Disney Cancels Building of $1B Florida Facility

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The Facts

  • Amid its current battle with Florida Gov. Ron DeSantis, Disney has decided to scrap plans to build a $1B office complex within the state.

  • Disney revealed the news via an internal email on Thursday, in which the company cited “changing business conditions,” with “considerable changes” to the environment they found themselves in when the plan was announced.


The Spin

Democratic narrative

The decision is a defensive move by Disney, and it's clear that $1B is now the price for DeSantis’ continued over-the-top war on so-called wokeness. Disney isn't perfect, but in standing up for its ability to speak its mind on state politics, it has dealt a clear economic and psychological blow to DeSantis as well as his 2024 aspirations.

Republican narrative

Disney has been badly losing its battle against DeSantis, and it will continue to do so. Not only does the corporation not have any moral ground to stand on, but it also lacks any legal argument to justify its defiance of state law. Disney is shamefully committed to indoctrinating children with inappropriate content. Its behavior should not be rewarded with undeserved corporate welfare.

Narrative C

While Disney finds itself in the middle of a culture war with DeSantis, this should be the least of its worries. The company is currently embroiled in turmoil concerning plunging cable and streaming subscriptions and box office revenue, all while laying off waves of employees. While DeSantis has added another battle for the company, there are currently more pressing issues at hand.


Metaculus Prediction


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