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Disney’s GO.com Posts 1st-Quarter Loss

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GO.com, a division of Walt Disney Co., reported a net loss for the first quarter ended Dec. 31 of $265.4 million compared with $234 million for the comparable period the previous year. Revenue rose slightly to $126 million compared with $112 million.

North Hollywood-based GO.com is a new Internet network venture, including affiliated media and Disney product retail sites.

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