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Disney Takes $1.4 Billion Coronavirus Hit, With Worse to Come

Disney Takes $1.4 Billion Coronavirus Hit, With Worse to Come

Posted By: Editorial Teamon: May 06, 2020In: BUSINESS, NEWSNo Comments

Walt Disney Co. investors got a taste of just how bad the coronavirus pandemic will be for the world’s largest entertainment company. The crisis cost Disney as much as $1.4 billion in lost profit last quarter, the company said Tuesday, with $1 billion coming from shuttered theme parks alone, and nearly every part of its […] Read more

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