The effects of the Coronavirus continue to hit the Walt Disney Company hard, as the company has just announced measures to protect its cast members, which include asking all of its domestic employees from across its different businesses to work from home if possible, which include Disney Studios, Disney Television, ESPN, and the direct-to-consumer division, which includes Hulu and Disney+.
Closing of Disneyland, Walt Disney World and Disneyland Resort, in addition to Shanghai Disney Resort, Hong Kong Disneyland and Tokyo Disneyland which have already been closed. Plus Disney has cancelled all of the Disney Cruise Line sailings.
Just earlier today, three movies include “Mulan” and “The New Mutants” were delayed.
The Coronavirus continues to cause major issues for Disney, however Disney+ and Hulu should see an upswing in viewership and subscriptions, since more people will be home. However with delays to shooting new shows and movies, will ultimately impact the stream of new content later down the road.
More news developing….
Roger has been a Disney fan since he was a kid and this interest has grown over the years. He has visited Disney Parks around the globe and has a vast collection of Disney movies and collectibles. He is the owner of What's On Disney Plus & DisKingdom.