Disney's profit and revenue climbed in its fiscal third quarter based on the strength of the entertainment company's streaming service and domestic theme parks.

ESPN’s long-awaited direct-to-consumer streaming service is coming soon. And it’s adding one of America’s favorite sports shows: NFL RedZone. The NFL and Walt Disney Co. DIS finally announced an agreement Tuesday that will see the media giant acquire most of the football league’s media assets — including RedZone,

ESPN and the NFL are helping to rewrite the playbook for keeping sports-media sustainable. In an unorthodox maneuver, the league will take a minority stake in the giant Disney sports outlet, which will gain control over NFL Network and the NFL RedZone highlights service,

Walt Disney Co. reported an increase in streaming subscribers and strong results at its domestic theme parks, though its theatrical distribution results were lower for the fiscal third quarter.

Disney’s streaming revenue increased 6% and the segment turned a profit of $346 million during the three-month period ended June 28, the company reported in its quarterly earnings results Wednesday. But it was higher sales and operating profit at Disney’s domestic parks business that helped the Mouse House beat Wall Street earnings expectations for the

Disney is having a strong year, with both streaming and parks helping the company beat Wall Street’s expectations. In its latest quarterly earnings report on Wednesday, Disney said its streaming business grew by 6% and made a $346 million profit for the three months ending June 28.