The Walt Disney Company 2004 Annual Report
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RADIO
ABC Radio reaches 132 million people on a weekly basis with 71 owned local radio stations and far-reaching national radio networks serving nearly 4,800 affiliates. In addition, the Radio Disney franchise continues to expand and now covers more than 97% of the U.S. through broadcast, satellite and cable distribution.

ABC Radio's 27 "general-market" stations earn the highest per-station average annual revenue of any comparable radio group.

A diverse portfolio of top brands and personalities is available under the ABC Radio Networks umbrella, including ABC Radio News; Paul Harvey, Sean Hannity and Tom Joyner; and Doug Banks and the ABC Urban Advantage Network, which cover 94% of the African-American community.

In 2004, Radio Disney launched in 25 million cable and satellite television homes via an alliance with digital music provider, Music Choice. Internationally, Radio Disney is available in Japan, the United Kingdom, Uruguay, Paraguay, Guatemala and the Dominican Republic, with plans for further expansion.

ABC Radio also has partnered with ESPN to distribute the Spanish- language ESPN Deportes Radio, now available in 22 of the Top 25 Hispanic markets. This builds upon the distribution partnership that already brings the ESPN Radio Network to more than 700 stations.