Disney CEO Chapek Confident in Safety of Theme Park Reopening Plan

The transcript discusses Disney's reopening plans amid COVID-19, focusing on safety measures like social distancing and temperature checks. It compares Disney's approach to Universal's, highlighting the complexity of Disney's operations and the new reservation system. Learnings from Shanghai's reopening are shared, emphasizing cooperation and adherence to guidelines. Future resort openings depend on local government cues. Disney's strategic planning aims to build trust and adapt capital allocation. The release of Mulan in theaters is planned with optimism for audience return.

What are some of the safety measures Disney is implementing for its reopening?

• Free park entry

• Unlimited ride access

• No social distancing

• Face masks and temperature checks

Why did Disney choose to open its parks a month later than Universal?

• They needed more time to clean the parks

• They were waiting for a government mandate

• They have a more complex business and labor situation

• They wanted to observe Universal's reopening first

What has been a key learning from the reopening of Shanghai Disney?

• Temperature checks are ineffective

• Social distancing is not necessary

• Guests prefer virtual rides

• Guest cooperation is crucial

What is Disney's approach to reopening its parks in different regions?

• Opening only in the USA

• Following local government guidelines

• Opening all parks simultaneously

• Ignoring local regulations

How does Disney plan to build trust with its guests in the post-pandemic world?

• By eliminating safety measures

• By offering free tickets

• By opening parks with limited capacity

• By reducing ticket prices

What is Disney's strategy regarding capital allocation in the post-pandemic world?

• Focusing only on cruise ships

• Focusing solely on theme parks

• Investing in a broad range of properties

• Cutting all investments

What is Disney's expectation for the release of Mulan in theaters?

• It will be released only online

• It will be delayed indefinitely

• It will not be released in China

• It will be well-received due to high demand for entertainment