Disney confirmed today it has shuttered Vancouver-based Turok
reboot developer Propaganda Games, following the release of the studio's Tron: Evolution
tie-in game in December.
The studio's work on a planned Pirates of the Caribbean-based action-RPG, Armada of the Damned
was halted last October
, and one of the studio's two development teams was closed in the process.
After the cancellation, the remainder of the studio finished work on Tron: Evolution
, which failed to make much of a critical or sales impression on the market.
Disney confirmed to Gamasutra that "the studio has completed all work associated with its most recent project," leaving up in the air recently-announced plans for further Tron: Evolution
Propaganda's only other completed project was a 2008 reboot of the Turok
series for the Xbox 360, PS3 and PC.
Disney Interactive saw its fiscal year losses shrink 21 percent
after its $763 million purchase of social game maker Playdom
Company president Steve Wadsworth resigned his position
last September after 11 years with the company, to be replaced
by current co-presidents James Pitaro and Playdom CEO John Pleasants.