|Disney Interactive see 58% Q3 revenue rise, losses reach $13m|
|Posted: 09.02.2011 12:00 by Simon Priest||Comments: 0|
The third quarter posting from Disney Interactive show they raked in revenues of $349 million, which is up 58 percent from the same period in 2009.
However they still posted a loss of $13 million, a 13 percent increase. Disney Interactive reportedly coughed $763.2 million for Playdom in July 2010.
It was Junction Point's Epic Mickey for Nintendo Wii and Toy Story 3 that kept revenue high. Recently the games division of Disney has announced a change of strategy as they become a digital-only publisher, laying off significant numbers of studio staff.