Company said its operating income for last three months fell 37% to $2.4bn but Disney+ gained new subscribers amid lockdownsCoronavirus – live US updatesLive global updatesSee all our
Coronavirus coverageThe coronavirus pandemic has cost Walt
Disney $1.4bn in the last three months as the virus shut down its theme parks around the world and halted film and TV productions, the company announced on Tuesday.
The world’s largest media company said its operating income for the three months ending 28 March had fallen 37% to $2.4bn after it was forced to close parks, cancel cruises and delay future productions.