Skip to main content

Disney and DeSantis-backed board ‘come to their senses' in new agreement

·1 min

In a recently approved development agreement, a major entertainment company plans to invest a substantial amount of money in its Florida resort. The agreement sets the stage for potential expansions of theme parks in the area. The deal was reached after a lengthy legal dispute between the company and the state’s governor. The newly renamed entity overseeing public services in the resort area will be governed by supervisors chosen by the governor. The president of the resort expressed excitement about the agreement, which will allow for significant investment in the resort and support the local economy. The agreement also includes provisions for infrastructure maintenance and local business hiring. The entertainment company is aiming to build new theme parks as part of its expansion plans. The article highlights the importance of the company’s presence in Florida and the need to maintain its position in the theme park industry.