Disney Exec Agrees with DeSantis in Media Feud

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Source: Yahoo Finance
TL;DR Summary

Ousted Disney executive Ike Perlmutter, who owns a reported 30 million shares of the company, equating to roughly $3 billion, told Florida Governor Ron DeSantis he was "right" in his ongoing battle with the media giant. Perlmutter warned executives, "Don’t get involved in politics. You’re going to get hurt. It’s a no-win situation." Perlmutter's comments come after CEO Bob Iger defended the company's actions during its annual meeting of shareholders on Monday. The fight stems from what has largely been seen as a politically-targeted response over the Disney's reaction to the so-called "Don't Say Gay" law.

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