With every passing day of coronavirus uncertainty and social upheaval, Disney finds itself scrambling not only for revenue but for relevance. And maybe a lot longer.”ADADSimilar comments were made by nine entertainment industry experts interviewed by The Washington Post, from Hollywood managers to Wall Street analysts. Disney will see international revenue this summer as Asian parks are open at limited capacity and its Paris venue is set to open later this month. The Hollywood manager noted that, at the very least, Disney should go on a buying spree of existing shows and content to feed Disney Plus. Equally critical, some experts say, Disney must contend with a social climate very different from just several months ago.
Source: Washington Post July 04, 2020 11:03 UTC