W.TN.Orange Blood
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It may seem that way since their parks are crowded but they have actually come up on hard financial times. ESPN went woke and that has been a financial disaster. They have had massive layoffs in all their divisions and had to bring back the former CEO to right the ship. He has publicly stated that more layoffs are ahead before the company is on better financial ground. They have cut $2Billion so far. Now they lost their right to self-govern in Florida along with special tax rates they had to avoid paying normal business taxes. Like any company, they should have kept their mouth shut about Politics. It's not good for business. It's also not good for the many employees that lost their jobs because of their incompetent management.We were at Disney over spring break. They are absolutely not going broke
Yeah, the parks are what's keeping disney afloat right now. They've lost billions from streaming and their movies in 2023.It may seem that way since their parks are crowded but they have actually come up on hard financial times. ESPN went woke and that has been a financial disaster. They have had massive layoffs in all their divisions and had to bring back the former CEO to right the ship. He has publicly stated that more layoffs are ahead before the company is on better financial ground. They have cut $2Billion so far. Now they lost their right to self-govern in Florida along with special tax rates they had to avoid paying normal business taxes. Like any company, they should have kept their mouth shut about Politics. It's not good for business. It's also not good for the many employees that lost their jobs because of their incompetent management.
Streaming isn't dragged down by the petty fight with the FL gov. Running Reedy creek also costs the state money now. There may be other reasons but the parks aren't hurting like other segments. But hey, it did show the govs true big govt colors and cost him a WH bid.It may seem that way since their parks are crowded but they have actually come up on hard financial times. ESPN went woke and that has been a financial disaster. They have had massive layoffs in all their divisions and had to bring back the former CEO to right the ship. He has publicly stated that more layoffs are ahead before the company is on better financial ground. They have cut $2Billion so far. Now they lost their right to self-govern in Florida along with special tax rates they had to avoid paying normal business taxes. Like any company, they should have kept their mouth shut about Politics. It's not good for business. It's also not good for the many employees that lost their jobs because of their incompetent management.
Disney did it to themselves. They thought they were too big and powerful to question. They even threatened to move to another state and which was never a possibility and never financially possible. Again, Disney is hurting because they have incompetent management and have gone woke and it's cost them in all areas of their business. The parks are not going bankrupt and may well have improved finally but in no way was it a good business decision to wade into politics. It cost people their jobs and cost Disney a lot of money and their ability to self govern. Spin it all you want, but DeSantis and the State of Florida won and Disney lost and it wasn't even close.Streaming isn't dragged down by the petty fight with the FL gov. Running Reedy creek also costs the state money now. There may be other reasons but the parks aren't hurting like other segments. But hey, it did show the govs true big govt colors and cost him a WH bid.
Going after Disney too hard will hurt the residents. One would think the govt is mindful of that
It cost DeSantis a white house run. He didn't win. The local counties are also on the hook for increased services which hurts. Florida needs Disney more than the other wayDisney did it to themselves. They thought they were too big and powerful to question. They even threatened to move to another state and which was never a possibility and never financially possible. Again, Disney is hurting because they have incompetent management and have gone woke and it's cost them in all areas of their business. The parks are not going bankrupt and may well have improved finally but in no way was it a good business decision to wade into politics. It cost people their jobs and cost Disney a lot of money and their ability to self govern. Spin it all you want, but DeSantis and the State of Florida won and Disney lost and it wasn't even close.
Streaming isn't dragged down by the petty fight with the FL gov. Running Reedy creek also costs the state money now. There may be other reasons but the parks aren't hurting like other segments. But hey, it did show the govs true big govt colors and cost him a WH bid.
Going after Disney too hard will hurt the residents. One would think the govt is mindful of that
It may seem that way since their parks are crowded but they have actually come up on hard financial times. ESPN went woke and that has been a financial disaster. They have had massive layoffs in all their divisions and had to bring back the former CEO to right the ship. He has publicly stated that more layoffs are ahead before the company is on better financial ground. They have cut $2Billion so far. Now they lost their right to self-govern in Florida along with special tax rates they had to avoid paying normal business taxes. Like any company, they should have kept their mouth shut about Politics. It's not good for business. It's also not good for the many employees that lost their jobs because of their incompetent management.
Disney paid taxes to Orange County, Osceola County, and what used to be the Reedy Creek Improvement District.
Your bolded statement is false. When Disney was allowed by law to self-govern through RCID they paid more than their fair share of taxes.
They have not lost the right to the DOUBLE taxation agreement they've had for decades. The only difference is Ron's friends and donors now have high paying jobs to try and figure out how to issue permits and do Disney's waste management.It may seem that way since their parks are crowded but they have actually come up on hard financial times. ESPN went woke and that has been a financial disaster. They have had massive layoffs in all their divisions and had to bring back the former CEO to right the ship. He has publicly stated that more layoffs are ahead before the company is on better financial ground. They have cut $2Billion so far. Now they lost their right to self-govern in Florida along with special tax rates they had to avoid paying normal business taxes. Like any company, they should have kept their mouth shut about Politics. It's not good for business. It's also not good for the many employees that lost their jobs because of their incompetent management.
It cost DeSantis a white house run. He didn't win. The local counties are also on the hook for increased services which hurts. Florida needs Disney more than the other way
The Star Wars tv shows has been highly regarded by most fans much more than the recent films outside Rogue One.Anything coming out of Lucas Films (with exception of merchandise) is a disaster these days. I feel like both Star Wars and Indiana Jones hit lightning in the bottle in the 1980s and it is just very hard to replicate the success of the original trilogies for both series. They are still a money maker for merchandise and branding, but I just don't see a film coming out of any franchise that can meet the quality of the originals anytime soon.
It would take a very different style, team, etc. to get the recipe that made these stories a success back.
You see the same issue with Terminator, Ghostbusters, Predator, Aliens, and most other 1980s franchises.