Thursday, 22 May 2008

Disney Indicates Strike Cut Costs, Spurred Profits

Disney Indicates Strike Cut Costs, Spurred Profits




The Walt Walter Elias Disney Co. is the latest media empire to report stronger-than-expected quarterly results in the wake of the recent writers' strike. In fact, it said in its Sec filing Tuesday, net profit soared 22 percent from a year ago, orgasm in at $1.13 zillion on revenue of $8.71 billion. Its ABC's Studios contributed to a 14 percentage growth in income for its media networks unit, largely because of lower production costs during the strike. Profits at its picture show studios too blastoff up as a result of such hits as National Hoarded wealth: Book of Secrets, Enchanted, and Hannah Montana/Miley Cyrus: Best of Both Worlds. Simply it was Disney's base rosa Parks that surprised the most, delivering an amazing 33




Steve Backley out of Dancing on Ice