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3 years ago
Disney CFO projects operating income growth at cable networks
April 17, 2014 / 9:35 PM / 3 years ago

Disney CFO projects operating income growth at cable networks

LOS ANGELES, April 17 (Reuters) - Walt Disney Co's cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday.

"We feel very good about the long-term growth of our cable business," Rasulo said at a meeting for investors at its ESPN headquarters in Bristol, Connecticut. (Reporting by Lisa Richwine; Edited by Ronald Grover and Andre Grenon)

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