Disney: The Most Evil Business In The World

[bamawriter]

They're going to be streamlining operations and killing the excess fat for a couple of years. One example is the Star Wars Hotel. $5000 a couple for a 2 night stay (total immersion). 100 rooms, totally booked. But the manpower requirements are high making it difficult to scale up to larger size. It's profitable, but doesn't offer the return on investment Disney wants so it's getting terminated.

It's not totally booked, and it's not profitable. Nor will it ever be based upon the current trends in booking. If it were fully booked, and yet it's not reaching ROI projections, they'd raise the price

 

[allvol123]

Wait and see. Either DeSantis backs off or they cancel more. This is Iger, not some lightweight. He relishes battles and has never lost a big one according to an article I read in WSJ. He's the kind of guy who would love the scalp of a Presidential campaign to hang on his belt. He loves publicity and is great in front of an audience.

If my memory serves me correctly he's taken down two hand-picked successors for deviating from his vision. Retired and came back, twice. I don't think even the legendary Jack Welch was able to do that at GE.

Too bad we don't elect guys like him as President.

“He loves publicity and is great in front of an audience”

That is your ringing endorsement for a guy that is “too bad we don’t elect him for president”.

If some of the 17 billion in construction gets cancelled it should be because it is the best move for the business. Not to have a scalp.

 

[scooty_vol]

“He loves publicity and is great in front of an audience”

That is your ringing endorsement for a guy that is “too bad we don’t elect him for president”.

If some of the 17 billion in construction gets cancelled it should be because it is the best move for the business. Not to have a scalp.

Disney has already cut a bunch of jobs, so this threat of not expanding is just noise. Disney is mad because they're being treated the same as all other businesses with no special treatment.

 

[scooty_vol]

Disney announced this plan 2 years ago, though it had been in the works since 2019. They never broke ground. Then a year ago, Chapek announced they were delaying it until 2026 (obviously timed at the end DeSantis' 2nd term, which he had yet to win at the time of the announcement). Then Chapek gets canned.

While I'm sure that the battle with DeSantis contributed to this decision, it's silly to claim it's the entire reason for it. Iger came in and announced that Disney would be conducting massive layoffs. It's difficult to justify laying off 7,000 employees, only to then spend a billion dollars to move 2,000 existing employees across the entire country. Couple that with the ungodly amounts of money Disney spent building the Harmonious production at EPCOT and the Star Wars Galactic Starcruiser experience, only for both to be scrapped within 18 months of premiering, and it's obvious that Iger 2.0 leadership team is committed to scaling back on the screwups of Chapek and company. I don't care how much Disney is pissed at DeSantis, they wouldn't be shuttering this project if it made good business sense.

All of that said, DeSantis is pissing away a lot of good will with conservatives that like him but are totally opposed to weaponizing the government against a private business over a political dispute. This entire thing is absurd. So Disney released a meaningless statement but didn't actually do anything to combat the bill? Why should DeSantis care? The bill passed and is overwhemingly popular with the voters. Spike the football and move on.

There can be no winner in this fight. The two sides need to assess the damage and determine how much they are each willing to lose. Make peace and get on with governing / running your business.

Disney is no longer getting special treatment from the gov. They're basically on the same paying field as most companies now, of they're still getting some good perks from the gov. As you say Disney is scaling back due to past losses and future economics troubles.

I honestly can't see how a family with more than 3 can afford to go anymore. Without dumping it all on a credit card

 

[scooty_vol]

You're right--but DeSantis is not a moderate; he's a diminutive right-wing bully--and moderates surely don't find him very appealing. But it's going to be a problem for Republicans if conservative voters stick with the gangster in the primaries. That would be stupid, un-American and a losing proposition. Both men are horrible.

Still better than having obamas 4th term. They're both better than that walking corpse you worship

 

[RikidyBones]

Y'all were so desperate to have this about desantis and turns out, it has nothing to do with him. Lol

 

[scooty_vol]

You know people can multitask right? He's not spending all his time fighting Disney. He's also banning gender surgeries on minors, signing forward school choice, having a great budget, focused on infrastructure the last few years, cleaning up porn in public schools, etc.

That's even more a reason the libs hate him. Imagine trying to get rid of porn in school. The libs going crazy

 

[scooty_vol]

Puddin' Fingers won't be governor forever

Still better than any communist you worship.

 

[evillawyer]

So Disney rejected hundreds of millions of dollars in incentives to stay in California? Sounds like they are ignoring their fiduciary responsibility to their shareholders.

Business judgment rule says hi.

 

[MurphyVol]

Disney is no longer getting special treatment from the gov. They're basically on the same paying field as most companies now, of they're still getting some good perks from the gov. As you say Disney is scaling back due to past losses and future economics troubles.

I honestly can't see how a family with more than 3 can afford to go anymore. Without dumping it all on a credit card

They absolutely are still getting the same deal as before, Ron just gave the special district a new name and appointed a new board (his donors). The special district remains.

 

[lawgator1]

Y'all were so desperate to have this about desantis and turns out, it has nothing to do with him. Lol

Desantis MADE IT about himself.

 

[volfanhill]

Still better than any communist you worship.

If you discuss sodomy in the next hour and a half you will have played all your hits before lunch today.

 

[RikidyBones]

Desantis MADE IT about himself.

No. Disney interjected about a policy that does not affect their business. Disney made it about themselves and virtue signaling about wanting books with porn and sexual conversations with 7 year olds in a classroom. Which is a weird hill to die on.

In this situation Disney did not make it about DeSantis or Florida. Dumb journalists did. In a way, I feel bad for Disney in this situation.

 

[BigOrangeMojo]

No. Disney interjected about a policy that does not affect their business. Disney made it about themselves and virtue signaling about wanting books with porn and sexual conversations with 7 year olds in a classroom. Which is a weird hill to die on.

In this situation Disney did not make it about DeSantis or Florida. Dumb journalists did. In a way, I feel bad for Disney in this situation.

Dozens of companies voiced the same opinion on the same legislation. DeSantis is weaponizing the FLDOR to go after many of these companies. How any conservative can support more govt intervention and retaliation is beyond me....

Again, it's not right when Bragg did this to Trump and its not right now....

 

[MurphyVol]

No. Disney interjected about a policy that does not affect their business. Disney made it about themselves and virtue signaling about wanting books with porn and sexual conversations with 7 year olds in a classroom. Which is a weird hill to die on.

In this situation Disney did not make it about DeSantis or Florida. Dumb journalists did. In a way, I feel bad for Disney in this situation.

CEO that spoke up was was fired, new CEO said he'd rather stay out of politics. So the big deal is what exactly?

Should DeSantis return his contributions from Disney?

 

[RikidyBones]

Dozens of companies voiced the same opinion on the same legislation. DeSantis is weaponizing the FLDOR to go after many of these companies.....

Again, it's not right when Bragg did this to Trump and its not right now....

Do those other companies have special privileges over their competition? If anything that argues against him retaliating against anyone who disagrees.

 

[MurphyVol]

Do those other companies have special privileges over their competition? If anything that argues against him retaliating against anyone who disagrees.

Those special privileges remain, they are just being overseen by an unqualified board of DeSantis donors. The deal for Disney hasn't changed at all.

 

[BigOrangeMojo]

Do those other companies have special privileges over their competition? If anything that argues against him retaliating against anyone who disagrees.

Disney doesn't have a special privilege. They have the same setup that 1800 entities already have...

Going after 1/1800 for political reasons is just wrong. This isn't Iran

 

[RikidyBones]

CEO that spoke up was was fired, new CEO said he'd rather stay out of politics. So the big deal is what exactly?

Should DeSantis return his contributions from Disney?

Wasn't the new one active when they tried to change bylaws at the 11th hour?

I'm on board with DeSantis putting it in the rearview. What's done is done, currently. Have talks, be open. I'd also like for it to stop.

 

[RikidyBones]

Disney doesn't have a special privilege. They have the same setup that 1800 entities already have...

Going after 1/1800 for political reasons is just wrong. This isn't Iran

Disney is the only one that isn't a community. Their true competition isn't a part of the remaining 1799.

 

[MurphyVol]

Wasn't the new one active when they tried to change bylaws at the 11th hour?

I'm on board with DeSantis putting it in the rearview. What's done is done, currently. Have talks, be open. I'd also like for it to stop.

So? They are still a special district with the same setup as before. They just changed the name and appointed DeSantis donors to the board. Same self taxing deal as they've always had

 

[BigOrangeMojo]

Disney is the only one that isn't a community. Their true competition isn't a part of the remaining 1799.

Their competition is Universal, an entity that has got FL legislators to redraw incentive districts to include Universal properties.....

 

[RikidyBones]

Their competition is Universal, an entity that has got FL legislators to redraw incentive districts to include Universal properties.....

And SeaWorld/Busch Gardens and Legoland

 

[hog88]

Disney doesn't have a special privilege. They have the same setup that 1800 entities already have...

Going after 1/1800 for political reasons is just wrong. This isn't Iran

They keep ignoring this fact.

 

[BigOrangeMojo]

And SeaWorld/Busch Gardens and Legoland

Those are immaterial blips compared to Disney but I know Busch has done the same thing Universal did in getting incentive boundaries drawn to cover their projects....