Walt Disney profits tumble

Profits at Walt Disney have dived and the entertainment company’s media and film divisions have been hardest hit.

Fri, 31 Jan, 2003 - 09:09

Profits at Walt Disney have dived and the entertainment company’s media and film divisions have been hardest hit.

Profits dropped 42% in the first quarter despite a strong performance at the ABC Television subsidiary and improved attendance at Disney theme parks.

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