Heard on the Street: Data from Disney, Live Nation and cruise-ship companies provide a false sense of hope that in-person entertainment will recover quickly
Walt Disney Co. reopened its Shanghai Disneyland theme park last week following more than three months of closure.
The park only was allowed to operate at 30% capacity, with some rides shut down and all visitors required to wear masks. It still sold out that first day, even with those limitations. The company also is beginning a “phased reopening” of the Disney Springs retail and restaurant complex near its Disney World resort...
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