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Disney Interactive Sees Revenue Increase Due to Disney Infinity Success

by Becky Hollada - February 5, 2014, 6:32 pm EST
Total comments: 1 Source: (Disney Earnings Report), (WSJ), http://online.wsj.com/news/articles/SB100014240527..., http://thewaltdisneycompany.com/sites/default/file...

But not all is magic and happiness in the world of Disney.

Disney Interactive saw a 38 percent increase in revenues for the first fiscal quarter of 2014, according to a report released today by The Walt Disney Company, and the company has the success of Disney Infinity to thank for it.

Revenues for Disney’s games business jumped to a total of $403 million, as opposed to last year’s $291 million, and operating income increased from $46 million to $55 million. Disney Infinity, release in August 2013, is largely responsible, but Disney also cited growth in their Japan mobile business as a contributing factor.

However, the Wall Street Journal reported on Monday that Disney Infinity’s success hasn’t been enough to keep the company from preparing to lay off several hundred employees in their video game business. Playdom, Disney’s struggling social-gaming venture, is expected to be hit hardest.

Talkback

BlackNMild2k1February 05, 2014

Disney Infinity's success would explain why they also have a Marvel Infinity and a Star Wars Infinity in the works.

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