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Shanghai Disneyland To Reopen May 11, Disney Says, But Other Parks Remain In Limbo

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By Patrick Hipes Executive Managing Editor Disney CEO Bob Chapek said Tuesday during the company’s second-quarter earnings call that it plans to open its Shanghai Disneyland theme park on May 11.

It was the first park to be shut down as the coronavirus began spreading from China to the rest of the world. The news comes after Disney reported today that estimated COVID-19 impact on the company’s second-quarter operating income at its Parks, Experiences and Products segment was about $1 billion, “primarily due to revenue lost as a result of the closures” of its domestic and international theme parks.

That’s a huge chunk of the estimated overall company impact of $1.4 billion. Disney Senior SVP and CFO Christine M. McCarthy said there was no

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