Disney beats with 'Toy Story 5' and theme parks; sells A+E for $1B to fund buyback

Disney reported strong quarterly results driven by "Toy Story 5" and its theme parks and cruises division. The company plans to use $1 billion from the sale of A+E Networks to buy back stock, and will consolidate its consumer products division under entertainment. Disney also teased a new era for Disney+ launching early next year, alongside broader structural changes.