May 25, 2013

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Walt Disney Company Earn 40% Increases in 3Q Profit with the Help of ESPN and Toy Story 3, Iron Man 2 and Alice in Wonderland

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Profit soared nearly 40 percent at the Walt Disney Company in its most recent quarter, propelled by three blockbuster movies, strong merchandise sales and growth at ESPN. The media giant reported a 40% jump in earnings to $1.3 billion, up from $954 million a year earlier. Revenue reached $10 billion for the three-month period ending [...]