Walt Disney Co. is betting the kingdom on streaming, and so far it appears to be paying off. Hot on the tail of announcing two major deals with the NFL and WWE, Disney upped its forecast for its streaming business for the rest of the year and revealed several significant changes to come.

Disney is having a strong year, with both streaming and parks helping the company beat Wall Street’s expectations. In its latest quarterly earnings report on Wednesday, Disney said its streaming business grew by 6% and made a $346 million profit for the three months ending June 28.

The blockbuster deal with the NFL and a new deal with the WWE are key pieces to the ESPN part of Disney's streaming strategy.

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.

Disney is shaking up the streaming world. On Tuesday night, the Walt Disney Company’s subsidiary ESPN announced a deal with the NFL, which will acquire the NFL Network, NFL RedZone and NFL

ESPN’s long-awaited direct-to-consumer streaming service is coming soon. And it’s adding one of America’s favorite sports shows: NFL RedZone. The NFL and Walt Disney Co. DIS finally announced an agreement Tuesday that will see the media giant acquire most of the football league’s media assets — including RedZone,