The smash success of “Star Wars: The Force Awakens” helped push Disney’s Parks and Resorts division to a record first-quarter profit, the company told investors Tuesday.
The Parks and Resorts division’s operating income grew by 22 percent to $981 million in the first quarter compared with a year ago, and revenue rose by 9 percent to $4.3 billion. The spikes occurred despite lower attendance at Disneyland Paris and the company’s heavy investment into the yet-to-open Shanghai Disneyland.
Fans have flocked to Disneyland for Season of the Force and to Walt Disney World for its Star Wars Experience. Full Story: The Orange County Register