Disney Closes Its Theme Parks Worldwide Over The Coronavirus

Disney announced the closure of its Disneyland Resort in California due to the COVID-19 outbreak, following a state order banning large gatherings. This marks the third closure in Disneyland's history, with previous closures occurring after JFK's assassination and the 9/11 attacks. Disney also decided to close its parks in Florida, Paris, Shanghai, Hong Kong, and Tokyo. The closures are expected to result in significant financial losses for the company, which generated $21.6 billion in revenue from its theme parks in 2019.

What did Governor Gavin Newsom's order pertain to regarding gatherings?

What financial impact was Disney expected to face due to the park closures?