Disney earnings up but ESPN struggles continue

Disney reported higher second-quarter profit Tuesday despite lower earnings at its ESPN sports network, which has been under pressure with the rise of online streaming. Net income for the quarter ending April 1 came in at $2.4 billion, up 11.4 percent from the year-ago period. Revenues were $13.3 billion, up 2.8 percent. Strong points included […]

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Digital downloads overtake packaged media

Digital video revenues from providers including Netflix, Sky, Amazon and Apple reached £1,309.3 million in 2016, eclipsing packaged media for the first time.Data compiled by the Entertainment Retailers Association (ERA) shows UK physical revenues were down 16.9% to £893.6 million with both DVD and Blu-ray suffering double-digit declines.