What’s happening: Disney leadership quietly moved to strip power from a new DeSantis-appointed board "until twenty-one years after the death of the last survivor of the descendants of King Charles III, King of England,” utilizing a legal framework common in the United Kingdom to tie the length of agreements to dates far into the future. This move caught Governor DeSantis off guard, who has vowed to investigate the matter.
The context: Governor Ron DeSantis and the Republican-led Florida legislature has taken a hard-line stance on Disney after the company publicly opposed the state’s “Don’t Say Gay” bill in 2022, which limited teaching of sexual orientation and gender identity to young students. The company historically has a strong lobbying influence in Florida’s legislature, but Gov. DeSantis has vowed to change this.