Top Disney execs including Bob Iger and CEO Bob Chapek take pay cuts as the company risks losing billions in revenue
. Its film releases have been delayed, and TV and movie productions have been halted. The loss of live sports has also hamstrung its cable network ESPN.
: Combined, Disney, Fox, ViacomCBS, Discovery, and AMC Networks lost $92 billion in market value since the last market high on Feb. 19, largely thanks to Disney. Analysts lay out the financial damage each of Disney's businesses could face, as it closes parks 'until further notice' and delays films : Companies that generate significant shares of their revenue from theme parks, films, and advertising are most sensitive to the pandemic, and a potential economic downturn it could ignite.
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