Disney CEO Is 'Bullish' on China Theme Parks Despite Short-Term Challenges


Skift Take

While Disney parks are doing well now in the U.S., there are growing challenges from Universal that it will need to contend with.

Yesterday Disney reported quarterly earnings that increased 32 percent to a record $2.9 billion. Much of the success is credited to its Star Wars franchise, but its theme parks performed well, too, with operating profit of $981 million, up 22 percent. The concern is that these profits came from parks in the United St