Longtime distributor and publisher Majesco Entertainment (Cooking Mama) has announced that company founder and Chairman Emeritus Morris Sutton will step down, moving into a consulting role with the company.
Morris founded Majesco more than 20 years ago as a distributor of low-price video games. However, the firm has certainly seen its share of ups and downs in recent years, including a largely failed attempt to publish high-budget console games such as Advent Rising and Psychonauts, a move that resulted in much lower revenues than predicted.
Following this, the company announced a shift in strategy away from premium titles, instead focusing on concepts much closer to its previous strategy budget and handheld releases, as well as more recent plans to support Nintendo's Wii platform.
In Sutton's new role as a consultant and strategic advisor, he will apparently "...support the sales team by managing select key accounts and utilizing his extensive network of entertainment industry contacts to bring revenue generating opportunities to the Company."