Disney Hauls in $1 Billion at Box Office, Partners with TikTok
Disney's solid third quarter results were driven by a $1 billion box office haul from 'Toy Story 5' and strong attendance at its US theme parks.
The company also announced a partnership with TikTok, which will bring short-form Disney-focused content to the Disney+ app.
The global deal with TikTok is aimed at increasing engagement on the Disney+ platform and expanding its reach to new audiences.