Disney buys Korea's StudioEX

Company intends to break into free-to-play market with buyout using developers of Heroes of the Pantheon.

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Disney Interactive, the publisher behind the recent Epic Mickey 2: The Power of Two, has purchased South Korean developer StudioEX.

The House of the Mouse plans to head down Asia's free-to-play market.

StudioEX is the developer behind the Facebook title Heroes of the Pantheon and was acquired through a stock purchase agreement. According to Disney Interactive (via Gamesindustry.biz), it intends to use the studio as a way to enter Asia's free-to-play market.

Previously, Disney had partnered with Korean studios Smilegate and Zipi Studio. The studios will be used to create online games using the Marvel and Pixar franchises, specifically Toy Story and Cars for the latter.

Discussion

13 comments
csward
csward

I see below the article that the Disney game division posted a $216 million dollar loss. I don't think this really helps, but hey at least their trying.

SolidTy
SolidTy

I hope Disney can crank out an amazing game soon.

tgwolf
tgwolf

I hope they do a better job than the 'why is this just another strategy without multiplayer on a handheld with WiFi screaming for attention' Heroes of Pantheon, and with a bit more appeal than Kingdom Hearts, I mean, not all of us like to play emo characters and heroines...

Reuwsaat
Reuwsaat

Disney is buying everything nowadays wtf

OmegaRecon
OmegaRecon

Now they need to buy the City of Heroes IP from NCSoft, while they're invested with overseas companies.

The-Neon-Seal
The-Neon-Seal

Lol. What if Disney bought out EA? I don't know if that would be a good thing or a bad thing.

mav_destroyer
mav_destroyer

World of Didney world where you can hug your enemies to death or throw poisoned apples at them.

justinka777
justinka777

im suprised they didnt just buy Korea while they were at it

pseudospike
pseudospike

THIS JUST IN: Disney buys water.  All of it.

Nexozable
Nexozable

Disney seems to be busy buying out companies these days.

csward
csward

 @The-Neon-Seal The more I think about it, the more I think this is a real possibility. Disney is becoming more of an entertainment conglomerate every day, 

 

Unfortunately, mergers and acquisitions most often do not work out in the corporate world for many different reasons. Oh, gotta please those shareholders.

Warhawk613
Warhawk613

 @Nexozable You wouldn't think they'll keep all of that money they make each year, knowingly the company's annul gain is $30-$40 billion.