even less evidence that GOP voters believe that Trump’s legal problems disqualify him from serving as their nominee. In an NBC News poll in April, 68% of Republican voters believed that investigations into Trump were politically motivated attempts to stop him.

Persons: Donald Trump, Mike Pence, Chris Christie, Ron DeSantis, South Carolina Sen, Tim Scott, Nikki Haley, Doug Burgum, –, Trump, Chris Sununu –, CNN’s Dana Bash, He’s, ” Sununu, Haley, Scott, Asa Hutchinson, Pence, DeSantis ’, DeSantis, ” Trump, Sean Hannity, Mickey Mouse, Ukraine’s, Vladimir Putin, ”, Putin, Ronald Reagan, There’s, Jean Carroll, quagmire Organizations: CNN, Republican, GOP, Former New Jersey Gov, Tuesday . Florida Gov, South, South Carolina Gov, North Dakota Gov, Trump, New, New Hampshire Gov, Washington Republicans, Republican Party, Republicans, Fox, Walt Disney Company, Cabinet, United Nations, NATO, Justice, NBC Locations: Tuesday, Iowa, South Carolina, New Hampshire, Trump, Arkansas, Florida, Russian, Ukraine, Baltic, –

☆ Apple's Vision Pro headset will launch with Disney+ streaming
▼ + stars: | 2023-06-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

Dubbed Vision Pro, the headset will allow users to interact with digital content in mixed reality. The Walt Disney Company has always been at the forefront of new storytelling technology. On Monday, it announced a new partnership with Apple to bring its streaming service Disney+ to the tech giant's new augmented reality headset. "And we believe Apple Vision Pro is a revolutionary platform that can make our vision a reality." "This platform will allow us to bring Disney to our fans in ways that were previously impossible."

Persons: Bob Iger, We're, Iger, Apple's, Mickey Organizations: Disney, Walt Disney Company, Apple, Star

☆ Exclusive: Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts
▼ + stars: | 2023-06-03 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

[1/2] A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermidJune 3 (Reuters) - Walt Disney's (DIS.N) Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade. Susman had been at Pixar since the release of the original “Toy Story” movie in 1995. The cuts, which took place May 23, are part of Walt Disney Chief Executive Bob Iger’s previously announced plan to eliminate 7,000 jobs and slash $5.5 billion in costs. Disney acquired Pixar in 2006 to revitalize its struggling Disney Animation.

Persons: Brendan McDermid, Walt Disney's, “, Angus MacLane, “ Coco, ” Galyn Susman, Susman, Michael Agulnek, Bob Iger’s, ”, Bob Peterson, Dawn Chmielewski, Cynthia Osterman Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Pixar Animation Studios, Pixar, Walt Disney, Disney Entertainment, Disney, Disney Animation, Thomson Locations: New York, U.S

☆ Judge denies DeSantis bid to disqualify him from Disney case, but recuses himself anyway because his relative owns company's stock
▼ + stars: | 2023-06-02 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

A sign near an entrance to Walt Disney World on May 22, 2023 in Orlando, Florida. Ron DeSantis recused himself from the case Thursday, days after learning that one of his relatives owns stock in The Walt Disney Company . Judge Mark Walker made the decision to remove himself from the case despite denying DeSantis' motion for him to be disqualified. While the judge did not identify the relative by name or relationship, third-degree relatives include great-grandparents, great grandchildren, great uncles and aunts as well as first cousins. Disney's allegations make clear that this case "involves significant economic interests for its parent corporation, in which my third-degree relative owns stock," the judge wrote.

Persons: Ron DeSantis, Judge Allen Winsor, Donald Trump, Mark Walker, DeSantis, Walker, Barack Obama, —, Disney, Walt Disney, Weeks, Bob Chapek Organizations: Walt Disney World, Florida Gov, Walt Disney Company, Trump, DeSantis, United, Disney, Republican, Florida Legislature Locations: Orlando , Florida, United States, Tallahassee , Florida, Florida

☆ Disney CEO Bob Iger's book hints at how he'll handle company's feud with Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.

Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China

☆ Virginia Gov. Glenn Youngkin's potential late entry into the 2024 field seems destined to fail from the start
▼ + stars: | 2023-05-31 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Glenn Youngkin of Virginia is reconsidering a 2024 presidential run, per a recent Axios report. But such a decision would be rife with peril, with Youngkin far down the pack of GOP contenders. Former President Donald Trump speaks to supporters at his rally in Waco, Texas, on March 25, 2023. As of May 31, the GOP polling average on FiveThirtyEight had Trump ahead of DeSantis 54.1%-20.7%, with former Gov. Virginia House Speaker Todd Gilbert, left, gavels to order the special session of the Virginia General Assembly in Richmond, Va., on September 7, 2022.

Persons: Glenn Youngkin, Youngkin, —, Donald Trump, Terry McAuliffe, Joe Biden, Trump, Ron DeSantis, DeSantis, Axios, Evan Vucci Trump, juggernaut Trump, Stormy Daniels, FiveThirtyEight, Nikki Haley, Sen, Tim Scott of, Mike Pence, Marta Lavandier, McAuliffe, Ralph Northam, Todd Gilbert, gavels, Steve Helber, Miles Coleman, Ball, Roe, Wade, Coleman, Aaron Rouse, Jennifer McClellan Organizations: Service, Democratic Gov, GOP, Republican, Walt Disney Company, AP, Manhattan District Attorney's, Gov, South Carolina —, Disney, American Studies, Democratic, Virginia, Virginia General Assembly, Commonwealth, Delegates, Virginia Senate, Republicans, University of Virginia Center for Politics Locations: Virginia, Florida, Waco , Texas, DeSantis, South Carolina, Tim Scott of South Carolina, Iowa , New Hampshire, Texas, Miami, Fla, Richmond , Va, Richmond, Virginia Beach

☆ Biden officials see opportunity to hit DeSantis over abortion restrictions, Disney fight, and his gun record in a potential 2024 presidential matchup: report
▼ + stars: | 2023-05-21 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

A dozen Biden and Democratic officials laid out a plan to attack DeSantis in 2024, per a CNN report. The officials told CNN that DeSantis would be vulnerable on abortion, guns, and battles with Disney. Biden is making an early election push in Florida, a state that has turned sharply toward the GOP. Biden is making an early push to win Florida ahead of the 2024 presidential election, despite major Republican gains in the state over the past decade. "They've realized the outcome of their negligence," former Democratic Rep. Debbie Mucarsel-Powell told CNN.

☆ Disney rocks DeSantis ahead of expected White House bid announcement
▼ + stars: | 2023-05-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Disney did not specifically blame DeSantis for the move, partly citing “changing business conditions.” But the message was clear. In keeping with his bruising political persona, DeSantis reacted defiantly to Disney’s announcement that it would halt the office project. “Ron DeSantis’ failed war on Disney has done little for his limping shadow campaign and now is doing even less for Florida’s economy,” the Trump campaign said in a statement. Another possible GOP primary candidate, former Vice President Mike Pence, also leveraged the Disney announcement to jab DeSantis. Given his political exposure on Disney and the combative political image that is central to his White House hopes, DeSantis probably has no option but to further escalate the showdown.

☆ Iger hammers Florida 'retaliation' on Disney's earnings call
▼ + stars: | 2023-05-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The Walt Disney Company isn't the only business in Florida that operates within a special district, CEO Bob Iger reminded investors Wednesday. "The case that we filed last month made our position and the facts very clear," he said during an earnings call. Disney's amended lawsuit also noted that Florida's Republican-led Legislature passed legislation last week targeting Walt Disney World's monorail system. He said the company is the largest taxpayer in central Florida, having paid more than $1.1 billion in state and local taxes last year. "So this is plainly a matter of retaliation while the rest of the Florida special districts continue operating basically as they were."

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