Walt Disney Co. reported quarterly earnings on Feb. 5 that handily topped Wall Street estimates thanks to a booming theme park business and growth at its ABC broadcast network as the company invests in a digital media future.
Disney, whose media properties include ESPN and the Disney Channels along with ABC, is trying to transform into a digital entertainment company to compete with Netflix Inc. and other online video outlets that deliver programming directly to customers. The new streaming services include Disney+ and ESPN+.
