Disney to triple games spending
House of Mouse in a bid to capitalise on 'real opportunity' in the industry.
Pirates of the Caribbean: At World's End publisher Disney will be raising its game development spending to $130 million this year, up almost a third on last year's $100 million, reports Reuters.
Disney's chief financial officer Tom Staggs told journalists at a briefing in London, "We are ramping up our investment in video games... It is a market where there is real opportunity."
Staggs also stated that Disney would be continuing to ramp up its game-related cash to "about a pace of $350 million a year." The executive added that this would be mainly for console and handheld formats, with the majority of the development spend for established content franchises, and the remaining 30 percent or so on new IP.
First up for the company's ambitious plans include a Spectrobes sequel and a massively multiplayer online game based on the Pirates of the Caribbean franchise.
Late last year, Disney launched a Salt Lake City-based games studio, Fall Line Studio, focused on creating games for Nintendo's Wii and DS platforms. The company also renamed its games division, formerly known as Buena Vista Interactive, to Disney Interactive Studios at the beginning of February.
The company has so far published a number of titles, including action role-playing game Spectrobes, Kingdom Hearts II (co-published and developed with Square Enix), and Cars (co-published by THQ). Upcoming titles include rhythm game High School Musical in September, and a Turok first-person shooter for next-gen consoles (TBA).
Last week, Disney also announced that it had signed a deal with comic book legend Stan Lee to create a series of new superhero franchises, including games.
53 Comments
- First to Last
- Latest
-
soldier1993
-
AnFangs_Endes
-
SteadyShark
-
JBiker51
-
kavadias1981
-
abw1977
-
GizmoVirus
-
Pete5506
-
AceCometh
-
litcarthoume
-
Luker123
-
lamprey263
-
Sheiko
-
mhder
-
VenDaler
-
ssjlinkx
-
jacnewforce07
-
Mr_Doom212
-
peeweeshift
-
RaiKageRyu
-
V-r0cK
-
619fan1
-
axia_777
-
Brokendemise
-
never-named
-
comthitnuong
-
VV2K
-
darren05r
-
Adamant_Faith
-
Two400
-
ssj4_2004
-
ElectrolightSH
-
nevershort
-
westsidejedi360
-
Symphonycometh
-
Boy_Man07
-
DS_fan_atic
-
Symphonycometh
-
dmish82
-
Willy105
-
carddude
-
CamisadoBlue
-
ghsacidman
-
Ardiendo_1
-
The_AI
-
Ardiendo_1
-
Agreb91
-
diablobasher
-
rokkuman09
-
mcxps3
- First to Last
- Latest
Subscribe to GameSpot's YouTube Channel
Hot Stories
Newsmakers
-
(Twisted Metal) David Jaffe DICE 2012 Session
Twisted Metal and God of War creator David Jaffe presents the cycle of life for a gamer: eat, sleep, and play. Full Story
- Posted Feb 9, 2012 2:01 pm PT
Featured Stories
-
Microsoft experimenting with tablet controller for next Xbox - Report
Company reportedly tinkering with Wii U-like touch-screen controller with HD screen and "traditional" Xbox 360 buttons and control sticks for next console; price tag could be over $500. Full Story
- Posted Feb 10, 2012 6:09 am PT
- 321 Comments
-
Skyrim wins IAA Game of the Year
The Elder Scrolls V caps a big night by winning multiple categories, top honors at the Interactive Achievement Awards. Full Story
- Posted Feb 9, 2012 10:02 pm PT
- 213 Comments
-
Diablo III delayed again
Activision pushes action RPG to April-June quarter; company not expecting to ship both Starcraft II: Heart of the Swarm and WOW: Mists of Pandaria this year. Full Story
- Posted Feb 9, 2012 2:21 pm PT
- 624 Comments
-
iPad 3 to be announced next month - Report
Apple will unveil iPad 2 successor during first of week of March at an event in San Francisco, Wall Street Journal sources say. Full Story
- Posted Feb 9, 2012 8:03 am PT
- 157 Comments
-
Activision Blizzard posts $1 billion profit in 2011
Publisher posts record net income on revenues of $4.76 billion; Modern Warfare 3 top-selling game last year; Elite paid subscribers reach 1.5 million. Full Story
- Posted Feb 9, 2012 2:10 pm PT
- 175 Comments
Related Game
Pirates of the Caribbean: At World's End
Follow for the latest news, videos, & tips from experts & insiders
- Publisher(s): Disney Interactive Studios
- Developer(s): Eurocom Entertainment Software
- Genre: Action
- Release: May 22, 2007 (US)





