Disney CEO hits back at allegations company is 'too woke'
Florida, Disney sparred over state's Parental Rights Education bill this year
Walt Disney Co. Chief Executive Bob Chapek responded Wednesday to criticism that his company has become "too woke."
Speaking at the Wall Street Journal Tech Live conference, he said that Disney's programming will cater to the audience and reflect the "rich, diverse" world of viewers.
"The world is a rich, diverse place, and we want our content to reflect that," Chapek said.
Disney and Florida Republican Gov. Ron DeSantis have locked horns over the state's Parental Rights in Education bill.
Ticker | Security | Last | Change | Change % |
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DIS | THE WALT DISNEY CO. | 115.71 | +1.44 | +1.26% |
Following pressure from employees and industry members, Disney called for Florida's legislature to repeal the measure in a March tweet, saying it was "dedicated to standing up for the rights and safety of LGBTQ+ members of the Disney family, as well as the LGBTQ+ community in Florida and across the country."
Chapek issued a statement to employees apologizing for not speaking up on the issue sooner and said it would pause all political donations in the state pending review.
The Walt Disney Co. and its affiliates made more than $20 million in political contributions to both Republicans and Democrats in the 2020 campaign cycle, according to the Center for Responsive Politics.
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Gov. Ron DeSantis signed the bill into law, telling reporters that Disney had "crossed the line."
Florida later moved to revoke the state's special status that allowed it to essentially self-govern its Walt Disney World complex.
When asked what he had learned from the situation, Chapek said he had been reminded of how important the sentiments of Disney's cast are on similar issues "in terms of making them feel that they were part of The Walt Disney Company."
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"My own personal feelings aren't really important," he added. "What's important is how people think about our company."
Reuters and The Associated Press contributed to this report.