I disagree, there is no problem with them removing it from their services. They have apologized for it several times and think it doesn't represent their current values. There is absolutely nothing wrong with that.
I have many photos of myself and my family in my home hanging on the walls. The argument you're making is that I should include pictures of myself drunk as hell at a bachelor party or I'm whitewashing my past. That's not true, it's just that behavior is not reflective of who I am currently, and that's the same thing Disney is doing here.
I am not sure an individual choosing not to focus on youthful indecisions is quite the same as a megacorporation removing from circulation the evidence of its past sins when those past sins, in many cases, had quite a bit to do with the megacorporation gaining the power, influence, and wealth that it currently enjoys.