Story at a glance
- During a quarterly finance call, Disney officials said more than 100,000 vaccinations have occurred at Disneyland.
- Select parts of the site remain open.
Legendary animation and film company Disney confirmed that more than 100,000 COVID-19 vaccine doses have been administered at the Disneyland theme park in California.
Business Insider reports that Disney CEO Bob Chapek confirmed that essential workers and people over the age of 70 were among the first eligible individuals to be vaccinated at the park, which was partially converted into a mass-vaccination site in January as COVID-19 ravaged Southern California.
Disneyland was temporarily closed in 2020 as the U.S. responded to COVID-19. Since then, select parts of the park have reopened, including select retail and dining venues.
The main Disneyland Park and Disney California Adventure Park remain closed and expect to open as COVID-19 eventually subsides and local governments approve reopening for guests.
Feb. 11 fiscal results note that operations revenue for the quarter dropped by 98 percent, primarily due to COVID-19.
“We believe the strategic actions we’re taking to transform our Company will fuel our growth and enhance shareholder value, as demonstrated by the incredible strides we’ve made in our DTC business, reaching more than 146 million total paid subscriptions across our streaming services at the end of the quarter,” Chapek said. “We’re confident that, with our robust pipeline of exceptional, high-quality content and the upcoming launch of our new Star-branded international general entertainment offering, we are well-positioned to achieve even greater success going forward.”
The estimated cash loss the Disney company will incur is about $2.6 billion.
Park entry is only attainable through a reservation.
The silver lining has been Disney’s direct-to-consumer platforms. Lucrative deals with Hulu and the success of it’s Disney+ and ESPN+ platforms have seen subscriber growth thanks to various stay-at-home orders, culminating in $3.5 billion in revenue.