Disney expects coronavirus to deal theme parks US$175m blow


A worker sprays disinfectant outside Walt Disney Co.'s Disneyland Resort in Hong Kong, China, on Monday, Feb. 3, 2020. Photographer: Paul Yeung/Bloomberg

LOS ANGELES: The spread of coronavirus in China could deal a blow to the operations of Disney's theme parks in Hong Kong and Shanghai.

Speaking during a call with investors Tuesday, Walt Disney executives said they expected the virus to result to affect $135 million in second-quarter operating income if its Shanghai Disneyland resort is closed for two months and around $40 million in operating income if Hong Kong Disneyland is closed for the same amount of time. Disney had already said that the Hong Kong facility had been affected by protests in the region.

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