Disney income up 24%

2012/08/08: Walt Disney has reported a strong third quarter, on the back of blockbuster films.

Overall revenue rose 4 per cent to $11.1 billion, operating income grew 18 per cent to $3.2 billion and net income was up 24 per cent to $1.8 billion in the period. Almost all of that growth was driven by its movie studio, which reported a six-fold increase in operating income to $313 million while revenue remained flat at $1.6 billion.

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