6 hours ago by yahoo.com
Walt Disney World, Universal Studios and other popular tourist destinations across Florida are open read more...
“We remain in close contact with related government agencies about the situation," Tokyo Disney Resort said in a statement.
Wall Street's worst week since the 2008 financial crisis didn't let up on Friday, with fears over coronavirus rocking a number of entertainment and tech giants, including Disney and Apple, and spooking investors in the process. The pain was felt across the board, with the three major indexes — the S&P 500, Dow and Nasdaq — all dropping at least 12% this week. On Friday, the S&P dipped 0.8% and the Dow fell 1.4%, while the Nasdaq made a late...
The coronavirus is disrupting Disney (DIS) and its upcoming slate of blockbusters. The media giant spent a reported $200 million on its live-action remake of “Mulan” — the priciest live-action film for the company. “China can represent a huge percentage of a film’s international and global box office revenue, so this is going to have an impact on any movie that was slated,” Comscore senior media analyst Paul Dergarabedian told Yahoo Finance....
Disney has been forced to scrap plans for a glitzy European press launch for Disney+ in London this week after the event became one of the latest industry gatherings to be hit by coronavirus fears. Disney was hosting the party at the Exhibition London event space on March 5 to “celebrate the European
The coronavirus outbreak has wrought havoc on Disney’s bottom line, particularly in China. The Magic Kingdom is estimated to be losing a combined $280 million per quarter due to the closures of its Shanghai and Hong Kong theme parks. Now, its live-action Mulan remake may be pulled from the Middle Kingdom as the country’s 70,000 movie theaters largely remain closed. While a delay of its Chinese premiere date (March 27) was expected, The...
The streaming service is still slated to debut in several European markets on March 24, even without the glitzy press showcase.
The coronavirus outbreak has been spreading to additional countries aggressively, with Iran, Italy, and South Korea becoming the biggest COVID-19 hot zones aside from China. The virus is far from being contained and authorities expect more people to be infected in the weeks and months to come. As a result, a variety of big events have been canceled over the past few weeks, including prominent ones like the Mobile World Congress and the Geneva...
As fears of the spreading disease grow, Disney shuts down the public event.
Despite the growing concern about the coronavirus, the global business for Disney/Pixar's elf fantasy feature Onward should turn out to be solid. To date, there aren't any theaters closed in the U.S. nor do sources expect any in the near future -- and certainly not in a grave way like in China