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Disney Profit Gets Boost From Movies, Parks, Products

3 years ago11 views



Media company Walt Disney Co's quarterly profit beat Wall Street expectations, helped by strong results from its movie studio, theme parks and consumer products division. At the movie studio, operating income more than doubled to $411 million, thanks to the success of "Captain America: The Winter Soldier" and "Maleficent" in theaters and home entertainment sales for "Frozen." The theme parks unit reported operating income of $848 million, up 23 percent from the prior year.