AFA PRESSURES TEXAS TO DUMP DISNEY STOCK

As reported in our legislative alerts section, Texas Governor George Bush Jr. on June 20 signed into law the Texas "Obscene" lyrics bill. Before the ink from his pen had barely enough time to dry, the Texas chapter of the American Family Association (AFA) launched a campaign to make the Texas state school boards to dump millions of dollars in stocks they've invested in the Disney Corporation, who are owners of Hollywood Records.

This comes on the heels of a recent decision by the Southern Baptist Convention to boycott Disney for what it calls "anti-family" values. The national AFA, headed by Don Wildmon in Tupelo, MS is a main supporter and promoter of the Baptist boycott.

Texas AFA Executive Director Wyatt Roberts has specifically targeted Danzig, Humble Gods and NY Loose as the main artists on Hollywood Records whose music violated the provisions of the newly passed Texas law. Asked to describe these bands music, the only terms Roberts could come up with was "violent" and "obscene."

The Texas School Fund holds nearly 350,000 shares of Disney stock valued at a worth of $27 million dollars.

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