10-02-2016 02:27 via news.yahoo.com

ESPN casts shadow over 'Star Wars' success at Disney

Walt Disney Co’s ESPN sports network posted a decline in quarterly profit, overshadowing the blockbuster success of “Star Wars: The Force Awakens,” which lifted the company to record income and topped Wall Street expectations. Investors nervous about the future prospects for Disney and other older media companies sent its shares down 3.5 percent to US$89.21 in after-hours trading. The media networks unit that includes ESPN, the Disney Channels and ABC recorded a 5.6 percent dec
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