Disney CEO questions whether or not Florida wants company 'to invest more' in state

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

.Disney CEO Bob Iger has questioned if Florida wants the company to continue investing in the state as the feud between the two continues to grow. 'Does the state want us to invest more, employ more people, and pay more taxes, or not?' Iger asked.

The statement from Iger was made on Wednesday during a conference call for Disney's second quarter, only a few weeks after the company sued Gov. Ron DeSantis . Disney had plans to invest more than $17 billion over the next decade in Walt Disney World, which would create 13,000 jobs, a move Iger claimed “is what the state should want us to do.""Does the state want us to invest more, employ more people, and pay more taxes, or not?" Iger wondered.

The feud between Disney and Florida started after the company spoke out against the passage of Florida's Parental Rights in Education bill, with Disney claiming that it should not have been passed into law. In response, the state of Florida stripped the company of its ability to self-govern a special tax district where Walt Disney World is located.

On Monday, Disney filed an amendment to its lawsuit by adding a land use bill and recent comments by DeSantis to its complaint. The main addition to its complaint was the land use bill, or SB 1604, which includes an amendment nullifying the agreement Disney made with the previous Reedy Creek Improvement District board that undercut the new DeSantis-appointed board's power over the district encompassing the Walt Disney World Resort.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney CEO Bob Iger blasts Florida Gov. DeSantis for 'retaliating' against companyDisney CEO Bob Iger accused Florida Gov. Ron DeSantis and other state lawmakers of retaliating against the company following political remarks made last year.
Source: FoxBusiness - 🏆 458. / 53 Read more »