CinematicFusion
Well-Known Member
Similar to the 9/11 crisis. Disney lost money and budgets for projects are often scaled back and they get cancelled and delayed for a long time.
Journey of Water will definitely get axed. And Mary Poppins in the UK. And no more rumors of a new Figment ride revamp.
EPCOT will become IPCOT with possibly cheap reskins of every ride.
Look at past downturns as a guide. Disney will slow down projects until they get back on their feet. Stock is trading under 90 as I write this.
Walt Disney Co. (DIS) has raised almost $6 billion in a debt offering, as the impact of the coronavirus outbreak is putting its cash flow position under strain.
So depending on how long this lasts can delay, cancel, slow down production on a ton of things Disney from theme parks to their tv shows and movies. But... Disney will be back in action again, just like it was after 08 financial crisis, 9/11.