Disney on Tuesday posted second-quarter earnings that beat Wall Street forecasts, helped by the home video sales of blockbuster movies “Frozen” and “Thor: The Dark World.”
Both films showed the power of buying multibillion-dollar content brands. “Thor” comes from Disney’s $4 billion purchase of Marvel Entertainment in 2009. “Frozen” was a direct result of adding creative talent from Pixar after Disney bought it for $7.4 billion in 2006.
When combined with its $4 billion acquisition of Lucasfilm last year and the release of three more installments in the “Star Wars” franchise starting in December 2015, Disney CEO Bob Iger said he expects the motion-picture business to grow, fueled by international sales.