Inside Out 2 boosts Disney as theme parks struggle

The runaway success of Disney's Inside Out 2 has helped boost the entertainment giant's profits, but there are troubles elsewhere in the Magic Kingdom. In the three months to June, Disney swung to a pre-tax profit as revenue rose, thanks in large part to the Pixar sequel becoming the highest-grossing animated film of all time. The Olympics in Paris, where Disneyland is based, were partly blamed for the drop in its theme park takings, which make up over half its profit. Disney said it expected lower demand in its US parks to continue in to the second half of the year. "After several years of misfires and muted successes, Disney has now in the span of a month and a half released the highest grossing animated film of all time and achieved the largest ever opening for an R-Rated film," Moffett Nathanson media analyst Robert Fishman wrote ahead of Disney's earnings release.

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