Disney Parks Chief Confirms Business Unaffected by Clash with Florida Governor DeSantis

Disney's Parks, Experiences and Products unit chairman, Josh D'Amaro, stated that the feud between Disney and Florida Governor Ron DeSantis has not affected the division's business results. The company still plans to spend $17 billion in Florida over the next decade, despite abandoning plans to move 2,000 staffers to Florida and build a new campus 20 miles from Disney World. D'Amaro also mentioned that the recent decision to close Florida's Star Wars Galactic Star Cruiser hotel in September will result in an acceleration in depreciation of $100 million to $150 million over the next two quarters.