3 unchanged sentences
Coronavirus (COVID-19)
−Removed: With respect to the ongoing and evolving coronavirus (“COVID-19”)
+Added: With respect to the ongoing and evolving COVID-19
outbreak, which was designated as a pandemic by the World Health Organization on March 11, 2020, COVID-19 has caused substantial
2 unchanged sentences
COVID-19 has had an adverse impact on the entertainment industry and,
−Removed: if repercussions of the outbreak are prolonged, could have a significant adverse impact on our business, which could be material.
−Removed: The majority of the Company’s employees have been working remotely from home, with only a few individuals monitoring the
−Removed: office as needed.
−Removed: We have not experienced any disruption in our supply chain, nor have we experienced any negative impact from
−Removed: our production partners.
−Removed: We have observed demand increases for streaming entertainment service provided by our partners in the
−Removed: first half of 2020, but we cannot estimate the impact COVID-19 will have in the future as business and consumer activity decelerates
−Removed: and across the globe.
−Removed: The Company’s management cannot at
−Removed: this point estimate the impact of COVID-19 on its business and no provision for COVID-19 is reflected in the accompanying financial
+Added: if repercussions of COVID-19 are prolonged, could have a significant adverse impact on our business, which could be material.
+Added: majority of the Company’s employees have been working remotely from home, with only a few individuals monitoring the office
+Added: We have not experienced any disruption in our supply chain, nor have we experienced any negative impact from our animation
+Added: production partners.
+Added: With regard to content distribution, we have observed demand increases for streaming entertainment services
+Added: In terms of our consumer products business we are starting to see some negative impact from COVID-19 as consumer activity
+Added: decelerates in the U.S.
+Added: and across the world.
+Added: Global supply chain issues had a negative impact on the timing of certain toy releases.
+Added: The toy manufacturing business has experienced slowdowns related to global supply chain issues caused by the COVID -19 outbreak.
+Added: Equally important, the retail toy business has suffered slowdown and closures effecting toy sales.
+Added: New to market brands are impacted
+Added: more severely by a slowdown in physical retail sales.
+Added: Other consumer products licensees’
+Added: business is driven, by toy sales,
+Added: so a there is a negative downstream effect across the industry.
+Added: If the COVID-19 outbreak is prolonged, we will see a negative impact
+Added: on our revenues.
+Added: The Company’s management cannot at this
+Added: point estimate the impact of COVID-19 on its business and no provision for COVID-19 is reflected in the accompanying financial
We will continue to actively monitor the situation and may take further actions that alter our business operations
1 unchanged sentence
customers, partners and stockholders.
−Removed: It is not clear what the potential effects any such alterations or modifications may
−Removed: have on our business, including the effects on our customers, suppliers or vendors, or on our financial results.
+Added: It is not clear what the potential effects any such alterations or modifications may have
+Added: on our business, including the effects on our customers, suppliers or vendors, or on our financial results.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.