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Dispositions and Other Income
3 Months Ended
Dec. 29, 2012
Dispositions and Other Income
4.
Dispositions and Other Income/(Expense)
ESPN STAR Sports
On November 7, 2012, the Company sold its 50% equity interest in ESPN STAR Sports (ESS) to the joint venture partner of ESS for $335 million resulting in a gain of $219 million ($125 million after tax and allocation to noncontrolling interests).  ESPN had previously jointly guaranteed approximately $0.8 billion in programming rights obligations of ESS. As a result of the sale, ESPN no longer guarantees these obligations.


Other Income/(Expense)
 
Quarter Ended
 
December 29, 2012
 
December 31, 2011
Celador litigation (see Note 11)
$
(321
)
 
$

Gain on sale of equity interest in ESS
219

 

Other income/(expense), net
$
(102
)
 
$