The Chinese box office has bailed out plenty of Hollywood movies that struggled domestically, like “Warcraft” and “Pacific Rim” — and a different sort of Chinese box office helped Disney make up for big drops at its media networks and film studio when the Mouse House reported first-quarter earnings.
After markets closed Tuesday, Disney reported year-over-year declines in its studio entertainment, media networks and consumer products divisions. But the one branch that saved the day was parks and resorts — particularly Shanghai Disneyland Park.
After markets closed Tuesday, Disney reported year-over-year declines in its studio entertainment, media networks and consumer products divisions. But the one branch that saved the day was parks and resorts — particularly Shanghai Disneyland Park.
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