Disney Looking for Acquisitions

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I’m not really sure what to make of this as of yet, it seems the acquisition of Gamestar wasn’t enough for Disney Interactive studios.

They are now looking to double their annual videogame development spend to USD 350 million in the next 4 to 5 years, and further studio acquisitions are “definitely a fair assumption” according to Thierry Braille.

Disney Interactive aren’t exactly on the forefront of most gamers minds but it seems they are doing something to change that.

In an interview with gamesindusty.biz, Thierry Braille had this to say, “This year we’re spending USD 180 million on development, and we think that in 4 or 5 years from now that should be about USD 350 million.”

“So it gives you an idea of the growth path we have in mind. Now if you take this growth path into account, and look at the way to spend money on product development, you could assume that there will be a mix of money spent on internal and external development.”

“If we spend more than twice the amount of money, it’s fair to assume we cannot exclude a studio acquisition – it’s definitely a fair assumption.”

I’m all for it if it will help put out quality games, but with rumours that a Disney videogame IP could be making the transition to film or television, I’m not sure what the future of Disney Interactive Studios actually is. Lets hope they take the right path

source: GamesIndustry.biz

Last Updated: September 3, 2008

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