Disney to significantly back off capital expenditures in 2013

Posted Friday, September 21, 2012 10:18 AM | Contributed by VitaminsAndGravy

The Walt Disney Co. has been spending lots of money to improve its theme parks and cruise line, but the media conglomerate will see a "significant" drop in capital expenditures in 2013, CFO Jay Rasulo said Thursday.

Read more from The Hollywood Reporter.

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