Disney's profit and revenue climbed in its fiscal third quarter based on the strength of the entertainment company's streaming service and domestic theme parks.

This week’s expanded deals with the NFL and a new partnership with WWE provides ESPN the more inventory and offerings, which it hopes will bolster the company in a landscape that is divided among cable, satellite and streaming.

Walt Disney Co (NYSE: DIS) is inching down this morning after reporting mixed financial results for its third quarter. Investors are choosing caution even though the entertainment conglomerate announced a landmark deal between ESPN and the WWE on Wednesday.