Disney's share price took a boost overnight with two elements driving an 8% increase in the stock in the US.

The home of Mickey & Minnie Mouse can thank the performance of its streaming channel Disney+ and the return of its parks for the jump.

While parks on this side of the Atlantic have not seen the same numbers return as their counterparts in America, revenue in the US parks surpassed that of pre-pandemic levels.

Recording revenue of $7.23bn across theme parks, experiences and products, the company doubled that of the previous quarter.

On the streaming side of the business, Disney+ added 11.8m subscribers in the first quarter of the year, bringing total subscribers to 129.9m as they look to compete with the likes of Netflix and Amazon Prime for attention at home, while also hunting down their target of 230m - 260m paying customers by 2024.

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The channel has benefited from the likes of 'The Mandalorian' and 'Black Widow' but Disney have forecast a strong second half of the year for new subscribers with the upcoming 'Obi-Wan Kenobi' series, which is due for release on May 25.

Overall subscribers have grown by 37% in the past year in comparison to rival Netflix, who saw its share price drop by 20% with slow growth in the first quarter.

The company's overall revenue jumped 34% to $21.28bn in the quarter ending January 1, $0.91bn better than top analyst predictions.

Disney Chief Executive, Bob Chapek said: "This marks the final year of the Walt Disney Company's first century, and performance like this coupled with our unmatched collection of assets and platforms, creative capabilities, and unique place in the culture gives me great confidence we will continue to define entertainment for the next 100 years."

Images: Getty/Disney