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The board picked by Florida Gov. Ron DeSantis (R) to oversee Disney in the state said it will sue the company, escalating the feud between the entertainment giant and the Republican governor after the company sued the state in federal court last week. Disney sued Florida, alleging that the state unjustly retaliated against it for its public opposition to a law in the state that prohibits the

TALLAHASSEE, Fla. – An Orange County circuit judge this week will hear arguments on a request by Walt Disney Parks and Resorts to toss out a lawsuit filed by a revamped special district amid a feud between Gov. Ron DeSantis and the entertainment giant. Judge Margaret Schreiber will face a tangle of legal issues Friday as she considers Disney’s request to dismiss — or at least put on hold — a

As its financial losses continue to mount, entertainment giant Disney is starting to look for ways to unload large chunks of ownership stakes in TV networks, including ESPN, ABC, FX, National Geographic, Freeform, and others. Disney chief Bob Iger recently told CNBC that the Mouse House is searching for new partners that might be open to sinking cash into these networks, which may “not be core

Disney’s stock fell for a second consecutive day as investors expressed concern that the entertainment company would face additional roadblocks as it lost subscribers, but saw gains of more people visiting its theme parks. The stock dipped by nearly 9 percent yesterday (May 11) after the entertainment company said they lost four million subscribers, partly due to losing the right to stream the