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Reported by: Eric CRWE newswire Mideast correspondent

Walt Disney Co announced their net profit of $1.33 billion or earning per share of $0.67 for the 3rd quarter as compared to net profit of $954 million with earning of $0.51 per share for the same period last year which shows an increase of 40 percent in Disney’s earnings. The company’s total revenue reported an increase of 16 percent to $10 billion as compared to $8.6 billion last year.

According to Disney ESPN and its movie studio box office hit Toy Story 3 made a substantial positive change in the company’s net earnings.

Almost 50 percent of the profit gain was contributed by Disney’s cable channels as ESPN realized a substantial amount of deferred revenue. Almost $1.68 billion of profit was realized from the company’s cable channels unit.

Revenue generated from advertisements also gained by 31 percent this quarter ESPN had boost in ad sales due to the FIFA World Cup however if the ad proceed from World Cup are ignored, the ad revenue still grew by 17 percent for ESPN.

Anthony DiClemente analyst from Barclays Capital stated, “The 17 percent recurring growth in ESPN advertising in the quarter was the fastest amongst its peers, I think that’s a big positive.”

Disney’s movies business also made large profits high Toy Story 3, Alice in Wonderland and Iron Man 2 made exceptionally high revenue proceeds as opposed to movies that booked losses like Prince of Persia and Sorcerer’s Apprentice.

The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

NW Tech Capital, Inc. (NWTT.PK) is a viable already operational business with substantial revenues assets operations and goodwill.

NWTT reported that the company had finalized the merger with Bermal Contracting Ltd., a BC Canada company.

Bermal Contracting Ltd. offers substantial revenues and a sizable operations, currently excavating patio stone (Horizontal & Stand up Veneer), ledge stone, stackable stone & corner stone, and boulder stone. All stone comes in a number of unique colors, variety of textures and shades, allowing landscapers to create individualized and customized designs.

Based on the Share Purchase Agreement (Pink Sheets filing July 30, 2010) NWTT had purchased Bermal Contracting Ltd. for six hundred million (600,000,000) shares of NWTT Common Stock.

This stock will be restricted, and subject to rule 144. Moreover NWTT has secured contractual assurances that Bermal Contracting must meet reasonable financial and business obligations and milestones set between the parties, satisfactory to NWTT board and in the best interest of NW Tech Capital, Inc. shareholders.

Bermal Contracting Ltd. is a viable already operational business with substantial revenues assets operations and goodwill. The company is in the process of updating its new web site and unveiling its future plans with its recent marriage to NWTT. Bermal plans to start producing stone and pallets of varying size that will be sold directly to medium and high-end landscapers. At this time, the company is investing in equipment in order to start and run operations. The company plans to be on target in 2011 for this further planned expansion.

Bermal Contracting excavates:

* Patio stone Horizontal & Stand up

* Veneer patio Stone & Veneer

* Ledge Stone

* Stackable Stone & Corner stone

* Boulder Stone.

Bermal Contracting Ltd. financials will be posted shortly.

For more information about this company please visit http://www.nwtechcapital.com

Walt Disney Co. (NYSE:DIS) reported earnings for its third fiscal quarter and nine months ended July 3, 2010.

DIS reported that fiscal third-quarter net income was $1.33 billion, or 67 cents per share compared to $954 million, or 51 cents per share, a year ago.

Also, DIS revenue rose 16 percent to $10 billion, from $8.6 billion.

The studio posted a much-anticipated turnaround thanks not only to the Pixar animated franchise “Toy Story,” but also “Alice in Wonderland.” Disney’s purchase of Marvel Entertainment last year also gave it an extra boost from the theatrical release of “Iron Man 2″ in early May. Write-downs for a couple of movies, “Prince of Persia” and “Sorcerer’s Apprentice,” pushed costs up, but the unit reversed a loss.

“We’re very pleased with our strong third quarter, in which we grew revenues substantially and improved profitability across the majority of our
businesses,” said President and Chief Executive Officer Robert A. Iger. “Our performance underscores the value of sticking to a smart strategy even in tough times, of investing in the right people, and of focusing relentlessly on quality and innovation to drive growth in shareholder value.”

For more information about this company please visit http://www.disney.go.com

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update: Get ready for some impromptu Oscar parties at New York-area households with Verizon FiOS or satellite: Disney (NYSE: DIS - News) and Cablevision (NYSE: CVC - News) couldn’t find a way over a two-year impasse by 12:01 a.m. yesterday —WABC is blacked out for the operator’s 3.1 million households. Time Warner Cable (NYSE: TWC - News) and News Corp (NasdaqGS: NWS - News). went to the wire over retrans fees for Fox on New Years Eve but found enough common ground to keep talking through the night without the network going dark. Not so with Cablevision and Disney on Oscar Eve. Instead, it’s a replay of the New Year’s Eve deal that didn’t happen when Scripps shut off Food Network and HGTV after execs decided Cablevision’s latest offer was too low to be serious.

Even before the shutdown, Cablevision was telling subscribers they can get most of ABC’s prime time on Hulu or ABC.com; of course, Cablevision doesn’t mention that the Oscars aren’t streamed or that Hulu and ABC usually run on a next-day delay for shows like Lost and Modern Family. Disney is oh, so kindly advising people to switch video distributors or get an antenna.

Cablevision continues to insist Disney wants $40 million a year, a little more than $1 a sub a month; sources familiar with the situation say the operator has offered the same amount it pays for its own less-viewed Sundance Channel, about 25 cents per sub or $9.3 million. Charlie Schueler, Cablevision’s top spokesman, issued a statement trying to lay the blame on Disney CEO Bob Iger if the Oscars aren’t on in their homes, a personal move that is as likely to have an impact on Iger as ABC’s digs about the Dolans and customer service. In a customer update that started to air late Friday afternoon, Cablevision says on Thursday it offered Disney “as much as or more” compensation for WABC as it already pays other broadcasters “which we believe is more than fair.” Around the same time that video went up, an ABC spokesman told me “we have yet to receive a fair offer.” Look to the middle for a solution.

From Disney’s perspective, Cablevision has had plenty of time to work out that solution before now. Cablevision likes to talk about paying Disney more than $200 million a year for all its other networks; Disney points to the $18 a month Cablevision gets for basic cable that includes WABC—without paying anything. The station was left out of the omnibus deal two years ago when the two couldn’t agree. After failing to reach a deal again recently, Disney issued an ultimatum to resolve it by March 1 this year or lose the signal, then extended the deadline. Can the two get close enough tonight to avert disruption for the people who they like to say matter most, the viewers? You’d like to think so but since this is about shareholders, not viewers, don’t hold your breath.

It’s official: Each company quickly moved ahead with its blackout strategy: Disney’s Save ABC7 site invokes Scripps, urges Cablevision subs to switch to Verizon, AT&T (NYSE: T - News) or DirecTV (NasdaqGS: DTV - News). From WABC GM Rebecca Campbell, who has been the “face” of Disney in this dispute even though it goes all the way to the top: “Cablevision has once again betrayed its subscribers by losing ABC7, the most popular station in the tri-state area. This follows two years of negotiations, during which we worked diligently, up to the final moments, to reach an agreement. Cablevision pocketed almost $8 billion last year, and now customers aren’t getting what they pay for—again. It’s time for Jim Dolan and the Dolan Family Dynasty to finally step up, be fair, and do what’s right for our viewers.”

Cablevision updated its anti-ABC micro siteand issued this statement from Schueler: “It is now painfully clear to millions of New York area households that Disney CEO Bob Iger will hold his own ABC viewers hostage in order to extract $40 million in new fees from Cablevision. We call on Bob Iger to immediately return ABC to Cablevision customers while we continue to work to reach a fair agreement.”

Never mind that this isn’t about $40 million any more than it’s about a weekly payment in green M&Ms. Disney may have asked for $1 or so a sub—as did News Corp. for Fox—and Cablevision’s first offers may have been lowballs but isn’t that where negotiations start, not end?

Meanwhile, the two are jousting through tweets with Disney as @SaveABC7 and Cablevision as @No_ABC_Tax

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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more) Rule 17B requires disclosure of payment for investor relations.

The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.