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Disney CFO projects operating income growth at cable networks

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(GlobalPost/GlobalPost)

LOS ANGELES (Reuters) - Walt Disney Co's <DIS.N> cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday.

"We feel very good about the long-term growth of our cable business," Rasulo said at a meeting for investors at its ESPN headquarters in Bristol, Connecticut.

(Reporting by Lisa Richwine; Edited by Ronald Grover and Andre Grenon)

http://www.globalpost.com/dispatch/news/thomson-reuters/140417/disney-sees-operating-income-growth-at-cable-networks