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DIS Walt Disney CDR CAD Hedged

11.61
-0.35 (-2.93%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Walt Disney CDR CAD Hedged NEO:DIS NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.35 -2.93% 11.61 11.59 12.00 11.97 11.52 11.91 90,325 21:00:09

Disney To Acquire Chicago Videogame Maker Wideload

08/09/2009 2:56pm

Dow Jones News


Walt Disney CDR CAD Hedged (NEO:DIS)
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   DOW JONES NEWSWIRES 
 

Walt Disney Co. (DIS) will buy Chicago-based videogame developer Wideload Games and create a vice president of creative title at its video gaming division for the company's chief executive and founder.

Terms of the deal weren't disclosed.

Wideload, which has 25 full-time workers, is developing a family console game scheduled for release in 2010 from Disney. The studio will focus on creating new intellectual properties that target a broad audience.

Wideload CEO Alexander Seropian will oversee creative development across Disney Interactive Studios, which is reportedly merging with Disney's digital media group. Seropian also founded Bungie Software - acquired by Microsoft Corp. (MSFT) in 2000 - and helped create the popular Halo series of games at Bungie.

Disney shares were up 1% at $26.35 premarket.

-By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com

Order free Annual Report for The Walt Disney Company

Visit http://djnewswires.ar.wilink.com/?link=DIS or call 1-888-301-0513

 
 

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