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Tue 5 May 2015 05:30 PM

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Disney revenue rises 7% to $12.46bn

Higher ad sales and fees from its media networks business and an increase in spending by visitors at its theme parks helped boost earnings

Disney revenue rises 7% to $12.46bn

Walt Disney Co reported a 7 percent rise in quarterly revenue, helped by higher ad sales and affiliate fees in its media networks business and an increase in spending by visitors at its theme parks.

Net income attributable to Walt Disney rose to $2.11 billion, or $1.23 per share, in the second quarter ended March 28, from $1.92 billion, or $1.08 per share, a year earlier.

Revenue rose to $12.46 billion from $11.65 billion.

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