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International Business Times
International Business Times
Sport

Disney Profits Rise On Strong 'Moana 2' Sales

Strong ticket sales of 'Moana 2' and other blockbusters helped boost Disney profitability (Credit: AFP)

Disney reported higher quarterly profits Wednesday, posting increased revenues in its streaming business as it eyes a rollout of a key ESPN product later this year.

The entertainment giant, which has raised subscription prices on streaming, pointed to the success of "Moana 2" and other box office hits as a revenue driver, while income from amusement parks was dented somewhat by US hurricanes.

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