In Feist, the Supreme Court actually ruled that information contained in the copied phone directory was not copyrightable and that therefore no infringement existed. That means there was found to be no infringement, even despite the presence of fake "creative" entries that were copied.
The Supreme Court is in the position of being the authoritative interpreter of the law of the United States. Disney does not enjoy that same distinction.
Disney would not have been going to court over the copying of the "mere facts", they would have been focussed on the "creatively inserted characters".
The decision seems thus to amount to "a few cartoon characters inserted into a display of a real state of affairs in the real world do not give one ownership / copyright over the backdrop real state of affairs against which your characters have been cast".
Doing the case the other way around, I expect Disney might well be found to have ownership / copyright of their characters and that merely casting them against a backdrop of actual state of affairs in the real world would not make it okay for someone to thus cast them.
e,g. Take public domain newsreels and insert Disney characters among them...
-MarkM-