The crisis cost Disney as much as US$1.4bil in lost profit last quarter, the company said, with US$1bil coming from shuttered theme parks alone, and nearly every part of its business taking a hit.
BURBANK: Walt Disney Co investors got a taste of just how bad the coronavirus pandemic will be for the world’s largest entertainment company.
The crisis cost Disney as much as US$1.4bil in lost profit last quarter, the company said, with US$1bil coming from shuttered theme parks alone, and nearly every part of its business taking a hit.
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