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Disney+ racks up 50 million subscribers in five months
International expansion and overall demand helped Disney+ reach a large audience relatively quickly.
Disney deal will keep ESPN on PlayStation Vue for years to come
Don't worry about the fate of ESPN channels on PlayStation Vue -- they're not going anywhere. Sony and the Walt Disney Company have struck a "multi-year" deal that will keep delivery Disney-owned channels to Vue, including several ESPN channels, ABC, the Disney Channel and recently acquired Fox channels like FX and National Geographic. There's no mention of how much the deal is worth.
Disney Infinity takes Interactive division into profit and beyond
Disney Interactive posted $116 million in annual operating profit, which is the first time Disney's gaming arm has made a yearly gain under its current setup. The figure represents the division's profit for the fiscal year that ended September 27, 2014, underlining the impact of Disney Infinity and its array of collectible figures since launching in August 2013. It's not all been plain sailing for Disney Interactive this year, after the division reportedly laid off around 700 employees in March 2014, roughly a quarter of its staff. Disney Interactive President James Pitaro said at the time, "These are large-scale changes as we focus not just on getting to profitability but sustained profitability and scalability." A month later, Pitaro revealed Disney Infinity had notched 3 million starter pack sales and an estimated $500 million in revenue. The game's follow-up, Disney Infinity: 2.0 Edition, launched with a Marvel-boosted line-up in mid-September. In its financial statement, Disney said the sequel's shorter window ahead of the fiscal results "partially offset" the Interactive division's Q4 profit of $18 million, which was still up from the previous year's figure of $16 million.
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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]
Disney's Pirates of the Caribbean Online sunsetting in September
It looks as though Disney is going on a good old-fashioned reaping today and culling some of its less-profitable MMO properties. In addition to shuttering Toontown Online, the Mouse House is sunsetting Pirates of the Caribbean Online on September 19th. The official announcement informed players today of the sad news and explained the decision to cancel this title: "The Walt Disney Company is committed to offering high-quality, entertaining play experiences in both online virtual worlds and mobile apps. At this time, we are shifting our development focus towards other online and mobile play experiences, such as Club Penguin and a growing selection of Disney mobile apps." The upshot of this is that the final month will be playable for free to anyone interested, and any players who paid up past August 20th will receive an email with details regarding refunds.
Cablevision inks deal with The Walt Disney Company, brings WatchESPN and more to subscribers
For some time now, Cablevision subscribers have been missing out on many of the internet-based and other offerings from The Worldwide Leader in Sports. Today, however, folks will be happy to know that The Walt Disney Company (ESPN's parent outfit) and Cablevision have reached a deal which will bring access to a variety of new content on different platforms, including WatchESPN, ESPN3, ESPN 3D as well as on demand channels from ABC and Disney's extensive repertoire. Mum's the word on how much cash was involved in the deal, but we do know it's a multi-year agreement and that Walt & Co. feel rather content about it, with a company's spokesperson saying, "With our robust and ever-growing multi-platform content offerings, we're pleased to be able to expand our relationship with Cablevision."
Rumor: Entire Faxion Online team laid off
Although the Faxion Online team has weathered layoffs before, today it looks as though none have survived a recent culling. According to a forum post citing a former UTV employee, it's rumored that the entire team has been given their pink slips. "It is now officially dead," the unnamed source wrote. "They laid off the rest of the Faxion team, so there is no one left to do anything." Disney recently bought out UTV Ignition, which oversees Faxion Online, and there was some speculation that the Mouse House might be making cuts in this struggling PvP MMO and elsewhere. So far this is an unconfirmed rumor, and it remains to be seen what impact this will have on Faxion going forward if true.
Disney looking to buy out Faxion Online developer
Disney could become a major player in the future of Faxion Online if it goes ahead with a proposed deal to buy out the rest of UTV Software Communications' stock. Currently, Disney has a majority stake in the company -- 50.4% -- but this move would bring it up to a nice round 100%. The Ignition Entertainment label would fall under this deal, which has already been struggling with numerous layoffs and studio closings. We recently reported that UTV Ignition had to cut a good portion of its programming, maintenance, and customer service staff as part of these problems. Whether or not this deal will prove a boon or a hammer blow to Ignition remains to be seen. Disney has previously closed down developers Black Rock and Propaganda Games, although Mickey's parent company is looking to move in the direction of more social and casual gaming. We'll keep a close eye on this deal to see how it plays out.
ESPN streaming coming to Xbox 360?
As if you needed another impetus to abandon cable and satellite TV, The New York Times is reporting behind closed door dealings are afoot between Microsoft and Walt Disney Company, with order of business being ESPN streaming via Xbox 360. According to the anonymous source, live streams of sporting events à la the now aptly-titled ESPN360 could come to the console on a per-subscriber fee, along with related interactive games. The thing with secret meetings, of course, is that they can never be confirmed and, should talks fall through, amount to nothing in the future -- just keep that in mind before you get too excited and cancel Comcast a bit prematurely.
