Club Penguin has been acquired for $350 million cash and $350 million in the next two years by Disney. Sony lost the bid in May when they only offered $450 million (according to paidContent.org).
“One of our long range plans has always been to open the Club Penguin experience up to a broader range of users by offering Club Penguin in languages other than English. That is now a much more immediate goal, and it’s just one example of what this partnership will mean for Club Penguin. With Disney’s backing, our creative and talented staff will be able to innovate and produce new content much more quickly and efficiently, making the website more fun, exciting and safe than ever before.” via their own website announcement.
Check out Club Penguin, if you haven’t already.
