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"The Lion King" boosted Disney's quarterly earnings on Thursday, beating Wall Street expectations.
The company's earnings arrived just days before its streaming service Disney + is set to launch, as it attempts to become a powerhouse in a market dominated by Netflix.
But it hasn't come cheap, with investments to build streaming media services increasing from a year earlier.
Meanwhile, Disney's movie business benefited from box office hits like "Toy Story 4," and the remakes of "Aladdin" and "The Lion King." While its parks were also a source of strength.
All that helping to drive up Disney's revenue, which rose 34% to about $19 billion.
That's up from about $14 billion in the same period last year.
Disney shares got a boost from the solid earnings report - up in after-hours trading.