Walt Disney Co. is reversing course on a nearly $900 million corporate campus and shutting down a costly new hotel amid growing tensions with Florida Governor Ron DeSantis. The campus would have relocated more than 2,000 employees around 20 miles outside of the Walt Disney World Resort to a town in Orlando called Lake Nona.

WSJ’s Jacob Passy explains the reasons behind Disney’s decisions and the economic benefits lost as a result.

0:00 Disney is reversing course on two of its major investments
0:26 What was the plan?
1:43 Disney’s reasons for scrapping the plan
3:05 Economic impacts

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