Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

The Mouse Trap 🐁

It is no surprise $Disney (DIS.US)$ has been sent to the swamps of impact since the outbreak of COVID-19. The struggle to balance safety concerns, capacity limits, financial viability and now the political pressure of the State of Florida.
Disney World is not only a theme park, but also a major economic engine for the State of Florida. Before the epidemic, Disney World alone attracted over 100 Million visitors a year generating an estimated $21 Billion in economic activity and supporting more than 75,000 jobs in the region.
Affliction applied by the State of Florida has jeopardized one of the most popular tourist attractions of the world. In the event, Disney were to decide to leave Florida the impact on the States economy would be devastating. Moreover, the ripple effects of Disney's departure would be felt across the world.
There is no current information about any decisions or even discussions of departure out of the State from Disney and it would certainly not be an easy decision to be made. Florida has a diverse and growing economy that offers advantages to businesses and residents such as lower taxes, favorable weather, and cultural diversity. These terms of course are tampered with as the State of Florida most recently revoked Disney's self-governing power.
Despite a significant drop in revenue and potentially leading to other bankruptcies, what would it take for Disney to see a turnaround?
Third-Party arts, logos and marks are registered trademarks of their respective owners.
Third-Party arts, logos and marks are registered trademarks of their respective owners.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
6912 Views
Comment
Sign in to post a comment
    Share holders & Investors; they are visionaries who have a knack for making their dreams of financial freedom a reality.
    41Followers
    23Following
    124Visitors
    Follow