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Disney suffers $1 billion hit as parks close worldwide
Disney reports its first pandemic affected quarter with a 63 percent drop in profit to 60 cents per share and a 91 percent plunge in net income to 475 million. Parks, experiences and products lose about 1 billion in operating income amid park closures. Revenue rises 21 percent to 18 billion due to 21st Century Fox assets.
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Disneyland
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Disney
21St Century Fox
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Shanghai Disneyland
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