Walt Disney (NYSE: DIS), the leading media and entertainment conglomerate and the owner of Star Wars franchise, has reported strong quarterly results. A significant development occurred on the Star Wars front when Disney awarded the license to develop the games of the franchise to Electronic Art (NASDAQ: EA). Naturally, Walt Disney is shutting down LucasArts, the original developer of the games. The Star Wars brand is certainly going to be a healthy addition to EA’s pipeline, which has under-performed compared to its rival Activision-Blizzard(NASDAQ: ATVI).
Business news, analyst views and market commentary by Sarfaraz A. Khan.
Showing posts with label ATVI. Show all posts
Showing posts with label ATVI. Show all posts
Saturday, June 8, 2013
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