Disney 4Q results out, Profit up as a whole, down at parks

[Giraffe Lounge]

Disney 4Q Profit Up 18% On Deal Gain, Media Networks Growth - WSJ.com

Walt Disney Co.'s (DIS) fiscal fourth-quarter profit grew 18% amid a merger-related gain while the company's network business reported strength thanks to cable channels ESPN and ABC Family.

Shares gained 3.9% to $30.15 in after-hours trading as the entertainment and media giant's results topped Wall Street's expectations. The stock, which reached its 52-week high last month, has almost doubled from a seven-year low in March.

[IMAGINE]

Re: Disney 4Q results out, Profit up as a whole, down at parks

Cheers...let us continue in our success...but not become comfortable, lets continue to PLUS.

[Wotan]

Re: Disney 4Q results out, Profit up as a whole, down at parks

While many of the results in the earnings report (which I've just digested) are positive, the continued poor performance of the movie studio remains distressing. Clearly, the Christmas Carol feature may never recoup the investment, and beyond the continued Pixar products, and the possibilities represented by the Frog and the Princess, the current list of movies "in the hopper" does not inspire a lot of confidence.

I hope that someone, somehow, someday gets in there and sets things right. There are plenty of people in WDC who know how to entertain, and they're not in the right places.