Disney reported a rise in profit and revenue in its fiscal third quarter, driven by streaming service growth and strong theme park performance. The company earned $5.26 billion, beating analyst expectations. Revenue was $23.65 billion, slightly below estimates.

Last night, NFL and ESPN, owned by Disney, entered a nonbinding agreement. ESPN will acquire NFL Network, NFL Fantasy, and RedZone channel distribution rights, while the NFL gets a 10% equity stake in ESPN.

Disney’s direct-to-consumer business, including Disney+ and Hulu, saw a quarterly operating income of $346 million, up from a loss last year. Disney+ subscriptions reached 128 million, with a total of 183 million including Hulu.

Disney’s Experiences division, which includes theme parks, reported a 13% increase in operating income, with domestic parks up 22%. International parks and Experiences saw a 3% decline. Disney announced plans for a seventh theme park in Abu Dhabi.

Disney continues to search for a successor to CEO Bob Iger, with a succession planning committee formed in 2023. Internal candidates include Jimmy Pitaro, Josh D’Amaro, Alan Bergman, and Dana Walden. Iger’s contract was extended through 2026.

Read more at Yahoo Finance: Disney’s 3Q profit climbs as it sees strength at domestic parks, adds streaming subscribers