As all the Disney Parks around the world closed in the past couple of months, it became obvious that the Walt Disney Company was in for a serious financial blow to their bottom line.
Disney California Adventure Main Entrance – Closed due to Coronavirus
The truth is, when it comes to figuring out how much these closures will cost Disney, we can’t calculate an exact dollar amount. In reality, we probably won’t learn about any real numbers until Disney releases their quarterly reports and their subsequent Fiscal Year 2020 Annual Financial Report.
Bob Iger presenting a model of Shanghai Disneyland
In the meantime, however, we can look to previous years’ reports and come to the conclusion that, to no one’s surprise, Disney stands to lose A TON of money by closing the parks.
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