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Earnings Report

ESPN Concerns Drag on Disney, Shares Dip

A decline in subscribers and higher programming costs at cash-cow ESPN weighed on shares of Walt Disney on Tuesday, overshadowing a quarterly profit that topped Wall Street estimates.

ESPN Concerns Drag on Disney, Shares Dip

A decline in subscribers and higher programming costs at cash-cow ESPN weighed on shares of Walt Disney on Tuesday, overshadowing a quarterly profit that topped Wall Street estimates.