Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Disney CEO says company opposes ‘Don’t Say Gay’ bill in Florida, will meet with Gov. DeSantis

by
March 9, 2022
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

JPMorgan says cryptocurrencies ‘have found a floor’

Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says

In this article

DIS

A view of Mickey Mouse at the Walt Disney World theme park entrance in Lake Buena Vista, Florida.
Octavio Jones | Getty Images

The Walt Disney Company is now publicly opposing Florida’s controversial “Don’t Say Gay” bill.

On Wednesday, CEO Bob Chapek addressed the company’s stance on the bill and acknowledged that its original approach “didn’t get the job done.”

Chapek told shareholders that he will meet with Florida Gov. Ron DeSantis, and Disney will donate $5 million to organizations, including the Human Rights Campaign, which work to protect LGTBQ+ rights.

“I know that many are upset that we did not speak out against the bill,” Chapek said during the company’s annual shareholder meeting. “We were opposed to the bill from the outset, but we chose not to take a public position on it because we thought we could be more effective working behind the scenes, engaging directly with lawmakers on both sides of the aisle.”

“We were hopeful that our longstanding relationships with those lawmakers would enable use to achieve a better outcome, but despite weeks of effort we were ultimately unsuccessful,” he said.

Disney has made diversity and inclusion a major part of its corporate policies and storytelling across theme parks, movies and TV shows.

Disney has already begun to reimagine several iconic theme park attractions, including its Jungle Cruise ride, and is transitioning Splash Mountain into a new adventure ride featuring Princess Tiana, the company’s first Black princess, and other characters from “The Princess and the Frog.”

The company has also made its dress code more gender-inclusive last year, allowing for more varied hairstyles, jewelry and nail styles, as well as allowing cast members to show off their tattoos, something that was not permitted previously.

Florida passed its “Don’t Say Gay” bill earlier this week, which forbids instruction on sexual orientation and gender identity in public schools for kindergarten through third grade. Disney has faced pressure for not opposing the bill publicly, particularly after it was determined that the company provided financial support for some of the bill’s backers in the state legislature.

Chapek said the company is reassessing its approach to advocacy, including its political giving in Florida.

“I called Gov. DeSantis this morning to express our disappointment and concern that if legislation becomes law it could be used to unfairly target gay, lesbian, non-binary and transgender kids and families,” Chapek said. “The governor heard our concerns and agreed to meet with me and LGBTQ+ members of our senior team in Florida to discuss ways to address that.

“I understand our original approach no matter how well-intended didn’t quite get the job done,” he added. “We are committed to support the community going forward.”

ShareTweetPin

Related Posts

JPMorgan says cryptocurrencies ‘have found a floor’

by
August 8, 2022
0

After sliding all year, bitcoin just finished its best month of the year and may have found a low for...

Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says

by
August 8, 2022
0

In this article BA An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on...

Biden authorizes largest yet weapons package for Ukraine, bringing U.S. commitment to $9.8 billion

by
August 8, 2022
0

Ukraine was already stocking up on U.S.-made Javelins before Russia invaded. Here a group of Ukrainian servicemen take a shipment...

Bed Bath & Beyond up nearly 40%, AMC surges as meme chatter on message boards increases

by
August 8, 2022
0

In this article BBBY A view of a Bed Bath and Beyond store in Daly City, California. Justin Sullivan |...

GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.

by
August 8, 2022
0

GE wants to be a player in the electricity grid of the future. That will benefit its coming Vernova business....

Next Post

Analysts say Apple's cheaper iPhone SE will drive switches from competitors

BofA says 'There is no clear off-ramp' for Russia and 'it's like catching a falling knife,' issues dire prediction for global economy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net