Profits To Drop Sharply For MSG Media Chinese Firm Could Buy Infront Media Hammon Headlines espnW's "Impact 25" Nike Reports Relatively Strong Q2 Alexi Lalas Leaves ESPN For Fox Sports "MNF" Down On ESPN For Saints-Bears Glazer Continues To Be Critical Of ESPN MLS Cup Finale Sees Audience Bump ESPN's LaPlaca Honored With PR Award ESPN To Sell Ads Via Web-Based Auction
THE BEAUTY OF THE MARKET BEAST: DISNEY'S EARNINGS UP
Published November 19, 1997
Walt Disney Co.'s fourth-quarter net income rose "nearly" 18%, according to Bruce Orwall of the WALL STREET JOURNAL. The company reported net income of $411M, or $0.60 a share, on revenue of $5.52B for the quarter ended September 30, compared to net income of $349M, or $0.51 a share, on revenue of $5.27B a year ago (WALL STREET JOURNAL, 11/19). ESPN "was a particular bright spot" and the company's retail operations "marked significant same-store gains" (Carl DiOrio, HOLLYWOOD REPORTER, 11/19).