Author Topic: Disney Interactive Sees Revenue Increase Due to Disney Infinity Success  (Read 666 times)

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Offline Dangerface

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

http://www.nintendoworldreport.com/news/36487

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.


Offline BlackNMild2k1

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Re: Disney Interactive Sees Revenue Increase Due to Disney Infinity Success
« Reply #1 on: February 05, 2014, 10:06:56 PM »
Disney Infinity's success would explain why they also have a Marvel Infinity and a Star Wars Infinity in the works.