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Game on for Star Wars and Disney

Los Angeles - Disney is not giving up on Star Wars video games after all.

A month after shutting down game production at Lucasfilm subsidiary LucasArts, The Walt Disney Co said on Monday that it had entered multi-year deal with Electronic Arts to develop new Star Wars video games.

According to a statement, EA will develop games for a "core gaming audience" while Disney will retain the right to develop titles for mobile devices, social platforms and online.

Terms were not disclosed.

Disney is aiming to make its money-losing interactive unit profitable this year and shifting some game development costs elsewhere should help.

Disney bought Lucasfilm for $4.06 billion in December. The company said last month that it will release a new Star Wars movie every year starting in 2015.

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