The company cited "improvements in domestic theatrical motion picture distribution and television distribution as well as lower production write-offs." Speaking at a gathering of analysts in Orlando, teh company's chief financial officer, Tom Staggs, noted that the company would be releasing The Incredibles on DVD in March.
In Disney's consumer product division, revenue fell 14% from last year to $725 million, and segment operating income decreased 3% to $231 million. The shares rose 17 cents to $28.80 after hours.- Loading Comments...
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