Similar to what's going on in the entertainment industry right now with today's 15% workforce reduction at Lionsgate Motion Picture Group, Sony's layoffs last week and NBCUniversal's TV and streaming unit cuts commencing in mid-November, the impacts at Disney are from the ongoing results of the COVID-19 pandemic, as well, as the studio's strategic restructuring, which many conglomerates are going through right now. The whole town is dealing with the balance of delayed theatrical releases until 2021 and eventizing once-planned tentpoles on streaming and PVOD platforms. Further impacting the immediate theatrical release landscape, even if New York City and Los Angeles reopens in the near future, is the fact that most of Western Europe is under lockdown again as COVID-19 cases have increased.