DIS » Topics » Sale of Us Weekly

This excerpt taken from the DIS 8-K filed Feb 3, 2009.

Sale of Us Weekly

On October 2, 2006, the Company sold its 50% stake in Us Weekly for $300 million, which resulted in a pre-tax gain of $272 million ($170 million after-tax) reported in “Other (expense) / income”. Equity income from Us Weekly was included in Consumer Products segment operating income through the date of the sale.

These excerpts taken from the DIS 10-K filed Nov 20, 2008.

Sale of Us Weekly

On October 2, 2006, the Company sold its 50% stake in Us Weekly for $300 million, which resulted in a pre-tax gain of $272 million ($170 million after-tax) reported in “Other (expense) / income.” Equity income from Us Weekly was included in Consumer Products segment operating income through the date of the sale.

Sale of Us Weekly

SIZE="2">On October 2, 2006, the Company sold its 50% stake in Us Weekly for $300 million, which resulted in a pre-tax gain of $272 million ($170 million after-tax) reported in “Other (expense) / income.” Equity income from Us Weekly
was included in Consumer Products segment operating income through the date of the sale.

This excerpt taken from the DIS 10-K filed Nov 21, 2007.

Sale of Us Weekly

On October 2, 2006, the Company sold its 50% stake in Us Weekly for $300 million, which resulted in a pre-tax gain of $272 million ($170 million after-tax) reported in “Gains on sales of equity investments and businesses.” Equity income from Us Weekly was included in Consumer Products segment operating income through the date of the sale.

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