In April of 2022, Florida’s legislature voted to repeal the Reedy Creek Improvement Act. This action has led to plenty of confusion about what has happened and what it means. Photo: ofx.ie I’ve compiled a series of questions you’ve asked on the topic and will try to answer them all. I hope this helps clear … Read more
Okay, we’ve had a couple of weeks to allow the situation to cool down some. Now, analysts can and have performed calmer evaluations of what comes next with the Reedy Creek Improvement District. Photo Credit: https://www.worldofwalt.com Specifically, legal experts have published several beliefs about how Disney could proceed next. How may Disney approach Reedy Creek? … Read more
Disney World has made headlines lately for a number of topics, most recently surrounding the dissolution of the Reedy Creek Improvement District. ©Reedy Creek If you’re not familiar with it, the Reedy Creek Improvement District (“RCID”) is a special district under which Disney World has operated for over 50 years. The district essentially allows Disney … Read more
Things at Disney World could be CHANGING in a big way. The Walt Disney World main gate A bill that will dissolve the Reedy Creek Improvement District (“RCID”) has passed the Florida Senate and House of Representatives, and has been signed by the Florida Governor. The RCID is a special district that has allowed Disney … Read more
Over just the last few months, the situation with Disney World’s Reedy Creek Improvement District (RCID) has changed greatly. The Walt Disney World main gate The RCID is a special district under which Disney World has operated since its creation in 1967. The RCID essentially allows Disney World to act as its own county and … Read more
At the close of the week, Disney stocks continued their decline on Friday opening at $120.04 per share down a dollar from Thursday’s close at $121.66. Walt Disney Company stock has plummeted 31% over the last year according to a recent piece in the Daily Mail. Photo Credit: https://www.worldofwalt.com/disney-private-government-disneys-reedy-creek-improvement-district.html For those following Disney financials, you’ll … Read more
A proposal that aims to strip Disney World of its self-governing powers was passed in the Florida House with less than 60 seconds of discussion Thursday, after some Florida lawmakers disrupted proceedings on the House floor and staged a sit-in. The House called an informal recess after the disruption began, when Rep. Yvonne Hayes Hinson … Read more
Okay, The Walt Disney Company has made the news again, as it continues to struggle with negative headlines during the Bob Chapek era. Previous CEO Bob Iger and his strategist, Zenia Mucha, mastered the art of the news cycle. Image Credit: Morse/Disney Parks, Experiences and Products Chapek has proven either amateurish or inexperienced, depending on … Read more
There has been a lot of news coverage surrounding Florida’s Parental Rights in Education Bill (what critics are calling the “Don’t Say Gay” Bill) and The Walt Disney Company’s response. DisneySprings We’ve been sharing updates on the response from Disney’s CEO, criticisms of Disney’s response, and reactions from current Disney employees, former Disney executives, and … Read more