China News Service Client, Beijing, May 6 (Xie Yiguan) "After nearly four months of unemployment, the Disney Princess at Escape can finally go back!" On May 6, Shanghai Disneyland announced that it would reopen the public from May 11 open.
According to the admission rules announced by the Shanghai Disney Resort, visitors must wear masks and undergo temperature tests throughout the course except for meals. (Photo courtesy of Disney)
Shanghai Disneyland will be the only open Disneyland
Shanghai Disney Resort said that from May 11 onwards, most of the attractions, amusement programs, some entertainment shows, shops and restaurants in Shanghai Disneyland will resume operations on the basis of controlling passenger flow.
“Some attractions and experiences with frequent interactions, such as children ’s play areas and theater performances, will be temporarily closed to tourists. To ensure a safe distance, float parades and luminous phantom shows will also return later.”
From 8 am on May 8th, tickets for Shanghai Disneyland will be re-sold on the official online channels of the resort and official travel partner channels. During the initial period of resumption of operations, limited daily sales will be implemented.
In the initial stage of operation restoration, Shanghai Disneyland will implement a series of new operational measures and processes, including implementing current restrictions, requiring tourists to purchase tickets in advance and making reservations for admission to the park; in the queue area of the park, restaurants, amusement projects and other facilities to ensure safety Distance; and increase the frequency of sanitation and disinfection.
Notes for Disney's admission. Screenshot from Shanghai Disney's official website
Under the spread of the epidemic, Disney closed Shanghai and Hong Kong Disneyland on January 25 and January 26; Tokyo Disneyland closed at the end of February; California Disneyland announced the closure on March 12; March 16, Disneyland in Florida, USA and Disneyland in Paris, France are closed.
For the first time in this epidemic, Disney, which has a 96-year history, closed six parks at the same time. On March 28, Disney announced that the operating hours of Disney's parks and hotels are to be determined.
In the period after the closure of Shanghai Disneyland, the Shanghai Disney Resort took everyone to "Yunyou Park", and reopened the Disney Town, Xingyuan Park and Shanghai Disneyland Hotel in early March. After Shanghai Disneyland reopens, it will become the only Disneyland currently operating in the world.
"Reopening also proves that China's epidemic situation is indeed under control, good things." Netizens have said, "Disney is alive again."
Hong Kong Disneyland will be closed from January 26. The picture shows tourists taking pictures outside the gate. China News Agency reporter Zhang Weishe
Net profit plunged by more than 90% in the second fiscal quarter
The Shanghai Disneyland can be reopened, injecting a dose of "heart booster" into Disney's poor financial situation.
On May 6, Beijing time, Disney announced the second quarterly quarterly report. Affected by the spread of the new coronary pneumonia epidemic, Disney ’s second-quarter revenue was US $ 18.01 billion, compared with US $ 14.922 billion in the same period last year; net profit was US $ 460 million, compared with last year During the same period, US $ 5.452 billion fell 91.6%.
Among them, the operating profit of the theme park, experience and product division was 639 million US dollars, down 58% year-on-year; the operating income of the film and television entertainment business was 466 million US dollars, down 13% year-on-year; the operating income of the cable TV network business was 1.8 billion US dollars, an increase of 2.4% year-on-year. With home quarantine to slow the spread of the virus, Disney + paying users have grown substantially.
Disney estimates that the impact of the epidemic on the operating income of the theme park, experience, and product sectors is approximately $ 1 billion, mainly due to the loss of revenue caused by the blockade measures. "It is estimated that the impact of the New Coronary Pneumonia epidemic on pre-income profits for all continuing operations in the current quarter will be up to $ 1.4 billion."
On May 5 (Tuesday), local time, Disney closed down 2.05% at $ 101.06. After the release of the financial report, as of press time, Disney's stock price fell more than 2% after the market. As of the close on the 5th, since the beginning of the year, Disney's stock price has fallen by 30.13%, and its market value has evaporated more than 82 billion US dollars.
"The New Corona Virus pandemic has had a clear financial impact on some businesses, but we are confident and able to withstand this kind of interference and stand in a good position after getting rid of the interference." Disney CEO Bob Chapek ( Bob Chapek) said.
However, after Shanghai Disneyland announced the reopening, Disney Chief Financial Officer Christine McCarthy said at the financial report, "It is difficult to determine the timing and conditions for the reopening of other theme parks, resorts, cruise ships, and Disney stores."
Data Map: Shanghai International Tourism Resort has received 66 million Chinese and foreign tourists over the past 4 years. Photograph by Tang Yanjun
Stop paying over 100,000 employees
Under the spread of the epidemic, the suspension of Disneyland's business also affected the treatment of employees.
On April 11, the American Broadcasting Company (ABC) reported that Disney had announced that 43,000 employees at Disney World Orlando, Florida, will begin taking unpaid leave next week, leaving only about 200 employees to do the necessary work.
On April 20, the British "Financial Times" reported that affected by the new coronary pneumonia epidemic, Disney stopped paying more than 100,000 employees this week, almost half of the total number of employees. Suspending the payment of thousands of so-called actors' salaries can save Disney up to $ 500 million a month in its theme parks and hotels.
In addition to stopping paying employees' salaries, Disney CEO Bob Iger said in March that he would give up all his salary during the outbreak. Iger is one of the company's highest-paid executives, with a salary of $ 47.5 million last year. The company's chief executive, Bob Chapek, will also receive only half of his salary during the epidemic.
"It turns out that the fairy tales are deceptive, and Snow White is also unemployed." "The fairy tale is beautiful and the reality is cruel." Netizens said, "Shanghai Disneyland is back in operation, and Snow White can continue to work."
"Disney has more diversified businesses and a more stable financial position than companies such as gaming, cruise ships, hotels, and theme parks. At the same time, it benefits from the growth of streaming media and is expected to recover from the epidemic more quickly." Juncheng pointed out. (Finish)