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News Reedy Creek Improvement District and the Central Florida Tourism Oversight District
- Thread starter castlecake2.0
- Start date
BrianLo
Well-Known Member
It's an about face to onboard his constituents to how dramatic the language needed to change. Stopping making the golden goose itself the boogeyman and just make the dissociated Californian executives the problem. Something to be uncontrolled and ignored. Soon that will melt away and it will all just be about how great WDW is for the state and how great their relationship is.
I think if they hadn't come to a mutual understanding his tone wouldn't be so conciliatory. If they just dropped this last second due to the proxy fight, I think there would be way more gloating.
I don't really support that this is related to the proxy fight directly, it's a bit too last second in the voting process and really Peltz or Wall Street haven't seemingly cared much about this issue. It also feels like this has been in the works for a number of months with how quiet things have been recently from either party.
Perhaps, I get being worried about the worst case scenario. But the language is such a dramatic change today that I think both parties seem to want to work collaboratively. Disney's biggest protection in this whole manner is that hurting WDW hurts Florida. Not that this stopped it from happening, the whole thing was a bit idiotic and not thought through to begin with on the part of the governor.
flynnibus
Premium Member
Not so. It's purpose is to have a contract between the established authority and the other party... including limits, or other special provisions that apply to that development. It doesn't exclude change that both parties want.. as they can simply undo and create a new agreement as well.
It prevents unexpected or one sided change.
lazyboy97o
Well-Known Member
Why would the tone not change if Disney is now kissing the ring?
Why could they not work collaboratively on an amended agreement?
Sirwalterraleigh
Premium Member
I like the idea of getting Margot Robbie to do…pretty much anything she wants…so how do we lock this down?
Chi84
Premium Member
There are a lot of “ifs” there that I wouldn’t expect to happen given a settlement agreement. What you’re saying goes contra to the entire purpose of a settlement.
Sirwalterraleigh
Premium Member
He doesn’t trust the “government” side of this…and it’s a valid concern
Does anybody here truly believe that DeSantis and the rest of the Legislature are "anti-WDW"?
Did anybody ever believe that DeSantis hates WDW as a large tourist destination, taxpayer and large Florida employer?
No,...he always valued the positive "potential" of WDW to the economy of the state. I'm sure he values Universal now just as much! This whole "fight" was always just a temporary spat! WDW needs Florida! WDW on it's own is literally almost 1/3 of ALL the company's profit. Yes WDW is THAT important to the entire company. Yes,...WDW is extremely important to Florida too! That was never a financial question or doubt by anybody.
WDW will ALWAYS get what it want's from the State of Florida and CFTOD too! YES!...If Disney wan'ts to build a new fifth gate?...CFTOD will absolutely assist them!!! Why? Because when WDW builds hotels stores and attractions,...Florida benefits. DeSantis and the legislature benefit! Florida benefits!
So,...CFTOD will watch over Disney's shoulder every day but they WANT Disney to make money so that EVERYbody wins.
It's time to drop all the CFTOD fear. WDW will be fine for the future!
Did anybody ever believe that DeSantis hates WDW as a large tourist destination, taxpayer and large Florida employer?
No,...he always valued the positive "potential" of WDW to the economy of the state. I'm sure he values Universal now just as much! This whole "fight" was always just a temporary spat! WDW needs Florida! WDW on it's own is literally almost 1/3 of ALL the company's profit. Yes WDW is THAT important to the entire company. Yes,...WDW is extremely important to Florida too! That was never a financial question or doubt by anybody.
WDW will ALWAYS get what it want's from the State of Florida and CFTOD too! YES!...If Disney wan'ts to build a new fifth gate?...CFTOD will absolutely assist them!!! Why? Because when WDW builds hotels stores and attractions,...Florida benefits. DeSantis and the legislature benefit! Florida benefits!
So,...CFTOD will watch over Disney's shoulder every day but they WANT Disney to make money so that EVERYbody wins.
It's time to drop all the CFTOD fear. WDW will be fine for the future!
GoneViral
Well-Known Member
I think WBD can sell/merge on either April 8th or the last day of April. I'll switch my votes to Peltz if he can make that happen! (No, I won't.)
Sorry, but I have to gloat. Go back about 800 pages and I stated The State of Florida always had the right to take over the District. My quote was "that ship has sailed" as far as Disney ever getting it back. The bigger thing here is I stated it is in both the State and Disney best interest to work together. Disney is at it's heart a corporation that wants to make money, and WDW is the biggest moneymaker for Disney. The State's best interest is to have a healthy WDW as it is the biggest employer in the State and is one of the highest tax payers in the State (if not The highest tax payer). I am just happy that cooler heads prevailed to stop these law suits. My Opinion is the new agreements will be satisfactory to both parties as again it is in both parties best interest. As someone who has visited WDW at least 2 times a year for the last 25 years, I look forward to clearing the decks for some exciting new developements thru out the property.
Chi84
Premium Member
The other thing didn’t work for him.
James Alucobond
Well-Known Member
This isn’t even a conservative issue. Yes, the inciting incident was about conservative legislation, but what actually happened should be deeply concerning to both parties because it can be abused by either side of the aisle.
Chi84
Premium Member
Because of the settlement agreement, we’ll never know whether the State of Florida had the “right” to do what it did under the circumstances that occurred. That issue will not be litigated unless Disney revives the federal suit.
No one is disputing that.
lazyboy97o
Well-Known Member
That’s exactly what makes this odd. The settlement doesn’t actually settle the areas of concern. In fact it does the opposite and now opens them up.
If a company and a union were engaged in a collective bargaining contract dispute, would you not find it odd of the union if they announced that they’ve agreed to just let the previous contract expire, will be giving up recently won benefits and will negotiate a new contract in the future? Under what circumstances would you advise someone to completely drop an existing contract in favor of a potential future contract? Even in a truly honest situation where both parties are acting in good faith that seems unwise.
BrianLo
Well-Known Member
I'm maybe missing what other reason you have for Disney to be suddenly kissing the ring?
The governor needed his ring kissed first.
Sirwalterraleigh
Premium Member
It was a stunt for publicity…and what does that get you? Donations.
It’s pretty academic?
Does he hate it? No…he’s a pol…it’s about strategic protestation…
The Federal law suit was a loser. The precedent the judge used came from the 11th circuit court--yes the judge and case is in the 11th circuit. Rhetorical question, what are the odds the 11th circuit was going to overturn their own precedent?
Stripes
Premium Member
Disney has a very strong argument for why that precedent does not apply to this situation. The judge that dismissed the case was never going to rule in Disney‘s favor. But he’s been overturned before. And I predict that if CFTOD doesn’t give Disney everything they want then Judge Winsor will be overturned again.
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Chi84
Premium Member
Are you being serious?