Disney CEO Bob Chapek on Friday said the company would pause all political donations in the state of Florida, following a week of blowback surrounding the company’s initial decision to not speak out about Florida's so-called "Don't Say Gay" bill, which is close to becoming a law.

Why it matters: The handling of the issue frustrated employees at Disney. Staff at Disney-owned Pixar sent a letter to leadership Wednesday expressing their disappointment, saying "we hoped that our company would show up for us. But it didn't."

Details: In a letter to staff Friday, Chapek apologized and said feedback from employees, and "especially our LGBTQ+ community," helped him "better understand how painful our silence was."