Disney’s market cap has shrunk by nearly $34 billion since the company expressed its full-throated opposition to a Florida law banning instruction of gender identity and sexual orientation in public schools for kindergarten through third grade.
The Walt Disney Company — once a family-friendly entertainment firm that brought together Americans from all walks of life — is currently making national headlines for all the wrong reasons.
Florida Gov. Ron DeSantis on Friday signed a bill to dissolve Walt Disney World’s private government, after the entertainment giant opposed a new state law protecting parental rights in the classroom.
