Theme parks, nets offset Disney film losses

July 30, 2008 Iger's comments came while discussing Disney's quarterly earnings with Wall Street analysts, one of which was interested in the conglomerate's music business, which Iger said "has turned into quite a nice success story." Iger also offered some unsolicited advice to SAG, suggesting that a work stoppage would be "unpopular" while wondering aloud why SAG leadership should expect a better offer than other guilds are getting. Disney blamed weak broadcasting results on lower ad sales at the owned TV stations, though revenue at ABC was comparable to a year ago because of higher advertising and digital-media revenue offsetting lower ratings.

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