Disney Interactive promises profitability by 2013
Disney Interactive executives have pledged to see the beleaguered publisher return a profit by 2013.
According to PaidContent, Disney Interactive co-presidents John Pleasants and James Pitaro made the promise at an investor meeting in Anaheim yesterday.
The pair announced a 25 percent cut in operating costs as part of their strategy to turn the struggling division around – on top of recent lay-offs and closures.
The Interactive division was the only sluggish performer at Disney’s recent financials.
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