Disney scraps $867bn Florida plan amid Ron DeSantis feud

1 year ago 65
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The Walt Disney Company has scrapped a plan to invest nearly $1bn (£806m) to build a new corporate campus in Florida, it announced.

The reversal comes amid an escalating feud between the entertainment giant and the state's Republican-led government headed by Ron DeSantis.

The plan would have seen about 2,000 employees relocate to Lake Nona, a new Disney-owned town centre near Orlando.

Disney and Florida have both sued each other in recent weeks.

The cancellation was announced in an internal email to employees, including some who had relocated to Florida ahead of the campus' opening, on Thursday.

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