DeSantis wins in the end against Disney!

Disney agrees to vacate order of rogue board and drop lawsuit in exchange for some kind words of reconciliation from the state of Florida.

After a year of legal wrangling between the Walt Disney Company and Florida leaders over the company’s ability to control its governing body, the two sides have reached a settlement agreement that includes Disney dropping its lawsuits against a newly created tourism board.

As part of the settlement agreement, Disney is acknowledging that last-minute development agreements approved by a previous board are “null and void,” according to Governor Ron DeSantis’s office. Those agreements would have handed permanent control of development of the special district that includes Disney’s Florida theme parks to Disney.

“No corporation should be its own government,” Bryan Griffin, a spokesman for the governor, said in an emailed statement. “Moving forward, we stand ready to work with Disney and the District to help promote economic growth, family-friendly tourism, and accountable government in Central Florida.”

I guess there are some who are still trying to spin Disney dropping their lawsuit as a win for them, just as they suggested that Disney was outsmarting DeSantis all along. But there is no realistic good way to spin this other than Disney took it on the chin.

Meanwhile the Disney board is currently arguing with Trian Partners CEO Nelson Peltz over the direction of Disney. Peltz runs the agency who's responsibility is turning around failing organizations and is attempting to secure a board position himself. He has openly been questioning Disney's woke approach and asking why they insist on making movies with all female casts or all black casts? This, of course, riles up a lot of feathers.

Apparently the vote is a week from today and the current board is awful upset and convinced that Peltz would cause great harm to Disney and that he doesn't understand the movie industry. Of course, this is rich coming from a woke board who has run Disney into the ground trying to sell the public on message movies that nobody wants to watch.

I would suspect that the board is worried that Peltz will win a seat or they would not be out there attacking him 24-7.