Disney profits up 54% in first quarter

TV News: TV ads, 'Tron' boost earnings to $1.3 billion -- Profits at Disney rose a whopping 54% coming in at $1.3 billion during the company's first quarter, thanks to strong advertising spending at the company's broadcast and cable networks, hits like "Tron: Legacy" and "Tangled" at the film studio and consumers visiting the Mouse House's theme parks in droves over the holidays.

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Source: http://www.variety.com/article/VR1118031762?categoryid=13&cs=1&cmpid=RSS|News|TVNews