NEWS: Disneyland Expected to Remain Closed Through At Least End of 2020

Disney’s Quarter 4 Earnings Call has been broadcasted today.

Disneyland

Disney is reporting to investors worldwide the impact that the global health crisis has had on the company. The company made the decision to close theme parks worldwide for an extended amount of time at the height of the pandemic in March. Disney World and other international parks reopened months ago. However, Disneyland Resort remained closed with no official reopening date.

To some, it seemed like the parks were reaching a reopening date soon. Newsom has released theme park reopening guidelines, which was an indication for some that the park would reopen soon.

Disneyland

During the Financial Earnings Call, Disney stated that “We anticipate Disneyland will remain closed at least through the end of the fiscal first quarter.” This can be approximated to be around New Year’s 2021.

Holiday Decorations in Disney California Adventure Park

The reopening of Disneyland has been an ongoing battle between California Governor Gavin Newsom, state officials, and Disney.

Disney California Adventure Park

We’ll continue to report on the Q4 Earnings Call and the impacts they will have on Disney’s future.

Disney expects to spend $1 Billion on health and safety measures in 2021 — read about it here!

Join the AllEars.net Newsletter to stay on top of ALL the breaking Disney News! You'll also get access to AllEars tips, reviews, trivia, and MORE! Click here to Subscribe!

Click below to subscribe

 

Leave a Reply

Your email address will not be published. Required fields are marked *