Disney Interactive has announced Pirates of the Caribbean: Armada of the Damned, a new open-world action RPG in development at Turok dev, Propaganda Games. According to Disney, the game will take place before the events in the films, with "moral and character choices" promised that shape both the player's character and the game's world.

Beyond this, not much is known, though Armada of the Damned isn't scheduled to set sail until fall 2010 on both the PC and "next-generation" consoles. Still, after posting a considerable $45 million loss earlier this year, who can blame the company for diving back into its treasure chest for the few remaining doubloons left at the bottom.

This article was originally published on Joystiq.