Abraham Ravid, finance professor at Yeshiva University, thinks more contract disputes like the one between Scarlett Johannsen and Disney will pop up as streaming overtakes the movie theater experience.
The head of Disney’s theme parks unit said that uncertainty over the pandemic’s duration had made cuts unavoidable.
Companies are finding ways to soften the pandemic's blow to their bottom lines.
COVID-19 hurt its cruise and theme park businesses, but the company is also capitalizing on the "stay-at-home" market with its streaming service.
Disney World and Disneyland Paris are reopening, but Hong Kong Disneyland just announced plans to close.
The outbreak has also shuttered nearly every movie theater in China.
As streaming platforms compete for the attention of young viewers, many are investing in Japanese animation.
On a roller coaster of higher prices and falling attendance, theme park revenue has been on the up and up.
Banks of shows draw people in. Promotions aim to keep them there.