Walt Disney World to increase capacity as Q2 revenue drops on continued weakness in parks
By MAE ANDERSON
Disney World to increase capacity
Disney s second-quarter revenue dropped as the pandemic continued to weigh on its parks and theme parks. However, CEO Bob Chapek said signs of recovery can be seen across the company’s business and capacity will continue to expand.
NEW YORK (AP) - Disney s second-quarter revenue dropped as the pandemic continued to weigh on its theme parks.
Disney+ subscriptions continued to surge but missed some analyst expectations. Still, net income beat expectations, and CEO Bob Chapek said signs of recovery can be seen across the company’s business as the pandemic begins to wane.