Since 2008 Disney Interactive has turned in total losses exceeding a billion dollars.
But the company today announced its first annual operating profit, of $116 million on revenues of $1.3 billion, up 22 percent year-over-year. You can guess where the turnaround is coming from ... Disney Infinity.
Disney Interactive's financial year finished just a few days after the launch of Disney Infinity 2.0, so much of the good news is down to last year's game. The sequel is expected to have a strong holiday, so it will be interesting to see how first quarter performance compares to last year.
Since Disney Interactive was separated from the main group back in 2008, the division has generally lost between $200 million and $300 million a year. Last year's loss of $87 million was its best performance yet, until now.