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'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.

Walt Disney's ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the league in exchange for the NFL taking a 10% equity stake in the sports network,

The NFL announced Tuesday night that it has entered into a nonbinding agreement with ESPN. Under the terms, ESPN will acquire NFL Network, NFL Fantasy and the rights to distribute the RedZone channel to cable and satellite operators and the league will get a 10% equity stake in ESPN.