More on Disney's FQ1: Revenue at the company's Parks and Resorts division and Media Networks both rose 7% Y/Y, while Studio Entertainment slipped 5%. ESPN saw higher programming costs push profit lower than a year ago. Increased spending at parks helped offset some expansion costs. As forecast, capex spending in parks, resorts, and other properties fell off 14% to $534M. DIS +1.6% AH. (PR .pdf)
More on Disney's FQ1: Revenue at the company's Parks and Resorts division and Media Networks...
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