Is the Disney-DeSantis Feud Really Over? Disney Resumes Donating to Florida Lawmakers

The Walt Disney Company (NYSE: DIS) has resumed providing in-kind donations to political committees and lawmakers in Florida, following a two-year pause due to a feud with Governor Ron DeSantis over the controversial “Don’t Say Gay” bill. 

The Orlando Sentinel reported that Disney gave more than $87,000 worth of nonmonetary contributions in April and May. While the company has not donated to DeSantis per se, it has donated to some Republican lawmakers who supported the bill, which restricts discussions of gender and sexual orientation in classrooms.

Recipients of Disney’s in-kind donations include committees affiliated with Republican state senators Jason Brodeur and Joe Gruters, as well as Representative Josie Tomkow, all of whom voted in favor of the Parental Rights in Education Act. 

However, the company’s largest single in-kind contribution, amounting to $28,487, went to Daley for Florida, a committee supporting Democratic state Representative Dan Daley.

The resumption of political donations comes after Disney and DeSantis settled their legal battle in March, which had stemmed from the governor’s takeover of the special tax district overseeing Walt Disney World in response to the company’s opposition to the bill. Despite the settlement, Democratic Senator Geraldine Thompson said that Disney headquarters has not yet approved monetary donations.

Also read: Florida Governor Ron DeSantis Tries to Walk Away from Disney Feud Amid Struggling Presidential Campaign 

In related news, the Central Florida Tourism Oversight District, now controlled by DeSantis’ appointees, approved Disney’s $17 billion development deal on Wednesday. The deal allows Disney to invest billions in its Walt Disney World properties over the next 10 to 20 years, potentially including the construction of a fifth park. 

In exchange, Disney must award half of the related construction work to Florida-based businesses, spend $10 million on affordable housing projects, and donate 100 acres of land to the tourism district.


Information for this story was found via Insider, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Twitter Spaces to Host Ron DeSantis’ Presidential Announcement Alongside Elon Musk

In an unorthodox fusion of politics and technology, Florida Governor Ron DeSantis is poised to...

Tuesday, May 23, 2023, 03:46:13 PM

Elon Musk Claps Back, Says It’s Time For Donald Trump To “Sail Into The Sunset”

Elon Musk on Monday evening tweeted a reply to a Breitbart news clip of former...

Tuesday, July 12, 2022, 03:10:00 PM

Texas Sheriff Wants Criminal Charges for DeSantis Sending Migrants to Martha’s Vineyard

The Bexar County Sheriff’s Office in Texas has taken a significant step in the ongoing...

Tuesday, June 6, 2023, 01:21:00 PM

Walt Disney Starts Mass Employee Layoffs in Effort to Cut Costs

Walt Disney Co. (NYSE: DIS) is following through with previously announced mass layoffs beginning on...

Tuesday, March 28, 2023, 06:18:00 AM

Disney Beats Q1 2024 Estimates, Hikes Dividend By 50%

The Walt Disney Company (NYSE: DIS) announced its fiscal first-quarter earnings on Wednesday, delivering results...

Thursday, February 8, 2024, 07:32:41 AM