Disney cancels multiple projects, shifts focus to streaming and removes shows from platforms.

Disney has cancelled plans to build a new campus in Florida that was expected to bring over 2,000 jobs in digital technology, finance, and product development. The decision was attributed to changing economic and business conditions, including a change in company leadership. The cancellation comes amid an ongoing feud between Disney and Florida Governor Ron DeSantis, but the company did not mention the governor in the announcement. Despite the cancellation, Lake Nona remains a fast-growing community in Orlando with many investment opportunities. Disney still plans to invest almost $17 billion in Walt Disney World over the next 10 years.