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Disney's Credit Rating Downgraded by Fitch Over Virus Impact

Usa 2020 pandemic Coronavirus
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www.hollywoodreporter.com
hollywoodreporter.com:

Fitch Ratings on Wednesday downgraded the credit rating for The Walt Disney Company over how the Hollywood studio will weather the coronavirus outbreak in the next two years.

The move to reduce the studio's IDR to A-, from A, with a negative outlook, follows the credit agency on March 18 revising Disney's rating outlook from "stable" to "negative" just as the coronavirus spread forced the closure of its theme parks and North American retail stores.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
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Cases: 21 835 785
Deaths: 608 235
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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