Disney Canada Inc.

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Disney Canada Inc.
Type Subsidiary
Industry MMORPGs
Founded Kelowna, British Columbia, Canada, 2005
Founders Lane Merrifield
Headquarters Kelowna, British Columbia, Canada
Area served North America, Europe, Asia
Key people Lane Merrifield, Executive Vice President and General Manager of Club Penguin Division at Disney Internet Group[1]
Products Club Penguin
Parent The Walt Disney Company
Website Official Website

Disney Canada Inc. (formerly New Horizon Interactive, and later Club Penguin Entertainment then Disney Online Studios Canada) is a leisure software company, specialized in producing and maintaining MMOGs. It partnered with RocketSnail in making Club Penguin, a site which generated significant revenues.

History[edit]

The company became a subsidiary of The Walt Disney Company on August 1, 2007 for $350 million.[2][3] New Horizon Interactive achieved growth targets in 2009, and $350 million was added to the existing $350 million, making a total $700 million that Disney had invested into New Horizon Interactive by 2009.

The company dropped the words "Online Studios" from its name[4][5] in 2013.

References[edit]

  1. ^ "Dust or Magic Institute, 2007". Children's Technology Review. Retrieved 2007-10-23. 
  2. ^ "New Horizon Interactive". BusinessWeek (The McGraw-Hill Companies). Retrieved 2007-10-23. 
  3. ^ Blakely, Rhys (2007-08-03). "Disney picks up the Penguin Club children’s network site for £340m". London: The Times Online. Retrieved 2008-07-12. 
  4. ^ "Club Penguin Trademark Details". Justia. November 20, 2013. Retrieved December 27, 2013. 
  5. ^ "Privacy Policy". Club Penguin. November 1, 2013. Retrieved December 27, 2013. "Disney Club Penguin ("Club Penguin") is operated and presented to users in all locations by Disney Canada Inc. (formerly known as Disney Online Studios Canada Inc.)..." 

External links[edit]