In January, the entertainment giant purchased a controlling stake in Walt Disney Imagineering, the company’s design studio, and two others.

That included the two locations at Disney’s Hollywood Studios and Walt Disney Studios Florida, which it acquired in 2019.

The company also bought out the property from the original owners and reopened them under the brand name Walt Disney Parks and Resorts.

In a statement to Politico, a Disney spokesperson said that the company is a “world-class family entertainment company that is driven by the creative vision of our employees, our artists and our communities, and that our acquisition of Nickelodeons Entertainment brands and brands in 2019 was not driven by a lack of talent or interest in owning the company.

We will continue to serve our guests, fans and partners with the best possible experiences for years to come.”