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Disney is also shutting down Avalanche Software, the Utah-based studio responsible for some of its games including Disney Infinity. As a result, around 300 people will lose their jobs.
As such Disney is putting an end to their Disney Infinity toy-game line and discontinuing their self-published console games business, the company said today. After June, Infinity video game will stop getting new updates.
There will be two new Disney Infinity releases in May and June before the series ends for good: one based on Alice Through The Looking Glass, and a second from Finding Dory.
This news comes just two months after Disney announced that there will be no new edition of Infinity this year, as there had been since the series launched in 2013.
Disney says they plan to continue licensing their properties to other video game publishers but will no longer make their own console games.
On a call with investors this afternoon, Disney boss Bob Iger said that “the risk had caught up with” his company and that they were pleased with the success of the first Disney Infinity, but sales went downhill after that. “Video Game business is a changing business,” Iger said of the company’s pivot out of making games. “We did not have enough confidence in the business in terms of it being stable enough.”
Apparently Disney owns ESPN and ESPN is tanking hard right now in profits which is clearly affecting all other Disney own stuff as well as costly attraction buildings isn't helping any.
As such Disney is putting an end to their Disney Infinity toy-game line and discontinuing their self-published console games business, the company said today. After June, Infinity video game will stop getting new updates.
There will be two new Disney Infinity releases in May and June before the series ends for good: one based on Alice Through The Looking Glass, and a second from Finding Dory.
This news comes just two months after Disney announced that there will be no new edition of Infinity this year, as there had been since the series launched in 2013.
Disney says they plan to continue licensing their properties to other video game publishers but will no longer make their own console games.
On a call with investors this afternoon, Disney boss Bob Iger said that “the risk had caught up with” his company and that they were pleased with the success of the first Disney Infinity, but sales went downhill after that. “Video Game business is a changing business,” Iger said of the company’s pivot out of making games. “We did not have enough confidence in the business in terms of it being stable enough.”
Apparently Disney owns ESPN and ESPN is tanking hard right now in profits which is clearly affecting all other Disney own stuff as well as costly attraction buildings isn't helping any.
