Disney Stokes Media Investors’ Fears as Results Fall Short

  • Company shuts down Infinity game unit at cost of $147 million
  • Strong dollar hurts profit from ‘Star Wars’ goods sold abroad

Disney Profit Slumps as TV Weighs on Film Success

Walt Disney Co. reignited the fears of jittery media investors with second-quarter results that missed analysts’ estimates as profit from the ABC broadcast operation fell and the company shut down its Infinity video-games division.

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