Disney Interactive Q3 losses narrow, revenue drops

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

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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Disney Interactive Q3 Financials 2012