Disney's TV Unit Reports Flat Income


The Walt Disney Co. reported a 55% increase in net income, to $953 million, and a 6% revenue rise, to $8.6 billion, in its fiscal second quarter, driven by the success of its movie operation and the release of Alice in Wonderland.

In contrast, income at the company's TV division, which includes cable networks ESPN and Disney and the ABC broadcast network, was flat at $1.3 billion.

Click here to read the full quarterly earnings release.