Disney Interactive to cut more

Promises investors to turn the ship around
Text: Petter MÃ¥rtensson
Published 2011-02-18

Disney Interactive has hardly been making the big bugs lately - in fact, it was the only part of Disney that didn't turn a profit last year. The company has already been firing a lot of people, done a lot of reshuffling and replanning - but it doesn't look like it's over yet. Disney Interactive top dogs John Pleasants and James Pitaro have now told investors that they will be cutting another 25% from the company's budget, to make sure they can turn things around.

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