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It’s DeSantis v Disney – so who will win?

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Florida Governor Ron DeSantis takes back control of Walt Disney World’s self-governing district

 
It’s a game of DeSantis vs Disney.

The governor of Florida has officially signed a bill which gives him control of Walt Disney World’s self-governing district.

The move is a direct retaliation to Disney’s opposition to a state law restricting sexual orientation and gender identity discussions in schools.

The bill authorises Republican DeSantis to appoint a five-member board to oversee the government services the company provides across the sprawling theme park.

State Republicans targeted Disney after the company publicly clashed with DeSantis, who is widely considered to be running for president in 2024.

In opposition to the so-called “Don’t Say Gay Bill”, Disney’s then CEO Bob Chapek, publicly voiced disappointment with the law, even calling Florida’s conservative governor to express concern about the legislation.

But DeSantis moved quickly to penalise the company, directing lawmakers in the GOP-dominated legislature to dissolve Disney’s self-governing district.

The GOP has slammed the company for coming out against the education law, calling it a purveyor of “woke” ideology.

Announcing the changes, DeSantis said “there’s a new sheriff in town”. #trending #featured

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Warner Brothers & Discovery considers splitting up to boost stock value

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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

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Investors worldwide grow increasingly optimistic about Trump winning the election

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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.

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Netflix expands use of ads despite slow subscriber growth

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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.

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