Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Disney vows to help repeal Florida’s “Don’t Say Gay” bill

Published

on

The Walt Disney Company said that it would help repeal Florida’s “Don’t Say Gay” bill on Monday

On the same day the Florida Governer signed the bull into law, Disney issues a statement vowing to help repeal the controversial legislation.

The world’s largest entertainment company says the “Don’t Say Gay’ bill, should never have passed and should never have been signed into law”

Marchers wave flags as they walk at the St. Pete Pier during a rally and march to protest against a bill dubbed by opponents as the “Don’t Say Gay” bill Saturday, March 12, 2022, in St. Petersburg, Fla. Florida lawmakers have passed the bill, which forbids instruction on sexual orientation and gender identity in kindergarten through third grade. It now moves to the desk of Republican Gov. Ron DeSantis, who is expected to sign it into law. (Martha Asencio-Rhine/Tampa Bay Times via AP)

The controversial bill largely forbids instruction on sexuality and gender identity in most elementary school classrooms.

Disney says “Our goal as a company is for this law to be repealed by the legislature or struck down in the courts”

LAKE BUENA VISTA, FL – JULY 11: In this handout photo provided by Walt Disney World Resort, Disney cast members welcome guests to Magic Kingdom Park at Walt Disney World Resort on July 11, 2020 in Lake Buena Vista, Florida. July 11, 2020 is the first day of the phased reopening. (Photo by Matt Stroshane/Walt Disney World Resort via Getty Images)

For the past few weeks, Disney has been slammed for its initial reluctance to condemn the anti-LGBTQ legislation.

Disney is one of Florida’s largest employers and cast members were outraged by CEO Bob Chapek’s initial ‘neutral’ stance on the bill.

The statement posted on Monday says Disney is “dedicated to standing up for the rights and safety of LGBTQ+ members of the Disney family, as well as the LGBTQ+ community in Florida and across the country”

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now