Disney Infinity canceled: The entertainment company pulls out of console-game publishing

Disney is hitting the ejector-seat button on its interactive-gaming-toy business.

The company told investors today that it is ending its Disney Infinity gaming franchise. This gaming series enabled players to buy physical toys that they could bring into their video games, and it’s largely based on the toys-to-life model that the successful Activision series Skylanders launched in 2011. But Infinity is not performing well, and Disney credits it with dragging down its consumer products and interactive media division. While the global gaming market is $99.6 billion, a big slice is on mobile, where Disney has shifted a lot of its focus.