|Bid||0.5628 x 130000|
|Ask||0.5834 x 130000|
|Day's Range||0.5566 - 0.6480|
|52 Week Range||0.2403 - 2.7080|
|Beta (5Y Monthly)||1.60|
|PE Ratio (TTM)||4.55|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 09, 2020|
|1y Target Est||N/A|
Walt Disney Co's live-action version of "Mulan" will skip most of the world's movie theaters and go directly to its streaming platform in September, the media giant said on Tuesday. The decision follows uncertainty about when big movie theater chains in the United States will be able to reopen after being shuttered since mid-March because of the coronavirus pandemic. "Mulan" will cost a premium price of $29.99 on the Disney+ streaming service in the United States, Canada, Australia and parts of Western Europe, Disney's chief executive, Bob Chapek, said on a call with investors after Disney reported quarterly earnings.
Regal Cinemas said on Monday it plans to reopen theaters in the United States on Aug. 21, as the theater chain is counting on big-budget movies such as "Tenet" to help lure audiences out of their homes during the pandemic. Movie theaters closed their doors around the world in mid-March when several countries imposed lockdowns and social distancing measures to limit the spread of the coronavirus. "With the health and safety of our staff, customers and communities as our top priority, we are happy to invite audiences to return to the timeless theatrical experience," said Chief Executive Officer Mooky Greidinger of UK's Cineworld Group Plc, which owns Regal Cinemas in the United States.
Chinese-controlled AMC <AMC.N>, the United States' largest chain, said on Thursday it was postponing reopenings across the country as COVID-19 cases grow at an alarming rate in some states. Britain's Cineworld, which has also delayed the reopening of its U.S. theatres to mid-August, has reopened in Europe and plans to restart main UK operations at the end of July, but analysts worry that could be delayed and predict limited ticket sales. Shares in Cineworld, already headed for their worst-ever yearly fall with an 80% plunge, were down 9% at 48.3 pence by 1103 GMT.