Disney's latest quarter was mixed but solid with a big upswing in studio profit led by Deadpool & Wolverine and Inside Out 2. At a complex time for media and a company with many moving parts, streaming was in the black and domestic theme parks saw operating income rise.

Disney’s streaming business and studio gained momentum in the September quarter, while its cable and theme park profit engines lost steam, underscoring the diverse set of challenges the entertainment giant faces as it positions itself for the future.