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Disney Q1 Profits Soar

DISNEY Q1 PROFITS SOAR: Walt Disney’s net income for the three months ending Jan. 1 rose from $844m to $1.3bn on revenue increases from $9.7bn to $10.7bn, thanks to a stronger advertising market, improved theme park attendance and global demand for Toy Story 3 merchandise. Apart from the recently dismantled interactive division, each of Disney’s business units increased profits. The media networks division, which includes ESPN, was the star performer with operating income up 47% to $1.1bn, thanks to higher advertising and affiliate revenue. Operating income at the U.S. and international parks rose 25% to $468m, driven by better hotel occupancy, increased guest spending and higher attendance. (2/8p)

SONG REVENUE:
’TIS THE SEASON
It's the most wonderful time of the year. (12/8a)
MEDIABASE ’22:
THE BIG RED #1
Red and Gray, more accurately (12/8a)
HIPGNOSIS' LATEST NUMBERS ARE REMERCKABLE
...and mesmerizing. (12/8a)
SWIFT, FUTURE LEAD 2022 RIAA TALLY
Of course they do. (12/8a)
GRAMMY NOMS:
THE LIST
For your consideration (12/6a)
GRAMMY HANDICAPPING
Who's likely to win in the major categories? We have no idea.
THE NEXT BIG PLAYER
in the catalog game is...
TRUMP CORP II
Totally less fraudulent than Trump Corp.
IS IT CHRISTMAS YET?
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