Club Penguin, a virtual world for kids, has been bought by the Walt Disney Company. The deal is valued at $700 million: $350 million in cash now, and another $350 million if performance targets are ...

After 11 years online, Disney's kid-friendly social network Club Penguin will shut down at the end of March, to be replaced by a new mobile-only version called Club Penguin Island. The site originally ...

From proms and graduations to group therapy sessions, high school and college students across the globe are logging onto private servers inspired by the now-defunct Disney chat game to socialize in an ...

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An unauthorized version of Disney‘s Club Penguin game for kids went offline Friday. The shutdown of Club Penguin Online came after Disney filed a copyright-takedown notice against the site this week — ...