real-time news and commentary for investors
Wednesday, Aug 21
Disney getting serious about gaming, will profits follow?
- Disney (DIS -0.7%) will shut down Toontown Online and two other online games for children as it increases its focus on Club Penguin and new mobile game ventures.
- Club Penguin has been seriously beefed up with characters from the Star Wars franchise and Pixar movies popping up.
- The big picture: With Disney Infinity up and running on top of the other gaming moves, losing money in the Disney Interactive segment may be a thing of the past for the company.