Disney's Interactive Media Group reported a $45 million loss
during its last quarter, which is practically the other side of the metronome from the $58 million it gained during the same period last year. It's not all bad for the group, which includes Disney Interactive Studio and Disney Online, as IMG saw a 13% increase in revenues to $313 million.
Disney blamed the loss on high production costs and marketing expenses. Disney
has already taken steps to cut back on costs by letting people go and consolidating studios
, while cutting back on those pesky high production cost