Disney's profit and revenue climbed in its fiscal third quarter based on the strength of the entertainment company's streaming service and domestic theme parks.

Disney is shaking up the streaming world. On Tuesday night, the Walt Disney Company’s subsidiary ESPN announced a deal with the NFL, which will acquire the NFL Network, NFL RedZone and NFL Fantasy, among other media assets,

Disney (NYSE:DIS) has inked a $1.6 billion agreement to make ESPN the exclusive U.S. broadcaster of WWE Premium Live Events starting in 2026, according to The Wall Street Journal. This deal will bring major wrestling events such as WrestleMania,

Walt Disney Co. reported an increase in streaming subscribers and strong results at its domestic theme parks, though its theatrical distribution results were lower for the fiscal third quarter.

The entertainment giant is counting on the two businesses to help it deal with cord-cutting and an up-and-down movie division.

Disney’s streaming revenue increased 6% and the segment turned a profit of $346 million during the three-month period ended June 28, the company reported in its quarterly earnings results Wednesday. But it was higher sales and operating profit at Disney’s domestic parks business that helped the Mouse House beat Wall Street earnings expectations for the

Disney is having a strong year, with both streaming and parks helping the company beat Wall Street’s expectations. In its latest quarterly earnings report on Wednesday, Disney said its streaming business grew by 6% and made a $346 million profit for the three months ending June 28.

Disney's profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.