For the first time in over forty years, Disney has reported an annual net loss. Disney DIS, -1.66% reported fiscal fourth-quarter losses Thursday of $710 million, or 39 cents a share, its second consecutive quarterly loss on a GAAP basis. Disney had not previously reported a quarterly loss since April 2001, when a large charge for the shuttering of the Go.com online platform effort caused it to go into the red. For the full fiscal year, Disney recorded a GAAP net loss of $2.83 billion. […]

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