Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

News

Disney Has Been Pummeled By The Pandemic

5bf35a393c7450000b05d653-eight.jpg
LAist relies on your reader support.
Your tax-deductible gift today powers our reporters and keeps us independent. We rely on you, our reader, not paywalls to stay funded because we believe important news and information should be freely accessible to all.

Its theme parks are closed, its cruise ships are empty, and no one is watching its movies.

Wall Street expected Disney’s earnings to be bad. But not this bad.

The coronavirus has cost the Burbank-based entertainment giant $1.4 billion, Disney executives said on an earnings call Tuesday.

HOW BAD IS IT? READ THE FULL STORY:

Support for LAist comes from

Our news is free on LAist. To make sure you get our coverage: Sign up for our daily coronavirus newsletter. To support our non-profit public service journalism: Donate Now.