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Disney steering a straight line between financial woes and Republican attacks

Governor Ron DeSantis is gunning for the centenarian entertainment and theme park giant after it rejected his ‘Don’t Say Gay’ bill. But returned chief executive Bob Iger is shedding ballast and boosting share prices, making it watertight once more

Bob Iger: the returning chief executive and chairman of the Walt Disney Company has pledged to slash Disney’s costs by $5.5 billion over the next two years. Picture: Getty

Last Saturday, bewildered passengers aboard one of Disneyland’s most popular rides were shipwrecked, stranded and finally forced to walk the plank after the Pirates of the Caribbean attraction seized up and sank.

Scores of passengers were rescued by emergency services after a lengthy period in waterlogged boats. They remained stranded until an ingenious team of firemen attached a makeshift ramp to the side of the ride, allowing them to make their way to dry land, ...