Disney Lifts Forecast as It Readies ESPN Streaming Launch

This is Beirut, 06/08 21:35 - Reading : 2 minute(s)

Disney Earning United States Streaming Culture

Disney on Wednesday lifted its full-year earnings forecast after reporting higher quarterly profits, as the company readies the launch of a new ESPN sports service. Profits for Disney's fiscal third quarter were $5.3 billion, about double the year-ago level as the entertainment giant added 1.8 million subscribers to its Disney+ streaming ...