Disney Revenue Rises 9 Percent As Black Panther Shines At Box Office

Disney Revenue Rises 9 Percent As Black Panther Shines At Box Office

- Walt Disney Co (DIS.N) reported a 9.1 percent rise in quarterly revenue on Tuesday, powered by the box-office success of superhero movie "Black Pan

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– Walt Disney Co (DIS.N) reported a 9.1 percent rise in quarterly revenue on Tuesday, powered by the box-office success of superhero movie “Black Panther” as well as higher attendance and spending in its theme parks and resorts business.

Net income attributable to Disney rose to $2.94 billion, or $1.95 per share in the second quarter, from $2.39 billion, or $1.50 per share.

Disney, which is buying some of Twenty-First Century Fox Inc’s (FOXA.O) TV and film units, said total revenue rose to $14.55 billion from $13.34 billion.

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