Euro Disney Reports Tripling of Loss
- Share via
Reuters
Euro Disney SCA said its fiscal first-half loss tripled as Europe’s largest theme park operator spent more on advertising and hired new employees for the opening of Walt Disney Studios, its second entertainment complex.
The loss widened to $69 million in the six months ended March 31, said Pieter Boterman, a spokesman. Sales rose 4.2%.
Walt Disney Co. owns 39% of the French company.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
