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NewsWatch: Disney earnings plummet more than 90% as coronavirus wipes out more than $1 billion
Walt Disney Co. profit dove more than 90% in the second quarter, an example of the drastic effects on the company from the COVID-19 pandemic, which executives said cost the media giant more than $1 billion in sales just in its theme-parks division......»»
: Walt Disney World stops requiring visitors to wear face masks outdoors
Other theme parks, including Universal Orlando Resort, have also instituted changes to their COVID-19 policies regarding face masks......»»
: Walt Disney World and Universal Studios Orlando are relaxing these COVID safety protocols — will others follow suit?
State lawmakers in Florida are set to remove local COVID-19 mandates, but theme parks are still imposing their own restrictions......»»
The Ratings Game: Disney stock falls after analyst warns of ‘incredibly harmful’ fallout from COVID-19
Walt Disney Co. may be feeling the “incredibly harmful†impacts of COVID-19 for longer than many people expect, according to one analyst......»»
Disney touts "giving spirit" as 100,000 workers go unpaid
Walt Disney Co. said this week that it would stop paying some workers, saving $500,000 per month after the coronavirus pandemic shut down its parks......»»
The Ratings Game: Disney buybacks may be on pause until 2023, Citi says
The COVID-19 outbreak may mean a much longer pause for Walt Disney Co.’s buyback program even after the company is able to get its parks, film business, and media stations back up and running, according to an analyst......»»
Disney Analyst Downgrades Stock, Projects Parks Won"t Reopen Until 2021
Walt Disney Co (NYSE: DIS) shares traded lower on Monday after one analyst said COVID-19 headwinds are simply too strong t.....»»
Disney World To Furlough 43,000 Union Workers Due To Coronavirus Pandemic
The Walt Disney Company's (NYSE: DIS) subsidiary Walt Disney World Resort is set to furlough 43,000 union workers starting April 19 due to the novel coronavirus (COVID-19) pandemic, CNBC read more.....»»
Disney Lays Off Non-Union Theme Park Workers, Maintains Health Care Benefits
Walt Disney Co’s (NYSE: DIS) non-union theme park workers will be furloughed and there is no indication as to when the parks will reopen. read more.....»»
Star Wars: Galaxy"s Edge is strong force for Disney"s theme parks
The Walt Disney Co.'s theme parks are a strong division for the media giant, thanks to many additions such as Star Wars: Galaxy's Edge. The Burbank, California-based entertainment giant (NYSE: DIS) — which owns and operates several theme parks, i.....»»
Disney World theme parks are becoming remote working hotspots
Writers, techies, and social media workers are just some of.....»»
AT&T, Discovery agree to merger of CNN, other media assets
AT&T Inc. has agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant behemoth to compete with Walt Disney Co.'s Disney+ and Netflix......»»
Earnings Results: Disney earnings blow away estimates as theme parks return, but streaming slowdown sends stock lower
The Walt Disney Co. blew away earnings expectations with a Thursday report, but shares still fell in late trading as the pandemic-fueled growth of its streaming services slowed down......»»
: Disneyland reopens this month: Be ready for fewer rides, no meet-and-greets — and shorter lines
The Disneyland and Disney California Adventure theme parks are set to reopen this month after being closed for a year because of the COVID-19 pandemic......»»
: Disneyland reopens this month: Expect fewer rides, no meet-and-greets — and shorter lines
The Disneyland and Disney California Adventure theme parks are set to reopen this month after being closed for a year because of the COVID-19 pandemic......»»
A Bullish Disney Analyst On What COVID-19 Vaccines Mean For The House Of Mouse
Walt Disney Co (NYSE: DIS) is poised to benefit from continued strong growth in direct-to-consumer streaming and a recovery in travel due to the rollout of COVID-19 vaccines, according t.....»»
Disney climbs to record highs as California sets date to reopen theme parks
Walt Disney shares climbed to their highest price on record after California set guidelines for the reopening of theme parks in April. .....»»
Hotel workers allege luxury Santa Monica hotel violates COVID-19 safety rules
Housekeeping workers at the JW Marriott Santa Monica Le Merigot filed a complaint on Thursday with the California Division of Occupational Safety and Health, the latest allegation of COVID-19 safety violations in a Los Angeles .....»»
Disney Veteran Joins Virgin Galactic To Design Space Travel Experiences
Joe Rohde, who has more than 40 years of experience transforming Walt Disney’s rides and parks, has signed with Virgin Galactic as a strategic advisor to compose the experiences of future space tourists. read more.....»»
A far-flung workforce is the post-Covid new normal
In less than a year, Covid-19 changed nearly everything across the globe. And one of its major impacts was the definition of workplace. In March, the coronavirus pandemic sent U.S. employers scrambling to keep their businesses afloat and their workers saf.....»»