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?

Source: GameSpot

No
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Our Verdict

Nikola Katardjiev
You can contact me at [email protected] Hello, my name is Nikola and I'm Gamnesia's Content Director. My job on this site involves managing all our weekly content, and ensuring that they have a timely release date, but I also contribute with the daily news grind and the occasional editorial. I've grown up with video games, but have only recently taken an active interest in writing and discussing them at a deeper level. My history with games has been very Nintendo-focused, but my tastes have changed a bit over time and I now mostly do my gaming on my PC. If you're interested in my work, you can read a small selection below: Assassin's Creed Unity And The Death of 30 FPS Games Are not Ready to be Art The Rise of PC Gaming: How Valve Conquered a Digital World How Fear of Change Set Console Gaming Back

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