DISNEY HAS A GREAT QUARTER — EXCEPT FOR ABC

Overall, Disney had a spectacular second quarter with net income soaring 32 percent. But conspicuously absent from the celebration was the company’s ABC television network, which finished the quarter dead last among the key 18-49 age group. Not only did the company take a hit from lower ratings — and a commensurate drop in ad […]

FOR LIONSGATE, A LOSS NOW, PROFITS LATER

In Hollywood’s latest variant of “it takes money to make money,” Lionsgate, which produced The Hunger Games, one of the biggest hits of the year, reported a loss of $22.7 million in its fourth quarter ended March 31, due in large part to the costs involved in promoting and marketing the film. It also cited […]

NBC’S QUARTERLY RESULTS: NOW THE GOOD NEWS

While on the surface it appeared that NBC Universal experienced another weak fiscal quarter with a 15-percent decline from the same period a year ago, company executives were quick to point out today (Friday) that things were not so bad as they appeared — and that in fact, the quarter represented a big lift in […]