Propaganda Games Shuttered

Following the unfortunate cancellation of Pirates of the Caribbean: Armada of the Damned back in October, Disney has revealed to Gamasutra and GamesIndustry.biz that they'll be closing Propaganda Games entirely. Keep in mind that this was the company headed up by ex-Dragon Age: Origins lead designer Dan Tudge:
The developer had most recently produced Tron:Evolution, a tie-in game for the recent Disney film reboot, and had been working on an RPG based on the Pirates of the Caribbean franchise - since cancelled, but Disney confirmed to Gamasutra yesterday that it was pulling the plug. "The studio has completed all work associated with its most recent project," read a statement.

The move seems to reflect Disney's new direction of social and mobile development, which began with a statement to press last November that the corporation would be putting less money into console development in order to maximise profit.

"We've seen a pretty big shift in games from console to what I'll call multiplatform, everything from mobile apps to social networking games, and by putting John Pleasants in to run games, not only will be the focus on turning those businesses into profitability, but diversifying our presence in the business," said Bob Iger, Disney CEO in November.