Disney gets its fairytale ending with $1.3bn profit

first_img whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Show Comments ▼ HIT movies like Toy Story 3 and higher advertising sales have lifted quarterly profit at Walt Disney by 40 per cent, the firm said yesterday. Pre-tax profit for the three months to 3 July rose to $1.3bn (£820m), from $954m a year ago, while revenue beat analyst forecasts by rising 16 per cent to $10bn.Spin offs from blockbuster films boosted sales in the consumer product division, which advanced 19 per cent to $606m. Revenue at the firm’s media arm, which houses sports network ESPN and broadcaster ABC, rose 19 per cent to $4.6bn, benefiting from $344m in turnover held over from last year. However, the theme parks arm saw turnover slide eight per cent to $477m, as holidaymakers spent time at cheaper resorts following price rises at Disney destinations. KCS-content Tuesday 10 August 2010 8:50 pmcenter_img Share Disney gets its fairytale ending with $1.3bn profit by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirrorautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Tags: NULLlast_img

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