EconWatch.com > Disney's earnings signal good news for the economy

[DailyFinance] Disney's theme park revenue fell only nine percent to $2.75 billion in the quarter. Disney could not cut costs enough to keep operating profit in the unit at a reasonable level so it fell by 19 percent to $521 million.

Previous [Previous] Gateway Pundit: Minus 12... As Economy Crumbles So Does Dea...

Next [Next] President Obama: GDP Shows Economy Headed in Right Direction ....

Some related posts from Technorati and Google.

[Washington Examiner Site Feed] Disney 3rd-quarter earnings expected to dip as ABC, theme parks ...: The company announced in late June that it had reached a deal with the Hong Kong government to expand its park there at a cost of about $465 million. In July, a bus accident and monorail collision, which killed a driver, marred operations at the Walt Disney World theme parks in Orlando, Fla.

[Financial News] Disney profit pulled lower by parks, networks (Reuters ...: The Walt Disney Co posted a 26 percent lower profit on Thursday as the global economic woes pulled down operating profits by double digits at its powerhouse media networks and theme parks.

[Lifthill] Disney reports lower park revenues in Q3 | Lifthill: was primarily due to higher per unit cost of sales, while lower numbers for Disneyland Paris reflected decreased guest spending due to lower average ticket prices and decreased food, beverage, and merchandise spending, as well as reduced hotel occupancy.

[Minyanville] Disney Earnings Look Set to Dazzle-Minyanville: Thorny issues exist -- from declining DVD sales to the enduring mystery of how to best monetize its Internet assets -- but for now, it's hard to grouse about the House of Mouse. On the bright side, the Fed's nationwide survey encompassing 12 regions and known as the “beige book” skipped Chapter 11 and showed a stabilizing if far from stellar economy.

[Breaking News] NY economy still sinking; Paterson says $2.1B deficit means ...: @chadvw NewsGator is going all-business and shuffling the consumer feeds to Google. NetNewsWire still exists, but will sync with Google .

[WalletPop Blog] Secret plans to overhaul Disney World's Fantasyland?: Walt Disney World, which operates under a different budget than Disneyland, has to step up its game if it wants to stay lively. Next year, Universal Studios' Islands of Adventure launches its epic new land, The Wizarding World of Harry Potter, marking it as the most current theme park in a competitive family market.

[BNET Media] Disney: Six Reasons Boring is Good in Bad Times | BNET Media Blog ...: There are six good reasons to think Disney will emerge from the recession more unscathed than its media peers, despite its dependence on consumer and advertiser spending. Disney is first and foremost a cable network company with more than 18 percent of its revenues and nearly three-quarters of its operating profit anchored in economically resistant affiliate fees for the likes of ESPN and the The Disney Channel.

[MiceChat: Featured Disney Blogs] The first signs of Haunt, the LAST signs of Golden Dreams, and ...: The Walt Disney Company reports a 26% drop in profits http://www.latimes.com/business/la-f...,6371914.story. Quote: Parks and resorts, which tend to be slower to respond to and recover from dips in the economy, saw a 9% drop in revenue to $2.7 ... And we also would like to welcome back Sarah Tully, who help start the Around Disney Blog at the OCR. CM's to lose weight for Charity http://ocresort.freedomblogging.com/...of-food/11803/ We wish all the CM's the best of luck, ...

[Disney World Blog Discussing Parks, Resorts, Discounts and Dining | Only WDWorld] Disney World Blog Discussing Parks, Resorts, Discounts and Dining ...: The Walt Disney World Resort Ticketing System explained with current Pricing for Magic Your Way ( MYW ) tickets, Water Park Tickets, Annual Passes, Florida Resident tickets, and more. All of the details in one organized location to get your ticket based questions answered.

[Blog about Louis Armstrong] Blog about Louis Armstrong » Louis Armstrong Park: Jerry Beck sent me a link to some amazing home movies of the 1941 Walt Disney Strike put on line the the collection of a former Disney artist named John Basmaijian 1899-1989. The 8mm footage is unique in that it is SOUND footage, and we hear the street bustle as Walt Disney drives his Packard through the picket lines.

[The Disney Blog] Big Rumors | The Disney Blog: I haven’t studied the blueprint for Fantasyland very carefully, but it doesn’t sound terribly impressive for a major expansion to Disney’s crown jewel park, and Fantasyland is probably its most important spot. Character meet and greets are all fine and good, but scarcely qualify as a true attraction.

[TomSito.com - TOM SITO'S BLOG] TomSito.com - TOM'S BLOG: Jerry Beck sent me a link to some amazing home movies of the 1941 Walt Disney Strike put on line the the collection of a former Disney artist named John Basmaijian 1899-1989. The 8mm footage is unique in that it is SOUND footage, and we hear the street bustle as Walt Disney drives his Packard through the picket lines.

Reflected tags on Technorati: Blog, , , , , ,