Page last updated at 22:26 GMT, Wednesday, 30 July 2008 23:26 UK

Theme parks animate Disney profit

Shot from a Disney/Pixar film, Wall.E
Disney continues to be involved in box office hits.

Walt Disney shook off concerns about slowing attendance at its theme parks as it reported a 9% rise in quarterly net profits.

Strong results at its ESPN media business also helped it make $1.28bn (£646m) in the three months to June.

The weak dollar boosted the value of takings at Disneyland Paris, as its theme park business profit grew 5%.

But its studio business saw profits drop 49% after poor demand for The Chronicles of Narnia: Prince Caspian.

The results also included costs of Disney-Pixar's recently released Wall-E - which has proved a hit with audiences.

The results, which included revenue up 2% to $9.24bn, were slightly ahead of analysts expectations.

"The real question becomes how are they going to talk about going forward?" said Pali Capital analyst Rich Greenfield.


SEE ALSO
High School Musical lifts Disney
06 Feb 08 |  Business
'Golden age' Disney animator dies
16 Apr 08 |  Entertainment
Disney reveals 3D movie line-up
09 Apr 08 |  Entertainment
US theme parks boost Walt Disney
09 Nov 07 |  Business
Disney to build resort in Hawaii
04 Oct 07 |  Business
Disney's mouse is going digital
13 Jun 07 |  Business
Disney forges deal with Bollywood
12 Jun 07 |  Entertainment
Monsters man 'returns for Pixar'
12 Jun 07 |  Entertainment
Dip in Pirates' box office gold
27 May 07 |  Entertainment

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Get me to the climate summit - but not by plane
Writer Graham Johnson on the Kercher case
How old eyes can be given a fresh lease of life

Explore the BBC

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.
Americas Africa Europe Middle East South Asia Asia Pacific