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Transcripts For BBCNEWS Business Briefing 20240713

As trade fears ease. We start with walt disney because the force is very much with the entertainment giant after a strong set of results. Disney is now more enormous than ever, following its massive 70 billion takeover of 21st century fox. And its about to begin a new episode in its 96 year history as it prepares to enter the world of streaming. Disney made revenues of over 19 billion, up more than a third on this time last year and more than wall street was expecting. It has been boosted by the takeover of fox back in march which has given it lucrative new content such as star wars. Profits were lower though as it processes that mega deal and makes huges investments in this. From tuesday disney plus will take on the likes of netflix and amazon prime offering decades of classic films and Television Shows as well as star wars, marvel and pixar movies for 6. 99 a month. Disneys theme parks have also been doing well with sales up s ....

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