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

14.02Airbnb is testing out AI search with a 'small percentage' of users
14.02Disney accuses ByteDance of 'virtual smash-and-grab' when using copyrighted works to train its AI
14.02What to read this weekend: The unsettling new horror novel, Persona
14.02OpenAI has officially retired the controversial GPT-4o model
14.02Watch the NASA SpaceX Crew-12 mission dock with the ISS
14.02Homeland Security has reportedly sent out hundreds of subpoenas to identify ICE critics online
14.02How to customize your iPhone home screen with iOS 26
14.02Relooted, Reanimal and other new indie games worth checking out
Marketing and Advertising »

All news

14.02One year later, Skokie residents, businesses still suffer from massive water main break
14.02Airbnb is testing out AI search with a 'small percentage' of users
14.02Soaring coffee prices rewrite some Americans daily routines
14.02Disney accuses ByteDance of 'virtual smash-and-grab' when using copyrighted works to train its AI
14.02What to read this weekend: The unsettling new horror novel, Persona
14.02OpenAI has officially retired the controversial GPT-4o model
14.02Watch the NASA SpaceX Crew-12 mission dock with the ISS
14.02TSA agents are working without pay at US airports due to another shutdown
More »
Privacy policy . Copyright . Contact form .