The (economic) force is with Disney


 

Boasted by the significantly higher revenues generated by its sports network, ESPN, and its cruise ship operation, the entertainment juggernaut revealed in a statement that group sales have risen by three percent to $10.78 billion. The company also highlighted that its theme parks division reaped the rewards of higher attendance figures at its Hong Kong, California and Paris locations.

Last week, the company announced that it was buying Lucasfilm, the company behind the Star Wars franchise, from chairman and founder George Lucas for $4.05 billion. The move follows Disney’s previous acquisitions of Pixar, the studio behind the Toy Story films, and Marvel, the company responsible for characters including Spiderman and the Avengers.