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Disney profit soars 27% on strength of 'Frozen'
Disney profit soars 27% on strength of 'Frozen'

Walt Disney Co. reported a 27% surge in second-quarter profit, lifted by the continued strong performance of its blockbuster animated film "Frozen." The world's largest entertainment and media company raked in nearly $2 billion in the three months that ended March 29, and easily topped Wall Street projections. "Frozen" has become the highest-grossing animated movie of all time since its release Nov. 22, grossing $1.175 billion worldwide. Disney said the film's overseas theatrical performance and strong sales on home entertainment platforms including Blu-ray and DVD contributed to its studio division's strong quarter. Disney said profit at the studio...