Disney couldn’t muster enough magic in its kingdom to stop a Florida state board’s takeover of the company’s autonomy, a sign that it now believes a settlement with Florida Governor Ron DeSantis is the only solution.
The Daily Mail reports that an eleventh-hour settlement between Walt Disney Co. and the Florida State Tourism Board has been reached in regards to the Reedy Creek Improvement Project, a designation that for decades has allowed the Florida-based corporation to largely regulate itself. In February 2023, Gov. DeSantis at the height of his culture war with Disney signed into law a new tourism oversight district to supersede Reedy Creek.
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