Disneyland to remain closed at least through end of year
While Disney World in Orlando, Florida, has reopened with limitations, don't expect to return to Southern California's Disneyland anytime soon.
On an earnings call Thursday, Disney said the park will remain closed at least through the end of the year. The tight COVID restrictions in California earned condemnation from Disney CEO Bob Chapek.
"Unfortunately, we remain extremely disappointed that the State of California continues to keep Disneyland closed, despite our proven track record," Chapek said in a statement. "We look forward to the time when all of our parks and ships are operating again and we're able to create even more magical experiences for our guests."
California reported 6,927 new cases on Thursday as the state crept to 991,000 overall since the pandemic began. It will become just the second state, behind Texas, to cross 1 million cases. Orange County, where Disneyland is located, currently has a test-positivity rate of 3.7% -- the highest percentage since Sept. 17.
The Parks, Experiences and Products division, which also includes resorts and cruise lines, lost $2.4 billion in operating income in the last quarter, according to the report. The division also fell 61% in revenue last quarter.
Disney World reopened in mid-July after being closed for nearly four months.
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