PC gaming Giant Take-Two has announced that it's making a big move into mobile gaming with the acquisition of Zynga for a total price of approximately $12.7 billion. Take-Two already owns Rockstar Games, Codemasters and 2K, producing games like Grand Theft Auto, Red Dead Redemption, Bioshock and others. Zynga, meanwhile, produces well-known mobile titles like CSR Racing, FarmVille, and Words with Friends. Take-Two said that the deal will result in $6.1 billion worth of 12-month pro-forma net bookings, meaning it will become one of the largest gaming companies in the world. "This strategic combination brings together our best-in-class console and PC franchises, with a market-leading, diversified mobile publishing platform that has a rich history of innovation and creativity," said Take-Two Chairman and CEO Strauss Zelnick. The deal will also help Take-Two save about $100 million annually after two years. Zynga itself was on an acquisition streak of late, having acquired the studio behind Torchlight 3early last year. Zynga has sometimes relied on acquisitions to find the hottest games in the notoriously fickle mobile gaming market. Still, Take-Two said that the mobile industry booked $136 billion 2021 and is currently growing at over 8 percent, so the money is there to be had. Mobile will now account for half of its net bookings (net amount of products and services sold digitally or sold-in physically), the company said. Continue reading at 'Engadget'
[ Engadget | 2022-01-10 13:17:58 UTC ]
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France’s leading books website Actualitté.com has acquired the children’s and... Continue reading at The Bookseller
[ The Bookseller | 2013-02-14 00:00:00 UTC ]
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Coronet has acquired the TV tie-in book to comedy series "Bad Education". Editorial... Continue reading at The Bookseller
[ The Bookseller | 2013-02-07 00:00:00 UTC ]
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[ The Bookseller | 2013-01-31 00:00:00 UTC ]
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A British magazine distributed by a joint venture of Conde Nast and Hearst Corporation and aimed at primary school children has been featuring images of adult-rated video games. Continue reading at Stuff
[ Stuff | 2013-01-30 00:00:00 UTC ]
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[ The Bookseller | 2013-01-29 00:00:00 UTC ]
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[ The Bookseller | 2013-01-24 00:00:00 UTC ]
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HC imprint Avon has acquired the rights to two thrillers from blogger Luca Veste. Avon editor... Continue reading at The Bookseller
[ The Bookseller | 2013-01-24 00:00:00 UTC ]
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Smiths News has moved to further increase Bertrams' library sales to Northern Europe and... Continue reading at The Bookseller
[ The Bookseller | 2013-01-21 00:00:00 UTC ]
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Union Books has acquired a "strikingly original" non-fiction debut, The Will to... Continue reading at The Bookseller
[ The Bookseller | 2013-01-14 00:00:00 UTC ]
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Granta has acquired a “searing short novel”, The Dig, by Welsh author Cynan Jones.... Continue reading at The Bookseller
[ The Bookseller | 2013-01-14 00:00:00 UTC ]
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[ The Bookseller | 2013-01-08 00:00:00 UTC ]
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Bath-based AudioGO has bought US audiobook publisher Blackstone Audio from founders Craig and... Continue reading at The Bookseller
[ The Bookseller | 2013-01-03 00:00:00 UTC ]
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Simon & Schuster has bought Joe Corry’s Second World War memoir 005: Ian Fleming’... Continue reading at The Bookseller
[ The Bookseller | 2012-12-19 00:00:00 UTC ]
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SheKnows.com, a women's lifestyle site, has been acquired by Great Hill Partners, a private equity firm specializing in high-growth companies. Formerly under the umbrella of Evolve Media Corp., SheKnows.com was a hallmark property of the brand, responsible for over 41 million unique visitors... Continue reading at AdWeek
[ AdWeek | 2012-12-18 00:00:00 UTC ]
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The plundering of Africa’s natural resources will be the topic of a new book from... Continue reading at The Bookseller
[ The Bookseller | 2012-12-18 00:00:00 UTC ]
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Hodder & Stoughton has acquired a book by "The Only Way is Essex" reality star... Continue reading at The Bookseller
[ The Bookseller | 2012-12-14 00:00:00 UTC ]
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Harvill Secker has acquired The Flamethrowers by Rachel Kushner, describing it as "an... Continue reading at The Bookseller
[ The Bookseller | 2012-12-14 00:00:00 UTC ]
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Faber has bought a new title from acclaimed sports writer Adharanand Finn. Sarah Savitt bought... Continue reading at The Bookseller
[ The Bookseller | 2012-12-14 00:00:00 UTC ]
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Head of Zeus has pre-empted world rights to a book on the mysterious disappearance of Lord Lucan... Continue reading at The Bookseller
[ The Bookseller | 2012-12-07 00:00:00 UTC ]
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Hodder Children's Books has signed up a new picture book series for girls aged 4-7 by the... Continue reading at The Bookseller
[ The Bookseller | 2012-12-06 00:00:00 UTC ]
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