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As others have mentioned, this post doesn't really grapple with the labor market dimension of this and the fact that many employees will want to pressure management to adopt more left leaning stances.

To that I would add, for media companies especially there is an additional pressure presented by superstar talent who the company needs to hold on to quite a bit.

For example, Lin Manuel Miranda is a huge talent get for Disney, working on some of their most successful recent films (Moana and Encanto) and absolutely is rich and famous enough that he can drop Disney if they offend his sensibilities.

If Disney buckles to DeSantis in a public way, they could easily see Miranda jump ship over to DreamWorks. And he personally probably produces profit for them north of 100 million. And that's just one star of many.

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