Disney revealed its earnings plummeted 63% during the second quarter of 2020 when COVID-19 forced the closures of theme parks, theaters, and other consumer-facing facets of the Disney empire. The company estimates it lost $1.4 billion this quarter, $1 billion from theme parks alone.
Disney revealed its earnings plummeted 63% during the second quarter of 2020 when COVID-19 forced the closures of theme parks, theaters, and other consumer-facing facets of the Disney empire. The company estimates it lost $1.4 billion this quarter, $1 billion from theme parks alone.
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