The popularity of films such as Finding Dory has helped Walt Disney post better-than-expected quarterly results, BBC reports.

 

The entertainment giant reported a 9% rise in revenue to $14.2bn (£10.9bn) - slightly higher than Wall Street predictions.

 

Profit for the quarter to 2 July was $120m higher at $2.6bn.

 

Disney also said it had bought a 33% stake in a video streaming company, BAMTech, for $1bn.

 

Movies including The Jungle Book and Marvel's Captain America: Civil War helped propel revenues at its studio divis.

 

Finding Dory had the most successful launch for an animated film in US box office history when it opened in June, making $136.2m in its first weekend.

 

Photo: BBC

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