Indian DTH Community Forums
General News: Q2-16: Disney income up 10 percent aided by ESPN performance, studio entertainment - Printable Version

+- Indian DTH Community Forums (https://www.indiandth.in)
+-- Forum: Cable TV and FM Radio Services (https://www.indiandth.in/Forum-Cable-TV-and-FM-Radio-Services--23)
+--- Forum: Television News (https://www.indiandth.in/Forum-Television-News)
+--- Thread: General News: Q2-16: Disney income up 10 percent aided by ESPN performance, studio entertainment (/Thread-General-News-Q2-16-Disney-income-up-10-percent-aided-by-ESPN-performance-studio-entertainment)



Q2-16: Disney income up 10 percent aided by ESPN performance, studio entertainment - charger - 05-11-2016

BENGALURU: The Walt Disney Company Inc (Disney) reported 9.8 percent year-over-year (y-o-y) increase in operating income for the quarter ended 2 April 2016 (Q2-16, current quarter) as compared to the corresponding year ago quarter. Operating income in the current quarter was $3,822 million as compared to $3,482 million in Q2-15 (quarter ended 28 March 2015).
The company saw an increase of $340 million in operating income in its current quarter vis-à-vis the corresponding prior year quarter. Its Media Networks segment reported operating income of $198 million, while its Studio Entertainment segment reported operating income of $115 million.

Disney’s Media Networks segment’s sub-segment Cable Networks of which ESPN is a part saw 12.3 percent y-o-y increase in operating income. The increase at ESPN was partially offset by lower equity income from A&E Television Networks says Disney.
Disney reported 4.1 percent y-o-y growth in revenue in Q2-16 at $12,969 million as compared to $12,461 million in the corresponding prior year quarter. Growth in revenue of $508 million was contributed to by $168 million and $377 million growth by Disney’s ‘Parks & Resorts’ and ‘Studio Entertainment’ segments respectively.
http://www.indiantelevision.com/television/tv-channels/english-entertainment/q2-16-disney-income-up-10-percent-aided-by-espn-performance-studio-entertainment-160511