Disney Infinity drives Interactive group to $403 million in revenue
Disney reported $403 million in revenue for its Interactive group in its fiscal first quarter 2014 financial results, a three-month period that ended on December 28, 2013. It is a 38 percent increase over the revenue earned by the Interactive group in Q1 of 2013, $291 million.
The leap in earnings for Disney Interactive is thanks to strong sales for Disney Infinity, Avalanche Software's sandbox adventure game that features popular Disney characters and Skylanders-like physical toys to go with them. Of course, Disney Interactive is just one slice of the Mickey Mouse house's pie; The Walt Disney Company reported $12.3 billion in revenue for the quarter.
While everything sounds splendid for Disney, the Wall Street Journal reported layoffs for Disney Interactive that measure in the hundreds just a few days ago.
[Image: Disney Interactive]
