The much-anticipated Q3 FY20 earnings call for The Walt Disney Company was remarkable as the public was finally able to see the financial hit Disney has taken due to COVID-19 and the subsequent entertainment industry shutdown. We had some insight on how bad this quarter could be for Disney when Universal reported a 94% loss in revenue last week, and that’s taking into account that Universal Orlando Resort reopened weeks before Walt Disney World Resort did. The Walt Disney Company […]

The post BREAKING: Parks, Experiences and Products Loses $2 Billion in Third Quarter, The Walt Disney Company Reports Historic Losses in Revenue Due to COVID-19 Pandemic appeared first on WDW News Today.