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Propaganda Games shuttered
Propaganda Games -- developer of 2008's Turok reboot and, most recently, Tron: Evolution -- is officially closed. Parent company and publisher Disney Interactive confirmed the unfortunate news to Joystiq this afternoon, issuing this statement: "Disney Interactive Studios confirms the closure of its Vancouver-based internal game development studio, Propaganda Games. The studio has completed all work associated with its most recent project." Propaganda's Pirates of the Caribbean game was canceled last October, and the studio was reduced in size, with the only apparent goal to complete Tron and its planned post-launch DLC. It's as yet unclear if any more DLC will be released beyond the day-one freebie. [Thanks, Alex]
Disney cancels Pirates of the Caribbean: Armada of the Damned; Propaganda suffers layoffs
A Disney Interactive representative has confirmed to Joystiq that Pirates of the Caribbean: Armada of the Damned has been sunk down to Davy Jones' locker and will not come to port in 2011 ... or ever. The confirmation comes following rumors reported by Kotaku that the game had been canceled and layoffs had occurred at developer Propaganda Games. In a statement (in full after the break), Disney Interactive explains that a "restructuring" has occurred at Propaganda Games, "affecting one of the studio's two development teams." Propaganda is still working on this December's Tron: Evolution and its post-release DLC.
Preview: Pirates of the Caribbean: Armada of the Damned
This week at E3, Disney was showing off its latest Pirates of the Caribbean game, with nary a movie in sight. Armada of the Damned is being developed by Propaganda Games, creators of the most recent Turok titles, and it's ambitious: An open-world action-RPG with a morality system, based on the popular license but not on any specific movie. And it's shaping up pretty well -- the short demo took us through one of the game's quests, with main character Captain Sterling fighting through cursed tribesmen up a live volcano to their (literally) crabby leader. %Gallery-95741%
Disney Interactive reports increased revenue, $55 million loss
Disney has posted earnings for its second fiscal quarter ended April 3, 2010, and there's good news and bad news. The good news is that revenues are up in its Interactive Media segment (which houses Disney Interactive Studios). Specifically, Interactive Media revenues are at $155 million, up from $129 million in the same period last year, a 20 percent increase. The bad news: the Interactive Media segment still reports a loss of $55 million, though that loss is an improvement over the $61 million loss reported during the same quarter last year. Disney pins the improvement on growing Club Penguin subscription revenues as well as "lower video game inventory costs." The company added that gains were offset by "higher internet product development and sales and marketing costs." The report makes little note of Disney Interactive's prospects for the rest of the year, though the publisher has more than a few big projects on the horizon. Split/Second is only a week away, while Toy Story 3, Disney Sing It: Family Hits, Disney Guilty Party, a new Pirates of the Caribbean and Disney Epic Mickey are all on the horizon this year. And let's not forget Marvel -- which Disney owns -- has a title or two on the way, as well.
Avast! Disney milking Pirates of the Caribbean again
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.%Gallery-64282%
