Disney Reports Shiny Results of the Quarter

| No Comments

Disney's net income for the quarter has increased 30 percent from last year and reached $1.1 billion.

Disney which is the "happiest place on earth" increased its revenues 7 percent and net icome was up 21 percent, according to the CNNMoney.

CNNMoney pointed out that Disney's growth might be driven by company's consumer products, theme parks and resorts segments as well as by cable networks, such as sports channel ESPN and the Disney Channel.

The media networks including ESPN and the ABC broadcast network posted a 9 percent gain in revune to $ 4.8 billion, according to the Reuters.

The theme parks and resorts group reported an 11 percent revenue gain to $ 3.1 billion and comapring with other DIsney's businesses, the studio and entertainment division was the only disappointing result in this quarter, with revenue aliding 8 percent to under $ 1.46 billion, according to the Reuters.

Leave a comment

About this Entry

This page contains a single entry by leex5469 published on November 13, 2011 4:56 PM.

Sir Alex Ferguson As Manager of Manchester United For 25 years was the previous entry in this blog.

China's Imports will Increase Dramatically in 5 years is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.