HomeNewsWorldDisney CEO Bob Iger questions continued Florida investment in clash with DeSantis

Disney CEO Bob Iger questions continued Florida investment in clash with DeSantis

Disney has accused Florida Governor Ron DeSantis and his supporters of "weaponizing" the state government to punish it for exercising free-speech rights last year when the company criticized a state measure banning classroom discussion of sexuality and gender identity with younger children.

May 11, 2023 / 06:12 IST
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Disney CEO Bob Iger questions continued Florida investment in clash with DeSantis
Disney CEO Bob Iger questions continued Florida investment in clash with DeSantis

Walt Disney Co Chief Executive Bob Iger on Wednesday accused Florida politicians of retaliating against the company and questioned the state's interest in the entertainment conglomerate's continued investment in Walt Disney World.

Disney has accused Florida Governor Ron DeSantis and his supporters of "weaponizing" the state government to punish it for exercising free-speech rights last year when the company criticized a state measure banning classroom discussion of sexuality and gender identity with younger children.

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Iger said on Wednesday Disney has built a resort that employs more than 75,000 people and attracts millions of visitors each year, using a special district established more than 50 years ago to foster development in central Florida. It plans to invest $17 billion over the next decade expanding Walt Disney World.

"We operate responsibly. We pay our fair share of taxes. We employ thousands of people. And by the way, we pay them above the minimum wage, substantially above the minimum wage dictated by the state of Florida," Iger said in remarks made during the company's quarterly investor call.