Recently, Disney unveiled Disney Xtreme Digital, a networking site aimed at children less than 14 years of age. This service competes against MySpace (owned by News Corporation). Walt Disney just reported an increase in fiscal 2007 second-quarter net income mostly as a result of strong gains at cable network ESPN and surprise movie hit as Wild Hogs. Major investments have been placed in new releases and sequences to be released in the second and third quarter of 2007. The Media Networks division generated the highest profit of any Disney segment during the second quarter of 2007.