Pandemic-forced closings of its flagship theme park properties dealt the biggest blow to Walt Disney Co., as the entertainment and media giant reported parks revenue dropped 85% and overall sales declined 42% from a year earlier in its third quarter.
Disney's Theme Parks' $3.5 Billion in Lost Revenue Shows Property Primacy
Division Revenue Down 85% in Third Quarter as Media Giant Posts Rare Quarterly Loss
By Lou Hirsh
CoStar News
August 5, 2020 | 12:43 AM
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