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

Animation Magazine - - Frame- By- Frame -

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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