Disney’s Progress Report Shows Pandemic Recovery Remains Slow
- Park attendance is disappointing; TV ad sales are still down
- Disney+, a bright spot, could be due for a price increase
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Walt Disney Co. is recovering from the Covid-19 crisis, but business won’t return to normal anytime soon.
That was the gist of the progress report that the company delivered to Wall Street this week. In two talks with investors, Chief Financial Officer Christine McCarthy covered a wide range of topics, including the success of the company’s Disney+ streaming service and the unusual online launch of “Mulan.”