Does 'fantastic' Disney really need 'riposte graduee'?
- Author: Monica Horten
- Published: 04 June 2008
The Walt Disney Co, one of the leading lobby-ists for 'riposte graduee' in the EU and in France, has had a "fantastic quarter" for the first three months of 2008. According to Reuters. Disney outperformed the analysts expectations, with a a 17 per cent rise in operating income, and a 22 per cent rise in profits. Its broadcasting arm, ABC, has claimed a 'double digit' rise in advertising income. The company was rewarded by the markets with a 1.6 per cent rise in the share price on the day the results were announced.
Analysts are even saying that Disney is "recession resistant" and is showing more signs of a going through a boom market than a troubled one.
The question for the legislators should therefore be whether such a firm really needs political support like the French 'riposte graduee' proposals, to underpin it, especially to the extent of changing some fundamental European legal principles such as data protection and mere conduit?
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