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Walt Disney (NYSE:DIS) beat the Street late Tuesday with a 32% leap in fiscal second-quarter earnings as the media behemoth enjoyed a solid increase in revenue at its parks and resorts division.Shares of the parent of ABC and ESPN bounced between gains and losses in after-hours action following the stronger-than-expected results.Disney reported net income of $1.51 billion, or 83 cents a share, last quarter, compared with a profit of $1.14 billion, or 63 cents a share, a year earlier.Excluding one-time items, it earned 79 cents a share, exceeding consensus calls from analysts by two pennies.Revenue jumped 10% to $10.55 billion, narrowly topping the Street's view of $10.49 billion.In another positive sign, free cash flow more than doubled in the quarter to a whopping $1.59 billion from $335 million the year before."Our results reflect our successful strategy, the strength of our brands and the value of our high-quality creative content, all of which continue to drive long-term growth and...
FBN’s Shibani Joshi on Walt Disney CEO Robert Iger ’s 20% rise in pay in 2012 to more than $40 million.
Walt Disney Co. (DIS) Chief Executive Robert Iger received overall compensation valued at $40.2 million for 2012, an increase of 20% over the year prior, according t...
Disney (NYSE:DIS) lifted its annual cash dividend by 25% late Wednesday, joining a slew of companies that have either accelerated dividends or declared special payou...
Walt Disney Co.'s (DIS) fiscal fourth-quarter income improved 14% as the company posted continued growth from its theme parks and media networks on the heels of a mu...
Walt Disney Co. (DIS) has agreed to acquire Lucasfilm Ltd. in a stock and cash deal worth $4.05 billion, a move that adds the Star Wars franchise to the media giant'...
Luke Skywalker, Princess Leia and Darth Vader are joining Mickey Mouse, Donald Duck and the Lion King as properties of the vast Walt Disney (NYSE:DIS) media empire.D...
Actor Tony Danza on his experience as a high school English teacher and new book, “I’d like to Apologize to Every Teacher I Ever Had”.
Walt Disney (NYSE:DIS) beat the Street late Tuesday with a 24% leap in fiscal third-quarter net income, but like many other large multinationals the media giant's re...
FBN’s Dennis Kneale on media executives’ compensation compared with head honchos in the financial sector.
Walt Disney Co.'s (NYSE:DIS) second-quarter financial results impressed, as the company saw profit grow 21% on improved advertising rates at the company's cable and ...
Shareholders of Walt Disney Co. (DIS) Tuesday cast a vote of confidence for Disney board members and executives, helping the media company avoid a potential showdown...
The Walt Disney Co. (NYSE:DIS) reported mixed first-quarter results Tuesday, driving shares lower in after-hours trading, as earnings per share beat Wall Street’s ex...
Videogame publisher Activision Blizzard Inc's Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid ...
Walt Disney Co.'s (NYSE:DIS) release of a much-hyped videogame, "Disney Infinity," has been pushed to August from June, the company said.The game, which combines on-...
Walt Disney Co. (DIS) shareholders at the company's annual meeting defeated two proposals challenging aspects of its corporate governance practices, but only narrowl...
Connecticut Treasurer Denise L. Nappier called on Walt Disney Co. (DIS) to separate its chief executive and chairman positions, saying the entertainment giant has de...
Kicking off earnings season in the big-media world on a positive note, Walt Disney (NYSE:DIS) weighed in on Tuesday with a lighter-than-expected 6% dip in fiscal fir...
The fourth-quarter earnings parade continues next week, with Walt Disney Co. (DIS) and several media companies and Web firms among those slated to release their late...
FBN’s Dennis Kneale compares Walt Disney CEO Robert Iger ’s pay with the company’s total shareholders’ returns.
