The walt disney company reports third quarter and nine months earnings for fiscal 2020

The walt disney company reports third quarter and nine months earnings for fiscal 2020.excluding certain items affecting comparability, diluted eps for quarter decreased 94% to $0.08.diluted earnings per share (eps) from continuing operations for quarter was a loss of $2.61.qtrly revenues $11.78 billion versus $20.26 billion.walt disney - impact of covid-19 are affecting segments in a number of ways, most significantly at parks, experiences and product.experienced disruptions in production and availability of content.walt disney - impact in current quarter from covid-19 was about $3.5 billion adverse impact on operating income at parks, experiences and products segment.negative impact at parks, experiences and products was partially offset by a positive impact at media networks in quarter.current quarter charges included $4,953 million of impairments of goodwill and intangible assets at international channels business.media networks revenues for quarter decreased 2% to $6.6 billion.cable networks revenues for quarter decreased 10% to $4.0 billion.disney+ paid subscribers at quarter-end 57.5 million.studio entertainment revenues for the quarter decreased 55% to $1.7 billion.parks, experiences and products revenues for quarter decreased 85% to $1.0 billion.during the current quarter, co recorded restructuring and impairment charges totaling $5,047 million.
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