Disney Interactive takes $54 million loss
Posted on May 8, 2013 by Brian(@NE_Brian) in General Nintendo, News
Disney turned a profit in almost all of its business sectors during the past fiscal quarter. The one unprofitable area? Gaming, of course!
Disney Interactive lost $54 million for the first quarter of 2013 ending March 30. However, it is an improvement over last year’s $70 million loss. Revenues also managed to reach $194 million.
A similar downturn is expected by Disney in the current quarter. With the launch of Disney Infinity in August though, the company could see improved profits later in the year.
