Disney could lose $280 Million from park shutdowns in China

Entertainment

(CNN) — Between the Coronavirus and protests in Hong Kong, Disney could lose $280 Million from park shutdowns in China.

Disney warned of the potential current quarter hit to park profit in its Tuesday earnings call.

Losses escalated from the coronavirus outbreak prompted Disney to suspend operations at some of its facilities in China last month.

For the time being, the properties in Hong Kong and Shanghai are closed indefinitely.

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