Disney's vast and diverse businesses suffer during Covid-19 crisis
Posted Monday, May 4, 2020 11:54 AM | Contributed by Jeff
After a decade of spectacular growth, the entertainment conglomerate has been devastated by the coronavirus pandemic. Its 14 theme parks (annual attendance: 157 million) delivered record profits in 2019. They’re now padlocked. Its movie studios (there are eight) controlled a staggering 40 percent of the domestic box office last year. Now, they’re sitting at a near standstill.
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