Disney blocks Ron DeSantis' Florida power play with a royal family clause
Publishing timestamp: 2023-03-30 17:26:42
Summary
Disney used a legal clause involving the descendants of King Charles III to limit Florida Gov. Ron DeSantis' control over the company's self-governance power in the state. DeSantis had been trying to exert more control over Disney's Florida-based theme parks, but a long-lasting development agreement signed by a Disney-allied panel has thwarted his efforts. Florida legislators are now looking for ways to repeal or void the agreement, while Disney maintains that all its conduct was legal.
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Keywords: ron desantis, entertainment, life, movies, walt disney co, florida, politics, business, business news, breaking news: business,
Source: https://www.cnbc.com/2023/03/30/disney-ron-desantis-royal-lives-clause.html