Disney Interactive profits up thanks to Infinity

Erik Johnson
Disney Interactive profits up thanks to Infinity

Disney Interactive saw a 38 per cent increase in revenue during its Q2 2014 period, according to a new earnings report released by the Disney Company.

For the three-month period ending on March 29th, Disney Interactive earned $268m in revenue – up from $194m during the same period in 2013. Operating income losses were down to $14m as well, compared to $54m last year.

Disney attributed the strong results to sales for Disney Infinity, which didn't become available until its Q4 2013 period. The firm also took the top off the franchise's Marvel-infused 2.0 update just last month.

"We’re extremely pleased with our results this quarter, delivering double-digit increases in operating income across all of our businesses and the highest quarterly earnings per share in the history of the Company," Walt Disney Company CEO and Chairman Robert A. Iger said.

"Our continued strong performance reflects the strength of our brands, the quality of our content, and our unique ability to leverage creative success across the entire Company to drive value."

The company's Japanese mobile business growth contributed to the results as well, thanks to higher licensing fees from games sales, subscribers and sales of handsets.

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Tags: financial report , disney interactive , walt disney , MCV USA , Disney Infinity

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