Walt Disney Co. reported an increase in streaming subscribers and strong results at its domestic theme parks, though its theatrical distribution results were lower for the fiscal third quarter.

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

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,

ESPN, owned by ABC News’ parent company The Walt Disney Company, is acquiring the NFL Network and other assets and in exchange the NFL will take a 10% equity stake in ESPN.