Walt Disney Company recently released their financial earnings for the fiscal quarter ending on July 3, which showed the games division still operating at a loss, but less so than the previous year. Revenue totaled $197 million, a leap of 75 percent from $113 million in the same period last year. For the nine months ending on July 3, the increase was less impressive; revenue rose just 5 percent to $573 million.
Disney Interactive posted a net loss of $65 million for the quarter, which was down from last year’s $75 million loss. Nine month losses totaled $130 million, also an improvement from the $181 million loss posted in 2009.
Marquee titles published during the quarter included Split/Second and Toy Story 3. Split/Second comes from Black Rock Studio, which Disney acquired in late 2006. Toy Story 3 was published by Disney, making it the first time in year that a Pixar-related game was not published by THQ. Both games received average review scores.
The Walt Disney Company itself posted overall revenues of $10 billion for the quarter. It also recorded a $1.33 billion profit, a 40 percent rise over the same period last year. Sales were pushed along by the success of Toy Story 3 and Alive In Wonderland from the feature film division.
1 Comments
August 11, 2010
So they're actually doing better. On top of that Toy Story 3 is now their highest grossing film ever. Beating out Finding Nemo. won't be long until it ties it's overseas gross. I doubt it'll reach 1Billion though.