Chad Matthews Named President, ABC Owned Television Stations
WABC New York GM gets oversight of eight-station group
ABC O&Os Outpace Network
The Walt Disney Co. beat Wall Street expectations for its fiscal third quarter (ended July 3), as total company revenues rose 45% to $17 billion and it posted net income of $923 million. The Media and Entertainment Distribution segment saw revenues gain 18% to $12.7 billion.