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Netflix Stumbles and Disney Takes Heat. Chill On the Stocks.

Netflix has a plan to return to growth, but it will take time to implement. Meanwhile, Disney falls afoul of Florida lawmakers. Read More...

Reuters

UPDATE 2-Florida governor signs bill stripping Disney of self-governing authority

Florida Governor Ron DeSantis on Friday signed a bill that strips Walt Disney Co of self-governing authority at its Orlando-area parks in retaliation for its opposition to a new law that limits the teaching of LGBTQ issues in schools. The Republican-controlled legislature on Thursday approved the bill, which will eliminate the special governing jurisdiction that allows the company to operate Walt Disney World Resort as its own city. Within the 25,000-acre tract, it operates four theme parks, two water parks and 175 miles of roadway.

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