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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
CAPE CANAVERAL, Fla. (AP) — The first astronauts to ride a SpaceX capsule into orbit are headed toward a splashdown Sunday in the Gulf of Mexico to close out their two-month test flight.It will be the first splashdown in 45 years for NASA astronauts and the first return in the gulf. Florida's Atlantic coast is starting to see the effects of Tropical Storm Isaias. But waves and wind are calm near Pensacola in the Florida Panhandle.Test pilots Doug Hurley and Bob Behnken departed the International Space Station on Saturday night. They awoke to a recording of their young children urging them to “rise and shine.” 624

CARLSBAD, Calif. (KGTV) -- If you haven’t yet seen the spectacularly colorful Carlsbad Flower Fields in person, this weekend is your last chance for the season. The Flower Fields at Carlsbad Ranch are set to close for the season on May 13. The nearly 50 acres of Tecolote Ranunculus flowers have been in bloom since March.According to the ranch’s website, the best time to behold the beauty is from mid-March through mid-April.The fields are a result of more than 85 years of cultivation that began when an early settler, Luther Gage, settled in the area in the 1920s.Adult tickets are and tickets for children three through 10 cost . Click here for more information. 686
CAPE YORK, Australia – Australian scientists say they’ve discovered a massive new coral reef that’s taller than the Empire State Building.The scientists were aboard a research vessel exploring the sea when they found the detached structure in the Great Barrier Reef last week, according to a press release from the Schmidt Ocean Institute.The institute says the “blade-like” reef is the first to be discovered in over 120 years.On Sunday, the institute’s team conducted a dive using an underwater robot to explore the new reef and learned that it's more than 500 meters high, the base is about 1.5 kilometers wide and it rises to its shallowest depth of only 40 meters below the sea surface.The newly discovered reef adds to the seven other tall detached reefs found in the area since the late 1800s.“This unexpected discovery affirms that we continue to find unknown structures and new species in our ocean,” said Wendy Schmidt, co-founder of Schmidt Ocean Institute. “The state of our knowledge about what’s in the ocean has long been so limited. Thanks to new technologies that work as our eyes, ears and hands in the deep ocean, we have the capacity to explore like never before. New oceanscapes are opening to us, revealing the ecosystems and diverse life forms that share the planet with us.”This isn’t the institute’s first big discovery of the year, though. In April, scientists also discovered the longest recorded sea creature–a 45-meter siphonophore in Ningaloo Canyon, in addition to up to 30 new species.“To find a new half-a-kilometer tall reef in the offshore Cape York area of the well-recognized Great Barrier Reef shows how mysterious the world is just beyond our coastline,” said Dr. Jyotika Virmani, executive director of Schmidt Ocean Institute. “This powerful combination of mapping data and underwater imagery will be used to understand this new reef and its role within the incredible Great Barrier Reef World Heritage Area.” 1957
CBP officers later extracted approximately 3,014 pounds of methamphetamine, 64 pounds of heroin, 29 pounds of fentanyl powder, and almost 37 pounds of fentanyl pills, worth an estimated .2 million. 207
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