wordpress blog stats
Connect with us

Hi, what are you looking for?

Update: Disney India restructuring Indiagames business, but not disclosing how

Games flicr

Update: Disney India told MediaNama that Indiagames is undergoing restructuring and that the company will be concentrating on a few core focus areas. Disney’s statement:

“We are undertaking a restructuring in the Interactive business, aligned with our long-term strategy, that is focused on sustainable profitability and innovation. The intent is to concentrate all our efforts in a few core focus areas of the business given the dynamic nature of the industry we operate in. The Indiagames brand will exist the way it is and will continue to deliver high-quality interactive digital products which include games, apps and other engaging offerings.”

MediaNama also sent a few follow-up questions regarding the nature of the restructuring and focus areas but a spokesperson for the company declined to comment and said that the company had nothing further to add beyond the statement.

Earlier: Disney India is shutting down operations of its game development studios Indiagames and is letting go of around 30 programmers, testers, and artists, according to a report by NDTV Gadgets. The report added further that the employees being let go were working on the studio’s recent iOS and Android game ICC Pro Cricket 2015 and were given their relieving letters on Thursday.

MediaNama reached out to Disney India for a confirmation. Multiple calls and text messages were left unanswered at the time of publication and we will update once we hear from them.

Indiagames is one of the oldest game studios in the country which was founded in 1999 by Vishal Gondal. In October 2011, UTV bought 30.02% in Indiagames from its founder promoters and employee shareholders for Rs 94.56 crore,  and got increased its stake to 86.02% from 56%. In February 2012, UTV was acquired by Disney India. The acquisition was completed through a successful delisting offer, which was approved by UTV’s shareholders, and allowed Disney to integrate UTV’s operations.

Advertisement. Scroll to continue reading.

NDTV’s report further added that Disney India is looking to pivot to a publishing model where the actual game development is outsourced as does not develop any games internally globally. It also said that high development costs and unrealistic revenue projections are what have resulted in the studio’s demise. However, it seems that Indiagames’ producers and designers are still on Disney’s rolls.

Currently, the company looks to leverage its Bollywood movies by making games based on them. But in the feature phone era, Indiagames delivered successful titles like Spiderman and BioShock under licenses.

Image Source: Flickr user Ivan T

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

You May Also Like


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ