Disney Interactive pulls in $9 million in Q1
Mobile and social push the division forward
The Walt Disney Company released its reported earnings for the first fiscal quarter end on December 29, 2012, including the Disney Interactive software division. Disney Interactive's revenue for the quarter totaled $291 million, up 4 percent from the previous year. Profit for the division improved from a net loss of $28 million in fiscal Q1 2012 to a net income of $9 million this quarter.
Disney Interactive pointed to growth in the company's licensed Japanese mobile titles and lower user acquisition costs in its social business for the improved profits.
Disney Interactive released only a few titles during the quarter, including Epic Mickey 2: The Power of Two, Epic Mickey: Power of Illusion, Toy Story Mania, and Wreck-it Ralph. The division recently closed Epic Mickey 2 developer Junction Point, leaving Disney Interactive with two console-focused development studios, Disney Infinity developer Avalanche Software and Guilty Party developer Wideload Games.