Coronavirus Has Already Infected Hollywood’s Bottom Line – How Bad Could It Get?

Disney and other entertainment giants could suffer a ”devastating impact“ on their businesses, Greenberg Glusker attorney Sky Moore says

Hollywood is already feeling the impact of the coronavirus (code name: COVID-19) as the disease spreads from its epicenter in Wuhan, China — and bracing for some potentially serious hits to revenues from box office and theme parks as well as disruptions of overseas film and TV production.

“It could have a rather devastating impact on companies, and not just because of the film industry, but for the companies operating theme parks as well,” Sky Moore, a partner at the law firm Greenberg Glusker, said. “The last thing people are going to want to do is go to a theme park, and the second to last thing they’re going to want to do is go to the movies.”

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Trey Williams

Film Reporter covering the biz • trey.williams@thewrap.com • Twitter: @trey3williams

Sean Burch

Tech reporter • sean.burch@thewrap.com • @SeanB44