Disney development deal voided, accusing Florida Gov. DeShante of weaponizing government power.

(Associated Press)

[Financial Channel/Comprehensive Report] The confrontation between the Walt Disney Company of the United States and Florida Governor Deshante has intensified. The weaponization of government power has harmed corporate operations.

According to a Reuters report, Disney was stripped of its nearly century-old theme park autonomy by the Republican-led Florida government last year for publicly opposing the "Parenting and Educational Rights Act" supported by Deshante, and was forced to pay more. Taxes, the two sides are in a quarrel, and now the local regulatory district committee has canceled Disney's development agreement for the theme park in Florida, which made Disney unbearable and decided to go to court.

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Disney harshly accused DeShante of "carrying out targeted government retaliation to attack Disney's supposedly protected free speech" and threatened to withdraw the special autonomy granted to Disney World in the past decades, leaving them no choice , this lawsuit can only be brought to protect company members, guests and local development partners.

In this regard, DeShante's office also responded that the cancellation of the development agreement was based on Disney's special tax and governance privileges, rather than political retaliation, and countered that Disney's move was an attempt to undermine Florida voters' perception of the government.

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