Looks like Disney had a decent quarter.

May 15, 2010 (Close-Up Media via COMTEX) — The Walt Disney Company has reported earnings for its second fiscal quarter and six months ended April 3.

In a May 11 release, the Walt Disney Company reported diluted earnings per share (EPS) for the second quarter increased 45 percent to $0.48 from $0.33 in the prior-year quarter. EPS for the current and prior-year quarter include the items discussed in the following paragraph. Excluding these items, EPS increased 12 percent to $0.48 from $0.43 in the prior-year quarter.

The current quarter included restructuring and impairment charges, a gain on the sale of an investment in a pay television service in Central Europe, and an accounting gain related to the acquisition of the Disney Stores in Japan, which collectively had no net impact on EPS. The prior-year quarter included restructuring and impairment charges which had a $0.10 per share impact on EPS.

For the six month period, diluted EPS was $0.93 compared to $0.78 in the prior-year period. In addition to the items discussed above, EPS for the current six months included restructuring and impairment charges and a gain on the sale of an investment in a television service in Europe which were recorded in the first quarter of the current year while the prior-year period included a gain on the sale of our investment in two pay television services in Latin America. Excluding these items, EPS increased 12 percent to $0.95 from $0.85 in the prior-year six months.

I am pleased to announce the creation of a new Save 10 Things email program at SDS mail.

http://sdsmail.org/10things/

Please remember that it is still important to call and write Disney using the information on our How to Help page.

We are also planning on having our first Save 10 Things day in early June. Please check back next week for more information!

The news broke via twitter Thursday evening that ABC Family’s 10 things has been canceled. And the fans are not taking this news lying down! A simple search for the #save10things hash-tag shows hundreds upon hundreds of tweets. Not enough to make a tending topic (yet) but I fully expect it to happen.

With this in mind, we’ve created a Save 10 Things Website at http://save10things.sds.me/.

It sounds like the decision was primarily made in response to lower than expected ratings. Which means that a sizable fan campaign has a reasonable chance of convincing the company to continue to invest in the show. So spread the word, and do it quickly! We need as many people as possible to write and call Disney and politely ask them to renew the show.

Hitflix Reports:

The creative team behind ABC Family’s well-regarded “10 Things I Hate About You” has been told that the comedy will not be renewed for a second season.

As so often happens these days, the news was initially reported first-hand via Twitter.

Early Thursday (April 29) afternoon, series creator Carter Covington tweeted, “Sad news… ABCFamily canceled the show Thanks 2 our AMAZING fans – U R the reason I do this! Enjoy the last 5 eps – they’re fantastic!”

ABC Family sources confirm Covington’s tweet that these will be the last five “10 Things I Hate About You” episodes, with the series finale currently set for the end of May.

“10 Things I Hate About You” premiered last year and was loosely based on the 1999 feature of the same title. That feature was, in turn, based loosely on William Shakespeare’s “The Taming of the Shrew.”

The second half of the first season returned in late March and although the series premiere broke ABC Family records last July, ratings for the new run were such that Covington had been instigating a Save Our Show campaign, also on Twitter.

The half-hour, single-camera comedy stars Larry Miller, Lindsey Shaw, Meaghan Martin, Ethan Peck, Dana Davis and Nicholas Braun.

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