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Disney Rides Parks to Strong Showing

05/06/08 - 05:16 PM EDT

Nat Worden

In a sign that Disney was not immune to the economic effects of the U.S. housing downturn and credit crisis, the company's consumer products division was the laggard in the quarter. Its operating income was down 14% to $107 million though revenue for the unit was up 10% to $551 million.

Disney finished the regular session up 1.3%. Other entertainment companies also finished in the black, including News Corp.NWS, Time WarnerTWX, Six FlagsSIX and Warner Music GroupWMG.




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