Disney has purchased Club Penguin, an online virtual world, for USD 350 million. Club Penguin is operated by New Horizons Interactive. Disney purchased all outstanding shares of the company for USD ...

Club Penguin, a virtual world for kids, has been bought by the Walt Disney Company. The deal is valued at $700 million: $350 million in cash now, and another $350 million if performance targets are ...

Disney’s social experience for kids Club Penguin is set to come to an end with the closure of mobile iteration Club Penguin Island. The children’s entertainment behemoth confirmed the news on Club ...

Club Penguin, an online multiplayer game (MMO) that was in operation for over a decade, has such a dedicated fanbase that they were willing to hack Disney for more information regarding the game.