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Disney results miss targets but new Star Wars trilogy raises hopes

Reuters 

By Lisa Richwine and Aishwarya Venugopal(Reuters) - Walt Disney Co posted disappointing results on Thursday due to struggles at television networks and profits falling at its movie studio, but shares rose after the company announced a new "Star Wars" trilogy in the works.Chief Executive Bob Iger said Disney had struck a deal with Rian Johnson, director of the upcoming "Star Wars: The Last Jedi," to create a new trilogy of the science fiction blockbuster."The Last Jedi" is the second movie in the current trilogy, and the deal assured fans and investors it would not be the last. Shares rose ...

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First Published: Fri, November 10 2017. 04:24 IST
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