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Disney reports Q1 operating profit down 9% YoY to $4.6B, weighed down by high movie production costs and a 15-day YouTube TV carriage dispute that cost $110M (Brooks Barnes/New York Times)

Mediagazer · last updated

Brooks Barnes / New York Times:
Disney reports Q1 operating profit down 9% YoY to $4.6B, weighed down by high movie production costs and a 15-day YouTube TV carriage dispute that cost $110M  —  Per-share quarterly profit declined 7 percent from a year earlier despite revenue growth from the company’s streaming and cruise businesses.

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