I've literally argued about this at least three times today and it's shocking that people (Republicans) excuse this. I give them the argument that it may undeserved privilege. I don't debate that. The reason for taking that "undeserved" privilege is unconstitutional.
The most heard argument I got is that the government is not restricting Disney's speech. Disney is still free to say whatever they want. The government is just taking away this one undeserved privilege. I stuck with few examples of privileges that government gives; 1) a drivers license; 2) a liquor license; 3) a hunting license; 4) a tax credit. All of these things are privileges granted to you by the government. Suppose you drive around the state capital with a "FUCK DESANTIS" sign. You post it on Facebook and it goes viral, and DeSantis says "you've messed with the wrong guy." The next day you find out that the government has suddenly taken away your drivers license. With your drivers license taken away, you can tell say whatever you want, and driving is a privilege. However, the government has taken your privilege of driving from you because it didn't like something you said. That is targeting you because of something you said. That is a violation of your 1st amendment right.
Suppose the state gave you a credit on your property taxes. You signed to put up a large "FUCK DESANTIS" sign on the front lawn of your property. Because of that sign, the government takes away a property tax credit it granted to you. They can take back that property tax credit for many reasons. However, one of the few reasons it cannot take back that credit from you is because of that sign. That would be a violation of your 1st amendment free speech protection.
I've also heard today that Disney has freedom of speech but not freedom from consequences. That freedom of speech guarantees freedom from consequence IMPOSED BY THE GOVERNMENT. The private market can impose consequences for speech but not the government, not for speech.
I'm pretty sure I convinced no one.