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... Continue reading at 'Engadget'
[ Engadget | 2024-09-13 12:30:45 UTC ]
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The five magazine media company executives who graced the stage at the Grand Hyatt in Midtown Tuesday night all had specific (well, somewhat specific) ideas for how to grow their companies and take advantage of industry-wise disruptions, but only one called for an across-the-board increase in... Continue reading at Advertising Age
[ Advertising Age | 2016-02-03 00:00:00 UTC ]
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Revenue at Indigo Books & Music rose 12.9% in the third quarter ended December 26, 2015 compared to the third period a year ago. Net earnings in the quarter jumped 60%, to C$52.8 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-02-02 00:00:00 UTC ]
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Brands are going long on Snapchat—at least with video. After beginning to test the first "swipe to view" video ad with Activision's Call of Duty in November, a series of brands are now experimenting with ads that promote clips longer than 10 seconds. On Wednesday, three entertainment... Continue reading at AdWeek
[ AdWeek | 2016-01-29 00:00:00 UTC ]
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A children's book which judges said would grip readers of all ages is named Costa Book of the Year. Continue reading at BBC News
[ BBC News | 2016-01-27 00:00:00 UTC ]
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Every year the Interactive Advertising Bureau names a new chair, and every year that appointment signals the trade organization's top priorities for the next 12 months. Last year it tapped CBS Interactive Chief Revenue Officer David Morris, indicating its intent on bringing more premium... Continue reading at Advertising Age
[ Advertising Age | 2016-01-25 00:00:00 UTC ]
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The American Booksellers Association and Civic Economics released a report on the devastating impact of online retailing on American communities in terms of lost state and local tax revenues. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-25 00:00:00 UTC ]
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The Costa Book of the Year is announced on January 26th. Nick Higham spoke to each of the shortlisted authors, including Andrea Wulf, winner of the biography prize. Continue reading at BBC News
[ BBC News | 2016-01-22 00:00:00 UTC ]
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What do readers in Africa and Asia really want? A new Worldreader report tracks millions of ebook downloads and reading trends across the regions. The post Worldreader Report Tracks Ebook Downloads in Asia and Africa appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-01-19 00:00:00 UTC ]
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The American Library Association is presenting National Readathon Day through its Libraries Transform campaign, with support from Penguin Random House's Library Awards for Innovation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-14 00:00:00 UTC ]
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Independent bookstores across the country are reporting a very positive year, with some stores citing double-digit growth in 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-13 00:00:00 UTC ]
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Independent bookshops have reported robust Christmas trading, with 72% saying sales increased on last year, reflecting a buoyant market for indie bookshops amid the best Christmas for physical book sales in five years. Continue reading at The Bookseller
[ The Bookseller | 2016-01-08 00:00:00 UTC ]
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Blackwell’s continued the success of other brick and mortar retailers this Christmas, reporting a 3.1% like-for-like increase in sales over the festive period. Continue reading at The Bookseller
[ The Bookseller | 2016-01-07 00:00:00 UTC ]
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Acquires Kentucky-based Rather Dashing Games to enter "new growth area in publishing." The post Kalmbach Moves into the Board Game Industry appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-01-06 00:00:00 UTC ]
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In September, PopSugar adopted a Facebook video strategy that placed a greater emphasis on videos that drew viewers in with striking visuals and text within the first three seconds. The publisher boasts it has helped not only grow Facebook views -- more than 51 million in November -- but also... Continue reading at Digiday
[ Digiday | 2016-01-04 00:00:00 UTC ]
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After fifth disappearance, umbrella movement’s Agnes Chow criticises China regime in video that has gone viralA young pro-democracy activist in Hong Kong has released a video, which has gone viral, attacking Beijing’s campaign of “political suppression” following the disappearances of five... Continue reading at The Guardian
[ The Guardian | 2016-01-04 00:00:00 UTC ]
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Michael Tamblyn, chief executive of Kobo, offers the business advice he wishes he had been given when he started out, as part of the BBC News series, CEO Secrets. Continue reading at BBC World
[ BBC World | 2015-12-29 00:00:00 UTC ]
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Hold off on making reservations for the City Section Division I championship basketball game between Fairfax and Westchester come March. Yes, those are the two favorites to reach the final, but Narbonne showed Saturday night in a 62-54 loss to Westchester that someone is going to have to play... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-12-27 00:00:00 UTC ]
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Coronet has bought The Science of Game of Thrones by stand-up comedian Helen Keen. Continue reading at The Bookseller
[ The Bookseller | 2015-12-19 00:00:00 UTC ]
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Sydney Morning Herald report taken down from website as editor-in-chief concedes they understated money paid out by Humpty Dumpty FoundationFairfax Media has apologised to the Humpty Dumpty Foundation, a children’s charity, for an article that underestimated the charity’s return on... Continue reading at The Guardian
[ The Guardian | 2015-12-18 00:00:00 UTC ]
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Markus Dohle, CEO of Penguin Random House, added a video component to his annual year-end letter to employees this year which served to highlight the bestselling and award-winning titles the company published this year as well as the progress the company has made in the integration of Penguin... Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-18 00:00:00 UTC ]
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