Disney 1, DeSantis 0

[LuFins Dad]

Yeah, too bad Iger was talking about shutting the project down before he even stepped back in as CEO.

I suppose the tumbling stock prices, the thousands of employee layoffs, and losing millions of Disney Plus subscribers every quarter over the last two quarters had nothing to do with it… Nope. It’s all because of the Reddy Creek oversight…

[Jolly]

@jon-nyc said in Disney 1, DeSantis 0:

Disney cancels $1B project in Florida.

https://www.reuters.com/business/media-telecom/disney-cancels-plans-relocate-2000-jobs-florida-company-email-2023-05-18/

Git it, cat hair!

[Copper]

Florida won't let them corrupt their children, so of course they go back to LA.

[LuFins Dad]

So out of the 2000 jobs, 1000 were actually just going to be transfers from California. And of those being transferred, a lot were fighting the move and threatening to quit if forced to relocate. Of the remaining 1000 positions, most were going to be in the Metaverse Division, which was shut down in March.

Oh, also announced this morning? They are also shuttering their Star Wars Immersive Resort. At $5,000 per couple, customers would be able to role play their entire vacation as being a part of the Rebel Alliance.

I suppose that will be blamed on DeSantis as well…

[Jolly]

Of course.

It's his problem they're bleeding money at ESPN and the Disney+ streaming channel, too.

[Jolly]

Folks, my niece's husband is a glass contractor in Duval County. He also does some high end (think $30,000-$100,000) bathroom remodels and new bathroom construction.

He's having to turn down work. After hiring two more crews in the last few years.

[Axtremus]

https://www.axios.com/2023/08/18/disney-desantis-feud-takes-another-turn-with-new-damages-claim

Disney filed counterclaim against board appointed by DeSantis.

[LuFins Dad]

Disney’s trading at it’s lowest price in 10 years.

[Axtremus]

@LuFins-Dad said in Disney 1, DeSantis 0:

Disney’s trading at its lowest price in 10 years.

And that’s relevant because … ?

[LuFins Dad]

Let’s see… Their new releases this year have by and large been box office failures. The park attendance is so low that they are offering steep discounts while shutting down attractions. Disney+ has been shedding subscribers and the CEO is publicly stating they may sell their TV assets. They are in the middle of a massive actor’s strike AND a writer’s strike, they have several major copyrights and trademarks expiring over the next 24 months unless they get Congressional action to protect the properties, non-conservative “Disney Adults” are up in arms over the Snow White remake.

So yeah, it’s relevant. I would think that they have higher priorities right now, and at this point it doesn’t really matter who’s right or wrong in this argument with DeSantis, it’s in their best interest to resolve it and mend partnerships that could help them through the current economic climate.

[LuFins Dad]

Disney 1 - DeSantis 78

Case tossed out…

[jon-nyc]

Maybe 1-1. Appellate court next.

[LuFins Dad]

But the reasoning for the dismissal is brilliant and simple. Lack of standing. Show how the bad man hurt you… Forcing you to abide by the same rules and governance as every other frogging business in Florida works under hurts you? Then there are bigger issues.

[George K]

@LuFins-Dad said in Disney 1, DeSantis 0:

Show how the bad man hurt you

That seems to be working for Alvin Bragg....

[LuFins Dad]

This was pretty ballsy on DeSantis’ part -

The press conference was at Disney World.

[Horace]

I remember the incoherent attempts to frame that as DeSantis abusing government power to smite politically incorrect businesses. Oh yeah, that was this thread.

[Jolly]

@jon-nyc said in Disney 1, DeSantis 0:

Meh. Still tied. Now it goes to court.

Still tied?

[taiwan_girl]

https://www.businessinsider.com/disney-world-desantis-development-deal-fifth-theme-park-2024-6?op=1

Central Florida's tourism oversight district will soon vote on a development plan with Disney.

The plan would greenlight $17 billion in development at Walt Disney World over 10 to 20 years.

It could herald the arrival of the much-rumored "fifth theme park" in Florida.

[jon-nyc]

As I read into the deal, it was the quiet resolution one would expect after the spotlight of DeSantis’ campaign was gone.

Disney postponed their appeal pending a new agreement with the board, and DeSantis took two magats off the board and replaced them with serious people who have experience in development.

[Copper]

@taiwan_girl said in Disney 1, DeSantis 0:

It could herald the arrival of the much-rumored "fifth theme park" in Florida.

The rumor is that construction on DEI Land is scheduled to start soon.