Animation Magazine

FEATURES Disney Posts Strong 2nd Quarter Earnings of $2.1 billion

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The Walt Disney Co. exceeded expectatio­ns in reporting second-quarter earnings of $2.1 billion.

Overall revenues rose 7 percent to $12.5 billion. Breaking down revenue into segments, studio entertainm­ent revenues were down 6 percent to $1.7 billion, with income from Big Hero 6 falling short of the high mark set in this quarter last year by Frozen.

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