Disney World

"The district’s DEI committee will be dissolved and any DEI job duties will be eliminated," reads a press release.

The Walt Disney Company has lost almost $900 million over the last year due to 8 of its films.

This decrease in subscribers comes after a 2.4 million drop during the first quarter, marking the first decline for Disney+ since its launch in November 2019.

On Friday, Florida Governor Ron DeSantis signed a bill into law, allowing the newly-formed Central Tourism Oversight District Board to cancel development agreements with Disney.

Disney is currently suing DeSantis, alleging that he is orchestrating a "targeted campaign of government retaliation."

"Disney was openly and legally granted a unique and special privilege, that privilege of running its own local government," former Florida Supreme Court justice Alan Lawson said. "That era is ending."

"I'm not a candidate, so we'll see if and when that changes."

Gov. Ron DeSantis (R-FL) vowed to crack down on Disney after the company tried to undermine the board he appointed to oversee the company's land.

"There is a bill that will be put out in the Florida legislature that will make sure that the agreements purported to be entered in by Disney are revoked and the people's will is established and is upheld," Gov. DeSantis said.

The investigation was prompted by accusations made by DeSantis' newly appointed board that the Reedy Creek board members signed a previous agreement with Disney, undermining the powers of the new board, which DeSantis claims has "legal infirmities."