Disney to ‘quiet the noise’ in culture wars amid Ron DeSantis feud: Bob IgerBy Reuters
Published Sep. 20, 2023
Walt Disney 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.
Iger’s brief statement, included in an analyst report from Needham media analyst Laura Martin, was part of an investors’ presentation on Tuesday at Walt Disney World Resort in Orlando, Florida, in which the CEO also announced Disney will double its investment in theme parks and cruise ships over the next decade.
Disney has suffered a bruising battle that has played out in Florida and at box office, where it faced social media backlash over the casting of Halle Bailey, a black actress, in the lead role of Ariel in “The Little Mermaid.”
Several countries last year blocked the release of the Pixar Animation Studios film “Lightyear,” which depicts a same-sex couple sharing a brief kiss.
The entertainment company was thrust at the center of the nation’s culture wars in 2022, when it publicly criticized Florida legislation restricting classroom discussion of sexual orientation and gender identity.
* * *
Source:
https://nypost.com/2023/09/20/bob-iger-says-disney-will-quiet-the-noise-in-culture-wars-analyst/