Pressing Issues - Walt Disney Co. Earnings, Cuts to Disney World Park Operating Hours (8/9/2020)
Source: Our analysis of the creator's lived experience, based on what they said in this video.
Creator's Key Takeaways
the parks operating loss was two billion dollars and the adverse impact to the psych park experience and products was three and a half billion dollars
the value proposition definitely has has shrunk has gone down and has decreased uh there's no park hopping there's limited numbers of things to do
it is definitely better for them to have the parks open than closed but it's not where they want to be yet
the business reality is if you don't have the cash flow then you're not going to spend uh expensive money that you don't have
Creator's Tips & Advice
Questions This Creator Answers
YouTube Video Description↓
In this week's episode, our panel analyzes the financial earnings announced by The Walt Disney Company this week, along with other data and news released. We'll also discuss the decision to reduce park hours at the Walt Disney World Resort beginning on September 8th. Join us for Pressing Issues, live every Sunday at 8pm ET, right here on YouTube! Pressing Issues presents an in-depth discussion and analysis of the biggest stories of the week and their impact on Disney parks, guests, and cast members. This video is produced by WDW News Today - the worldwide leader in Disney parks news. Read all our news at www.wdwnt.com