In breaking news, courtesy of Game Informer, Disney has decided to close down LucasArts. The game developer, which has not had a hit since the original Star Wars: The Force Unleashed, has also gone through 5 Presidents in the past 8 years. Despite the impressive debut of Star Wars 1313 at this past E3, the title has officially been put on hold as Disney restructures the entire company. The official statement is as follows:
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. This news means that Star Wars 1313, along with other already in-development titles, are officially on hold and may eventually be passed on to another developer as part of a licensing deal. The spotted history of LucasArts as a developer may have come to a close, but the developer is far removed from the glory days of Full Throttle, Grim Fandango and Day of the Tentacle, all of which are of course, not Star Wars titles. Various websites are reporting that up to 150 employees have been let go, though there has been no official number released by Disney of this writing.
This article will be updated with any further developments as the day unfolds.
Thanks to the members of the community that sent this in.