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

02.02McDonalds wants its customers to know that bigmac is a terrible password
01.02Apex Legends won't be playable on Nintendo Switch after its next season
01.02Apple is already thinking about its second foldable iPhone, and it may be a clamshell
01.02Apple's online store now lets you build a new Mac exactly the way you want
01.02Indonesia is lifting its ban on Grok, but with some conditions
01.02How to replace your AirTag battery
31.01NVIDIA is still planning to make a 'huge' investment in OpenAI, CEO says
31.01Ayaneo's Pocket S Mini has the perfect aspect ratio for revisiting classic console games
Marketing and Advertising »

All news

02.02Monday Watch
02.026 tech-infused items under $30 to keep you warm this winter
02.02ETMarkets Smart Talk | 1015% allocation to gold and silver is enough for portfolios: Sandeep Bagla
02.02Negative Breakout: These 13 stocks cross below their 200 DMAs
02.02Asian shares drop as gold plunge deepens, dollar gains
02.02Sharp hike in STT pulls Nifty and Sensex down by 2%; brokerages feel the heat
02.02Buybacks to be taxed as capital gains; retail investors benefit
02.02Budget 2026 | Striking the right balance between aspiration and stability: S Naren
More »
Privacy policy . Copyright . Contact form .