Well, yes. They were too busy making films to bother with games back then.
The Lion King was developed by Westwood Studios (RIP), The Jungle Book and Aladdin (not the SNES version) by Virgin Interactive themselves. In fact, the head of development on Aladdin was David "Earthworm Jim" Perry and many of the Aladdin team went with Lisburn's favourite son to form Shiny Entertainment.