Annapurna Interactive staff resigns after failed spinoff negotiations

The staff of Annapurna Interactive, the company’s gaming branch, has resigned en masse after failed negotiations with founder Megan Ellison. This includes Annapurna Interactive president Nathan Gary as well as several other executives and two dozen staffers. Gary was negotiating with Ellison to spin off Interactive into its own independent entity, and Ellison pulled out of said negotiations.

Bloomberg originally reported on the resignations, citing anonymous sources, and later confirmed it with a statement from Gary and the group: “All 25 members of the Annapurna Interactive team collectively resigned. This was one of the hardest decisions we have ever had to make and we did not take this action lightly.”