TITLE

Mouse ponies up for kids club

AUTHOR(S)
Hayes, Dade
PUB. DATE
August 2007
SOURCE
Daily Variety;8/2/2007, Vol. 296 Issue 23, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers developments related to Walt Disney Co. in the U.S. The company has posted a small increase across its businesses during the earnings period ended June 30, 2007. Meanwhile, it has announced its acquisition of Club Penguin, an online kids community, for $350 million in cash, plus an additional $350 million in 2009 if the website hits certain growth and profitability targets. The site will be used to promote TV programs, films and consumer products.
ACCESSION #
26097135

 

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