Deadline reports:
The legal fight between The Walt Disney Co. and Florida Governor Ron DeSantis is officially over. The company has dropped its appeal that challenged DeSantis’ moves to strip the company of control over a special district that covered its Florida theme park properties.
The dismissal came after the Central Florida Tourism Oversight District board, made up of DeSantis’ appointees, approved a new development agreement with the company. Disney is planning up to $17 billion in development over the next 10 to 20 years, including the possibility of a fifth theme park as well as other expansion.
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With its billion-dollar development plan approved, @Disney drops federal lawsuit against #Florida. (It’s not personal. It’s strictly business.) https://t.co/efz6ZvbMpK via @SkylerSwisher
— Craig Pittman (@craigtimes) June 13, 2024