I would say no. I don't understand the point -- Disney goes away and then Warner Bros gets Disney and they all come back to......? The events don't make sense -- studios don't 'stop' because they're getting dissed, certainly not supermassive studios like Disney (which owns basically everything now). American-only isn't racist, it's jingoist. If it WERE racist, the government doesn't have the power to shut it down anyway, nor would they likely see any reason to do so. Further, they don't get to decide what characters get "scrapped." Mickey is so pervasive that he could not possibly BE "scrapped." The government also cannot (and never has) order any subject to 'not even' be 'mentioned.' "What a relief" is a completely unrealistic public reaction to any of these events.

In short, no. Sorry -- kinda brutal analysis but hopefully comes across respectful. If you want to try a story like this, it might be easier to invent a fake studio. Gives you much more control -- if you made up Plastic Spoon Guy the 'popular cartoon character' and wrote a story about the rise and fall of his cartoon, no one could poke holes in that. Plus, I mean..... if you go too far with stuff like this (which you're in ABSOLUTELY NO DANGER OF, whatsoever), like, millions of readers or whatever, it's pretty illegal to use licensed characters or corporations as the basis.

Shorter-in-short: No.