NEW YORK | Disney results jump on strong movie slate

8Nov - by Editor - 0 - In STL.News



NEW YORK — Walt Disney Co.’s earnings for the latest quarter sailed passed expectations, boosted by a strong slate of movies such as “Incredibles 2” as the company moves toward closing its $71.3 billion deal to buy 21st Century Fox’s entertainment assets.

Disney and other media companies are facing a shifting landscape as more TV watchers switch to streaming rather than traditional cable bundles.

But Disney’s diversified entertainment portfolio, which runs from films and cable channels to theme parks, helped buoy its results.

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