Disney profits up 20% on strength of theme parks

Posted Wednesday, August 11, 2004 12:10 PM | Contributed by Jeff

A jump in theme park attendance and growth in cable networks boosted the media giant's profits by 20 percent in the third quarter. Disney earned $604 million, or 29 cents per share, for the quarter ended June 30, compared with $502 million, or 24 cents per share, in the same period last year, the company reported Tuesday.

Read more from MSNBC.

Wednesday, August 11, 2004 1:07 PM
Sounds like the final coffin nail for Roy.
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Wednesday, August 11, 2004 5:57 PM
Sadly, the days of long park hours and full staffing for their shows have felt a final nail too. As much as I love Disney, it is definatley not the same place it was pre-Eisner!
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Wednesday, August 11, 2004 7:03 PM
That doesn't seem to be stopping people from going to the parks.
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Wednesday, August 11, 2004 7:18 PM
Not Yet.
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Wednesday, August 11, 2004 9:27 PM
Good point!

I myself am going in December for 2-3 weeks! I'm a mouse geek I guess! It is not what it was, but still better than most! What can you do?

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Friday, August 13, 2004 10:00 AM
After going the past couple of years, it just isn't holding up for me anymore. Obviously, Mission:Space is helping and building new rides (thanks to the new teams overseeing the parks after the last crew gutted the maintenance budgets). It will take a little longer to regain the magic, but this is a good sign it's coming back. After a co-worker swore never to go back after last year (the characters left the sign-ins on time and left a lot of kids on line upset as to why they couldn't get their signatures), I wonder if this is only a temporary spike.
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