On Monday, Florida Governor Ron DeSantis signed a bill that gives him more control over Disney's (DIS) self-controlling zone, known as the Reedy Creek Improvement District. The bill allows DeSantis to create a state-appointed board to oversee the district. Needham and Company senior media and entertainment analyst Laura Martin DeSantis says she does not see this having much impact on how Disney runs its parks in the near term, saying DeSantis is "taking a victory lap for, actually, not very much substantively."

Click here to see Martin's full interview with Yahoo Finance's Seana Smith and Jared Blikre.

Key moments:

0:10 He's doing this because Disney is too woke

0:17 In a content company, you actually can't find employees unless you are woke. So, you just don't have a business unless you have woke employees that create content

0:50 They pick up billion dollars a year of costs for the roads and all this stuff, all that would transfer to the communities locally

1:10 So he's basically taking a victory lap for actually not very much substantively

1:22 In theory, it makes them get, more approvals from local governments to build the next hotel, but their next hotel brings employment.

1:44 I do not think this would have happened if the CEO had had a different guy in the seat when this legislation that's the big fight over was happening

Video Transcript

LAURA MARTIN: OK, so two things. Philosophically, I think DeSantis is making a run at the presidency. And I think a lot of people who don't really understand the issue very well, a lot of Republicans, he's doing this because Disney is too woke. And Disney has 75,000 employees in Florida, and it is the largest employer.

And by the way, in a content company, you actually can't find employees unless you are woke. So you just don't have a business unless you have woke employees that create content and are in the parks doing service. So I'm not sure Disney has a choice. I also think it's on the right side of history, is my opinion. But DeSantis is running for president. In two years, my opinion is, he'll be gone because I think it's-- you know, he just will be out of this seat. And then we'll see.

The problem with him taking away these-- which he didn't really do actually, but, you know, there's a billion dollars debt on that Disney-- that's Disney's. And they pick up a billion dollars a year of costs for the roads and all this stuff. All that would transfer to the communities locally that house the Walt Disney, if they actually took away their benefits. So he's doing it in name, but there's a lot of liabilities that would get put onto the Florida state budget if he actually did it. So he's basically taking a victory lap for actually not very much substantively.

SEANA SMITH: So, Laura, you don't see this at all complicating how Disney runs its parks, at least in the near term?

LAURA MARTIN: I do not. Mm-mm, I do not. I mean, in theory, it makes them get more approvals from local governments to build the next hotel. But their next hotel brings employment. So what local government in Florida says, no, we don't want you to build it that way, we want you to build it this way? So no, I don't think so. I actually think nothing happens to Disney. And by the way, we have a much kinder, gentler CEO here, who I do not think this would have happened if the CEO had had a different guy in the seat when this legislation that's the big fight over was happening.