By MICHELLE CHAPMAN, Associated Press Business Writer

Disney’s profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.

It also raised its full-year adjusted earnings forecast on Wednesday.

The Walt Disney Co. earned $5.26 billion, or $2.92 per share, for the three months ended June 28. A year earlier it earned $2.62 billion, or $1.43 per share.

Tourists stroll by the World of Disney store at Disney Springs shopping and entertainment district Tuesday, Aug. 5, 2025, in Lake Buena Vista, Fla. (AP Photo/John Raoux)

Excluding certain items, earnings were $1.61 per share. This easily beat the $1.46 per share analysts polled by Zacks Investment Research were looking for.

Revenue for the Burbank, California, company totaled $23.65 billion, falling slightly short of Wall Street’s estimate of $23.68 billion.

Last night the NFL announced that it had entered into a nonbinding agreement with ESPN, which Disney owns. Under the terms, ESPN will acquire NFL Network, NFL Fantasy and the rights to distribute the RedZone channel to cable and satellite operators and the league will get a 10% equity stake in ESPN.

Revenue for Disney Entertainment, which includes the company’s movie studios and streaming service, edged up 1%, while revenue for the Experiences division, its parks, increased 8%.

Disney’s direct-to-consumer business, which includes Disney+ and Hulu, posted quarterly operating income of $346 million compared with a loss of $19 million a year ago. Revenue climbed 6%.

The Disney+ streaming service had no change in paid subscribers domestically, which includes the U.S. and Canada. There was a 2% rise internationally, which excludes Disney+ HotStar.

Total paid subscribers for Disney+ came to 128 million subscribers, up from 126 million in the second quarter.

Disney+ and Hulu subscriptions totaled 183 million, up 2.6 million from the second quarter.

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In the fourth quarter, Disney anticipates that total Disney+ and Hulu subscriptions will increase more than 10 million compared with the third quarter, with most of the increase coming from Hulu due to the expanded Charter deal, CEO Bob Iger and Chief Financial Officer Hugh Johnston said in prepared remarks.

The company expects a modest increase in the number of Disney+ subscribers in the fourth quarter.

Iger and Johnston also said that Disney will stop reporting the number of paid subscribers for Disney+, Hulu and ESPN+ streaming services because the metric has become less meaningful for evaluating the performance of its businesses. The company will stop reporting the metric for Disney+ and Hulu beginning with fiscal 2026’s first quarter and will no longer report the figure for ESPN+ starting with fiscal 2025’s fourth quarter.

The Experiences division, which includes Disney’s six global theme parks, its cruise line, merchandise and video game licensing, reported operating income increased 13% to $2.52 billion. Operating income climbed 22% at domestic parks. Operating income declined 3% for international parks and Experiences.

Disney announced in May that it will build a seventh theme park in Abu Dhabi.

“We have more expansions underway around the world in our parks and experiences than at any other time in our history,” Iger said in a statement. “With ambitious plans ahead for all our businesses, we’re not done building, and we are excited for Disney’s future.”

For fiscal 2025, Disney now anticipates adjusted earnings of $5.85 per share. It previously predicted $5.75 per share. Analysts surveyed by FactSet expect full-year earnings of $5.80 per share.

While Disney continues to pull levers to successfully manage all of the different components of its business, it’s also working on its search for a successor to Iger, the face of Disney for most of the past two decades.

Disney created a succession planning committee in 2023, but the search began in earnest last year when the company enlisted Morgan Stanley Executive Chairman James Gorman to lead the effort.

Disney does have some time, as Iger agreed to a contract extension that keeps him at the company through the end of 2026.

Disney is looking at internal and external candidates. The internal candidates are widely believed to include the chairman of Disney-owned ESPN, Jimmy Pitaro, Chairperson of Walt Disney Parks and Resorts Josh D’Amaro, Disney Entertainment Co-Chairman Alan Bergman and Disney Entertainment Co-Chairman Dana Walden.

By DAVID FISCHER and MIKE SCHNEIDER, Associated Press

MIAMI (AP) — A federal judge on Wednesday was hearing arguments over whether to stop construction of an immigration detention center built in the middle of the Florida Everglades and dubbed “Alligator Alcatraz” because it didn’t follow environmental laws.

Until the laws are followed, environmental groups and the Miccosukee Tribe said U.S. District Judge Kathleen Williams should issue a preliminary injunction to halt operations and further construction. The suit claims the project threatens environmentally sensitive wetlands that are home to protected plants and animals and would reverse billions of dollars’ worth of environmental restoration.

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The lawsuit in Miami against federal and state authorities is one of two legal challenges to the South Florida detention center which was built more than a month ago by the state of Florida on an isolated airstrip owned by Miami-Dade County.

A second lawsuit brought by civil rights groups says detainees’ constitutional rights are being violated since they are barred from meeting lawyers, are being held without any charges, and a federal immigration court has canceled bond hearings. A hearing in that case is scheduled for Aug. 18.

Under a 55-year-old federal environmental law, federal agencies should have examined how the detention center’s construction would impact the environment, identified ways to minimize the impact and followed other procedural rules such as allowing public comment, according to the environmental groups and the tribe.

It makes no difference that the detention center holding hundreds of detainees was built by the state of Florida since federal agencies have authority over immigration, the suit said.

“The construction of a detention center is an action that is necessarily subject to federal control and responsibility,” they said in a recent court filing. “The State of Florida has no authority or jurisdiction to enforce federal immigration law.”

Attorneys for federal and state agencies last week asked Williams to dismiss or transfer the injunction request, saying the lawsuit was filed in the wrong jurisdiction. Even though the property is owned by Miami-Dade County, Florida’s southern district is the wrong venue for the lawsuit since the detention center is located in neighboring Collier County, which is in the state’s middle district, they said.

Williams had yet to rule on that argument.

The lawsuits were being heard as Florida Republican Gov. Ron DeSantis ′ administration apparently was preparing to build a second immigration detention center at a Florida National Guard training center in north Florida. At least one contract has been awarded for what’s labeled in state records as the “North Detention Facility.”

PORTLAND, Ore. (AP) — A man accused of killing three women in the Portland area and dumping their bodies has been indicted on a fourth murder charge, authorities said Tuesday.

A grand jury has indicted Jesse Lee Calhoun in the November 2022 death of 22-year-old Kristin Smith, Multnomah County District Attorney Nathan Vasquez said during a news conference. The new indictment, which comes roughly 2 1/2 years after Smith’s remains were found, adds one count each of second-degree murder and abuse of a corpse to Calhoun’s case.

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Calhoun was indicted last year in the deaths of Charity Perry, 24; Bridget Webster, 31; and Joanna Speaks, 32. He pleaded not guilty to the three counts each of second-degree murder and abuse of a corpse in the initial indictment.

He remains in custody in Multnomah County’s Inverness Jail, and his trial is expected to be held in 2027, authorities said. His defense attorney, Cameron Taylor, declined to comment.

Melissa Smith, Kristin Smith’s mother, said she was “overwhelmed with emotion.”

“I’ve always stayed hopeful that I would get justice for Kristin,” she said at the news conference. “I thank every single person who didn’t give up on this case.”

Perry, Webster and Smith were found in Oregon, while Speaks was found in an abandoned barn in southwestern Washington. Their bodies were found over several months starting in early 2023 — in wooded areas, in a culvert and under a bridge — in a roughly 100-mile (160-kilometer) radius, sparking concern that a serial killer might be targeting young women in the region.

Police and prosecutors have shared little information in the case. The death of another woman during that time period is still being investigated, Vasquez said.

Calhoun was arrested in June 2023 on unrelated parole warrants and indicted in May 2024 in the women’s deaths. The indictment came weeks before Calhoun was due to be released from state prison, where he was returned in 2023 to finish serving a four-year term for assaulting a police officer, trying to strangle a police dog, burglary and other charges.

He was initially released in 2021, a year early, because he helped fight wildfires in 2020 under a prison firefighting program. Gov. Tina Kotek revoked the commutation in 2023 when police began investigating him in the deaths.

By KIM TONG-HYUNG, Associated Press

SEOUL, South Korea (AP) — The wife of South Korea’s ousted former President Yoon Suk Yeol appeared for questioning by a special prosecutor Wednesday, as investigators expanded a probe into suspicions of stock manipulation, bribery, and interference in party nominations.

The investigation into Kim Keon Hee is one of three separate special prosecutor probes launched under Seoul’s new liberal government targeting the presidency of Yoon, who was removed from office in April and rearrested last month over his brief imposition of martial law in December.

Kim Keon Hee, the wife of South Korea’s ousted former President Yoon Suk Yeol, arrives at the special prosecutor’s office in Seoul, South Korea, Wednesday, Aug. 6, 2025. (AP Photo/Ahn Young-joon)

The conservative’s abrupt and poorly planned power grab on Dec. 3 came during a seemingly routine standoff with the liberals, whom he described as “anti-state” forces abusing their legislative majority to obstruct his agenda. Some political opponents have questioned whether Yoon’s actions were at least partly motivated by growing allegations against his wife, which hurt his approval ratings and gave political ammunition to his rivals.

“I apologize for causing concern to the people, even though I am someone insignificant,” Kim told reporters as she arrived for questioning. She added that she would sincerely cooperate with the investigation, before walking away without responding to specific questions about the allegations.

The team of investigators led by Special Prosecutor Min Joong-ki said Kim was questioned for about seven hours until Wednesday afternoon, but they didn’t specify whether she will be summoned again. Investigators said they haven’t decided whether they would seek her arrest.

Through a heavy police presence, dozens of Yoon’s supporters gathered outside the special prosecutor’s office in downtown Seoul, waving South Korean and U.S. flags and banners in light rain.

Yoon, who was sent back to prison last month and faces a high-stakes trial on rebellion and other charges, resisted an attempt by investigators last week to compel him for questioning over his wife. Investigators said he took off his prison uniform and laid down on the floor of his cell in his underwear before they gave up executing the warrant to detain him. They plan to negotiate with Yoon’s lawyers to arrange a possible questioning.

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Yoon and Kim have faced suspicions of exerting undue influence over the conservative People Power Party to nominate a specific candidate for a 2022 parliamentary by-election, allegedly at the request of Myung Tae-kyun, an election broker and founder of a polling agency who conducted free opinion surveys for Yoon before he became president.

Kim is separately linked to multiple corruption allegations, including claims that she received a necklace and other gifts through a fortuneteller acting as an intermediary for a Unification Church official seeking business favors, as well as possible involvement in a stock price manipulation scheme. While in office, Yoon repeatedly dismissed calls to investigate his wife, denouncing them as baseless political attacks.

Yoon’s martial law decree lasted only hours, after a quorum of lawmakers managed to break through a blockade of heavily armed soldiers and voted to revoke the measure. He was impeached by lawmakers on Dec. 14 and was formally removed from office by the Constitutional Court in April.

Shortly after winning the early presidential election in June, new liberal President Lee Jae Myung approved legislation to launch sweeping special investigations into Yoon’s martial law debacle, the allegations against his wife, and the 2023 drowning death of a marine during a flood rescue operation, an incident Lee’s Democratic Party claims Yoon’s government tried to cover up.

Yoon had been released from prison in March after the Seoul Central District Court overturned his January arrest, but the same court approved his new arrest in July, accepting a special prosecutor’s claim that he poses a risk of destroying evidence.