Walt Disney Co.: The Burbank entertainment conglomerate’s...
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From Times Staff and Wire Reports
Walt Disney Co.: The Burbank entertainment conglomerate’s first-quarter income fell 2% to $170.4 million on revenue that surged 16% to a record $1.49 billion. The company said it enjoyed strong growth in its film and consumer products divisions, but its theme park earnings declined because of softness in domestic tourism.
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