September 22, 2015
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Walt Disney Co.’s parks and resorts segment reported higher quarterly and annual revenue—the only one of the entertainment giant’s four business units to do so.
Walt Disney Co.’s Parks and Resorts Segment had $1.2 billion in operating income on revenue of $4.9 billion in the Burbank-based entertainment company’s most recent quarter, growth of 18% and 12%, respectively.
Walt Disney Co.’s parks and resorts unit led a revenue increase at the Burbank-based entertainment company in its most recent quarter.
The parks and resorts division of Walt Disney Co. in Burbank had quarterly operating income of $1.1 billion on revenue of $4.6 billion, up 13% and 6% compared with the same period last year.
Walt Disney Co. in Burbank earned $2.6 billion on revenue of $14.3 billion in its most recent quarter, up from $2.5 billion on $13.1 billion for the same period last year.
The Disneyland Resort in Anaheim could benefit from an investment its Burbank-based parent Walt Disney Co. has made in a virtual reality filmmaker.