In this handout photo provided by Walt Disney World Resort, Magic Kingdom Park (pictured) is seen on October 8, 2014. (Photo by Matt Stroshane/Walt Disney World Resort via Getty Images) BURBANK, Calif. (AP) - Walt Disney Co.
on Tuesday reported that its net income fell dramatically in the three-month period that ended in June when most of its theme parks were shuttered and theatrical movie releases were postponed.Still, its bottom-line results were better than analysts expected, although its revenue fell short of forecasts.Disney has soared to success with the breadth of its media and entertainment offerings, but now it’s trying to recover after the coronavirus pandemic pummeled many of its businesses.