As the Coronavirus continues to be on the minds of people around the world, a report from the Orlando Sentinel says that the popular theme park Walt Disney World near Orlando, Florida, may remain shuttered until mid April, 2020.

Analysts are warning Disney World theme parks could close longer than the currently scheduled two weeks with the shutdowns running into mid-April, costing the company $1.4 billion in revenue over the next two quarters, according to a new research note.

Research firm MoffettNathanson published an analyst note Tuesday that gives a grim overview of how the coronavirus pandemic will hurt the Walt Disney Company. Disney did not respond to a request for comment Wednesday.

As of this writing, we do not know if the other theme parks such as Sea World will follow Disney‘s lead.

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Dan Uff
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https://www.compuscoop.com/