Senator Josh Hawley (R-MO) is introducing a bill to strip The Walt Disney Company of its special copyright protections, according to an exclusive report from Fox News. “The Copyright Clause Restoration Act of 2022 would cap the length of copyrights given corporations by Congress to 56 years and retroactively implement this change on companies, including Walt Disney.”
“The age of Republican handouts to Big Business is over. Thanks to special copyright protections from Congress, woke corporations like Disney have earned billions while increasingly pandering to woke activists. It’s time to take away Disney’s special privileges and open up a new era of creativity and innovation,” Hawley told Fox News Digital in an exclusive statement.
“According to Hawley’s office, Congress has used an old law, also known as the Mickey Mouse Protection Act, in order to extend copyrights to corporations for up to 120 years,” Fox News reports.
Hawley shared the news on Twitter:
“No more handouts for woke corporations. Today I’m introducing legislation to strip Disney of its special copyright protections.”
— Josh Hawley (@HawleyMO) May 10, 2022
Disney has taken a financial beating since stepping into the political arena. The House of Mouse’s stock price is down almost 40% over the last 6 months, taking a noticeable dive after CEO Bob Chapek declared opposition to Florida Governor Ron DeSantis’ Parental Rights in Education bill.