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Disney, Worth $150B, Battles DeSantis in Court Amid Falling Pixar Returns, Declining Park Visits as it Hits 100-year Mark

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  • Reuters
  • Bloomberg
  • Reuters Business

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Pixar, under Disney, is grappling with falling box office returns, necessitating strategic changes. Concurrently, Disney is legally challenging Florida Governor Ron DeSantis over what it calls 'unconstitutional restructuring' of a tax district and an 'ongoing constitutional mutiny'. Despite last year's record theme-park revenue, Disney World is seeing fewer visitors due to inflation. As Disney marks its 100-year milestone, investor anxieties rise over its ability to evolve. The company, now worth $150 billion, had secured its special district in Florida through a major political influence campaign.

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  • Latest version
    Disney, Worth $150B, Battles DeSantis in Court Amid Falling Pixar Returns, Declining Park Visits as it Hits 100-year Mark
  • Original version
    Disney Files Scathing Memos in Federal Lawsuit Blasting DeSantis' 'Unconstitutional Restructuring' of Tax District