Disney Interactive Planning to Up Profits by 2013
James Pitaro and John Pleasants, the current co-presidents of Disney Interactive Studios, have stated that they plan on raising the company's profits by the year 2013. By switching focus from console games to casual games for mobile devices and online games through social networking sites, Disney intends on getting the company out of its current financial rut by cutting costs by 25 per cent.
After laying off a number of employees and closing down Propaganda Games, it's obvious Disney is trying to cut costs and move forward. Whether we'll see the company rise within the next two years is up for debate, but it should prove interesting to see how Disney's changes will affect the company moving forward.