Worst is yet to come for Disney after profit plunges in first quarter

Reported dip in revenue reflects only the first few weeks of the coronavirus crisis

This $100m series created by Jon Favreau is one of six originals teased by Disney for the launch of the streaming platform . It’s set between the fall of the Empire and the emergence of the First Order and follows the Mandalorian , “a lone gunfighter in the outer reaches of the galaxy, far from the authority of the New Republic”.Disney is banking on the nostalgic pull of the likes of Lady and the Tramp – and the buzz of a live-action reboot – to attract subscribers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Independent /  🏆 80. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney suffers $1.4bn hit due to coronavirusLockdowns have forced the company to close its theme parks and has hurt advertising.
Read more »

Boris to face Keir in PMQs as UK becomes worst affected country in EuropeBoris is set for a grilling as he goes face-to-face with the new Labour leader for the first time at PMQs
Read more »

Disney suffers $1.4bn hit due to coronavirusLockdowns have forced the company to close its theme parks and has hurt advertising.
Read more »