Florida officials have approved plans for a phased reopening of Walt Disney World. The plan is to begin the reopening in Orlando starting on July 11, reports Reuters. The successful reopening of its parks is a signal event for Disney and the rest of the world. This is as governments and companies strategize lockdown while COVID-19 is still a threat. When the Disney parks reopen, guests and employees will be required to wear masks. They will also need to undergo temperature checks. Disney estimates it lost $1 billion at its theme parks division from January through March.