May 6, 2013 |
The Walt Disney Co. and Electronic Arts Inc. have inked a licensing deal that will see the video game developer make and publish new "Star Wars" games, the companies said Monday afternoon. Under the exclusive, multi-year agreement, Electronic Arts will develop titles for "all interactive platforms and the most popular game genres" related to "Star Wars. " Disney retains certain rights to develop games for mobile, social, tablet and online platforms, the companies said. The announcement comes a little more than a month after Disney's Lucasfilm Ltd. subsidiary, which is responsible for the "Star Wars" franchise, said it would no longer make video games.
April 17, 1997 |
Faced with having to boost production costs to keep up with the fast-moving video game market, Disney Interactive has laid off 90 permanent employees and an undisclosed number of temporary workers, ending the company's 3-year-old experiment producing video games. The Glendale-based unit of Walt Disney Co. will continue to offer video games, but only through license agreements and other development relationships with third parties, said Disney Interactive spokeswoman Amy Malsin.
September 9, 2009 |
Continuing to bring in creative talent and properties from the outside, Walt Disney Co. has hired Alex Seropian, a founder of the company behind the hit series Halo, as the creative head for its video game division. In addition, Disney is acquiring Wideload Games, the development studio he runs. The deal comes just a week after Disney agreed to buy Marvel Entertainment Inc. for $4 billion. In 2007 it acquired online virtual world Club Penguin for $350 million. Lane Merrifield, the general manager of Club Penguin, is now working on other online projects for the company.
February 5, 2014 |
Walt Disney Co. reported a 33% increase in net income for its fiscal first quarter, lifted in part by the performance of its hit movies "Frozen" and "Thor: The Dark World. " The Burbank company posted net income of $1.84 billion for the quarter that ended Dec. 28, up from $1.38 billion a year earlier. Revenue rose 9% to $12.31 billion. Disney, the world's largest entertainment and media company, posted earnings of $1.03 a share, up from 77 cents a year earlier. That exceeded the expectations of analysts, who had predicted earnings of 91 cents a share, according to investment research firm Zacks.
January 29, 2013 |
Walt Disney Co.'s video game division laid off about 50 staffers Tuesday from several locations on the same day that it closed the Austin, Texas, studio that produced its "Epic Mickey" titles. The layoffs were separate from the people who lost their jobs at Austin-based Junction Point, according to a knowledgeable person not authorized to discuss the matter publicly. Disney's Interactive Media unit, which also includes online content, has shed jobs recently as it attempts to meet Chief Executive Robert Iger's publicly stated goal of achieving profitability in its current fiscal year.
March 7, 2002 |
Walt Disney Co.'s Internet and wireless group said it had signed a deal to develop news and entertainment for a wireless software platform being rolled out by the nation's largest wireless telephone network. Under the deal, Walt Disney Interactive Group will create ESPN-branded sports services for a new applications platform being developed by Qualcomm Inc. for use in wireless telephones.