Bloomberg reports that executives are currently looking into a potential sell-off of the division due to Disney’s growing efforts to license properties to third-party video game developers. Disney has declined to comment on Bloomberg’s information. However, Bob Iger, chief executive officer, Disney, previously stated he doesn’t foresee a future where the House of Mouse returns to self-publishing video games.
“Over the years, as you know, we’ve tried our hand at self-publishing,” Iger reportedly said in a February earnings call covered byVariety
. “We’ve bought companies, we’ve sold companies, we’ve bought developers, we’ve closed developers. And we’ve found over the years that we haven’t been particularly good at the self-publishing side [of the video game market], but we’ve been great at the licensing side which obviously doesn’t require thatmuch allocation of capital.”
Before acquiring21st Century Fox and FoxNext
, Disney had shuttered its gaming studios and reshaped its gaming agenda to focus on licensing properties to successful third-parties’ publishers. Since shuttering Disney Interactive Studios in 2016, the company has worked with partners to develop licensed games such as“LEGO Star Wars Battles”
and“Marvel Dimension of Heroes.”
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