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