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Disney Won’t Be Able To “Jam People” On Prices At Parks, May “Kill” ‘Mulan’ Theatrical As Digital Boost – Analyst
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deadline.comBy Dade Hayes Finance Editor Disney is starting to recover from COVID-19, but it won’t be able to “jam people on pricing” at its theme parks anytime soon, hurting revenue, and may opt to “kill” the theatrical run of Mulan, according to Wall Street analyst Michael Nathanson.
The MoffettNathanson partner joined colleagues Craig Moffett and Nick Del Deo for a conference call about the pandemic’s impact on media, telecom and tech companies.
A replay of the call was released Friday. Mulan, a big-budget, live-action remake of Disney’s animated film, is a looming issue for the company, which took in $13 in global box office in 2019.
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