What a day a year makes. Last March Disney’s market cap, as stocks tanked under COVID-19, bottomed out at $214 billion; one year later, as the vaccines are reopening the economy, Disney’s market cap is now $335 billion, up 57%. Reservations are pouring into its freshly remodeled attractions; over 20 new feature films are scheduled for 2021; Disney Plus has topped 95 million subscribers, and “Black Widow” will showcase Disney’s new business model, releasing blockbusters on the big screen and simultaneously on its streaming platform for a premium. After last year’s heartache, 2021 is shaping up to be a banner year.
Originally posted for the Orlando Sentinel’s Central Florida 100.
Photo: thedisinsider.com