Disney's ‘Frozen’ Leads to Fairytale Profits

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May 6 (Bloomberg) -- “Frozen” continues to sizzle for Walt Disney Co., where quarterly profit rose 27 percent as kids snapped up DVDs and merchandise tied to the animated mega-hit. Jon Erlichman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

$.95 per share, so they beat on the bottom line.

Revenue north of 11.65 billion dollars.

So what is driving the topline to help the bottom line?

They're getting some good growth from their media networks business including the broadcasting network of abc, not a lot of growth.

It is about espn, where they did see growth.

Although at 1.3 billion in revenue, which is the biggest part of the revenue story, some thought to the median networks might contribute more.

Parks continue to be a strong point for disney.

They were higher than estimated.

More money from the movie studio, $1.8 billion in revenue.

This was a big quarter for movies like "frozen," "tho r," the marvel franchise.

If the movies are doing well, people are going to buy more stuff.

$885 million in merchandise.

A lot of good news for disney.

Up 2.5% in after-hours.

Coming up, hollywood is

This text has been automatically generated. It may not be 100% accurate.


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