Home » Archive

Articles tagged with: Disney Interactive earnings

Disney Media »

[17 May 2012 | No Comment | ]
Disney Interactive Losses Improve Due to Social Games

Disney Interactive Media announced their revenues have increased by 13% from the previous quarter, crediting the increased focus on social games and the cheaper cost of developing console games for the improvement. However, the company still recorded a $70 million loss in the second quarter, albeit a much “cheaper” loss than the $115 million they lost in the first quarter.
Disney released a press release detailing their second quarter earnings, and said:
Social game results were driven by lower acquisition accounting impacts which had a higher adverse impact on the prior-year …