Getty Images
Walt Disney saw higher profits and revenue in the most recent quarter, boosted by blockbusters Incredibles 2 and Ant-Man and the Wasp.
Revenues in the media company’s studio division jumped 50% in the three months to 29 September to $2.15bn (£1.6bn).
The gain lifted the firm’s total revenues to $14.3bn, up 12% year-on-year, while profits rose 33%.
The box office success provided a boost to the company as it shifts its focus to online streaming.
The firm has already launched a sports-focused online streaming site, and is planning a family-oriented one dubbed Disney Plus, to launch in 2019.
The move comes amid declines in television advertising and increased competition from digital giants such as Netflix and Amazon.
Source by [author_name]
TEST... If it is alright with you, would it not be better to make it…
TEST... Would it be okay with you if selling was just easy? Would you be…
TEST... Adding music to your videos can help to increase engagement, sales and more. We…
TEST... This is very rarely discussed. And it is one of the most powerful things…
TEST... In this video, I show you (Watch Over My Shoulder Style) how you can…
TEST... More times than not, you may find that the thing holding you back has…