Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Disney Interactive Cuts 700

NYTimes.com has details on massive cuts at Disney Interactive, saying about 700 employees today were cut today, which represents about a quarter of the workforce at Disney's game and Internet division. Word is this is part of a refocus that will involve the release of fewer games and a concentration on outside development. "We’re not exiting any businesses, and we will pursue licensing partnerships in which we retain a lot of creative input," says James A. Pitaro, president of Disney Interactive. "But this is a doubling down on mobile and an effort to focus much more intently on a core set of priorities." The article also notes the move seems an admission that Disney's purchase of Playdom in 2010 was a waste of more than a half-billion dollars. Thanks Neutronbeam.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Gratuitous Space Battles 2 Announced
Ace Combat Assault Horizon Free Weekend
Jagex Free Weekend
Ships Ahoy - Gods Will Be Watching
Son of Nor Early Access
Fallen Enchantress: Legendary Heroes Patched
Pulstar Adds Linux Support
Evening Crowdfunding Roundup
On Sale
Evening Interviews
Evening Previews
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Wargame Red Dragon Celebrates 1M Copies with Free DLC
  

 



footer

.. .. ..

Blue's News logo