DeSantis Reveals the Truth About Disney’s Orlando Project

Disney’s decision to nix plans for a massive office complex in Orlando has been set straight by Governor Ron DeSantis’ office, which noted that “nothing ever came of it” despite the project’s announcement years ago. It turns out that the project was first announced in 2021, but considerable changes have taken place since then, including new leadership and changing business conditions. Josh D’Amaro, Disney’s theme park and consumer products chairman, sent an email to employees on Thursday informing them of the decision to not move forward with the project.

The New York Times, however, decided to take a more partisan view of the story, emphasizing Disney’s sour relationship with Governor DeSantis and citing two unnamed sources who claimed that the feud “figured prominently into Disney’s decision to cancel the project.” How convenient for the liberal media to try and paint conservative Republicans in a negative light, even when there is absolutely no evidence to support their claims.

Governor DeSantis’ deputy press secretary, Jeremy Redern, pointed out that nothing ever moved forward on the project after it was announced. Given the company’s financial difficulties, falling market cap, and declining stock price, it is unsurprising that they would restructure their business operations and cancel unsuccessful ventures. Disney is also in the midst of cutting $5.5 billion in costs as it seeks to improve profitability, pay down debt, and restore its dividend.

Disney’s failed project, which was estimated to cost $1.3 billion, would have relocated 2,000 jobs from Southern California to Orlando. But as it turns out, the project was championed by former CEO Bob Chapek, who was fired last year, while current CEO Bob Iger was less enthusiastic about it from the start. Iger has been systematically reversing Chapek’s decisions and shutting down his projects since returning to the company, including a 50-person metaverse project that Chapek had started.

Leave it to the liberal media to try and spin a story to make it seem like conservatives are the bad guys. But the truth is that Disney’s decision had nothing to do with Governor DeSantis, and everything to do with their own mismanagement and poor financial decisions.

Written by Staff Reports

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