Disney Delays 'Avengers,' 'Star Wars,' And 'Avatar' Films
Portfolio Pulse from Benzinga Newsdesk
Disney has announced delays for the release of 'Avengers,' 'Star Wars,' and 'Avatar' films due to the ongoing pandemic. This decision may impact the company's revenue and stock price.
June 13, 2023 | 3:39 pm
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NEGATIVE IMPACT
Disney's decision to delay the release of major films may negatively impact its revenue and stock price in the short term.
Disney's decision to delay the release of 'Avengers,' 'Star Wars,' and 'Avatar' films is likely due to the ongoing pandemic and its impact on the entertainment industry. This decision may result in lower revenue from these films in the short term, which could negatively impact the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100