| Status | Acquired by The Walt Disney Company on 8/07 for $700M1 |
| Website | clubpenguin.com |
| Blog | blog.clubpenguin.com |
| Category | Web |
| support@clubpengu... | |
| Address | Kelowna, CAN |
| Founded | 2005 |
Club Penguin is an online virtual world and one of the fastest growing sites aimed at children between 6 and 14.
Launched 2 years ago in October of 2005, Club Penguin has not only become profitable but expects to make $35 million in profit off revenues of $65 million in 2007.
It was acquired by Disney on August 1, 2007 for $350 million in cash with an opportunity for an additional $350 million cash earn out by 2009. It will shortly be rebranded “Disney’s Club Penguin”. The virtual world claims 700,000 paid subscribers with over 5 million visitors a month. Subscriptions are $6 monthly but may change after the Disney acquisition is completed.
For a deeper look into the success of virtual worlds go here.
| Website | clubpenguin.com |
| Stage | Live |
| Launch Date | August 2, 2007 |
| Tags | virtual-world |