Breakingviews - Disney business risks getting frozen

Sculptor Artem Samoylov of Russia carves a sculpture based on Disney's movie"Frozen" at the Snow and Ice Sculpture Festival in Bruges November 20, 2013. REUTERS/Francois Lenoir

Global social distancing is causing chaos. The $171 billion Disney late last week slammed the doors shut on its amusement parks in California, Florida and Paris and suspended its cruises after making similar moves with its resorts in Shanghai and Hong Kong. Also, the cancellation of major American sports including the National Basketball Association, National Hockey League and the college-level basketball tournament known as March Madness presents challenges to Disney’s lucrative cable sports network ESPN.

That’s cold!

Let it go, Disney

They’ve treated their staff like shit for years

This is some BS, this is how it starts, using a thing that begins as a legitimate action, and then gets kept on under flimsy pretenses.

Oof. 👏🏽

Like “do you want to build a snowman” Frozen? Or what?

No more cultural marxism movies, what a pity..

Worst pun ever

Really ? I can remember when you were a proper news source. Have an unfollow

So what. It’s responsible for them to keep closed!! Everyone should stay home!

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Disney business risks getting frozenMore than half the $171 bln entertainment giant's sales come from divisions encompassing theme parks and movie theaters, both empty thanks to the coronavirus. Canceled sporting events are also trouble for ESPN. Former CEO Bob Iger has left his successor with serious headaches. Reuters jennifersaba Time to unfreeze Walt and see what he would do ReutersBiz jennifersaba When they Closed Tokyo Disney I knew they was in Trouble ! jennifersaba I'm not feeling sorry for one of the biggest companies in the world
Fonte: Breakingviews - 🏆 470. / 51 Consulte Mais informação »