Disney buys Club Penguin

Posted on August 1st 2007 in Websites

The Walt Disney Company today announced that it will buy Club Penguin for a cool $350 million. Club Penguin is by far the most popular social networking and gaming site for tweens aged 8 to 14-years-old. Disney has already redesigned Disney.com earlier this year, adding social networking, games and video. It has also been developing standalone gaming sites based on franchises like “Pirates of the Caribbean”. Bob Iger, President of the Walt Disney Company, said that Disney could “succeed online by growing organically” but that it considered Club Penguin “too good of a strategic fit” to pass up.

No Comments

Leave a Comment

Disney Comics Worldwide Blog
Arthur Disney Comics Worldwide is an unofficial website with information on Disney comics and magazines from around the world. With approximately 50% of the market, Disney is the largest publisher of children's magazines and comics (excluding manga) in the world!

I'm Arthur and on this blog I write about Disney comics news, new comic book releases and other Disney related stories. If you have any news about Disney comics please don't hestitate to contact me.

Recent Posts