Tuesday, February 09, 2016
'Star Wars' Awakens Disney's Bottom Line
Despite being released just 15 days before the end of the fiscal quarter, 'Star Wars: The Force Awakens' helped Walt Disney Studios post a record $1 billion in first-quarter (ended Jan. 2) operating income, up 86% from operating income of $537.6 million during the previous-year period. Revenue increased 46% to $2.7 billion from $1.8 billion. It was the studio’s most-profitable quarter ever.
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