CEO Bob Iger told investors the company will "quiet the noise" in a culture war that has pitted social conservatives against the global media and entertainment conglomerate, according to an analyst note on Wednesday.
Florida and Disney are locked in a legal battle over the formation of the Central Florida Oversight District board, which assumed oversight of development in the nearly 25,000 acres of property in and around Disney’s theme parks. Iger’s remarks about its content appear to mirror those he made at the company’s annual shareholder meeting in April.
“Our primary mission needs to be to entertain ... and to have a positive impact on the world,” Iger said at the time. “I’m very serious about that. It should not be agenda-driven."
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