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MSNBC, along with the business news station CNBC, are the network's cable divisions.
It reported the largest annual loss in corporate history, mainly because of a $45 billion accounting charge to reflect the declining value of its AOL and cable divisions.
Other key drivers in the results were steady growth in Disney's cable divisions such as ESPN and a strong rally by its ABC network.
"The same management guidelines that are being used for ABC are being used at the studio, home video and cable divisions, and all of them are performing brilliantly right now," she said.
Looking to take advantage of what they say is a large and lucrative niche audience untapped by television programmers, two cable divisions of Viacom, MTV Networks and Showtime, are developing a plan to create the first cable channel aimed directly at gay viewers.
It begs the question whether it should hang onto its cable divisions and look to them to shore up its shrinking telecom margins instead.
Similar(53)
Revenue at NBC Universals cable division rose 12 percent, to $2.1 billion.
It was NBC Universal, not just the NBC Universal cable division.
News Corporation's lucrative cable division has cushioned the blow of a tough quarter for Fox Broadcasting.
Under Time Warner's departing chief executive, Richard Parsons, the firm spun off 16% of its cable division.
Ms. Sweeney is highly regarded at Disney for her work in running the cable division.
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