10.8 C
New York
Tuesday, April 23, 2024

Buy now

DeSantis Scores Win as Disney Bows: Settlement Signals New Era for Theme Park Development

Disney has settled its legal battle with Florida Governor Ron DeSantis over a $17 billion planned development at the company’s theme park near Orlando. As part of the settlement, Disney relinquished its self-governing powers over the Reedy Creek Improvement District, which had been dissolved by DeSantis in 2022.

The dispute stemmed from Disney’s opposition to DeSantis’s “Don’t Say Gay” bill, leading to the dissolution of the special tax district that Disney had controlled for decades. However, the settlement marks a new chapter of engagement between Disney and the district’s new leadership.

In addition to giving up its self-governing powers, Disney dropped a lawsuit over access to public records and deferred briefings in a federal lawsuit against DeSantis as the two sides aim to reach a consensus on a new development agreement for Walt Disney World.

While DeSantis celebrated the settlement as a vindication of his administration’s actions, Disney also secured concessions, including DeSantis’s agreement to appoint board members to the new Central Florida Tourism Oversight District who are seen as sympathetic to the company.

Disney’s criticism of the “Don’t Say Gay” law had strained its relationship with DeSantis and his allies. However, with the settlement in place, the focus now shifts to a more cooperative approach between Disney and the district’s new leadership.

The settlement represents a compromise that allows both parties to move forward, potentially paving the way for a more collaborative relationship in the future.

Join MultiMediaMouth+ for $3 a month

Support MultiMediaMouth.com now! For just $3/month, you will get ad-free access to select articles, Podcasts, and livestream events! Join today and support small creators!

Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

Related Articles

Latest Articles