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Tuesday, February 8, 2011

“Disney Interactive sees growth in Q1 2011 despite 'acquisition accounting'”

“Disney Interactive sees growth in Q1 2011 despite 'acquisition accounting'”


Disney Interactive sees growth in Q1 2011 despite 'acquisition accounting'

Posted: 08 Feb 2011 05:31 PM PST

The Walt Disney Company has reported its earnings for the first quarter of 2011, and the Interactive Media department saw revenues increase 58 percent from last year over the same period, to $349 million. Despite "higher sales of console games" this year ( Epic Mickey and Toy Story 3 are cited as part of the "strong performance"), the company says that the acquisition of Playdom nevertheless led ...

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