DeSantis and FL moving to hammer Disney

[Anonymous]

One thing Ive been considering is whether the CEO of Disney actually cares about the Florida parks. Or any parks. A couple years ago, he announced that the company's focus would be shifting to its streaming content as a first priority. https://www.cnbc.com/2020/10/12/disney-reorganizes-to-focus-on-streaming-direct-to-consumer.html

What followed was a lot of chatter online about Disney's service and quality declining:

Complaints of price gouging and disgusting smells:
https://metro.co.uk/2022/03/30/disneyland-complaints-of-ride-breakdowns-smells-and-price-growing-16376396/

Complaints from Inside The Magic-- the fan zine of Disney-- about the merch quality:
https://insidethemagic.net/2022/01/disney-drop-quality-merch-ld1/

Complaints that the new $1200 per night hotel sucks:
https://www.google.com/amp/s/nypost.com/2021/12/13/disney-removes-video-for-star-wars-hotel-amid-fan-backlash/amp/

More Disney fan sites saying they are outraged by various aspects of service:
https://www.google.com/amp/s/www.wdwinfo.com/walt-disney-world/the-disney-bubble-burst-its-time-to-stop-giving-them-a-pass/amp/


I think given this 2+ year trend, it is safe to say, as the CEO did, that the parks are no longer a priority. Its entirely possible the CEO made a calculated gamble with this, that getting on board the hollywood battle cries against dont say gay would be better for business (streaming) than appealing to its more conservative park goers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Disney doesn’t get any tax exemptions from Reedy Creek. It still pays full county and state level taxes while also fully funding the district infrastructure operations and services. Dissolving the district would be a tax break because it would no longer have to fund the district infrastructure - that would be paid by the counties, which would not be able to increase taxes on Disney to fund the cost of maintaining the infrastructure and providing municipal services.

This is a tax break for Disney. I think it's hilarious. What are county residents going to do when their taxes go up?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don’t understand what people are getting all worked up over. DiSantis is one of the smartest politicians this country has. He is a man who came from immigrant Italian background, came from middle class parents, went to Yale and Harvard law on his own merit. Served our country in the Navy in Iraq. He is far more intelligent and grounded than most other governors, and he has a true appreciation for traditional family values and respects parents’ right to have a say in their children’s education. I for one was shocked when all of a sudden the short “Out”, about a young boy coming out to his family, suddenly popped up on my Disney+. Without warning. Without consent. Luckily my children are not old enough to use the platform on their own, but just think of how many children are given access to the content by their parents under the assumption that the content is developmentally appropriate and wholesome. I think Disney has gone so woke, it’s making Walt Disney turning in his grave. DiSantis has a backbone and common sense. I would be proud to call him my president. I really don’t see what the problem is.

Agree. He is refreshingly different and in a good way.

Boy are you in for a rude awakening with your kids. You can't hide your kids under a rock. The best way forward is to talk to them, not try shelter them. They will learn. Their friends will tell them. This is not the 1950s anymore.

[Anonymous]

Anonymous wrote:One thing Ive been considering is whether the CEO of Disney actually cares about the Florida parks. Or any parks. A couple years ago, he announced that the company's focus would be shifting to its streaming content as a first priority. https://www.cnbc.com/2020/10/12/disney-reorganizes-to-focus-on-streaming-direct-to-consumer.html

What followed was a lot of chatter online about Disney's service and quality declining:

Complaints of price gouging and disgusting smells:
https://metro.co.uk/2022/03/30/disneyland-complaints-of-ride-breakdowns-smells-and-price-growing-16376396/

Complaints from Inside The Magic-- the fan zine of Disney-- about the merch quality:
https://insidethemagic.net/2022/01/disney-drop-quality-merch-ld1/

Complaints that the new $1200 per night hotel sucks:
https://www.google.com/amp/s/nypost.com/2021/12/13/disney-removes-video-for-star-wars-hotel-amid-fan-backlash/amp/

More Disney fan sites saying they are outraged by various aspects of service:
https://www.google.com/amp/s/www.wdwinfo.com/walt-disney-world/the-disney-bubble-burst-its-time-to-stop-giving-them-a-pass/amp/


I think given this 2+ year trend, it is safe to say, as the CEO did, that the parks are no longer a priority. Its entirely possible the CEO made a calculated gamble with this, that getting on board the hollywood battle cries against dont say gay would be better for business (streaming) than appealing to its more conservative park goers.

There was a pandemic that Disney had to deal with, as you may recall. They were closed for months. That drop in revenue hurt Disney, just like it did other businesses all over the world. Disney streaming didn’t do as well as anticipated.

[Anonymous]

Anonymous wrote:

Anonymous wrote:One thing Ive been considering is whether the CEO of Disney actually cares about the Florida parks. Or any parks. A couple years ago, he announced that the company's focus would be shifting to its streaming content as a first priority. https://www.cnbc.com/2020/10/12/disney-reorganizes-to-focus-on-streaming-direct-to-consumer.html

What followed was a lot of chatter online about Disney's service and quality declining:

Complaints of price gouging and disgusting smells:
https://metro.co.uk/2022/03/30/disneyland-complaints-of-ride-breakdowns-smells-and-price-growing-16376396/

Complaints from Inside The Magic-- the fan zine of Disney-- about the merch quality:
https://insidethemagic.net/2022/01/disney-drop-quality-merch-ld1/

Complaints that the new $1200 per night hotel sucks:
https://www.google.com/amp/s/nypost.com/2021/12/13/disney-removes-video-for-star-wars-hotel-amid-fan-backlash/amp/

More Disney fan sites saying they are outraged by various aspects of service:
https://www.google.com/amp/s/www.wdwinfo.com/walt-disney-world/the-disney-bubble-burst-its-time-to-stop-giving-them-a-pass/amp/


I think given this 2+ year trend, it is safe to say, as the CEO did, that the parks are no longer a priority. Its entirely possible the CEO made a calculated gamble with this, that getting on board the hollywood battle cries against dont say gay would be better for business (streaming) than appealing to its more conservative park goers.

There was a pandemic that Disney had to deal with, as you may recall. They were closed for months. That drop in revenue hurt Disney, just like it did other businesses all over the world. Disney streaming didn’t do as well as anticipated.

If you read the first link, you'll see that he made the streaming-first decision PRIOR to the pandemic. And your reading of the situation may alter in light of the fact that Universal Studios, which as parks in the same locations, are enjoying record high profits. They gained more visitors during the pandemic fhan they had prior to the pandemic. So why is one theme park rolling in the dough, expanding to construct what will be the largest park in the US, while the other has the worst performing stock on the Dow?

This isnt due to culture wars IMO. Disney made a decision to deemphasize its parks and go full hog on the streaming content, and that means appealing more to hollywood types. And those business decisions are failing.

Before you mistakenly attack Universal, one of their most popular merch items has a rainbow and says "love is universal." They also pumped lots of $$ into the Biden campaign.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One thing Ive been considering is whether the CEO of Disney actually cares about the Florida parks. Or any parks. A couple years ago, he announced that the company's focus would be shifting to its streaming content as a first priority. https://www.cnbc.com/2020/10/12/disney-reorganizes-to-focus-on-streaming-direct-to-consumer.html

What followed was a lot of chatter online about Disney's service and quality declining:

Complaints of price gouging and disgusting smells:
https://metro.co.uk/2022/03/30/disneyland-complaints-of-ride-breakdowns-smells-and-price-growing-16376396/

Complaints from Inside The Magic-- the fan zine of Disney-- about the merch quality:
https://insidethemagic.net/2022/01/disney-drop-quality-merch-ld1/

Complaints that the new $1200 per night hotel sucks:
https://www.google.com/amp/s/nypost.com/2021/12/13/disney-removes-video-for-star-wars-hotel-amid-fan-backlash/amp/

More Disney fan sites saying they are outraged by various aspects of service:
https://www.google.com/amp/s/www.wdwinfo.com/walt-disney-world/the-disney-bubble-burst-its-time-to-stop-giving-them-a-pass/amp/


I think given this 2+ year trend, it is safe to say, as the CEO did, that the parks are no longer a priority. Its entirely possible the CEO made a calculated gamble with this, that getting on board the hollywood battle cries against dont say gay would be better for business (streaming) than appealing to its more conservative park goers.

There was a pandemic that Disney had to deal with, as you may recall. They were closed for months. That drop in revenue hurt Disney, just like it did other businesses all over the world. Disney streaming didn’t do as well as anticipated.

If you read the first link, you'll see that he made the streaming-first decision PRIOR to the pandemic. And your reading of the situation may alter in light of the fact that Universal Studios, which as parks in the same locations, are enjoying record high profits. They gained more visitors during the pandemic fhan they had prior to the pandemic. So why is one theme park rolling in the dough, expanding to construct what will be the largest park in the US, while the other has the worst performing stock on the Dow?

This isnt due to culture wars IMO. Disney made a decision to deemphasize its parks and go full hog on the streaming content, and that means appealing more to hollywood types. And those business decisions are failing.

Before you mistakenly attack Universal, one of their most popular merch items has a rainbow and says "love is universal." They also pumped lots of $$ into the Biden campaign.

I follow Disney stock and it is a little different. Streaming is the future. It is where growth will come from. The parks are part of the bread and butter. Huge cash flow. So they care about the parks but not in the same way as streaming.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One thing Ive been considering is whether the CEO of Disney actually cares about the Florida parks. Or any parks. A couple years ago, he announced that the company's focus would be shifting to its streaming content as a first priority. https://www.cnbc.com/2020/10/12/disney-reorganizes-to-focus-on-streaming-direct-to-consumer.html

What followed was a lot of chatter online about Disney's service and quality declining:

Complaints of price gouging and disgusting smells:
https://metro.co.uk/2022/03/30/disneyland-complaints-of-ride-breakdowns-smells-and-price-growing-16376396/

Complaints from Inside The Magic-- the fan zine of Disney-- about the merch quality:
https://insidethemagic.net/2022/01/disney-drop-quality-merch-ld1/

Complaints that the new $1200 per night hotel sucks:
https://www.google.com/amp/s/nypost.com/2021/12/13/disney-removes-video-for-star-wars-hotel-amid-fan-backlash/amp/

More Disney fan sites saying they are outraged by various aspects of service:
https://www.google.com/amp/s/www.wdwinfo.com/walt-disney-world/the-disney-bubble-burst-its-time-to-stop-giving-them-a-pass/amp/


I think given this 2+ year trend, it is safe to say, as the CEO did, that the parks are no longer a priority. Its entirely possible the CEO made a calculated gamble with this, that getting on board the hollywood battle cries against dont say gay would be better for business (streaming) than appealing to its more conservative park goers.

There was a pandemic that Disney had to deal with, as you may recall. They were closed for months. That drop in revenue hurt Disney, just like it did other businesses all over the world. Disney streaming didn’t do as well as anticipated.

If you read the first link, you'll see that he made the streaming-first decision PRIOR to the pandemic. And your reading of the situation may alter in light of the fact that Universal Studios, which as parks in the same locations, are enjoying record high profits. They gained more visitors during the pandemic fhan they had prior to the pandemic. So why is one theme park rolling in the dough, expanding to construct what will be the largest park in the US, while the other has the worst performing stock on the Dow?

This isnt due to culture wars IMO. Disney made a decision to deemphasize its parks and go full hog on the streaming content, and that means appealing more to hollywood types. And those business decisions are failing.

Before you mistakenly attack Universal, one of their most popular merch items has a rainbow and says "love is universal." They also pumped lots of $$ into the Biden campaign.

Universal is so much smaller vs Disney. You really have no understanding of the industry. Disney is king and queen driving the whole industry. You could fit universal inside Disney and it would be a small side attraction. Universal parks income 1.9 billion vs Disney 16.55 billion. Disney park profits are through the roof. They make more in profits vs universal’s gross income.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m rooting against Disney in this one. There’s no reason this mega-corporation cannot support the LGBT community while at the same time paying its equitable share. Corporations and their greed are as much an enemy of the people as is bigotry.

Please read this article so you know what you’re talking about. You’re completely wrong about everything.
https://www.mediaite.com/opinion/conservative-media-cheering-desantis-crackdown-on-disney-are-ignoring-what-a-catastrophe-it-would-be-for-florida/?fbclid=IwAR1tiNUUYFPxpU_EYhs2TiOSX0mGXmtEISBHDu3lmJa1p8ljdEC15HeE4yU

Still not going to root for a corporation. Forgive me if I don’t trust an entity whose sole existence is to make as much money as possible. Disney can do it’s great anti-bigotry work without special treatment.

DP. You realize this will hurt average middle class Floridians, right?

Why?!? Will Disney relocate to Chicago? Maybe Mayor Lightfoot can make a pitch.

The appeal of Orlando and So. CA is weather. Why on EARTH move to a climate that forces shutdowns for at least 1/2 year due to weather?

If anyone or thing can build a bio dome capable of mimicking the weather in SO Cal. It’s Disney. I was in Disney a few weeks ago and I have to honestly say the weather wasn’t that great, lots of rain and wild swings in temperatures. I think a Disney Mega Dome in Chicago or any city really is a great idea. The dome will have a constant temp of 75, low humidity, 365 days of artificial sunlight, Disney magic will make it all look real, replete with a giant glowing yellow orb, blue skies, white puffy clouds and a gentle southerly wind.

An entirely self contains bio dome, done right, could be infinitely better than the real thing. I’m building princess castles and sand castle in my mind right now. The artificial beaches will be safe to swim in too, since Chicago, and anywhere north of the Mason Dixon lacks anything close to alligators, crocodiles, man eating pythons or poisonous snakes). Plus no hurricanes! Get Lori on the phone!

[Anonymous]

Anonymous wrote:I’m ok with this. Eff Disney.

DeSantis is done. So glad he showed his true colors to the nation. A pale imitation of trump. Disney has already won.

[Anonymous]

Reedy Creek collects about $105 million per year to operate services inside Reedy Creek," Orange County Tax Collector Scott Randolph wrote on Twitter. "This is on top of other taxing authorities it sets in. So Disney pays the same Orange County, local and state school taxes, etc., as all other properties inside Orange County.

"If Reedy Creek goes away, the $105 million it collects to operate services goes away," he said. "That doesn’t just transfer to Orange County because it’s an independent taxing district. However, Orange County then inherits all debt and obligations with no extra funds."

https://www.orangeobserver.com/article/desantis-dismantling-reedy-creek-wont-raise-taxes-on-orange-county-residents

Wow vote Republican and get hammered by taxes. What is it with Florida republicans and huge tax increases?

[Anonymous]

Anonymous wrote:

Reedy Creek collects about $105 million per year to operate services inside Reedy Creek," Orange County Tax Collector Scott Randolph wrote on Twitter. "This is on top of other taxing authorities it sets in. So Disney pays the same Orange County, local and state school taxes, etc., as all other properties inside Orange County.

"If Reedy Creek goes away, the $105 million it collects to operate services goes away," he said. "That doesn’t just transfer to Orange County because it’s an independent taxing district. However, Orange County then inherits all debt and obligations with no extra funds."

https://www.orangeobserver.com/article/desantis-dismantling-reedy-creek-wont-raise-taxes-on-orange-county-residents

Wow vote Republican and get hammered by taxes. What is it with Florida republicans and huge tax increases?

Orange and Osceola don’t vote for DeSantis so he doesn’t care if their property taxes go up. Because today’s Republicans govern only to benefit their supporters, not all the people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m rooting against Disney in this one. There’s no reason this mega-corporation cannot support the LGBT community while at the same time paying its equitable share. Corporations and their greed are as much an enemy of the people as is bigotry.

Please read this article so you know what you’re talking about. You’re completely wrong about everything.
https://www.mediaite.com/opinion/conservative-media-cheering-desantis-crackdown-on-disney-are-ignoring-what-a-catastrophe-it-would-be-for-florida/?fbclid=IwAR1tiNUUYFPxpU_EYhs2TiOSX0mGXmtEISBHDu3lmJa1p8ljdEC15HeE4yU

Still not going to root for a corporation. Forgive me if I don’t trust an entity whose sole existence is to make as much money as possible. Disney can do it’s great anti-bigotry work without special treatment.

Hm. It seems that Disney will actually get a $163 million dollar a year tax break. That's how much Disney kicks to Reedy Creek on top of the actual taxes in order to cover all the expenses. Once RC is dissolved in the counties take over, that $163 million is no longer collectible from Disney. The county taxpayers are on the hook, or the services at Disney (potholes, inspection, fire, police, etc are greatly reduced.

None of this has been worked out yet but thanks for the talking points.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Reedy Creek collects about $105 million per year to operate services inside Reedy Creek," Orange County Tax Collector Scott Randolph wrote on Twitter. "This is on top of other taxing authorities it sets in. So Disney pays the same Orange County, local and state school taxes, etc., as all other properties inside Orange County.

"If Reedy Creek goes away, the $105 million it collects to operate services goes away," he said. "That doesn’t just transfer to Orange County because it’s an independent taxing district. However, Orange County then inherits all debt and obligations with no extra funds."

https://www.orangeobserver.com/article/desantis-dismantling-reedy-creek-wont-raise-taxes-on-orange-county-residents

Wow vote Republican and get hammered by taxes. What is it with Florida republicans and huge tax increases?

Orange and Osceola don’t vote for DeSantis so he doesn’t care if their property taxes go up. Because today’s Republicans govern only to benefit their supporters, not all the people.

Sigh. . . Florida has the potential to be 50-50. Yes those counties did not vote with him but he cares about the margin or he will lose.

[Anonymous]

All that is going to happen here is the creation of a new district with just about the same powers to Disney. Sure there will be some concessions from Disney that sound good. But there will be no real change here.

[Anonymous]

Anonymous wrote:DeSantis looking to get rid of Disney's special tax district privileges in response to Disney for being 'woke'. The measure only has to pass the house, which is Republican, so it looks like there is a very high probability of passing.


https://www.wsj.com/articles/florida-senate-passes-bill-to-eliminate-disneys-special-tax-district-11650473902

Go woke and go broke is going to be DeSantis' presidential rallying cry.

Just look at the spiraling stock at Disney and Netflix.