Disney Parks and Resorts

Disney Losing An Estimated $20 Million A Day With The U.S. Parks Being Shut Down

It has been nearly a week since Disney decided to close both Disneyland and Walt Disney World due to the rapid coronavirus outbreak. The closure is reportedly losing the storied company $20-$30 Million a day.

The closure of the parks and hotels was expected until the end of the month, and then the company would decide to continue the closure or slowly reopen. However, with Disney letting go of all it’s Disney College program cast members on Friday that is a sign to us that the closure may last through April, though that has yet to be confirmed and probably won’t be confirmed until the last week of March.

Read: Disney Suspends College Program; Cast Members Sent Home

Disney parks overseas including Tokyo, Shanghai, Hong Kong, and Paris all remain closed, with Shanghai Disney Resort slowly opening shopping and restaurants. Disney Cruise Lines and Disney Stores all remain closed at this time.

Disney has also taken a hit on the film and tv side as multiple films and series have halted production including The Little Mermaid, Peter Pan and Wendy, Shrunk, Shang-Chi and the Legend of the Ten Rings, The Last Duel, The Falcon and the Winter Solider, WandaVision, Loki, amongst others. Disney has also delayed the release of some big upcoming blockbusters including Mulan, Black Widow, The New Mutants, and Antlers, all have yet to receive new release dates and likely won’t until everything regarding the coronavirus has been figured out.

Source: Variety

About Post Author

In 2013, Skyler Shuler wanted to share his knowledge of Disney films and the magic behind the scenes. So, he created the Instagram account Disney Film Facts and the page quickly garnered a following. Soon after a Twitter was created, and not long after that DisneyFilmFacts.com was born. The page has been lucky enough to garner a wonderful following of such amazing Disney and movie fans, as well as been sourced in some of the biggest entertainment sites in the world. In 2018, the page was rebranded to The DisInsider, and the rest was history!

Leave a Reply