New York - The Walt Disney Company said Wednesday that earnings rose in the third quarter led by profits from its theme parks and cable television networks.
Net profits rose 9 per cent to 1.3 billion dollars, or 66 cents per share, including one-time profits, from 1.2 billion, or 58 cents per share, in the year-earlier period. Nearly half the profit came from the purchase and sale of subsidiaries, including the acquisition of Disney Stores North America and the sale of movie. com.