Cohen notes that subscription-driven business with higher cable and international exposure will likely be better performers if there is a double dip.

FORBES: Fearing Recession, Merrill Wary On DIS, DISH, DTV, DWA

Of course, the results were driven largely by the unit's cable channels--USA Network, Bravo, Sci Fi, CNBC, MSNBC, Oxygen and The Weather Channel--and the Summer Olympics, which aired across its network stable.

FORBES: Network Television

's Fox broadcast network (this magazine has a contractual relationship with the Fox News cable network to jointly produce the show Forbes on Fox) and movie studios remain capricious, hit-driven businesses that do well when they guess right.

FORBES: Magazine Article