Disney parks, films outperform as streaming costs stay under budget
Share:
(Reuters) - Walt Disney Co's theme parks and a remake of "The Lion King" boosted quarterly earnings past Wall Street targets on Thursday as costs came in lower than expected for its big plunge into streaming entertainment.Shares of Disney rose more than 5% to $140.77 in after-hours trading.Disney is trying to transition from a cable TV leader to a powerhouse in the streaming video market dominated by Netflix Inc . Its family-friendly digital entertainment service, Disney+, is set to debut on..