LOS ANGELES — A white-hot Walt Disney Company reported a 33 - TopicsExpress

LOS ANGELES — A white-hot Walt Disney Company reported a 33 percent increase in quarterly profit on Wednesday, as the animated musical “Frozen” demonstrated why media giants still chase movie hits although investors prefer less risky pursuits. Profit soared on across-the-board strength. A 10 percent uptick in ad sales at ESPN contributed to a 20 percent increase in operating income at Disney’s television unit. Record attendance at theme parks in Florida, Tokyo and Hong Kong delivered a 16 percent increase at Disney’s resorts division. Sales of “Star Wars” toys fueled a 24 percent rise at Disney Consumer Products.

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