I have obtained exclusive video of Iger’s first townhall meeting with Disney employees, in which he retreats from the company’s most controversial political positions and moves toward neutrality in the culture war.

In response to an audience question about the so-called “Don’t Say Gay” legislation, Iger said the company would still promote “inclusion,” but signaled that he would adopt a different posture than his processor and suggested that the company will “listen to [its] audience” and “have respect for the people that [it’s] serving.”

Iger also suggested that the company made a mistake in its fight against Governor DeSantis, which resulted in the state legislature stripping Disney of its special administrative status. “I was sorry to see us dragged into that battle,” he said. “The State of Florida has been important to us for a long time. And we have been very important to the State of Florida. That is something I’m extremely mindful of and will articulate if I get the chance.”

Finally, in response to the suggestion that “many cast members had wished that Disney stayed out of politics,” Iger expressed regret. “Do I like the company being embroiled in controversy? Of course not,” he said. “It can be distracting, and it can have a negative impact on the company. And to the extent that I can work to kind of quiet things down, I’m going to do that.”