Disney CEO Aims to 'Quiet the Noise' of Culture Wars After Controversies
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Walt Disney CEO Bob Iger told investors he aims to "quiet the noise" of culture wars, as they are bad for business. This comes after controversies under previous CEO Bob Chapek.
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Iger wants to reduce tensions after Disney opposed Florida's "Don't Say Gay" bill, sparking a feud with Gov. Ron DeSantis.
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Florida later stripped Disney of its self-governing status. Disney sued the state in response.
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Iger made the remarks at an investor event at Disney World, where plans for $60B in park investments were announced.
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Analyst Laura Martin said lowering cultural tensions was a key takeaway from Iger's talk to investors.