Disney profits up 21% in 2nd quarter

Strong growth in the movie studio propelled Disney to a strong second quarter, with operating profit up 21% and revenue gaining 10% over the year-ago period. Studio entertainment profit soared 61% to $377 million due to the marketing and distribution expenses for March 2007 release “Meet the Robinsons” as well as the surprise B.O. showing for the studio’s “Hannah Montana” pic. - From Variety