The Walt Disney Corporation is so massive, its games division sometimes seems like a drop in the bucket. But the megacompany credits its Interactive Media division with a 74 percent increase in net revenues this quarter.
Revenues are at $197 million this quarter (up from $113 million for this same quarter last year), while operating losses shrank from $75 million to $65 million.
Disney credits the bump in numbers to the releases of Split Second and Toy Story 3 during the quarter -- whereas last year, all they had coming out about this time was a Hannah Montana game.
Going forward, it'll be interesting to see how Disney's acquisition of both Tapuluous and Playdom affects their earnings.
The next big release for Disney Interactive is Tron: Evolution, followed by Epic Mickey in the fall/winter seasons. There's also a Disney Sing It! game that'll probably sell like hotcakes because who doesn't like belting out Hakuna Matata or Part of Your World once you've had a few.