Disney to spend $600m on Playdom?

MCV Staff 23rd July 2010 Business News

Disney is planning a big-money move into the social games space, according to TechCrunch.

The investment and technology site reckons that Disney plans to spend big on the firm, with VentureBeat claiming that up to $600m could be used for acquiring Playdom, one of the major Facebook and social games developers.

If true, it comes just a few weeks after Disney swooped for iPhone music game pioneer Tapulous.

Head to Develop for the full story

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