Disney Acquires Kid Friendly Creative Suite – Kerpoof

The Walt Disney Company has acquired Kerpoof, a web-based creative design suite for children that launched at 2007’s TechCrunch 40. The financial terms of the deal were not disclosed, but Kerpoof’s online portal at Kerpoof.com will continue to operate as its technology is deployed on Disney’s homepage.

Disney XD To Offer Weekly Movie Streams

Disney announced today an expansion of its media offerings on its Xtreme Digital (XD) online network. In conjunction with its 2008 summer movie broadcast schedule for its ABC television network, the entertainment giant has introduced a staged rollout of full-length movie streams to Web viewers following their original showing on the Wonderful World of Disney on Saturday nights.