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Disney is getting out of the video game publishing business. The company disclosed Tuesday that it has scrapped its Disney Infinity-branded console games business, resulting in a $147 million charge against its fiscal-second quarter earnings.

The Infinity games venture bowed in August 2013 and was published by Disney Interactive Studios. The plan was to release a new edition of the game every year with a set of action figures accompany the console games. It was seen as a natural extension for the wealth of Disney-owned properties from Marvel, Lucasfilm and Pixar. Disney cited the discontinuation of the Infinity series in its fiscal second-quarter earnings release Tuesday.

View 2 and 3 bedroom layouts. video on YouTube

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Disney is getting out of the video game publishing business. The company disclosed Tuesday that it has scrapped its Disney Infinity-branded console games business, resulting in a $147 million charge against its fiscal-second quarter earnings.

The Infinity games venture bowed in August 2013 and was published by Disney Interactive Studios. The plan was to release a new edition of the game every year with a set of action figures accompany the console games. It was seen as a natural extension for the wealth of Disney-owned properties from Marvel, Lucasfilm and Pixar. Disney cited the discontinuation of the Infinity series in its fiscal second-quarter earnings release Tuesday.

View 2 and 3 bedroom layouts. video on YouTube

Read more…

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