ESPN, Disney Channel Bright Spots In Disney's Weak Quarter

ESPN, Disney Channel Bright Spots In Disney's Weak Quarter

The bright spot for the entertainment conglomerate is the same one you see at every media giant these days: Disney's cable business. Revenue at ESPN and the Disney Channel was up four percent and operating income was up five percent. That's because those powerhouse channels have locked in payments from cable operators that show up regardless of the economy's state.

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