The song? No.
The animation? There is room for argument.
And yet, we are finding out that what is being taken to task is not
the animation
(created by Disney's own
in-house team)
but
the song
(written by an
outside team hired by Disney, and thus not part of Disney's own personnel).
Another case of political correctness taken to an extreme -- and perhaps an excuse, as well, to create a new composition, allowing in turn for all the benefits, financial and otherwise, that such a creation has the potential to generate.
Ivan