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Disney theme parks being hit by hard times.

November 6, 2008 – 7:09 pm – No Comment

You know times are bad when the happiest place on earth isn’t doing the business it used to. Disney’s net earnings were down from $.44 a share to $.40 a share from last year’s fourth quarter.
Walt Disney Co. said today that bookings for its theme …

NBC Universal to cut $500 million from next year’s spending

October 19, 2008 – 2:28 am – No Comment

Things aren’t looking good for a lot of American companies, and NBC Universal is bracing for another difficult year. It plans on cutting what amounts to 3% of its total budget. A memo from CEO Jeff Zucker says that the cuts from the …

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