Nothing Disney has done in reaction to the government moves has been for show. I would even say, Disney has specifically avoided doing anything remotely related to just PR. They were super quiet when we were all wondering how they would respond. Each Disney step has been purposeful and with direct impact. Even if smaller than many would predict, specifically because they are not doing show.
The Government passed through just for show and into actual impact long ago. Each passed bill is direct impact and no longer just show. Each board action is direct impact and no longer show.
We could imagine that talk about controlling Disney content is still just show, since they haven't taken any action to exert that control yet. But, that feels very superficial. All the actions they have taken indicate that they're trying to achieve the leverage for this exact action.