Disney's Profits

Up, because there doesn't seem to be any other direction for the Berkshire-Hathaway of entertainment conglomerates.

The Burbank-based entertainment giant [Walt Disney Co.] reported a $1.6-billion profit during the quarter ending Oct. 3, with much of the gains attributed to higher affiliate fees and advertising revenue at the sports broadcaster. Profit from Disney's media networks grew 27% year-over-year. ///

The Burbank-based entertainment giant reported a $1.6-billion profit during the quarter ending Oct. 3, with much of the gains attributed to higher affiliate fees and advertising revenue at the sports broadcaster. Profit from Disney's media networks grew 27% year-over-year. ...

Animation continues to loom large, what with theatrical revenues, rides for the parks, merchandising, etc.

It's not just about money from first-run releases. There are all the other cash streams from the different ancillary markets. And tv product plays ... and plays .... and plays. And then gets rebooted.