DeSantis has “woke” Disney backed into a corner.
They tried to skirt the law and continue spreading “woke” propaganda to children.
But they got caught, and now one Disney executive is admitting defeat.
Disney has been hurt badly by their ill-advised war with Florida Gov. Ron DeSantis, and now their executives are admitting the truth.
DeSantis didn’t start the war. All he did was pass a law that gave parents the right to have control over what their children learn at school.
But Disney decided to go to war with him on behalf of LGBT lobbyists. And while DeSantis might not have started the war, he sure did finish it.
He took away their autonomous legal district and their special tax breaks. This put them in a precarious situation where they had to choose between LGBT lobbyists and the company’s shareholders.
Of course, they chose the LGBT lobbyists. And it has hurt the company so badly that one of their top executives, who recently left the company, has admitted that it has been a disaster for Disney.
The truth is coming out, and it paints Disney in a very bad light.
According to Yahoo Finance, “Ousted Disney executive Ike Perlmutter, who was let go as the company began its first round of mass layoffs last week, told Florida Governor Ron DeSantis he was ‘right’ in his ongoing battle with the media giant.”
“In a new interview with the Wall Street Journal, 80-year-old Perlmutter, who served as chairman of Marvel Entertainment, said he told the governor last year: ‘Ron, you’re right. Disney doesn’t have the right to get involved with politics, and you know, I’m the largest individual shareholder.’”
“Perlmutter, who owns a reported 30 million shares of the company, equating to roughly $3 billion, said he warned executives, ‘Don’t get involved in politics. You’re going to get hurt. It’s a no-win situation.’”
Perlmutter is right, of course. It is a no-win situation. Companies get involved in politics because ESG ideology has given them an excuse to ignore their shareholders and make controversial political statements on behalf of the Democratic Party.
Disney made that choice. And DeSantis is making them pay for it.
The article continues, “The fight stems from what has largely been seen as a politically-targeted response over Disney’s reaction to the so-called ‘Don’t Say Gay’ law, which forbids instruction on sexual orientation and gender identity from kindergarten through third grade. In 2022, then-CEO Bob Chapek denounced it at the company’s annual shareholder meeting after initially deciding not to speak publicly on the matter.”
“In response, DeSantis signed a bill into law that allows him to take control of the company’s long-standing special tax district, formerly known as Reedy Creek.”
Disney should know by now that when you play with fire, you get burned. DeSantis isn’t a pushover like so many of the RINO politicians who have held office in the past.
He held Disney to account for corrupting the minds of young children. And now Disney is in big trouble.
