Disney Interactive Q3 losses narrow, revenue drops

Wednesday, 8 August 2012 09:23 GMT By Patrick Garratt

Disney’s games business pulled losses down by half in its Q3, but revenue dropped alongside, GamesIndustry reports.

In the quarter ending June 30, DI achieved revenues of $196 million, down 22% year-over-year from $251 million.

Losses fell from $86 million to $42 million.

Disney’s gaming division is currently in the process of moving away from traditional console products to social and mobile markets.

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