Disney's Interactive division--which houses the company's gaming business--posted a loss of $58 million for the quarter ended June 29, the entertainment giant has announced as part of its latest earnings report.

　　The $58 million loss was worse than the $42 million loss the company recorded in the April-June quarter last year. Disney Interactive revenues for the period fell 7 percent to $183 million, compared to $196 million last year.

　　Lower operating results were attributed to lower minimum guarantee recognition, a decline in console game sales (Disney released no new console games in the quarter), and a decrease in the company's social game business. These decreases were offset partially by growth at Disney's Japanese mobile business.

　　Disney Interactive was the only Disney business unit to post a loss for the quarter. The company's Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products divisions all were in the black for the April-June period.

　　The company has two major console games on the horizon: this month's Disney Infinity and 2014's Fantasia: Music Evolved, from Guitar Hero and Rock Band creators Harmonix. In a post-earnings financial call, Disney CEO Bob Iger spoke highly of Disney Infinity.

　　"We are also looking forward to the launch of Disney Infinity on August 18," Iger said. "We have showcased Infinity to a number of audiences and we are very encouraged by the overwhelmingly positive response we are getting across the board from retailers, reviewers, and consumers alike. And we are also very proud of the several best of awards that Disney Infinity earned at this year's E3."

　　For more on Disney Infinity, check out GameSpot's previous coverage.

　　You need a javascript enabled browser to watch videos.

　　Click To Unmute

　　Creating Disney Infinity - Designing the Figures

　　How Alan Wake II Made Me Face My Fear of Horror Games

　　GameSpot's Top 10 Games of 2023Thompson: The Pop Culture Icon’s Strange Legacy - LoadoutFirearms Expert’s FAVORITE Weapons Of 2023State Of Gaming Handhelds In 2023How Lies of P Cracked the Souls GenreLike a Dragon: Infinite Wealth - Official Ichiban Kasuga Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Saeko Mukoda Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Chitose Fujinomiya Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Eric Tomizawa Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Kazuma Kiryu Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Yu Nanba Character Spotlight Trailer

　　Share

　　LinkEmbed

　　Size:640 × 360480 × 270

　　Start at: End at: Autoplay Loop

　　Want us to remember this setting for all your devices?

　　Sign up or Sign in now!

　　Please use a html5 video capable browser to watch videos.

　　This video has an invalid file format.

　　00:00:00

　　HTML5

　　Auto HD High Low

　　Report a problem

　　Sorry, but you can't access this content!

Please enter your date of birth to view this video

　　By clicking 'enter', you agree to GameSpot's

　　Terms of Use and Privacy Policy

　　enter