Entertainment
Disney’s Movie Studio Bounces Back After Challenging Years
Source: Pixar/AP
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Walt Disney Co.’s fabled film studio, thanks in part to the Pixar hit Inside Out 2, is roaring back to life — and poised to report its first quarterly profit in over two years.
Analysts surveyed by Bloomberg News forecast the division that includes theatrical movies will post a profit of about $78 million when Disney reports fiscal third-quarter earnings on Aug. 7, the first positive result since the three months ended in April 2022.