The Cable Networks Group includes Disney Channel Worldwide’s portfolio of kids’ channels; ABC Family, targeting young adults; SOAPnet, a channel serving soap fans; Jetix, international channels focusing on high-energy action/adventure programming; and ESPN, the worldwide leader in sports. It also includes the Company’s equity stake in Lifetime Entertainment Services and A&E Television Networks. Together, these assets create a strong foundation for exploiting international expansion and digital media opportunities.

Disney Channels and Disney-branded programming blocks now reach more than half a billion people around the world on a monthly basis, making the business a key driver of the Disney brand and a strong global platform for content.

In 2006, Disney Channel successfully launched Playhouse Disney’s Mickey Mouse Clubhouse, a new 3D computer-animated preschool series produced by Walt Disney Television Animation. It quickly became a top-rated program with preschoolers and Playhouse Disney’s first Top 5 basic cable show for this audience. Disney Channel’s wide reach also provided a springboard for its newest live action series, Hannah Montana, which quickly became a toprated basic cable series for kids and tweens. In October the Hannah Montana soundtrack became the first television soundtrack ever to debut at number one on Billboard’s Top 200 album chart.