Disney business risks getting frozen

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The risks to Walt Disney’s business are multiplying as the coronavirus crisis worsens. Former CEO Bob Iger has left his successor with serious headaches, writes jennifersaba.

Movie ticket sales in North America hit the lowest levels in over two decades generating roughly $55 million over the past weekend, Variety reported on March 16.

Walt Disney on March 12 announced the closure of its theme parks in Florida, California and Paris beginning March 16 through the end of the month. Disney Cruise Line said on March 14 it will suspend new departures beginning March 14 through April 12. The National Basketball Association, Major League Baseball and the National Hockey League have suspended their sporting events.

 

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jennifersaba I'm not feeling sorry for one of the biggest companies in the world

ReutersBiz jennifersaba When they Closed Tokyo Disney I knew they was in Trouble !

Reuters jennifersaba Time to unfreeze Walt and see what he would do

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