New Horizon Interactive

Infobox Company
company_name = New Horizon Interactive
old_name = New Horizon Interactive Inc.
company_
company_type = Leisure Software
genre =
foundation = Kelowna, British Columbia, Canada, 2005
founder = Lane Merrifield and two others
location_city = Kelowna, British Columbia
location_country = Canada
location =
origins = Canada
key_people = Lane Merrifield, Executive Vice President and General Manager of Club Penguin Division at Disney Internet Group [cite web |url=http://www.childrenssoftware.com/dustormagic/ |title=Dust or Magic Institute, 2007 |accessdate=2007-10-23 |publisher=Children's Technology Review | ]
area_served = North America, Europe, Asia
industry = MMORPGs
products = Club Penguin
services =
revenue =
operating_income =
net_income =
num_employees =
parent = Walt Disney Company
divisions =
subsid =
owner =
company_slogan =
homepage = http://www.nhinteractive.com
dissolved =
footnotes =

New Horizon Interactive, is an interactive graphics software company, specialized in producing and maintaining MMOGs. It partnered with "RocketSnail" in making Club Penguin, a site which generated significant revenues.

Disney

The company became a subsidiary of Walt Disney Company on August 1, 2007 for $350 million. [cite news |title=New Horizon Interactive |url=http://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?privcapId=32426627 |work=BusinessWeek |publisher=The McGraw-Hill Companies |date= |accessdate=2007-10-23 ] [cite news |title=Disney picks up the Penguin Club children’s network site for £340m|url=http://business.timesonline.co.uk/tol/business/industry_sectors/media/article2189531.ece |publisher=The Times Online |date= |accessdate=2008-07-12 ] If New Horizon Interactive can achieve certain targets by 2009, another $350 million will be added on to the existing $350 million, making a total $700 million that Disney has invested into New Horizon Interactive.

ee also

*Club Penguin

References

External links

* [http://www.nhinteractive.com/ New Horizon Interactive]
* [http://clubpenguin.com/ Club Penguin]