by Ray Keating
News
DisneyBizJournal.com
March 27, 2020
Given how long Disney parks have been closed in Shanghai and Hong Kong, for example, and the spread of the coronavirus in the United States, it was not surprising that the Walt Disney Company announced this afternoon that Walt Disney World and Disneyland “will remain closed until further notice.”
It also was said in the company’s statement: “The Walt Disney Company has been paying its cast members since the closure of the parks, and in light of this ongoing and increasingly complex crisis, we have made the decision to extend paying hourly parks and resorts cast members through April 18.”
Ray Keating is the editor, publisher and economist for DisneyBizJournal.com, and author of The Disney Planner 2020: The TO DO List Solution and the Pastor Stephen Grant novels. He can be contacted at raykeating@keatingreports.com.
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