Disney will ‘quiet the noise’ in culture wars

The entertainment company was thrust at the centre of the nation’s culture wars in 2022, when it publicly criticised Florida legislation restricting classroom discussion of sexual orientation and gender identity. — Reuters

LOS ANGELES: Walt Disney CEO Bob Iger told investors the company will “quiet the noise” in a culture war that has pitted social conservatives against the global media and entertainment conglomerate, according to an analyst note.

Iger’s brief statement, included in an analyst report from Needham media analyst Laura Martin, was part of an investors’ presentation on Tuesday at Walt Disney World Resort in Orlando, Florida, in which the CEO also announced Disney will double its investment in theme parks and cruise ships over the next decade.