The Walt Disney Company has posted its fiscal first quarter results, with strong for the three months to January 1, 2011.
The company recorded revenues of $10.7 billion, up 10 per cent on the same period the previous year, while profits jumped by 40 per cent to $2.21 billion.
But while the Interactive Media division - which incorporates the videogames business - improved revenues by 58 per cent to $349 million, its losses widened from $10 million to $13 million.
That was despite "higher sales of console games" - titles released in the three months included Toy Story 3 and Epic Mickey - that were "more than offset" by the ongoing costs of the Playdom acquisition.
Interactive Media remains the smallest segment of the overall Company business, with its $349 million income comparing to $4.65 billion from Media Networks, $2.87 billion from Parks and Resorts, $1.93 billion from Studio Entertainment and $922 million from Consumer Products.