Annapurna's entire video game team has reportedly left the company

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 ]
News tagged with: #qa process #distributes titles #recently rejoined #interactive + #essentially building #top priority #existing slate #interactive space #integrated approach #interactive storytelling #edith finchback #critically acclaimed #time loop #publishing partners

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[ AdWeek | 2015-10-03 00:00:00 UTC ]
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To compete with Facebook and Google, publishers step up their ad-targeting game

Traditional publishers, tired of competing with Facebook and Google for digital ad dollars, are taking steps to get more personal with their advertising. Among the big topics discussed during Advertising Week was how media companies like News Corp and Condé Nast are getting into the ad tech... Continue reading at Digiday

[ Digiday | 2015-10-02 00:00:00 UTC ]
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YA Book Prize teams up with Hay Festival

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[ The Bookseller | 2015-09-30 00:00:00 UTC ]
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The case for publisher subrights teams

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[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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'Star Wars' takes center stage in Facebook's 360-degree video rollout

Facebook has added 360-degree videos to its news feed, an immersive feature the Menlo Park-based social media platform said will capitalize on a growing number of video publishers using the format. And to pique the interest of users, The Walt Disney Co. (NYSE: DIS) and Lucasfilm have published... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-09-24 00:00:00 UTC ]
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Facebook Brings 360-Degree Virtual Reality Videos to News Feeds

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[ AdWeek | 2015-09-24 00:00:00 UTC ]
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Facebook videos are about to get more interactive.  The social network announced Wednesday it now supports 360-degree videos. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-09-23 00:00:00 UTC ]
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[ Digiday | 2015-09-21 00:00:00 UTC ]
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A French Company Is About to Become America's 4th Largest Cable Provider

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[ AdWeek | 2015-09-18 00:00:00 UTC ]
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[ Digiday | 2015-09-17 00:00:00 UTC ]
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[ Publishers Weekly | 2015-09-16 00:00:00 UTC ]
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[ Publishers Weekly | 2015-09-14 00:00:00 UTC ]
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[ Stuff | 2015-09-12 00:00:00 UTC ]
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