Annapurna Interactive’s entire staff has resigned

Bloomberg’s Jason Schreier is reporting that the entire staff at Annapurna Interactive has resigned.

According to Jason Schreier in a report, after negotiations to spin-out as their own entity the entire staff at Annapurna Interactive has resigned from the company.

Annapurna Interactive President Nathan Gary and his team had been negotiating with Ellison, the daughter of billionaire Larry Ellison, to spin off the video-game division as an independent entity, said the people, who spoke anonymously because they were not authorized to share the information with the press. When Ellison pulled out of the negotiations, Gary and other executives resigned and were followed by around two dozen other staffer.

A spokesperson for Annapurna confirmed that it had explored a spinoff and said the parties failed to reach an agreement, which led to the resignations.

“Our top priority is continuing to support our developer and publishing partners during this transition,” Ellison said in a statement to Bloomberg News. “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.” via Jason Schreier of Bloomberg

Annapurna has released titles such as The Artful Escape, Stray, Maquette, Kentucky Route Zero, and many more critically-acclaimed titles.