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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

California political activist and billionaire megadonor Tom Steyer joined a group of protestors outside Republican Congressman Darrell Issa's Vista office Tuesday morning. Just days ago Steyer made headlines and drew criticism from President Trump himself  after he used  used million of his own money to start running television ads calling for Trump's impeachment.  399

CHICAGO, Ill. -- The IRS says it has issued more than 159 million stimulus payments in just over two months. About 0 billion has been dispersed via direct deposit, paper check and pre-paid debit cards. Yet, even today there are countless eligible Americans who say they’ve fallen through the cracks.In New York state, Hanna Brandow has no idea why she hasn’t gotten a stimulus payment.“My sister and I who both have not gotten the check yet. We did our taxes this year and got our returns already,” said Brandow. “So, it's very strange.”In California, Alexis Lopez is also in limbo.“For most people, it was like 'this person got it, this person got it,' said Lopez. "I was like, ‘well maybe there's some delay with mine.’ No big deal.”And in Ohio, Karen Melroy is also stuck in in stimulus purgatory.“I received my refund by a direct deposit,” said Melroy. “So, there's no reason I can think of why I shouldn't have received one.”All of them say they get the same message when checking on the IRS website.“I normally add a few more expletives to mine when I see it, but it's something to the effect of payment status not available,” said Melroy.It turns out they’re not alone. Those four words: "payment status not available" are exasperating countless Americans who appear otherwise eligible for payments but have not been paid and can’t get answers as to why.“The IRS obviously was very rushed and even when the government takes a year and a half to do a computer system, there are problems with it,” said Robert Probasco, director of the tax clinic at Texas A&M University.In May the IRS added 3,500 telephone representatives to help with problems, but most can only provide general information.“I found this like nine-step guide of how to get a human on the phone at the IRS. I did it twice and hit a dead end,” said Brandow.Because IRS offices remain closed due to the pandemic, the agency tells us that call center agents are working from home. That means they don’t have access to secure personal information specific to each case.“This was designed poorly obviously because it doesn't tell you which of those things happen and if it is a glitch, it doesn't tell you what kind of a glitch,” said Probasco.The IRS is doing a phased reopening at key processing sites and call centers.The IRS tells us some employees have returned to work in Kentucky, Texas and Utah. They say they will follow state and local guidelines as employees return to work in Georgia, Tennessee, Missouri, Michigan and by the end of June in Indiana, Ohio, California, Oregon and Puerto RicoBut if you can’t get your payment issue resolved by the end of the year, you may have to claim your unpaid stimulus assistance on next year’s tax return as a credit.“That doesn't help me today,” said Melroy.That's a sentiment many like Alexis Lopez share as they struggle to rebound financially from the pandemic.“You're left in limbo wondering, 'am I ever going to get this stimulus check that most Americans received?' And I'm in the minority that has not and there's no answers,” she said.The agency says for case-specific information ,the appropriate number to call remains 800-829-1040. Otherwise, you could call your local IRS office and even set up a face-to-face meeting once they reopen. 3281

CHICAGO (AP) — Americans are more unhappy today than they’ve been in nearly 50 years.That's according to the COVID Response Tracking Study, conducted in late May by NORC at the University of Chicago.The survey finds that just 14% of American adults say they’re very happy, down from 31% who said the same in 2018.The survey draws on nearly a half-century of research from the General Social Survey, which has collected data on American attitudes and behaviors at least every other year since 1972.No less than 29% of Americans have ever called themselves very happy in that survey.Researchers say the COVID-19 pandemic has led to two seemingly contrasting shift in public opinion: More Americans are unhappy and pessimistic about the future than in previous decades, but more are relatively satisfied financially.“In combination, these results suggest that people are comparing their finances to that of fellow Americans hurt by the economic fallouts from the pandemic while contrasting their happiness to their own mood prior to the outbreak,” the study says. 1068

CHICAGO, Ill. – A star of the Netflix show “Cheer” has been arrested and charged with producing child pornography.The U.S. Attorney’s Office for the Northern District of Illinois said in a press release Thursday that Jeremiah (Jerry) Harris used a social media app to repeatedly entice an underage boy to produce and send sexually explicit videos and photos of himself.A criminal complaint filed in U.S. District Court in Chicago shows the victim informed Harris that he was 13 years old during their initial encounter online.Harris, a Naperville resident, was taken into custody Thursday morning on the one count of producing child pornography, according to the U.S. attorney’s office.Production of child porn is punishable by a minimum sentence of 15 years in prison and a maximum of 30 years.Harris is scheduled to make an initial court appearance Thursday afternoon before U.S. Magistrate Judge M. David Weisman in Chicago.Law enforcement is continuing to investigate. If you believe that you or someone you know was a victim of sexual exploitation by Harris, you’re encouraged to call the FBI Chicago Field Office at (312) 421-6700.Harris received national attention earlier this year when appearing on the docuseries “Cheer,” which followed a nationally ranked cheer team from Corsicana, Texas. 1308