DeSantis' board says Disney stripped them of power
Publishing timestamp: 2023-03-30 12:42:19
Summary
New board members appointed by Florida Gov. Ron DeSantis to oversee governance of Walt Disney World found out that their Disney-controlled predecessors signed a restrictive agreement giving Disney maximum developmental power over the theme park resort. The agreement prohibits the district from using Disney's name or symbols without permission. Separately, Disney World service workers voted to accept a union contract offer that raises the starting minimum wage to $18 an hour by the end of the year.
Sentiment: MIXED
Tickers: DIS,
Keywords: labor economy, personnel, politics, walt disney co, entertainment, business news,
Source: https://www.cnbc.com/2023/03/30/desantis-board-says-disney-stripped-them-of-power.html