Disney Online Studios Canada (formerly New Horizon Interactive, and later Club Penguin Entertainment) is an interactive graphics software company, specialized in producing and maintaining MMOGs. It partnered with RocketSnail in making Club Penguin

Club Penguin

Club Penguin is a massively multiplayer online role-playing game involving a virtual world containing a range of online games and activities, by Club Penguin Entertainment . Players use cartoon penguin-avatars and play in a winter-set virtual world...

, a site which generated significant revenues.

History

The company became a subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of The Walt Disney Company

The Walt Disney Company

The Walt Disney Company is the largest media conglomerate in the world in terms of revenue. Founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, Walt Disney Productions established itself as a leader in the American animation industry before diversifying into...

on August 1, 2007 for $350 million. 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 has invested into New Horizon Interactive by 2009. The company is expected to gain royalties when Disney produces a television series based on the game.