Disney+ and Hulu should turn profitable and combined streaming income grow in the current September quarter.
Yesterday, Disney announcedprice hikes across most streaming plans starting in October.
Notably,Inside Out 2led a booming box office that spread the joy.
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Disney also had a nice run withKingdom Of The Planet Of The Apesin the quarter.
Right now, its having a massive moment withDeadpool & Wolverine.
Cruise lines, consumer productions and some international parks did better.
Parks are in the midst of a $60 billion, 10-year investment push.
Disney raised its full-year EPS growth forecast citing improved financials.
Domestic ad revenue declined with viewership, offset partly by higher rates.
Programming, production and marketing costs fell.
Sports, mostly ESPN, saw revenue of $4.5 billion, up 5% from the year-earlier quarter.
Operating income dipped to $802 million from $854 million.
Lower affiliate revenue was partly offset by higher rates.
Discovery, will launch this fall.
Iger and Disney executives will field questions from analysts at a call set for 8:30 am ET.
