Revenues at The Walt Disney Co.'s broadcasting unit (the ABC network, TV
stations, ABC radio and Buena Vista Television) were down 16 percent (pro forma)
to $1.2 billion for the company's fiscal third quarter, ended June 30.
Operating income for the unit was down 69 percent to $76 million.
Disney's cable unit (ESPN Networks, Disney Channel, ABC Family, Toon Disney
and SoapNet) showed a 12 percent operating-profit drop to $212 million on a 1
percent revenue gain for the quarter to $923 million.
The two units combined, which make up Disney's Media Networks segment, showed
a 10 percemt dip in revenue and a 40 percent drop in operating profit.
For the first nine months, Media Networks' revenues were
down 7 percent to just over $7.3 billion with a 47 percent drop in operating
profit to $843 million.