But it was Frozen, the box office hit, that stole the show. This studio success fits into Disney's ability to benefit from a brand across its segments-including parks and consumer. Disney has transformed its studio division via the acquisitions of Pixar in 2006, Marvel in 2009 and Lucasfilm in 2012. And this will continue to be a big driver for the company.
Meanwhile, the recently spun-out Twenty-first Century Fox (FOXA - Get Report) reported a disappointment in its Filmed Entertainment division due to lackluster performance versus last year's releases (The Secret Life of Walter Mitty and Walking with Dinosaurs vs Taken 2 and Life of Pie). And the home entertainment comps (Wolverine vs Ice Age 3) were also unfavorable. This matters. That said, this stock remains well positioned from Cable Network strength, the majority of its profits (like Disney) and of course is a newly focused company after spinning out from News Corp (NWSA) in June of last year.
That said, Disney remains a step above and the best positioned of the group.
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--Written by Nicole Urken in New York.
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