Florida Gov. Ron DeSantis on Thursday broke his silence on a lawsuit brought against him by Disney, describing it as a political move that lacks merit, while accusing the company of lacking accountability and transparency. DeSantis made the remarks during a press conference in Israel, where he faced questions on the lawsuit, the latest move…
DeSantis Breaks Silence on Disney Lawsuit
‘It’s Political:’ DeSantis Denounces Disney Lawsuit
Florida Gov. Ron DeSantis on Thursday reacted to a lawsuit brought against him by Disney, describing it as a political move that lacks merit, while accusing the company of lacking accountability and transparency. DeSantis made the remarks during a press conference in Israel, where he faced questions on the lawsuit, the latest move by Disney…
Elon Musk Isn’t the First: Disney ‘Almost’ Bought Twitter Until Bob Iger Noticed These Red Flags
As Tesla Inc. Elon Musk fights a legal battle to steer clear of the deal with Twitter, Inc., another executive reminisced about his interest in the social media platform years ago and what kept him from going ahead with a deal. What Happened Back in 2016 when the board of the Walt Disney Company was convinced of…
‘The Jungle Book’ (1967): Racism in Disney Films
Commentary For four days in April, I was transported to a different world in downtown Hollywood. There were still homeless people on the sidewalk, street artists peddling caricatures to passersby, and a salesman huckstering bargain souvenirs over a loudspeaker—but once I stepped inside the historic theaters where the Turner Classic Movie Film Festival (TCMFF) was taking…
7 Walt Disney Analysts React to Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness
Walt Disney Co shares traded lower by 3.7 percent on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business. On Wednesday, Disney reported fiscal second-quarter adjusted EPS of $1.08 on revenue of $19.25 billion. Both numbers missed consensus analyst estimates of $1.19 and $20.1…
What Would Walt Think?
Commentary Florida Governor Ron DeSantis has signed a bill passed by the Republican-majority legislature that revokes a special tax exemption and other privileges for Walt Disney World in Orlando. This was in response to the company’s current leadership and some of its employees who have protested another bill signed by the governor that prohibits the…
Disney Optimistic About Renewing Distribution Agreement With YouTube
The Walt Disney Co believes that it can renew its distribution agreement with Alphabet Inc Google’s YouTube to keep ABC, ESPN, and several other networks on YouTube TV, Deadline reports. The current deal will expire on Dec. 17. “We are optimistic that we can reach a deal and continue to provide their YouTube TV customers…
Actress Scarlett Johansson Settles Lawsuit With Disney After Claiming Breach of Contract
Actress Scarlett Johansson, star of the Marvel superhero movie “Black Widow,” has settled her lawsuit against Walt Disney after alleging that the company breached her contract when it released the movie in theatres while simultaneously streaming it on Disney+. As of yet, details regarding the final outcome of the lawsuit—including whether there was any financial compensation—have not been provided…
US Free Market Capitalism Is Under Seige by Chinese Communist Party: Hollywood Executive
China’s enormous leverage over Hollywood and other U.S. industries is a serious threat to the United States, warned a long-time Hollywood executive and film producer. “We need to figure out how to make capitalism come after patriotic duties. The ability to create a strong foundation of a nation that allows free market capitalism to thrive,”…
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