Annapurna Interactive Team Quits Following Dispute with Owner - News
by William D'Angelo , posted on 03 November 2024 / 3,553 Views
The entire team at Annapurna Interactive has quite following a dispute with its owner Megan Ellison, according to Bloomberg's Jason Schreier.
Annapurna Interactive President Nathan Gary and the team have been negotiating with Ellison to spin-off the video game division to become an independent company. However, Ellison pulled out of negotiations.
"All 25 members of the Annapurna Interactive team collectively resigned," said Gary and the group 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."
Ellison in her own statement said, "Our top priority is continuing to support our developer and publishing partners during this transition. 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."
Hector Sanchez is the new president at the company and told developers they will honor all existing contracts and plan to replace the employees who quit.
Schreier added, "Remedy's deal for Control 2 and Alan Wake is with the broader company, Annapurna Pictures, and is not impacted by the departure of Annapurna Interactive's staff."
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
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Megan Ellison who prevented Annapurna interactive from becoming it's own company is a highly toxic person who has mishandled and ruined everything she touches.
"Having “ghosted” her soldiers on the ground in Los Angeles and a dwindling number in New York even before as well as during the global pandemic, insiders said Ellison has increased her role in the daily operations of her production company (albeit remotely, as her West Hollywood office has yet to fully reopen, like many workplaces across the U.S.) Her sabbatical came after a series of well-documented misfortunes for Annapurna, which was founded ten years ago. This includes a failed attempt to expand Annapurna into a theatrical distribution engine; the departure of high-profile movie titles; a corporate financial meltdown that saw the intervention of her father, Oracle billionaire Larry Ellison; layoffs due to COVID-19; and the departures of some members of Ellison’s trusted executive team."
"Ellison has hurled furniture at executives, verbally dressed them down in public, and other toxic behavior, sources told Variety."
Where are the comments on this? Lol seriously, what a devastating loss this is for gaming. Annapurna has quickly become the A24 of gaming, and has consistently been put incredibly unique and fun games. I really hope something is able to happen to bring the company back.
The problem seems to lie with Megan Ellison... but Ellison (or perhaps her daddy) is also the one writing the checks.
As they say about people like Megan Ellison in my new adopted home:
“The shit apple doesn’t fall far from the shit tree.”
I always say, "The road apple doesn't fall far from the horse's rear end."
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