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[14 Feb 2014 | No Comment | ]
Success of ‘Frozen’ Leads to Strong First Quarter Earnings Report by The Walt Disney Company

The Walt Disney Company released its first quarter earnings report for the first fiscal quarter of 2014 and profits were up 33 percent for the quarter that ended on December 28, 2013.
Walt Disney Studios reported a 75 percent increase in operating income to $409 million. Studio revenue increased 23 percent to $1.9 billion.
These increases were due mostly to the success of Marvel’s Thor: The Dark World which earned $633.1 million in global box office sales, and the worldwide success of the monstrous hit Frozen which is on track to earn …