Disney has announced some shocking news in relation to its toys-to-life series of games, Disney Infinity, which is set to cease operations from June 2016.

It seems that the financial report released earlier this week did not bring good news, with high costs and little financial justification among the reasons for the closure. As a result, Avalanche Software will also close its doors as the main studio behind the games’ development.

Fans should take some consolation in the fact that there will be two more releases before operations cease, with new characters from Alice Through the Looking Glass later in May and a Finding Dory playset coming in June.

Here’s the official statement from Disney:

By now you may have heard the news that we have made the difficult decision to discontinue production of Disney Infinity. From the beginning, Disney Infinity was built for you—our fans—and I wanted to take a moment to thank you not just for your support over the years, but for creating a community that made Disney Infinity more than just a game.

Our goal for Disney Infinity was to bring the best of Disney storytelling to life in homes around the world, and with your support we accomplished that. We hope you had as much fun playing the game as we had making it.

So what’s next for Disney Infinity? We have two final retail releases coming, including three new characters from Alice Through the Looking Glass later this month, and the Finding Dory Play Set launching in June.

And as we turn to the next chapter in our story, I want to thank everyone who helped bring Disney Infinity to life, particularly Disney’s Glendale-based production and publishing teams, our external development partners, and of course the incredible Avalanche team for their tireless dedication to this project.

But most of all, I want to again thank you for making Disney Infinity a part of your lives—and for adding to the Disney legacy by being a part of this community.

Are you surprised by this announcement? Are you a fan of the series? Let us know your thoughts on the closure in the comments section below.

Source: Infinity Inquirer