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Disney’s earnings dived in the second quarter, including a 58 percent drop in operating incomes tied to its shuttered theme parks and cruise ships, the Mouse House said on Tuesday. The Burbank, Calif. company said that coronavirus pandemic closures, which has also delayed its summer blockbusters, have squeezed its second-quarter earnings to 60 cents a …
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The doors to the Magic Kingdom may not reopen for a year due to strict social distancing measures enforced as the coronavirus pandemic spreads across the country. Disney, which shuttered the Disneyland Resort in Anaheim, Calif. and Walt Disney World Resort in Orlando, Fla. on March 12, will likely be unable to reopen the parks …
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SeaWorld Entertainment’s chief executive has resigned only five months into his job, becoming the third leader of the theme park company to depart in just over two years, according to a company filing released Monday. Sergio Rivera cited his disagreement with the board of directors’ involvement in decision-making at the company, according to a filing …
Disney’s earnings dived in the second quarter, including a 58 percent drop in operating incomes tied to its shuttered theme parks and cruise ships, the Mouse House said on Tuesday. The Burbank, Calif. company said that coronavirus pandemic closures, which has also delayed its summer blockbusters, have squeezed its second-quarter earnings to 60 cents a …
