Disney's profit surges in first quarter but revenue dips amid struggles in media networks
by Daniel Miller, Los Angeles Times
Feb 06, 2018
2 minutes
LOS ANGELES - Walt Disney Co. delivered stronger than expected profits in the first quarter - thanks partly to a federal tax cut - but its revenue dipped as the Burbank company saw continued declines at its ESPN cable channels and ABC broadcast network.
The Burbank company reported net income of $4.42
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