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BURBANK (CNS) - The Walt Disney Co. reported sharp year-over-year third-quarter revenue drops today, thanks in part to the coronavirus-prompted closure of its theme parks, but the success of its streaming services, most notably Disney+, gave the Burbank company a needed boost.Disney reported third-quarter revenue of .8 billion, a 42% drop from last year's third quarter, but still ahead of industry expectations.Revenue losses were fueled largely by the closure of Disney parks worldwide, with the company's Parks, Experiences and Products segment seeing an 85% revenue drop from the third quarter of last year. The only Disney segment not to report a drop in revenue was the Direct-to-Consumer & International segment, which showed a 2% gain.In terms of operating income, the company's Media Networks showed a 48% jump.``Despite the ongoing challenges of the pandemic, we've continued to build on the incredible success of Disney+ as we grow our direct-to-consumer businesses,'' Disney CEO Bob Chapek said in a statement. ``The global reach of our full portfolio of direct-to-consumer services now exceeds an astounding 100 million paid subscriptions -- a significant milestone and a reaffirmation of our DTC strategy, which we view as key to the future growth of our company.''The company's streaming services are Disney+, ESPN+ and Hulu, with Disney+ representing more than half of the empire's 100 million subscribers, according to the company.Disney reported diluted earnings per share of 8 cents, down from .34 in the same quarter last year.The company had originally planned to reopen its Disneyland and California Adventure theme parks in Anaheim on July 17, but those plans were scrapped as the state saw a surge of coronavirus cases. That surge prompted a delay in the state's release of operating protocols for large venues such as theme parks.The Downtown Disney shopping and entertainment district reopened to the public on July 9, although some individual businesses remained closed. 2016
CHICAGO, Ill. – The national conversation continues to be dominated by the state of race relations in the United States. Five decades after the civil rights movement, there is still division.Naomi Davis and Sherrilynn Bevel both lived through that groundbreaking era and have insightful perspectives on how the country should move forward with a focus on racial equality.“I grew up in St. Albans Queens, where mom is the president of everything and all the lawns were cut and all the kids were college-bound and it was Martin, it was Malcolm and it was all great things were possible,” said Davis, the CEO of Blacks in Green on Chicago’s South Side.Davis says her organization has set out to fulfill a vision for self-sustaining Black communities.“We have a mission to create walk to work, walk to shop, walk to learn, walk to play villages, where African-American families own the property, own the businesses,” said Davis.Bevel is a nonviolence trainer, as well as the daughter of iconic civil rights pioneers and freedom riders Diane Nash and James Bevel. Both fought for desegregation and civil rights alongside Dr. Martin Luther King Jr.“My father always talked about creating dramas that allow people to see themselves and have to decide who they were in the bigger picture,” said Bevel.Her father was with Dr. King in Memphis and witnessed his assassination in April 1968.“After I was born even, the civil rights workers were finding there will be small communities where Black men's bodies were found in cotton fields and that kind of thing and my mother shared that she had spent like days trying to convince somebody from one of the wire services to come down and report on a body that they had found,” said Bevel. “And it just wasn't news. It wasn’t news.”Both women point to education and more listening as the core path to resolution and coexistence.“We haven't been serious for a long time about educating our citizens,” Bevel said. “And I don't just mean Black and brown people in the inner cities. We have these pockets of rural America where young poor and working-class whites do not understand where their interests run right in line with other working people of color.”Davis says the path forward is a reckoning where the disenfranchised finally get priority at the front of the line, either through reparations or systematic redirection of resources.“That's the math of it,” said Davis. “If you're going to solve for disparity,
CHICAGO (AP) — An attorney for a U.S. Army special forces sergeant arrested in what authorities are calling an apparently random shooting at an Illinois bowling alley that left three dead has told an initial hearing that her client may suffer from post-traumatic stress disorder. Duke Webb appeared in a Winnebago County courtroom in Rockford Monday. He faces three counts of murder and three counts of first-degree attempted murder in the shooting at Don Carter Lanes, in Rockford, on Saturday. According to The Associated Press, the three men who died were aged 73, 65, and 69.The AP reported that two teenagers were wounded - a 14-year-old boy was shot in the face, a 16-year-old girl was shot in the shoulder, and a 62-year-old man who was shot several times.His lawyer also told the court Webb appeared to have issues with memory loss and that he'll undergo mental health evaluations. A judge denied Webb's bond and set his arraignment for Feb. 16. The Army says Webb had four deployments to Afghanistan, the last ending in July. 1042
CALEXICO, Calif. (KGTV) -- U.S. Border Patrol agents arrested an El Salvadoran citizen Wednesday they say is a previously deported sex trafficker.Agents say Gloria Reyes-Lopez, 62, (pictured below) was arrested after Border Patrol agents noticed her illegally enter the United States at the El Centro sector around 7:30 Wednesday night.After her arrest, Reyes-Lopez was taken to the Calexico station for processing.“This individual is a convicted felon who preyed on young, innocent children,” said Assistant Chief Patrol Agent David S. Kim. “The men and women of the U.S. Border Patrol are this country’s first line of defense against threats like this.”Reyes-Lopez will be prosecuted for re-entry after removal, according to authorities. 752
Car drives through protesters, Times Square, New York City, Thursday, September 3, 2020 pic.twitter.com/yMadwNYJSI— DataInput (@datainput) September 4, 2020 165