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More on Disney's FQ3 report

  • Disney (DIS) segment revenue: Parks and Resorts +7% to $3.68B; Studio Entertainment -2% to $1.59B; Media Network +5% to $5.35B; Consumer Products +4% to $775M.
  • Increased affiliate revenue and higher ad rates offset higher programming and production costs for the company's cable networks.
  • Theme park guest spending was boosted by new guest offerings and the MyMagic+ wristband initiative.
  • Film revenue was solid, but ran into a tough comparable with last year's The Avengers a record-setter.(PR)
  • DIS +0.4% AH.
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