Disney is shutting down Blue Sky Studios, the $5.9 billion global-grossing former 20th Century Fox animation pision that released 13 feature films including the "Ice Age" franchise.
A series based on the studio’s Ice Age characters is already in the works for Disney+. Through five movies, the Ice Age series grossed $3.2 billion at the global box office.
However, sustaining a third feature animation studio was no longer viable for Disney given the current economic realities caused by the coronavirus. The last day for Blue Sky will be in April, leaving about 450 employees staffing the company facing termination.
The past year has been challenging for Disney on many fronts, due to the ongoing coronavirus pandemic. The studio was also forced to close down theme parks and cruise line dockings.
The Blue Sky’s library and IP will remain part of Disney.
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