Disney takes $1.4 billion coronavirus hit\, sets date to reopen Shanghai park

Disney takes $1.4 billion coronavirus hit, sets date to reopen Shanghai park

Reuters India Wednesday, 6 May 2020 ()
Walt Disney Co estimated on Tuesday that global measures to contain the coronavirus pandemic cut profits by $1.4 billion, mostly from its shuttered theme parks, but said it would reopen Shanghai Disneyland to a reduced number of visitors next week.
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News video: Disney Loses $1.4 Billion From COVID-19 Closures

Disney Loses $1.4 Billion From COVID-19 Closures 00:30

According to Reuters Walt Disney Co. is taking a big financial hit due to coronavirus. So far, they have lost $1.4 billion dollars, mostly since closing their global theme parks in March. They've also lost out on the film side, with movie theaters going dark, and television and film production...