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Junction Point Studios Closed

Gamasutra has the following brief official confirmation from Disney of the rumor that Epic Mickey developer Junction Point Studios is closing:

It was with much sadness that we informed our teams today of changes to our Games organization, which include the closure of Junction Point Studios. These changes are part of our ongoing effort to address the fast-evolving gaming platforms and marketplace and to align resources against our key priorities. We’re extremely grateful to Warren Spector and the Junction Point team for their creative contributions to Disney with Disney Epic Mickey and Disney Epic Mickey 2.

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15. Re: Junction Point Studios Closed Jan 29, 2013, 14:52 ViRGE
 
avianflu wrote on Jan 29, 2013, 13:51:

The disconcerting part is that it only takes one poorly performing game and a studio is completely axed.
It could be a well performing game and they still could get axed. Closing studios keeps costs down by avoiding the need to give employees raises, COLAs, additional time off, and other perks. Now Disney will start a new studio and hire many of these guys back at their old wages, but without needing to offer them any perks.
 
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