Disney’s Interactive Unit Will Have a Tough Time Reaching Profitability
Walt Disney Co.’s troubled interactive division will have a tougher time reaching profitability this year, a goal Chief Executive Robert Iger had touted to shareholders.
The media conglomerate said Wednesday that its heavily hyped videogame, Disney Infinity, won’t be released in June as planned. It will instead come out on Aug. 18, meaning less revenue from the game — the biggest release from its interactive division — will be counted in Disney’s fiscal year, which ends in September.