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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
By now you’ve?heard: WB?isn’t going to?Hall H?this?year. We’re so sad to miss you there! And waiting until Dec. to start our official?#WW84?campaign in full--??But the truth is… we can just… barely… wait… pic.twitter.com/QllFzhYRA6— Patty Jenkins (@PattyJenks) June 5, 2019 287
Cat owners in a small New Zealand village have been given paws for thought after a local council pledged to carry out a ban on the animals.According to a "pest plan" put forward by Environment Southland, cat owners in Omaui, on the country's South Island, will have to neuter, microchip and register their cats with local authorities.The proposal states that when the cat dies, owners will not be allowed to purchase a new one."There's cats getting into the native bush; they're preying on native birds, they're taking insects, they're taking reptiles -- all sorts of things," biosecurity operations manager Ali Meade told the Newshub news service."They're doing quite a bit of damage."The proposal is also being backed by Omaui Landcare Charitable Trust Chairman John Collins, who says removing cats from the area would enable native animals to thrive.''We're not cat haters, but we want our environment to be wildlife-rich," he told the Otago Times.''Native wildlife is disappearing rapidly around the country and places like this where people still live and enjoy and hear the birdsong are probably few and far between,'' Collins said.Submissions on the Southland regional pest management plan close on October 23.New Zealand is currently embarking on an ambitious plan to become predator-free by 2050 with plans to eradicate species of possums, stoats and rats.The-CNN-Wire 1385
CARLSBAD, Calif. (KGTV) - Carlsbad neighbors banded together to finish the hike of a woman who was stabbed to death in Hosp Grove Park.Dozens of hikers descended upon the trail Saturday afternoon, honoring 68-year-old Lisa Thorborg.Thorborg was walking or jogging, according to police, between 10 a.m. and 11 a.m. on Monday when she was attacked.RELATED: Carlsbad police: Woman found dead on hiking trail was stabbed to death"We loved her, though many of us didn't know her. I didn't know her personally, but you could definitely tell she had a sweet spirit," Neighbor Theresa Dooley said.Dooley said she was shocked and deeply hurt by the news. She said neighbors had been discussing what happened on the Nextdoor app and organized a walk for Thorborg."Some would like to finish the walk she began, some of us might walk various areas of the park here," Dooley said.Dooley said they wanted to wash away the fear surrounding the park, "we don't want our parks taken away from us, we don't want to live in fear, we want to be able to enjoy this, we want families to be able to come out here."Dooley added she will be taking precautions now when she hikes, "as women, it's probably important to have a partner with us, someone that we're hiking with."A tipster led investigators to identify a suspect as white or Hispanic, 5 feet 10 inches to 6 feet 3 inches tall, with a husky build and a tan complexion with dark hair. The tipster told police the man was wearing a black shirt, black shorts, and possibly a black hat, and he was walking slowly with a slight shuffle or limp.Anyone with information on the case or who was in the area of Hosp Grove Trail East, between 10 a.m. - 12 p.m., is asked to call Carlsbad Police at 760-931-2165. 1743
CARLSBAD, Calif. (KGTV) - The purchase of a dream home nearly turned into a nightmare for a Carlsbad family, as they narrowly avoided a costly escrow scam.In late July, Greg Shoman and his wife were just days from closing on a four-bedroom home when he thought he got an email from his escrow officer with wiring instructions for the down payment to be sent that day. In the email, the escrow officer said she was busy and could only talk by email, before sending him a calculation of the closing costs. "You see so many emails and documents during the process, and you start to become numb to it ... Everything on the email - from the masthead to the signature - looked like the emails we had been receiving from the escrow company during the process," said Shoman.Shoman went to his bank to wire the money. His bank happened to be the same bank the money was to be transferred to, and the bank confirmed the routing number matched a non-business account in Wisconsin, not a California escrow company. After a call to the real escrow company, he learned the emails were fakes."Surprised and angry, and then ultimately relieved you didn't give away several hundred thousand dollars," said Shoman. Shoman isn't alone. According to the FBI, Americans lost 0 million to real estate fraud last year. In many cases, the scammer identifies pending home sales through the MLS and real estate sites and hacks the emails of someone involved in the sale, before sending out false wiring instructions."Be aware, be vigilant, and call your escrow company. Don't be afraid to triple check," said Shoman's realtor, Ilana Huff of Pacific Sotheby's.Shoman says the FBI is investigating his case. He says a closer look at the emails revealed the email address in the scam message was different from the email address of the real escrow officer. 1838