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Wednesday, 10 May 2017 - 9:22
Walt Disney profits were boosted by Beauty and the Beast
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Profits at Walt Disney jumped 11% in the first three months of 2017, bolstered by attendance at its theme parks and resorts.

Profits in the first three months of the year were $2.4bn. But the media giant's revenue gains more muted, up 3% year-on-year to at $13.3bn.

The firm remains on track for modest growth, in spite of subscriber losses at its sports television network ESPN.

"We're extremely pleased with our results," said Disney boss Robert Iger.

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