The whole thing is worth a watch, but at about 6:45 of this video, it outlines a rumor that Disney is scared to death that the Justice Department is going to come after them, since many of Disney's employees in China are CCP officers. This affects Disney Hong Kong and Disney Shanghai. If Disney doesn't do what China says, they can take over the resorts. OTOH, if Disney acts as an agent of China, they can be in big trouble in the US. It points out that the NBA is in a similar situation.
This, to me, explains part of why the entertainment industry is going bat-guano crazy to try and get Trump out of office. The Mouse is having huge money problems right now. Everything they do counts on crowds, and it costs a lot to maintain closed parks. Since doing a limited reopening, they've averaged a couple of thousand guests a day. WDW had over 20 million guests in 2018. Most of the current guests are locals, who aren't using resort properties.
There are currently 36 resorts at WDW, including nine Disney Vacation Club properties.
26 of the resort hotels on Disney World property are actually owned and operated by WDW Resort itself
In total, Disney World has over 30,000 hotel rooms, 409 wilderness cabins, 799 campsites, and 3,293 DVC units
They discuss the "red button" option of selling the Chinese properties, but how much of a loss would they have to take to unload properties in China right now?
It was a joy to go to Disneyland until the 80s. That’s when they began the big push to cater to tourists, not locals...and they became open about their support for homosexuality. I would not let my young son work there today.
Maybe POTUS will find a way to confiscate Disney properties and they can be run morally again. Fantasy: Trump Industries buys Disneyland and DisneyWorkd and runs them like their other resorts.