Disney CFO projects operating income growth at cable networks

Reuters

Walt Disney Co's cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday.

"We feel very good about the long-term growth of our cable business," Rasulo said at a meeting for investors at its ESPN headquarters in Bristol, Connecticut.

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(Reporting by Lisa Richwine; Edited by Ronald Grover and Andre Grenon)