Disney Basks In Frozen's Profit-Making Glow

Merchandise sales from Disney blockbuster Frozen helped push the company's income up 19% for the last three months of 2014.

The entertainment giant said net income had grown to $2.18bn (£1.43bn) and that total revenue for the quarter was $13.39bn.

Its parks and resorts also performed well, with revenue boosted by 9% to $3.9bn.

Visitor numbers were strong, said CEO Bob Iger, and had not been affected by a measles outbreak linked last month to California's Disneyland.

Announcing better quarterly results than expected, Disney said Frozen - the highest-grossing animation ever - had driven a 22% jump in  consumer product sales to $1.4bn - despite being released in November 2013.

Revenue from its media networks, such as the Disney Channels, was also strong - up 11% to $5.86bn.

However, the ESPN sport network suffered, with higher rates for NFL American Football games hitting revenue.

Mr Iger said the entertainment giant had high hopes in 2015, after recent releases such as Big Hero 6 failed to match the success of Frozen.

Its live-action Cinderella movie, featuring Cate Blanchett and directed by Kenneth Branagh, is out in March, while the Force looms large in December with the release of the new Star Wars film.

Disney's announcement saw its shares rise 3.9% during after-market trading.

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