DISNEY REPORTS SOLID QUARTER — DESPITE JOHN CARTER

That $300-million John Carter bomb that brought down Rich Ross, the head of Walt Disney Studios, turned out not to be the disaster that many analysts had reckoned it would be. According to the Disney Co.’s quarterly report, the company wound up with a 21-percent increase in profit during the quarter to $1.14 billion, from […]

LIONS GATE REPORTS QUARTERLY LOSS

Lions Gate Entertainment’s battle with activist investor Carl Icahn is drawing blood — its own, it would seem. The company on Monday posted a first-quarter loss of $64.1 million, $7.3 million of which was attributed to “corporate defense costs related to shareholder activist activities.” It reported a net profit of $35 million for the comparable […]