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The winners and losers among 11 Disney businesses, as analysts slash the projected value of the media giant's parks and raise expectations for Disney Plus (DIS)

Wells Fargo analysts are valuing Disney's businesses at 26% less than they were before the coronavirus outbreak, according to a new report. The firm, which had been bullish on Disney's streaming efforts, said in an April 7 report that it didn't anticipate the "severe downturn" for Disney's parks business that was caused by the coronavirus outbreak. Wells Fargo now expects Disney's parks to remain empty for the rest of the company's fiscal year, which ends in September, and be filled to half ca...
Tags: Asia, Europe, UK, China, India, Disney, US, Trends, Fox, Netflix, Comcast, Roku, Iger, Espn, Disneyland, Walt Disney World


Analysts detail how the value of 11 Disney businesses are changing, as Disney Plus hits 50 million subscribers while parks remain closed indefinitely (DIS)

Wells Fargo analysts are valuing Disney's businesses at 26% less than they were before the coronavirus outbreak, according to a new report. The firm, which had been bullish on Disney's streaming efforts, said in an April 7 report that it didn't anticipate the "severe downturn" for Disney's parks business that was caused by the coronavirus outbreak. Wells Fargo now expects Disney's parks to remain empty for the rest of the company's fiscal year, which ends in September, and be filled to half ca...
Tags: Asia, Europe, UK, China, India, Disney, US, Trends, Fox, Netflix, Comcast, Roku, Iger, Espn, Ken Burns, Disneyland


How 11 of Disney's businesses have lost or gained value because the coronavirus pandemic, according to Wells Fargo analysts (DIS)

Wells Fargo analysts are valuing Disney's businesses at 26% less than they were before the coronavirus outbreak, according to a new report. The firm, which had been bullish on Disney's streaming efforts, said in an April 7 report that it didn't anticipate the "severe downturn" for Disney's parks business that was caused by the coronavirus outbreak. Wells Fargo now expects Disney's parks to remain empty for the rest of the company's fiscal year, which ends in September, and be filled to half ca...
Tags: Asia, Europe, China, India, Disney, US, Trends, Fox, Netflix, Comcast, Roku, Iger, Espn, Ken Burns, Disneyland, Walt Disney World


Here's a full breakdown of the value of each of Disney's businesses before and after the coronavirus, according to Wells Fargo analysts (DIS)

Wells Fargo analysts are valuing Disney's businesses at 26% less than they were before the coronavirus outbreak, according to a new report. The firm, which had been bullish on Disney's streaming efforts, said in an April 7 report that it didn't anticipate the "severe downturn" for Disney's parks business that was caused by the coronavirus outbreak. Wells Fargo now expects Disney's parks to remain empty for the rest of the company's fiscal year, which ends in September, and be filled to half ca...
Tags: Asia, Europe, China, India, Disney, US, Trends, Fox, Netflix, Comcast, Roku, Iger, Espn, Ken Burns, Disneyland, Walt Disney World


A full breakdown of the value of each of Disney's businesses before and after the coronavirus, according to Wells Fargo analysts (DIS)

Wells Fargo analysts are valuing Disney's businesses at 26% less than they were before the coronavirus outbreak, according to a new report. The firm, which had been bullish on Disney's streaming efforts, said in an April 7 report that it didn't anticipate the "severe downturn" for Disney's parks business that was caused by the coronavirus outbreak. Wells Fargo is now expecting Disney's parks to remain empty for the rest of the company's fiscal year, ending in September, and be filled to half c...
Tags: Asia, Europe, China, India, Disney, US, Trends, Fox, Netflix, Comcast, Roku, Iger, Espn, Disneyland, Walt Disney World, Hulu


Many people say they're willing to try free streaming-TV services but newcomers like Pluto TV still have work to do to get their attention

People are filling their stay-at-home days with more TV.  61% of people in a March survey by Kagan, the media research arm of S&P Global Market Intelligence, said they were watching more video as a direct result of the coronavirus outbreak. Free ad-supported streaming services like Pluto TV and Xumo have been fast-tracking channel launches and promoting more news and educational to attract those audiences, as Business Insider previously reported. Yet, the Kagan survey suggested streaming-TV se...
Tags: Asia, Europe, Youtube, Disney, US, Trends, Fox, Netflix, Comcast, Ken Burns, Disneyland, Vizio, Pluto TV, Business Insider, Amc Networks, Disney World


40 advertising execs who manage $90 billion in spending describe how they're shifting their 2020 budgets in a new report. Here are 4 key takeaways for the TV industry.

Analysts at the Wall Street research firm UBS surveyed 40 ad executives about how they're shifting the more than $90 billion they collectively manage in ad spending, in light of the coronavirus pandemic.  We break down the four key takeaways for the TV industry from UBS' 37-page report that was published on April 6. Most advertisers say the pandemic has already impacted ad spending, and the majority expect to shrink their budgets for the rest of the year because of it.  While TV advertising is...
Tags: Asia, Europe, Wall Street, China, Disney, Digital, US, Trends, Fox, Netflix, Comcast, Ubs, Roku, Espn, Ken Burns, Disneyland


Disney World, Disneyland halt annual passholder payments during coronavirus closures

Disney World and Disneyland annual passholders will not be charged while the parks are closed due to COVID-19. Payments made from March 14-April 4 will be refunded.         [Author: Florida Today]
Tags: Florida, News, Disneyland, Disney World, Florida Today, Disney World Disneyland


Disney Parks Halts Annual Passholder Payments, Offers Partial Refunds

With Walt Disney World and Disneyland indefinitely closed to help curb the spread of the coronavirus (COVID-19) pandemic, Disney Parks Annual Passholders were left with the question of what would happen to their monthly payments. And now with the Walt Disney Company taking serious measures to combat the effects of the coronavirus crisis in the longterm, with its recent furlough of staffers, Disney Parks has finally given the answer by halting Disney Parks Annual Passholder payments for Walt Dis...
Tags: Florida, Movies, California, Disney, Walt Disney Company, Theme Parks, Disneyland, Walt Disney World, Disney World, Disney Parks, Disney/Pixar, WDW News Today, Coronavirus, Disney Parks Annual, Disney Parks Annual Passholder, Disneyland When Walt Disney World


See Disney employees raise American flag in empty park

Despite the park being empty, Disney World employees are still raising the American flag each day.
Tags: News, Disney, Stories, Disney World


Disney furloughs to start April 19 amid coronavirus pandemic; droves of workers affected

With Disneyland and Disney World closed "until further notice" amid the coronavirus, the Walt Disney Co. is furloughing workers starting April 19.         [Author: USA TODAY]
Tags: Usa, News, Disney, Disneyland, Usa Today, Disney World, Walt Disney Co


Take a Virtual Trip to Disney World

If, a few weeks ago, you’d told your kids that you were all going to TAKE A TRIP TO DISNEY WORLD and then added the caveat, “from the comfort of our own home,” chances are there would have been a mutiny. But, as we all know, things have changed. Standards have been lowered. Now, riding Splash Mountain from the living…Read more...
Tags: Travel, Entertainment, Disney, Lifehacks, Disney World


A Roku exec explains a new initiative the company is rolling out to answer the 2 biggest questions it's getting from advertisers (ROKU)

People's daily routines are changing rapidly as they stay home to help slow the spread of the novel coronavirus. Roku is trying to help marketers that are still advertising figure out where they fit into viewers' new routines. Dan Robbins, a Roku exec, said advertisers were asking how they could connect their brands to the change in consumer behaviors and quickly adapt their existing creative for this moment. Roku launched a "Home Together" initiative last week that includes a few new offerin...
Tags: Asia, Europe, China, Disney, US, Trends, Fox, Netflix, Comcast, Showtime, Roku, Ken Burns, Disneyland, Pluto TV, Robbins, Amc Networks


A Roku exec reveals the 2 biggest questions he's getting from advertisers and the actions the company is taking in response (ROKU)

People's daily routines are changing rapidly as they stay home to help slow the spread of the novel coronavirus. Roku is trying to help marketers that are still advertising figure out where they fit into viewers' new routines. Dan Robbins, a Roku exec, said advertisers were asking how they could connect their brands to the change in consumer behaviors and quickly adapt their existing creative for this moment. Roku launched a "Home Together" initiative last week that includes a few new offerin...
Tags: Asia, Europe, China, Disney, US, Trends, Fox, Netflix, Comcast, Showtime, Roku, Ken Burns, Disneyland, Pluto TV, Robbins, Amc Networks


A Roku exec reveals the 2 biggest questions he's getting from advertisers and the steps the company is taking to address them (ROKU)

People's daily routines are changing rapidly as they stay home to help slow the spread of the novel coronavirus. Roku is trying to help marketers that are still advertising figure out where they fit into viewers' new routines. Roku exec Dan Robbins said advertisers are asking how they can connect their brands to the current change in consumer behaviors, and how they can quickly adapt their existing creative for this moment. Roku launched a "Home Together" initiative last week that includes a ...
Tags: Asia, Europe, China, Disney, US, Trends, Fox, Netflix, Comcast, Showtime, Roku, Ken Burns, Disneyland, Pluto TV, Robbins, Amc Networks


The hard, but honest, truth about Disneyland’s closure

At least Disney was honest with us. Theme parks and other attractions all over the country are pushing back their reopening dates as it becomes apparent that COVID-19 won’t blow over quickly. But rather than commit to a new date, Disney offered the industry’s first honest response — it’s closed until further notice. Sign up for our Park Life newsletter and find out what’s new and interesting every week at Southern California’s theme parks. Subscribe here. The truth is that no one knows when it...
Tags: Disney, Sport, Soccer, Hawaii, Paris, Disneyland, Caribbean, Southern California, Disney World, Robert Niles Disneyland, Avengers Campus Virtual


Top Disney execs including Bob Iger and CEO Bob Chapek take pay cuts as the company risks losing billions in revenue (DIS)

Top Disney executives, including Bob Iger and CEO Bob Chapek, are taking pay cuts as the coronavirus pandemic continues to ravage the media giant's stock and impede its operations globally.  Iger will forgo his full salary, the company announced on Monday in a memo to employees. Iger's base salary was $3 million last fiscal year, and he made $47.5 million in total compensation. Chapek, who became CEO in February, will take a 50% salary cut. The cost-saving measures will start on April 5 and re...
Tags: Asia, Europe, China, Disney, US, Trends, Fox, Netflix, Comcast, Iger, Espn, Ken Burns, Disneyland, Executive, Amc Networks, Disney World


Hotels near Disneyland are taking reservations — but only for June 1 and after

The three Disneyland hotels in Anaheim have stopped accepting reservations before June 1 as Disney’s two nearby theme parks remain closed until further notice due to the coronavirus outbreak. New reservations for the Disneyland Hotel, Disney’s Grand Californian Hotel and Disney’s Paradise Pier Hotel are currently available for travel dates on June 1 and later, according to the Disneyland website. Sign up for our Park Life newsletter and find out what’s new and interesting every week at Southern...
Tags: Disney, Sport, Things To Do, Soccer, Amusement Parks, Disneyland, Disneyland Resort, Southern California, Disney World, Anaheim, Disney California Adventure, Tokyo Disney, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB


Six Flags Magic Mountain extends coronavirus closure to mid-May or later

Six Flags Magic Mountain has extended the temporary coronavirus closure of the Valencia amusement park amid the COVID-19 pandemic that has forced theme parks throughout California and across the United States to shutter operations. The temporary 19-day closure at Magic Mountain has now been extended to mid-May “or as soon as possible thereafter,” officials said. Sign up for our Park Life newsletter and find out what’s new and interesting every week at Southern California’s theme parks. Subscrib...
Tags: California, Sport, Things To Do, Soccer, United States, Seaworld, Amusement Parks, Disneyland, Valencia, Southern California, Disney World, Busch Gardens, Vallejo, Knott, Magic Mountain, SeaWorld San Diego


The key factors analysts are watching at 5 major media companies including Disney and Fox to help determine whether their stock will keep falling or rebound

Wall Street analysts are tallying up the toll the coronavirus pandemic has taken media conglomerates like Disney and Fox — and the key drivers that could help them in this period of economic turmoil. Combined, Disney, Fox, ViacomCBS, Discovery, and AMC Networks lost $92 billion in market value since the last market high on Feb. 19, largely thanks to Disney. We break down the impact on each of these companies, based on separate reports released this week by firms Bernstein, CFRA Research, and U...
Tags: Asia, Europe, UK, China, Amc, Walking Dead, Disney, Trends, Fox, Netflix, Comcast, Nba, Ubs, Cbs, Fox News, Paramount


Virtual parade brings Disneyland’s Magic Happens home during coronavirus closure

Disneyland hopes to sprinkle a little “virtual pixie dust” on the living rooms and home offices of fans sheltering in place during the coronavirus closure of the Anaheim theme parks with a video version of the new Magic Happens parade. The professionally produced 8-minute video of Magic Happens features parade floats with characters from “Moana,” “Coco,” “Frozen,” “Cinderella,” “Sword in the Stone,” “Princess and the Frog” and “Sleeping Beauty” all lead by Mickey Mouse. Sign up for our Park Lif...
Tags: Disney, Sport, Things To Do, Soccer, Amusement Parks, Disneyland, Southern California, Disney World, Macy, Anaheim, Orange County Register, Crane, Disney Parks Blog, Disney Parks, Kristoff, Anaheim CA


Aerial video and photos show eerie Disneyland ‘ghost town’ during coronavirus closure

A new aerial video and photos show the deserted walkways and vacant promenades of Disneyland and Disney California Adventure during the coronavirus closures of the Anaheim theme parks. The video and photos posted by the British news organization The Sun on Saturday, March 28 show aerial views shot by helicopter of the eerily empty Disney theme parks. Sign up for our Park Life newsletter and find out what’s new and interesting every week at Southern California’s theme parks. Subscribe here. SEE...
Tags: White House, Disney, Sport, Things To Do, Soccer, United States, United Kingdom, Netherlands, The Sun, Amusement Parks, Disneyland, Federal Aviation Administration, Southern California, Mickey Mouse, Disney World, Anaheim


Analysts lay out the financial damage each of Disney's businesses could face, as it closes parks 'until further notice' and delays films (DIS)

Disney is one of the media companies most threatened by the coronavirus because of its large theme park and theatrical businesses. Wall Street analysts at Bernstein, Needham, Rosenblatt Securities, and UBS have started crunching the numbers to figure out how much of a hit the company could take from the outbreak. Disney's usually stable theme-park business risks nearly $2 billion in revenue if the company is forced to close its parks worldwide for a full month. Two of the company's most profi...
Tags: Asia, Disney, US, Trends, Italy, Ubs, Espn, Disneyland, Hulu, Disneyland Paris, Bernstein, Disney World, Needham, The Walt Disney Company, Disney Plus, COVID


ANALYSIS: Tag-team chief executives Newsom and Garcetti face fiercest common foe yet: coronavirus

With a backdrop of a massive Navy hospital ship behind them, the leader of the nation’s most populous state and his counterpart at the nation’s second-largest city faced cameras on Friday, March 27. The common goal: “Bend the curve” for COVIC-19. Defeat it. As Gov. Gavin Newsom met with L.A. Mayor Eric Garcetti on Friday in Los Angeles, they came together in the midst of an unprecedented crisis. It is not, however, the first crisis the two have faced. In Newsom’s relatively short tenure as gover...
Tags: Apple, Google, Politics, New York, News, Navy, California, La, Los Angeles, San Francisco, Sport, Public Health, Soccer, Fox News, Getty, Disneyland


Warning: Quick coronavirus blood test could spell trouble, experts say

As some rushed to grab a quick, $47 blood test from a doctor in Little Saigon that can detect antibodies to the novel coronavirus in just minutes, the Orange County Health Care Agency issued a stern warning against them this week. Orange County Health Care Agency Officer Dr. Nichole Quick during a news conference in Santa Ana, CA, to announce the county’s first coronavirus (COVID-19) death on March 25, 2020. (Photo by Jeff Gritchen, Orange County Register/SCNG) “These non-approved tests can ...
Tags: Facebook, South Korea, News, California, Cdc, China, Sport, Public Health, Soccer, Fda, Disneyland, Orange County, Ucla, David Geffen, Disney World, U S Centers for Disease Control and Prevention


SeaWorld and Busch Gardens furlough 90% of theme park employees due to coronavirus closures

SeaWorld Parks and Entertainment will temporarily furlough more than 90% of its theme park employees as of April 1 in response to the global COVID-19 pandemic and the resulting temporary park closures, the company reported in an 8K filing with the U.S. Securities and Exchange Commission. “The furlough period is uncertain at this time due to the temporary park closures and will be reassessed as business conditions dictate,” according to the statement. “The company looks forward to welcoming back ...
Tags: California, Disney, Sport, Things To Do, Soccer, San Diego, Seaworld, Amusement Parks, Disneyland, San Antonio, Legoland, Southern California, Williamsburg, Disney World, Busch Gardens, Tampa Bay


Disneyland and Disney World extend coronavirus closures ‘until further notice’

Disney has extended the temporary closures of its U.S. theme parks indefinitely amid the coronavirus outbreak that has forced theme parks throughout California and across the country to shutter operations. The temporary closures at Disneyland, Disney California Adventure and the four Disney World theme parks have been extended “until further notice” due to the COVID-19 pandemic, Disney officials said. “As a result of this unprecedented pandemic and in line with direction provided by health exper...
Tags: Japan, Florida, California, Disney, Sport, Things To Do, Soccer, San Diego, John F Kennedy, Walt Disney Company, Amusement Parks, Disneyland, Disneyland Resort, Walt Disney World, Legoland California, Legoland


Analysts stress test 5 major media companies whose stock has cratered, including Disney and Fox, and forecast their potential to bounce back

Wall Street analysts are tallying up the toll the coronavirus pandemic has taken media conglomerates like Disney and Fox — and the key drivers that could help them in this period of economic turmoil. Combined, Disney, Fox, ViacomCBS, Discovery, and AMC Networks lost $92 billion in market value since the last market high on Feb. 19, largely thanks to Disney. We break down the impact on each of these companies, based on separate reports released this week by firms Bernstein, CFRA Research, and U...
Tags: Asia, Europe, UK, China, Amc, Walking Dead, Disney, Trends, Fox, Netflix, Comcast, Nba, Ubs, Cbs, Fox News, Ken Burns


Tokyo Disney theme parks extend coronavirus closures until late April or beyond

Tokyo Disney has extended the temporary coronavirus closure of its tandem theme parks and shuttered the Disney hotels at the Japanese resort amid the continuing COVID-19 pandemic. The Tokyo Disneyland and Tokyo DisneySea theme parks will remain closed until April 20 or beyond while the four hotels at the Tokyo Disney resort will close from April 1-20. “The temporary closures of Tokyo Disneyland and Tokyo DisneySea have been extended in light of the continued request from the New Coronavirus Resp...
Tags: Japan, Florida, France, Disney, Sport, Things To Do, Soccer, Tokyo, Amusement Parks, Disneyland, Southern California, Disney World, Anaheim, Knott, SHANGHAI HONG KONG, Tokyo Disneyland


The good, the bad, and the ugly: Analysts stress test 5 major media businesses including Disney and Fox whose stock has cratered and forecast their potential to bounce back

Wall Street analysts are tallying up the toll the coronavirus pandemic has taken media conglomerates like Disney and Fox — and the key drivers that could help them in this period of economic turmoil. Combined, Disney, Fox, ViacomCBS, Discovery, and AMC Networks lost $92 billion in market value since the last market high on Feb. 19, largely thanks to Disney. We break down the impact on each of these companies, based on separate reports released this week by firms Bernstein, CFRA Research, and U...
Tags: Asia, Europe, UK, China, Amc, Walking Dead, Disney, Trends, Fox, Netflix, Comcast, Nba, Ubs, Cbs, Fox News, Ken Burns