Corona hits Walt Disney with $1.4 billion profit cuts, Shanghai amusement park to reopen on May11
May 06, 2020
New York [USA], May 6 : Walt Disney estimated on Tuesday that global measures to contain the coronavirus pandemic has cut down the company's profits by USD1.4 billion, mostly from its shuttered theme parks, with more to come as executives detailed how the economic fallout would affect every part of its business for the foreseeable future.