Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-09-13 14:30:45| Engadget

The entire Annapurna Interactive team has left the company after its executives walked out, according to Bloomberg. Apparently, the video game publisher's president, Nathan Gary, had been negotiating with Annapurna Pictures' founder Megan Ellison to spin off Annapurna Interactive into its own entity. A company spokesperson confirmed to Bloomberg that the parties had explored the possibility of a spinoff, but their discussions broke down. Gary and the publisher's other executives had resigned and walked out as a result, and the team's other members had followed suit.  "All 25 members of the Annapurna Interactive team collectively resigned," the team said in a joint statement. "This was one of the hardest decisions we have ever had to make and we did not take this action lightly." Annapurna Interactive, like other publishers, teams up with developers, funds their games, takes care of the QA process and then markets and distributes titles when they're ready for the public. Its partner developers have reportedly been scrambling to find out what the team exodus means for them over the past few days. Bloomberg says Hector Sanchez, an Annapurna Interactive co-founder, assured developers that the company will honor their agreements. Sanchez had been at Epic Games the past five years, but he recently rejoined the publisher as its president for Interactive + New Media. Annapurna will also reportedly hire new staff members to replace those who left, essentially building a brand new team.  "Our top priority is continuing to support our developer and publishing partners during this transition, Ellison told Bloomberg News. Were committed to not only our existing slate of games but also expanding our presence in the interactive space as we continue to look for opportunities to take a more integrated approach to linear and interactive storytelling across film and TV, gaming, and theater." The publisher made a splash when it debuted with What Remains of Edith Finch back in 2017, and it now has a number of critically acclaimed and popular games under its belt. Its games include the cat simulator Stray, a puzzle adventure game featuring a world-hopping beetle called Cocoon, pop album rhythm action game Sayonara Wild Hearts, and action adventure game Outer Wilds, which is set in a solar system trapped in a time loop. This article originally appeared on Engadget at https://www.engadget.com/gaming/annapurnas-entire-video-game-team-has-reportedly-left-the-company-123045395.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

30.01NASA used Claude to plot a route for its Perseverance rover on Mars
30.01Rivian made an electric ambulance for Grey's Anatomy
30.01Sundance doc 'Ghost in the Machine' draws a damning line between AI and eugenics
30.01Sonos home theater gear is up to 20 percent off ahead of Super Bowl LX
30.01The best cheap VPN in 2026
30.01The first season of Amazon's Fallout show is now free on Youtube
30.01How to watch the 2026 Grammy Awards: TV channel, start time, where to stream, nominations list and more
30.01Engadget Podcast: What do prediction markets like Kalshi cost us?
Marketing and Advertising »

All news

31.01INR Check: What history reveals about gold, silver and market crashes
31.01Dont Rush to Grade D-St on B-Day, Wait a Bit
31.01Budget 2026: Mutual fund industry seeks debt indexation return, ELSS relief and MF pension schemes
31.01What would make this a full-marks Budget for the capital markets
31.01John Deere project in Lowell granted economic revitalization area
31.01Reading the Mountain, Reading the Market: How Snow Conditions Mirror Market Sentiment
31.01Concurrent Gainers: 9 smallcaps log gains for 5 straight sessions
31.01How to design a sabbatical that actually changes you
More »
Privacy policy . Copyright . Contact form .