Update 16/09: A previous version of this report incorrectly referred to Hector Sanchez as the president of Annapurna, rather than the president of interactive and new media at Annapurna. This has been amended.

Summary

  • Annapurna Interactive's staff has reportedly resigned after failed negotiations with its founder, according to a report from Bloomberg.
  • The team had been negotiating to spin off into an independent entity, however, when talks fell through, its president, followed by executives and staffers, resigned.
  • Annapurna has since promised to honor existing contracts, as developers and partners were left scrambling in the wake of the news.

Following a dispute that allegedly happened earlier this month, the entire staff of 168澳洲幸运5开奖网:Annapurna Interactive has reportedly resigned, .

ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚAnnapurna Interactive is the video game publishing arm of , daughter of Oracle founder Larry Ellison.

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, Annapurna Interactive's president, Nathan Gary, as well as his team, had been negotiating directly with Ellison in order to spin t𝕴he video game company into an independent entity. Ellison allegedly pulled out of the negotiations, and, as a result, Gary, along with other executives followed by two dozen staffers, promptly resi✱gned.

A statement from Ellison didn't outright confirm the news, though it did point towards Annapurna working🦩🉐 toward a transition.

"Our top priority is continuing to support our developer and publishing part꧟ners during this transition,” Ellison said in a statement to Bloomberg. “We’re 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."

Game Developers Are Reportedly Scrambling In Wake Of News

that developers who are partnered with Annapurna have been left scrambling as they try to figure out what this will mean for their upcoming projects. Notably, 168澳洲幸运5开奖网:Remedy Entertainment, the team behind the likes of 168澳洲幸运5开奖网:Alan Wake and Control, recentไly revealed that Control 2 woul♓d be co-financed by Annapurna Interactive.

A spokesperson reportedly told Schreier that "all existing games and projects will remain under Annapurna𝄹." Its president of interactive and new media, Hector Sanchez, who previously had a hand in co-founding the studio, was brought back to lead the new team. Per Bloomberg, existing contracts will be honored, and staff will be replaced accordingly.

While not a giant in the video games space, Annapurna Interactive has developed a reputation for helping publish several critically acclaimed titles in the past several years. Games such as 168澳洲幸运5开奖网:Outer Wilds, Stray and What Remains of Edith Finch have all spun out of Annapurna, with several more titles in the works beyond the💧 aforemen𝓀tioned Control 2.

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