The Walt Disney Co. stock price has been on a downward trend all year, and on April 20, it sunk to a new 52-week low. Measuring Year-to-Date, DIS is down around 20% or ~$32/share, and over 31% or $58/share since April 20, 2021. Now, this news comes on the heels of weeks of fan outrage sparked by leaked footage of ...
Read More »Tag Archives: Reedy Creek Improvement District
OpEd: Disney World Caught in Florida’s Fight Against Hollywood’s Agenda
On April 19, the news broke that Governor Ron DeSantis would extend the special session of Florida’s state congress to discuss terminating all special districts created before 1968, which most notably includes Disney’s Reedy Creek Improvement District (RCID). This is just the latest update in what is being constructed narratively as an all-out feud between DeSantis’ Republican-majority government and the ...
Read More »Legislators Grow Closer to ‘Terminating’ Disney’s Reedy Creek District
Journalist Ashley Carter has revealed that Walt Disney’s private district is getting closer to the chopping block this week, after Florida’s Governor Ron DeSantis confirmed that state legislators are going to be considering the prospect of terminating that district’s special rights. JUST IN: Gov. Ron DeSantis has announced that during their special session this week state legislators will also consider ...
Read More »Could Disney World Really Go Nuclear? Old Law Says Yes!
The recent fight between Bob Chapek and The Walt Disney Company and Gov. Ron DeSantis and Florida’s State Government has brought an interesting fact about Walt Disney World’s Central Florida Property back into the public eye: The Reedy Creek Improvement District. Earning Walt Disney World Resort the nickname “The Theme Park Vatican City,” the Reedy Creek Improvement District (RCID) was ...
Read More »‘Woke’ Fight Could Cost Disney its Legislative Bubble in Florida
Have you ever wondered how The Walt Disney World Resort maintains such defined seclusion from the outside world? Well, part of that situation is thanks to the creation of what is called the Reedy Creek Improvement District–and it looks like Florida’s Legislature might finally bring it to an end. Florida State Representative Spencer Roach shared on Twitter to share that ...
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