“It just might be” said Toca Boca leader Björn Jefferey, “that there is no viable business model.” Jefferey was referring specifically to the creation and distribution of high quality, paid apps, with no advertising, subscriptions or IAP (In App Purchases). Jefferey backed up his comment with references to some industry statistics and the fact that he had just spend the past 12 months looking for a new corporate home for his acclaimed studio (Toca Boca/Sago Mini is now part of Spin Master Toys).
Depressing. My kids really love some of the Sago Mini games. I had no idea that they had sold their business to a conglomerate.