'Politics is bad for business.' Why Disney's Bob Iger is trying to avoid hot buttons

France Nouvelles Nouvelles

'Politics is bad for business.' Why Disney's Bob Iger is trying to avoid hot buttons
France Dernières Nouvelles,France Actualités

Walt Disney Co. and its chief executive have made a sharp pivot since doubling-down on diversity and inclusion efforts in the wake of George Floyd's murder in Minneapolis four and a half years ago.

Bob Iger wants out of the culture wars. Walt Disney Co. and its chief executive have made a sharp pivot since doubling down on diversity and inclusion efforts in the wake of George Floyd's murder in Minneapolis four and a half years ago. At the time, Disney's top executives, including then-Chairman Iger, vowed in a message to employees: 'We intend to keep the conversation going ... for as long as it takes to bring about real change.

' University researchers found DeSantis' 'woke' campaign against Disney had gained traction, at least among conservatives — despite the fact that Disney has long been one of Florida's largest employers and a pillar of its tourism economy. In a public opinion poll in early 2023 of Florida registered voters, the Public Opinion Research Lab found that only about 27% of Republicans in the state had a 'favorable' view of Disney.

 

France Dernières Nouvelles, France Actualités

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Disney CEO Bob Iger sold $42.7 million worth of company stockDisney CEO Bob Iger sold $42.7 million worth of company stockIger sold 372,412 shares of Disney on Friday, according to a filing with the Securities and Exchange Commission.
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