Disney Closes LucasArts

Disney has decided to shut down LucasArts.

In a statement sent to Game Informer, Disney States:

“After evaluating our position in the games market, we’ve decided to shift LucasArts from an internal development to a licensing model, minimizing the company’s risk while achieving a broader portfolio of quality Star Wars games. As a result of this change, we’ve had layoffs across the organization. We are incredibly appreciative and proud of the talented teams who have been developing our new titles.”

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The company was founded in 1982, and produced such hits as the Monkey Island series, Day of the Tentacle, and a large number of Star Wars games.