quote:

Originally posted by parabellum:
Olbermann: "It's simple- just move Disney."



Yeah, it's simple, douchebag.

That's hilarious. That's what I actually imagine Florida's response will be to any protests.

"Don't like it? Move."

Yeah, the mouse ain't going anywhere.

quote:

Originally posted by flashguy:
Does anyone here really understand the cost of moving something like Disney World to a new location? I don't think Disney would even contemplate doing it--much cheaper to just follow whatever laws Florida passes.

flashguy

Four simple words.

No...State...Sales...Tax.

Disney ain't going anywhere, and everyone who understands the park and the Disney company knows it. Anyone bloviating about such a thing likely has a personal credit score of 400.

quote:

Originally posted by parabellum:
Olbermann: "It's simple- just move Disney."
Yeah, it's simple, douchebag.

Yeah? Go ahead!
Move it to a lib paradise like New York!
Maybe Chicago?
Try getting away from oppressive Florida and see what you get!

Disney is not going anywhere.
At one point Disney was moving some of it's California operation to Lake Nona Florida, and the reason ding ding ding, the way the California Governor handled the Covid shut down.

While Disney World was aloud to open By I think June 2020 DisneyLand was not aloud to open for over a year. At one point the Governor of California even delayed the opening causing Disney to threaten to sue the state I think.
Disney was able to get up and running here in Florida bringing in money when the state of California said no, we don't care about your company,your employees or anyone else that has to feed their family from the benefit of Disneyland providing so many jobs.

Disney would never move to any Democratically controlled state knowing how business were treated during the shut down, knowing they could be shut down at the drop of a hat by some dictator of a governor.

Disney may have lost it's special privilege here in Florida but they still have it better here than any other state, and they know it.

P.S. if they left the traffic around here would get better, and the locals would love it

Disney seems to be doing just fine after their stock lost a third of its value in six months.

Wonder how well that goes over in the board meetings.

CEOs Now Fear Caving to Woke Employees After Florida Pushes Back Against Disney

https://www.breitbart.com/ente...back-against-disney/

The days when woke employees could easily pressure their CEOs into taking left-wing political positions appear to be ending as top business leaders are reportedly seeking to avoid a PR disaster like the one Disney brought on itself in Florida.

The war between the Walt Disney Co. and Florida Gov. Ron DeSantis (R) has alarmed leaders across corporate America and brought about a new round of corporate soul-searching, according to executives and their advisers who spoke to the Wall Street Journal.

The newspaper reported that in private meetings and coaching sessions during the past few weeks, top business leaders have been asking a version of the same question: How can we avoid becoming the next Disney?

Disney recently lost its valuable self-governing status in Orlando after the company provoked Florida lawmakers by vowing to fight the state’s Parental Rights in Education law, which prohibits the teaching of sexual and gender ideology to kids in kindergarten through third grade.

The Mouse House is also facing boycotts from millions of conservative families.

“The No. 1 concern CEOs have is, ‘When should I speak out on public issues?’,” Bill George, former chairman and CEO of Medtronic PLC and now a senior fellow at Harvard Business School, told the newspaper “As one CEO said to me, ‘I want to speak out on social issues, but I don’t want to get involved in politics.’ Which I said under my breath, ‘That’s not possible.’ ”

Disney originally declined to weigh in on the Florida legislation but CEO Bob Chapek ultimately caved to the demands of a small fringe of far-left employees and issued a groveling apology.

Since then, Disney said it will devote itself to radical LGBTQ activism and fight similar legislation in other states.

Despite an aggressive mainstream media campaign against the Florida legislation, a recent poll shows that Florida Democrat voters support the Republican-backed law, 52 percent to 36 percent.

Disney shares have plummeted more than 30 percent in the past year, making it the worst performing Dow stock.

The controversy has become a cautionary tale for business leaders who want to avoid a similar fate.

quote:

“The No. 1 concern CEOs have is, ‘When should I speak out on public issues?’,” Bill George, former chairman and CEO of Medtronic PLC and now a senior fellow at Harvard Business School, told the newspaper “As one CEO said to me, ‘I want to speak out on social issues, but I don’t want to get involved in politics.’ Which I said under my breath, ‘That’s not possible.’ ”

CEOs should tend to their businesses, period.
They should not be getting involved in any social or political issues.

quote:

CEOs should tend to their businesses, period.
They should not be getting involved in any social or political issues.

You would think that someone, somewhere, maybe in Business School, would have the sense to tell them?

quote:

“As one CEO said to me, ‘I want to speak out on social issues, but I don’t want to get involved in politics.’ Which I said under my breath, ‘That’s not possible.’ ”

You have a 1st amendment right to speak. You have a right to vote. But you should do so on your own time. You should not be using resources that belong to the company for anything but the company business.

quote:

“The No. 1 concern CEOs have is, ‘When should I speak out on public issues?’,” Bill George, former chairman and CEO of Medtronic PLC and now a senior fellow at Harvard Business School, told the newspaper

Sometimes I wonder how these people have graduated high school let alone completed higher education. Even more so considering he went to Harvard.

Let me help you Bill. You don't need to speak out on public issues unless your business is in the public issue industry. Medtronic is a business that provides medical technology, services, and solutions. Try this:

Medical technology: Speak out.
Medical services: Speak out.
Medical solutions: Speak out.
Public issue: Keep mouth shut.

quote:

Originally posted by WaterburyBob:

quote:

“The No. 1 concern CEOs have is, ‘When should I speak out on public issues?’,” ”

CEOs should tend to their businesses, period.
They should not be getting involved in any social or political issues.

This. A thousand times, this.

Your job as that company's CEO is to guide your business to make money for the company and its shareholders.

Not to effect societal change. Not to push your personal agenda. Not to pander to your chosen sociopolitical camp. (And yes, that applies to all sides of the political spectrum... What's good for the goose/gander and all that.)

Shut up and make money.

Then go support whatever causes you want outside of work with your own time/money/resources.

Now that’s playing economic hardball.

https://www.americanthinker.co...edy_creek_bonds.html

Why Disney will pay off those Reedy Creek bonds by David Barulich

In The Godfather Part II, Senator Geary of Nevada demands that Michael Corleone pay hefty bribes in exchange for approval of his casino’s gaming license. Michael turned the tables and insisted that the senator should pay the $20,000 gaming license fee, and that he will pay nothing. This improbable demand by Mr. Corleone is a lesson for resolving the fiscal obstacles between the State of Florida, Disney, and the Reedy Creek Improvement District.

Critics of Ron DeSantis have been spiking the football in the end zone, claiming that Republicans have shot themselves in the foot by dissolving the Reedy Creek Improvement District (RCID). They quote Scott Randolph, the tax collector of Orange County, and a Democrat, as claiming that property taxes in Orange County, FL could rise as much as 25% to pay off almost $1 billion worth of RCID bonds.

Michael Hiltzik’s April 27 column in the Los Angeles Times is a good example of this. He crows that “Executives of the Walt Disney Co must be laughing themselves silly.” He suggests that the impulsive, vindictive, and stupid Republicans in the Florida Legislature “performed no fiscal analysis of its effects, or even analysis of how it relates to other state laws or legal commitments the state has made.”

You see the big problem, according to Hiltzik and other critics, is that the RCID’s $1 billion of debt would have to be repaid prior to its dissolution.

Democrats normally don’t have any problem imagining a new tax to solve a problem, but now they assume that raising property taxes on Orange and Osceola County residents is the only way to satisfy those pesty legal requirements.

However, the Republicans have a solution for paying off this debt without burdening Florida’s taxpayers. In fact, the solution is so elegant and devastating that the Walt Disney Company will rush at the opportunity to pre-emptively pay off these RCID bonds themselves before this scheme could be implemented.

If you can read a map, then the solution is obvious. Visit Disney’s helpful website and you will learn that all the entrances to the Disney World Attractions are from three exits off Interstate 4.

The State of Florida could set up toll booths at all the roads leading to the Disney World attractions and charge $20 or more per car, $50 per van, and $300 or more per bus. In 2019 over 30 million visitors paid to visit the Magical Kingdom and Epcot Center, and that’s not counting all the other attractions in Disney World. That represents a lot of toll revenue that Florida could collect. With that revenue stream in place, it could issue Revenue Bonds to the market to raise the $1 billion from investors to pay off the RCID bonds when it dissolves the RCID.

With this new revenue stream as the collateral for the bondholders, the State of Florida could easily guarantee paying the new bondholders with interest within ten years, and then continue to collect additional tax revenue after these bondholders are paid off. What’s not to like about a tax increase paid primarily by persons who don’t vote in Florida elections?

Faced with this burden to its visitors, the Disney Company will not want to see this plan enacted, so they will pre-emptively pay off the RCID bondholders so that the State of Florida will have no excuse to implement it.

^^^

Nice!

Bob Chapek is on thin ice. I am friends with a senior Disney Exec and she is convinced that Chapek will be gone in the next year. I don’t really think that’s much of a secret anyway, there seem to be a lot of rumors regarding his impending doom. This fight with Florida is just the icing on his shit cake, the stock has been underperforming for a while and a lot of longtime Disney fans and employees are pissed about several changes he has made to the parks attempting to prioritize profit over quality service.

I know a bunch of people here have long hated Disney parks but I always enjoyed going. I grew up going to the parks and my kids have too. I have a lot of great memories there. We have been season pass holders ever since moving to Florida and live close enough to go regularly. But after talking to my ex wife (we split the cost of passes for the kids) we are not going to renew this year. We were already on the fence because of the changes made and this recent bullshit has pushed us over the edge. I’ve written an email to Disney with my information letting them know why we will not be renewing, but also letting them know that we will happily come back after Disney remembers what it is they exist for.

I’m hoping Chapek goes away and the new CEO rights the ship.

quote:

“The No. 1 concern CEOs have is, ‘When should I speak out on public issues?’,” Bill George, former chairman and CEO of Medtronic PLC and now a senior fellow at Harvard Business School, told the newspaper “As one CEO said to me, ‘I want to speak out on social issues, but I don’t want to get involved in politics.’ Which I said under my breath, ‘That’s not possible.’ ”

Easy, stop promoting, empowering and acknowledging the people that do the least for your business: Marketing and HR.

I kid, every department has value and has necessity but, the point is companies who continue to respond, react and feel the need to answer EVERY SINGLE ISSUE has driven corporate executives into a state of insecurity. They've become as neurotic as the people that claim to need 'safe spaces' and 'mental healing'. We had a marketing manager who was driving herself nuts during our weekly meetings because, after several months of landing page changes, which reflected various 'holidays' and promotions, the website wasn't generating enough unique users. The president, was allowing himself to get consumed by the need to respond and react to whatever the people in marketing were all hot and bothered by on social trends. It was ridiculous, sales and operations would look at each other and shake our heads. WTF are you people doing...how about focus on the product and the market will respond.

Disney has done a good job about 'being inclusive' (which includes elderly, handicapped, etc) in their parks and cruises however they've allowed middle-management and a variety of executives, who fancy themselves as 'activists' and 'allies' to become obsessed with their ideas of what exactly is inclusion and how it affects everyone else.

quote:

Since then, Disney said it will devote itself to radical LGBTQ activism and fight similar legislation in other states.

Good job Disney, you're not only using the language of the radial Left, you're gonna double-down on what got you into this mess. Keep digging, because learning isn't your strong suit.

Well, alrighty then...

Disney announces new 2022 LGBTQ+ clothing collection for kids

Disney released a new LGBTQ+ clothing line for children on Monday amid the company's feud with Florida Republicans and Gov. Ron DeSantis over the state's new parental rights law.

The clothing line features the rainbow Pride flag printed on T-shirts, baby clothes, bracelets, sweaters, socks, backpacks and other items.

Several products incorporate the flag’s colors with fictional Disney characters such as Mickey Mouse. Pride-themed Star Wars, Marvel, and Pixar selections are also available. The items are sold at Disney retail shops, the ‘shopDisney’ online store and all of Disney’s theme parks.

"The Disney Pride Collection was created by LGBTQIA+ employees and allies at The Walt Disney Company and is a reflection of their incredible contributions and place at the heart of the company," Disney wrote in its announcement. "We stand in solidarity with our LGBTQIA+ community everywhere."

The company has produced Pride children’s clothes every year since 2018, but the clothing line was renamed this year from the "Rainbow Disney Collection" to the "Disney Pride Collection."

Disney also said in a statement that the entirety of the proceeds from the collection’s sales up to June 30, the last day of Pride month, will be donated to various LGBTQ+ charity organizations. The company previously only donated a small percentage of the clothing line's profits.

The announcement comes amid Disney's months-long battle with Florida Gov. Ron DeSantis and other Republican state lawmakers over the company's public opposition to the state's Parental Rights in Education legislation that was signed into law in March.

H.B. 1557, dubbed by critics as the "Don't Say Gay" bill even though the law does not mention a ban on the word, prohibits instruction on sexual orientation and gender identity in grades kindergarten through third grade and limits age-inappropriate discussions of sexuality in other grades. The law does not ban casual discussions on sexual orientation and gender identity.

The law also allows parents to access their children's education and health records and requires schools to notify parents of changes to their child's mental, physical or emotional well-being. Schools are exempt from disclosing information about a child to their parents if a "reasonably prudent person" would be concerned that doing so could result in abuse, abandonment or neglect.

Disney condemned the law in a statement in late March, saying it should "never have passed and should never have been signed into law."

"Our goal as a company is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national and state organizations working to achieve that," the company wrote. "We are dedicated to standing up for the rights and safety of LGBTQ+ members of the Disney family, as well as the LGBTQ+ community in Florida and across the country."

But DeSantis responded to the company's opposition by signing a law last month to revoke Disney World's special tax status that had allowed the amusement park to act as its own local government.

I hear Disney is commissioning a book to go along with this line of clothing. Working title is reported to be "The Wrong Hole".

quote:

Originally posted by chellim1:
You have a 1st amendment right to speak. You have a right to vote. But you should do so on your own time. You should not be using resources that belong to the company for anything but the company business.

You are right of course, but I would go one step further. There are certain jobs where you have at least an implied, if not explicit, duty not to embarrass your employer. Military officer, some government positions, including LE (at least in a lot of places), CEO or other person who appears to speak for the company. Generally it may be worded along the lines that of course you are allowed to have your own opinion, beliefs, political leanings, etc, but you must take care that these are understood as your own and in no way reflect the opinions, policies, etc of your employer.