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Disney Has Lost $34 Billion in Value Since Embarking on Culture War With Florida

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Disney Has Lost $34 Billion in Value Since Embarking on Culture War With Florida
Guests wear masks as required to attend the official reopening day of the Magic Kingdom at Walt Disney World in Lake Buena Vista, Fla, on, July 11, 2020. Joe Burbank/Orlando Sentinel via AP
Tom Ozimek
By Tom Ozimek
4/23/2022Updated: 4/24/2022
0:00

Disney’s market cap has shrunk by nearly $34 billion since the company expressed its full-throated opposition to a Florida law banning instruction of gender identity and sexual orientation in public schools for kindergarten through third grade.

Florida lawmakers in March passed HB 1557, dubbed by opponents as the “Don’t Say Gay” bill, which was signed into law by Florida Gov. Ron DeSantis on March 28.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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