Another quarterly earnings report is in, and this time it’s Disney that’s bringing the news. Its interactive division, responsible for franchises such as Kingdom Hearts and Epic Mickey, has posted a net loss of 58 megadollars over the period from April to June, with total income down to $183 million from $196 million from the same quarter of last year.
This can be partly attributed to the lack of games launched by Disney Interactive: not a single game was launched by the publisher during the entire quarter in question. This may have brought profits down, as the company is preparing the launch of Disney Infinity, as well as the North American and European releases of Kingdom Hearts HD 1.5 Remix.
Do you think that upcoming releases will help the company improve their bottom line?