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Post by helenabear on Apr 8, 2023 19:00:50 GMT -5
No corporation, even Disney, should not have an unfair advantage when it comes to taxes, permitting, etc. They actually don't compared to other parks, but welcome to MagicOwners!
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Post by brp on Apr 9, 2023 11:59:38 GMT -5
We all have the right to and for free speech. But if you are a corporation selling goods or services to the public there can be consequences, both in revenue and market penetration, but also politically. I would fully expect taking a stance to have consequences. Without consequences the stance is fairly meaningless. Political consequences, however, are anathema to the concept of free speech and an abuse of political power. The current debacle has made this all that much more clear and each retribution-laced missive drives another nail. Disney has, but I think they are replacing customers as fast or faster as they lose them so I see them much more like a CFA than an InBev. Just as my avoidance of Chik-Fil-A has not impacted them judging by the lines I see at airports. Cheers.
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Post by rigby on Apr 9, 2023 13:19:35 GMT -5
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Post by SuzanneSLO on Apr 9, 2023 13:50:40 GMT -5
I agree. Very funny. I didn’t realize that DeSantis was married at the Grand Floridian.
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Post by helenabear on Apr 9, 2023 14:57:25 GMT -5
I agree. Very funny. I didn’t realize that DeSantis was married at the Grand Floridian. Neither did I!
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Post by bakerworld on Apr 10, 2023 7:16:21 GMT -5
DeSantis is a big fan of the Disney Parks - goes all the time - he seems to feel Disney Corporation is taking advantage of their client base. LOL, sounds like a familiar thought.
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Post by henrycpa on Apr 10, 2023 7:46:06 GMT -5
DeSantis is a big fan of the Disney Parks - goes all the time - he seems to feel Disney Corporation is taking advantage of their client base. LOL, sounds like a familiar thought. I think the Disney BOD and current leadership has made a tactical corporate decision and that while may be unpopular with part of its client demographic it is popular with other parts of its demographic and maybe in particular with its creative talent which is scarce. As brp pointed out above, I think Disney, much like CFA, can weather this fine from a customer standpoint. What may not be as predictable is what happens if/when the Legislature nullifies the moves they made with Reedy Creek before the transition and what is the effect on their shareholders (with DeSantis at a 59% approval rating in FL he will get what he wants from the legislature). The remakes of characters and stories and lack of original content is also hurting Disney right now.
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Post by rigby on Apr 10, 2023 8:45:50 GMT -5
I’m confused how remakes that regularly bring in a billion or more at the box office is hurting Disney? We’ve loved almost all of them and clearly we’re not alone. They’re still making original films. Elemental and Wish are coming out soon. No idea what those are about. I do agree that the stuff with the legislators is about to get wild but I got a pretty good feeling about the Mouse’s legal team.
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Post by henrycpa on Apr 10, 2023 8:59:49 GMT -5
I’m confused how remakes that regularly bring in a billion or more at the box office is hurting Disney? We’ve loved almost all of them and clearly we’re not alone. They’re still making original films. I do agree that the stuff with the legislators is about to get wild but I got a pretty good feeling about the Mouse’s legal team. Maybe it is in how you define a success. I think Lightyear was clearly a flop. Dumbo was not success and Pinocchio was not even a success on Disney+. Love and Thunder was a flop from Marvel and the new Antman/Wasp movie tanked. Even their new IP has not done well. Turning Red and Mulan were big losses as was Strange World. Solo on the Star Wars side but they have had some success in Disney+ with Star Wars spinoffs... So, I guess it is in how you define success.
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Post by zafiro on Apr 10, 2023 10:11:10 GMT -5
The Real issue is, a Public Company that has customers that both agree and disagree with the positions they took should NEVER have gotten involved in a political position period. That is the issue with our Corporations today. InBev is going to take a huge hit. THIS is spot on. It will be interesting to see where all of this ends with these companies that do these bizarre political moves all in the name of virtue signaling. I can't wrap my head around the illogical aspects of it all.
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Post by SuzanneSLO on Apr 10, 2023 11:04:53 GMT -5
I know I have too much Disney/DeSantis on the brain when scrolling down on the NYT website I saw the top of a photo that looked like DeSantis wearing a Sorcerer Mickey hat! Actually it was the flag field from a furled American flag.
Corporations have done this kind of thing in a very public way for most of my lifetime. I can remember a boycott of Coors beer from a time when I was far too young to drink. That boycott was eventually embraced by the LGBQ community, to the benefit of Budweiser.
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Post by rigby on Apr 10, 2023 12:03:51 GMT -5
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Post by jflatto on Apr 10, 2023 12:28:26 GMT -5
THIS is spot on. It will be interesting to see where all of this ends with these companies that do these bizarre political moves all in the name of virtue signaling. I can't wrap my head around the illogical aspects of it all. I would argue that it is DeSantis who is doing the bizarre political moves. He is using his political power to penalize a company who is using exercising their first amendment rights.
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Post by johnb on Apr 10, 2023 12:35:29 GMT -5
The Real issue is, a Public Company that has customers that both agree and disagree with the positions they took should NEVER have gotten involved in a political position period. That is the issue with our Corporations today. InBev is going to take a huge hit. THIS is spot on. It will be interesting to see where all of this ends with these companies that do these bizarre political moves all in the name of virtue signaling. I can't wrap my head around the illogical aspects of it all. I guess that's one way to describe a company's decision to connect with an underserved/under-recognized market. "Virtue signaling" unfortunatley seems to have become a quasi-pejorative, overused and/or misused, a la "woke."
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Post by maxsdad on Apr 10, 2023 12:38:00 GMT -5
Smartest analysis of this issue can be found from Len Testa on this week's Disney Dish podcast. After hearing this, it's even worse for DeSantis than I thought. Len, who did attend the last Reedy Creek board meeting unlike anyone from the governor's office, said he could forgive someone being outsmarted, he can't forgive someone being outworked.
IMHO, it's pretty obvious that there was no due diligence done by the DeSantis team. It's all about performative politics, not about governing.
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