The steady payouts from cable and satellite operators are looking shakier. A digital reality of a la carte programming and video streaming is setting in.
The Force should have been with Disney Chief Executive Bob Iger. "Star Wars" box-office, merchandise and video game sales helped the company generate record quarterly earnings of $2.9 billion.
Even so, Iger couldn't escape growing concerns, which he himself first flagged last August, over Disney's juggernaut ESPN. Some 99 million subscribers in 2013 have declined to an admittedly still-impressive 90 million or so, according to Nielsen.