Walt Disney, which is set to re-release its classic Lady and the Tramp, last night reported a quarterly revenue increase that fell short of Wall Street expectations as media networks and theme parks gained but revenue at its movie studio declined. The operator of television networks ESPN and ABC, led by Robert Iger (inset), posted fiscal first-quarter revenue of $10.8bn (£6.8bn), a one per cent gain from a year earlier. Analysts on average had expected revenue of $11.2bn for the quarter.
REVENUE GROWTH DISAPPOINTS AT DISNEY
Wednesday 8th February 2012, 2:20am
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