Bloomberg: Annapurna Interactive staff mass resign following failed spinoff negotiations

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The entire staff of Annapurna Interactive resigned this month following a dispute with owner Megan Ellison, according to a Bloomberg report by Jason Schreier citing people familiar with the situation.

Annapurna Interactive president Nathan Gary and his team were reportedly negotiating with Ellison to spin-off the division, which publishes video games, into an independent entity. But when Ellison pulled out of the negotiations, Gary and other executives resigned, followed by around two dozen staff.

A spokesperson for Annapurna Interactive confirmed to Bloomberg that it explored spinning off the company into an independent entity, but the two parties failed to reach an agreement, leading to the resignations.

“Our top priority is continuing to support our developer and publishing partners during this transition,” Ellison told Bloomberg in a statement. “We’re committed to not only our existing slate of games but also expanding our…

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