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
Project Legion Dead; DUST 514-Inspired PC Shooter Planned
Dark Souls III Intro Cinematic
Street Fighter V Trailer
ARK: Survival Evolved Update Adds Grappling Hook
Valhalla Hills Free DLC
Evening Patches
On Sale
Evening Interviews
Evening Previews
Evening Consolidation
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Hitman Beta FAQ/Trailer
Unsung Story Development Halts
U.K. Sales Charts
Morning Crowdfunding Roundup
  

 



footer

Blue's News logo