A company's business model has everything to do with how they generate revenue. Some companies have tweaked their business model as per the COVID-19 situation but the nature of some businesses is such that their models cannot be tweaked in order to run. Theatres, stores and theme parks are among such examples.
In the wake of the global COVID-19 pandemic, Disney has faced a lot of loss. Where some businesses especially at-home entertainment service providers like Netflix have flourished, other companies like Disney have had a hard time coping with the damage.
Not only does Disney make movies, but it also provides other modes of entertainment such as theme parks. A number of Disney's segments have been affected due to lockdown. Disney also runs its own cruise which has been affected just as much as their retail stores and parks have. As for Disney's films and stage performances, they have either been cancelled or delayed.
A number of channels that come under Disney's banner have also been experiencing the same fate, although to a lesser extent. The subscriber growth of Disney+ had started to slow down just after six months of its launch but it is all set to hit the European market soon enough towards the end of this year. To learn more about how Disney's various segments have been hit by the COVID-19 wave, have a look at the infographic below.
Infographic by: Statista