Interactive Media revenues for the quarter decreased 29% to $221 million and operating results improved from a loss of $45 million in the prior-year quarter to a loss of $10 million in the current quarter driven by improvements at Disney Interactive Studios and Disney Online.
At Disney Interactive Studios, lower unit sales of self-published video games, driven by fewer releases, were more than offset by lower marketing expenses, inventory costs and bad debt charges. The increase at Disney Online was driven by increased subscription revenues at Club Penguin. |