This is definitely a sad thing to chew for fans, as they will not be expecting any "Disney Infinity" series in the days to come. Recent reports confirm that the company has decided to remove itself from the video game world.
According to Engadget, the giant media company revealed during its second quarter earnings report its intention to cease publication of video games. This only means that all the hopes for new "Disney Infinity" installments are no longer a thing in the future.
Although Disney did not entire reveal its reason to veer away from the gaming realm, the company, nonetheless, admitted that poor "Infinity" sales was the main reason behind the move. It holds true, though, that the company's decision will cost them huge figures -- approximately $147 million.
It is worth noting that this is not the first time Disney has taken such drastic measures. In 2013, the company bailed out from continuing Junction Point and LucasArts studio's "Epic Monkey." It resulted to a total of 700 cut jobs in the following year.
Disney also confirmed the closing of Avalanche, its very own internal studio that helped in developing the "Infinity" franchise. This could mean another cut jobs, although it remains unconfirmed as of this writing.
Venture Beat, on the other hand, reports that Disney will instead move forward as a licensing model, authorizing third parties to utilize its properties. And sure enough, this was the kind of business that have succeeded in their popular franchises such as "Marvel" and "Star Wars."
The company's decision to put an end in developing notable titles such as "Infinity" is also believed to have rooted from how saturated the interactive toy industry. Despite the fact it has expected the risk the market has to offer, it still opted to continue until the toll has overtaken it.
Disney's gaming and toy division reportedly acquired a 2 percent sudden decrease in profits down to roughly $1.2 billion. Meanwhile, its operating income managed to only take an 8 percent hit down to an estimate of $357 million.
