since March and its Asia parks closed since February, though it began phased reopening of some locations there in March. The segment accounted for 37% of Disney's $69.6 billion total revenue last year.
Currently, analysts are split on when theme parks will reopen. Some foresee June 1 as the right date to reopen, while others don't foresee park doors opening until 2021. Rival Universal Studios is using May 31 as a placeholder date for a possible opening. Regardless of when Disney parks reopen, analysts are predicting a three-year period before they are back to 2019's profitability, as the need for social distancing, travel restrictions and new health precautions will remain until there is a widely available vaccine., including a 50% pay cut for Chapek. Iger is forgoing his salary, according to an internal memo previously obtained by CNBC. In June, Disney's board will decide if it will pay its usual summer dividend.
There may be better news for Disney's streaming business as people spend more time inside looking for TV shows and movies to watch. Netflix saw aLast quarter, Disney reported 26.5 million subscribers for Disney+ by late December, with about 20% joining through a free trial with
Disney the pedophile ring!
Good! The 800 Godzilla dollaz from cartoons n shit wasn't enuff so they raised their prices. Fck em.
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