Profits fall sharply

jmarc63

New Member
Original Poster
The Walt Disney Company is a diversified worldwide entertainment company, operating in 4 segments: Media Networks, Parks and Resorts, Studio Entertainment and Consumer Products. For the 6 months ended 3/31/02, revenues fell 4% to $12.95B. Net income before accounting change totaled $697M vs. a loss $325M. Results reflect lower ratings and advertising rates at ABC television, offset by the absence of $1.19B of special charges
 

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