Annapurna Interactive's Entire Game Division Resigns, Casting Doubt on the Future
A mass resignation has shaken Annapurna Interactive, the video game publishing arm of Annapurna Pictures. The entire staff, reportedly over 20 employees, resigned following failed negotiations with the parent company.
The Resignation's Aftermath
The resignations, led by former president Nathan Gary, stemmed from an attempt to establish Annapurna Interactive as an independent entity. These negotiations ultimately failed, resulting in the mass exodus.
According to Bloomberg, Gary confirmed the collective resignation of all 25 team members. The team released a statement emphasizing the difficult nature of the decision. Annapurna Pictures' Megan Ellison assured partners of their commitment to ongoing projects and expansion within interactive entertainment.
Impact on Partners and Ongoing Projects
The situation leaves indie developers partnered with Annapurna in uncertainty, prompting them to seek clarification on the future of their agreements. Remedy Entertainment, involved with Control 2, clarified their self-publishing arrangement with Annapurna Pictures. This indicates the deal is unaffected by the internal restructuring within Annapurna Interactive.
Annapurna's Response and Future Leadership
Annapurna Interactive has appointed Hector Sanchez, a co-founder, as its new president. Sources suggest Sanchez has pledged to uphold existing contracts and replace departing staff. This follows a previous restructuring announcement, including the departure of several key figures.
The future of Annapurna Interactive remains uncertain, but the appointment of Sanchez and assurances regarding existing projects offer a degree of stability. The full impact of this significant event on the gaming industry remains to be seen.