Income from Disney’s TV networks fell 38% in the quarter, while the theme parks and cruises unit saw a second straight quarter of income decline. The results highlight the “delicate balancing act” facing the company as its legacy businesses struggle and newer ones take off, The Wall Street Journal suggests. The streaming business was very good to Disney last quarter, the entertainment giant revealed Thursday. Its direct-to-consumer business pulled in a profit of $321 million a stark contrast to its $387 million loss a year earlier. But theme parks and linear TV proved much tougher. Is Streaming service the niche to be exploited ?
