Disney’s streaming business is profitable for first time, but slowing US park business ups anxiety
Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theaters for the movie “Inside Out 2.”
Operating income for the entertainment segment, which includes its movie studio and parts of its television wing, nearly tripled to $1.2 billion. Disney’s run at the box office continues with ” Deadpool & Wolverine, ” giving the company the top two films of the year.
