Teen sensations boost Disney sales

LOS ANGELES -- The Walt Disney Co. owes much of its recent success to its slew of cable TV brands, including ESPN and its "High School Musical" and "Hanna Montana" franchises. Disney reported late Tuesday it had notched a 9 percent jump in first-quarter revenue across nearly all of its business units, with the growth fueled in part by higher advertising, sales of "High School Musical 2" DVDs and "Hannah Montana" products. Disney shares rose $1.43, nearly 5 percent, to $31.50 during afternoon trading Wednesday.