Companies pulling back on spending are slashing their advertising budgets, hitting Disney’s networks. Theme parks like Disneyland are closed, and Disney’s cruises aren’t operating. Disney’s (ticker: DIS) one segment that has benefited from TV- and movie-watchers being stuck at home is its direct-to-consumer streaming unit. Read More...
Companies pulling back on spending are slashing their advertising budgets, hitting Disney’s networks. Theme parks like Disneyland are closed, and Disney’s cruises aren’t operating. Disney’s (ticker: DIS) one segment that has benefited from TV- and movie-watchers being stuck at home is its direct-to-consumer streaming unit.
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