Advertisement
YOU ARE HERE: LAT HomeCollectionsDisney Interactive
IN THE NEWS

Disney Interactive

FEATURED ARTICLES
ENTERTAINMENT
February 3, 2014 | By Daniel Miller
Disney Interactive, the struggling  video game and digital media subsidiary of the Walt Disney Co., is expected to begin a round of layoffs, according to a source with knowledge of the matter. The cuts could come as soon as this week. Disney Interactive, which lost more than $200 million a year between 2008 and 2012, is in a period of transition. The division parted ways with its Co-president John Pleasants in November, just months after the successful launch of its "Disney Infinity" video game.  The Wall Street Journal, which first reported news of the layoffs, said Disney Interactive would lay off "several hundred people.
ARTICLES BY DATE
ENTERTAINMENT
March 7, 2014 | By Joe Flint
After the coffee. Before confessing that I invented Bitcoin. The Skinny: My Sunday TV viewing is going to get more complicated. I'm already juggling "The Walking Dead," "Girls," "True Detective" and "The Good Wife. " Now ABC is adding "Resurrection" to the mix. I really liked the pilot and hope the series can deliver. Today's roundup includes the weekend box office preview. Also the FCC is working on new rules for local TV, and Disney makes big cuts at its interactive unit.
Advertisement
ENTERTAINMENT
October 17, 2012 | By Dawn C. Chmielewski and Ben Fritz
Club Penguin founder Lane Merrifield is leaving Walt Disney Interactive two years after a reorganization put him in charge of the entertainment giant's online virtual worlds strategy. He is being replaced by a well-regarded Disney veteran of 10 years, Chris Heatherly, according to a person knowledgeable of the changes who is not authorized to discuss the matter publicly. Heatherly originally designed toys for the company before moving to its digital games division. Merrifield joined Disney in 2007 after its $350-million acquisition of Club Penguin, which pioneered the once popular business of virtual worlds for children -- many of whom spent their parents' money buying digital items.
ENTERTAINMENT
March 6, 2014 | By Daniel Miller
Disney Interactive, the struggling  video game and digital media subsidiary of Walt Disney Co., is cutting roughly 700 jobs worldwide, the company said Thursday. The division is closing offices in Chicago, New Jersey, Colorado, South Korea and Hyderabad, India. The layoffs represent about 26% of the division's workforce. Disney Interactive said in a statement that it "has consolidated several lines of business as part of an effort to focus the division on a streamlined suite of high quality digital products.
BUSINESS
April 17, 1997 | JILL LEOVY, TIMES STAFF WRITER
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.
BUSINESS
March 7, 2002 | Reuters
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.
ENTERTAINMENT
January 29, 2013 | By Ben Fritz
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.
BUSINESS
June 29, 1995 | Times Staff and Wire Reports
Multimedia Start-Up Scores Disney Deal: Two-year-old interactive firm 7th Level Inc. and Disney Interactive will co-develop a CD-ROM game based on Walt Disney Co.'s "Lion King" characters Pumbaa and Timon, the companies said. The deal is something of a coup for 7th Level, whose proprietary animation technology distinguished it from the dozens of multimedia start-ups coveting an alliance with Disney.
NEWS
April 17, 1997 | JILL LEOVY, TIMES STAFF WRITER
Disney Interactive, a Glendale-based unit of the Walt Disney Co., has laid off 90 permanent employees and an undisclosed number of temporary workers, ending the company's 3-year-old experiment with producing video games in-house. The workers were dismissed Tuesday without warning--though rumors had circulated beforehand--and were told to leave by the end of the day, Disney Interactive spokeswoman Amy Malsin said.
BUSINESS
September 20, 2001 | Bloomberg News
Walt Disney Co. said it formed a new business unit to develop games that can be played on the Internet, interactive television and wireless communication devices. Disney named Jan Smith as president of Buena Vista Game Entertainment Studio, reporting to Disney President and Chief Operating Officer Robert Iger. Smith will continue in her job as president of Disney Interactive, which makes game software for personal computers and video game systems.
ENTERTAINMENT
March 6, 2014 | By Daniel Miller
Walt Disney Studios and Shanghai Media Group Pictures have stuck a multiyear partnership agreement to co-develop Disney-branded movies that would be released in China and other international markets. China's film business is expanding rapidly. Last year, its total box office take topped  $3.6 billion, up about 27% from 2012. According to Motion Picture Assn. of America data, the country is the world's second-biggest movie market behind the United States. Under terms of the deal, Disney Studios, a unit of Burbank-based Walt Disney Co., would pair U.S.-based writers with writers and filmmakers in China to collaborate on movie projects.
ENTERTAINMENT
February 5, 2014 | By Daniel Miller
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.
ENTERTAINMENT
February 3, 2014 | By Daniel Miller
Disney Interactive, the struggling  video game and digital media subsidiary of the Walt Disney Co., is expected to begin a round of layoffs, according to a source with knowledge of the matter. The cuts could come as soon as this week. Disney Interactive, which lost more than $200 million a year between 2008 and 2012, is in a period of transition. The division parted ways with its Co-president John Pleasants in November, just months after the successful launch of its "Disney Infinity" video game.  The Wall Street Journal, which first reported news of the layoffs, said Disney Interactive would lay off "several hundred people.
ENTERTAINMENT
May 6, 2013 | By Daniel Miller
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.
ENTERTAINMENT
January 29, 2013 | By Ben Fritz
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.
ENTERTAINMENT
October 17, 2012 | By Dawn C. Chmielewski and Ben Fritz
Club Penguin founder Lane Merrifield is leaving Walt Disney Interactive two years after a reorganization put him in charge of the entertainment giant's online virtual worlds strategy. He is being replaced by a well-regarded Disney veteran of 10 years, Chris Heatherly, according to a person knowledgeable of the changes who is not authorized to discuss the matter publicly. Heatherly originally designed toys for the company before moving to its digital games division. Merrifield joined Disney in 2007 after its $350-million acquisition of Club Penguin, which pioneered the once popular business of virtual worlds for children -- many of whom spent their parents' money buying digital items.
CALIFORNIA | LOCAL
February 1, 2000
* Disney Consumer Products Group of Burbank announced the promotions of Fernando Avila to vice president of operations and technology for shared services infrastructure operations, and Rachel Glaser to vice president of operations and technology for global merchandising. Avila joined Disney in 1980 and has been involved in technology initiatives at the corporate level, the company said. Glaser came to Disney in 1986 and has held various positions within the finance department.
BUSINESS
July 6, 1998 | KAREN KAPLAN
Digital Domain is expected to announce today that it has hired Debra Streicker-Fine, former president and chief executive of Cloud 9 Interactive, to lead its interactive media group. Streicker-Fine oversees about 30 people who produce CD-ROMs, games and content for the Internet and interactive television at the Venice special-effects firm. Digital Domain Interactive Media produced the "Barbie Fashion Designer" CD-ROM, which has sold 1.3 million copies, and its sequel, "Barbie Cool Looks."
BUSINESS
January 26, 2011 | By Dawn C. Chmielewski, Los Angeles Times
When it comes to games, Walt Disney Co. is embarking on a new game plan. The entertainment giant is restructuring its money-losing digital media group, laying off employees and closing a game development studio as the company shifts away from expensive console games to focus on online and mobile entertainment. Disney Interactive Media Group laid off about 200 people Monday as co-Presidents John Pleasants and James Pitaro announced a sweeping reorganization of the unit's games and online groups.
BUSINESS
September 25, 2010 | By Dawn C. Chmielewski, Los Angeles Times
The Walt Disney Co. executive who oversaw a vast expansion of the studio's online and gaming ventures, but struggled to achieve profitability, is leaving the company. Steve Wadsworth, president of Disney Interactive Media Group, sent an e-mail to his staff late Thursday, saying he had decided to leave after 11 years. He gained broad oversight of the media giant's sprawling digital operations in a 2008 reorganization, which combined the games group with the company's online operations.
Los Angeles Times Articles
|