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Owner of Annapurna Interactive seeking protection from bankruptcy

Owner of Annapurna Interactive seeking protection from bankruptcy

Annapurna Interactive parent company Annapurna Pictures is seeking bankruptcy protection.

As reported by The Hollywood Reporter, multiple sources have told the outlet that a law firm is currently exploring options for the firm.

Signs that the company was in trouble started appearing last year when two high-profile projects were scrapped after already being commissioned. These included Jay Roach’s untitled Roger Ailes drama and a heist-driven film with Jennifer Lopez.

Following this, marketing president Marc Weinstock and film chief Chelsea Barnard departed their high-level roles, with a joint distribution venture announced with MGM that saw founder Megan Ellison relinquish partial control of the company.

The full story is on PocketGamer.biz


Staff Writer

Matthew Forde is the staff writer for PocketGamer.biz and also a member of the Pocket Gamer Podcast. You can find him on Twitter @Forde999 talking about Smash Bros. and everything pop culture related - particularly superheroes.

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