Disney Says There's No 'Going Back' to Old Movie Theater Distribution Model

Disney Says There's No 'Going Back' to Old Movie Theater Distribution Model
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The COVID-19 pandemic has permanently changed the movie industry's distribution model, and Walt Disney (NYSE: DIS) CEO Bob Chapek says there is no "going back" to how things were before. Industry site The Wrap reports Chapek made the comments during a Q&A session at Morgan Stanley's Tech, Media & Telecom virtual conference yesterday.