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DIS
California allowing limited reopening April 1 for theme parks, stadiums

- California says that theme parks, ballparks and stadiums will be able
to reopen April 1, with limitations.
- That new guidance is far sooner than expected, and it joins in other
news data points showing improvement - at least in sentiment - in the
COVID-19 pandemic. Earlier this week, Texas and Mississippi rolled back
pandemic restrictions.
- Amusement parks can reopen with capacity limited to 15% in counties in
the red tier (the second-strictest category). That cap rises to 25% for
counties in the orange tier, and 35% in the most lenient yellow tier.
- Attendance will also be limited to in-state visitors; indoor rides
will be limited, and no indoor dining will be permitted.
- Outdoor sports can bring fans back, and live performances can resume
April 1 as well. In the strictest purple tier, attendance will be limited
to 100 people and regionally limited, with no concessions; in red tier,
20%
and in-seat concessions; in orange tier, 33%, and in yellow tier, 67%.
- But three counties featuring large theme parks (Los Angeles, Orange
and San Diego) are in the purple tier and won't be able to immediately
reopen. Still, the new standards represent a loosening: Previously, large
parks like Disneyland and Six Flags Magic Mountain weren't set to reopen
until their home county reached the yellow tier.
- Disney (NYSE:DIS) is up 0.3% after hours; Cedar Fair (NYSE:FUN)+0.1%;
SeaWorld Entertainment (NYSE:SEAS)+0.2%; Six Flags Entertainment (NYSE:
SIX) +1.3%.





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