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 ]
News tagged with:
#big move
#rich history
#publishing platform
Hodder & Stoughton has acquired the first official book tying in to E4 series "Misfits... Continue reading at The Bookseller
[ The Bookseller | 2012-08-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hodder stoughton
Hodder & Stoughton and St Martin's Press have acquired a new Roman crime series from... Continue reading at The Bookseller
[ The Bookseller | 2012-08-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hodder acquires
#hodder stoughton
#st martin
Rupert Murdoch's News Corp has swung to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun. The fourth quarter net loss was $1.6bn (£1bn) compared with a net income of $6 ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#rupert murdoch
#net income
Retailers have spoken of “dead” high streets in London as shoppers avoid the West End... Continue reading at The Bookseller
[ The Bookseller | 2012-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#high street
#west end
Mobile publishing is the disruptive channel du jour, for which many publishers are anxiously seeking a viable strategy. What was a relatively marginal niche for magazines—content feeds on smartphones—became a broad phenomenon with the advent of tablets in 2010. Delivering rich magazine content... Continue reading at Folio Magazine
[ Folio Magazine | 2012-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#viable strategy
Total book sales fell 2.5% in 2011, to $27.2 billion, according to the latest figures released by BookStats. Revenue was down in three of the four major segments measured by BookStats—k–12, higher education, and professional/scholarly—and up slightly in trade. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-07-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#higher education
The publisher has bought a Bloomington, Ind.-based company called Author Solutions, which so far has attracted 150,000 authors releasing their own books. Continue reading at The New York Times
[ The New York Times | 2012-07-19 00:00:00 UTC ]
More news stories like this |
Harvill Secker has acquired the new novel by Henning Mankell, a historical thriller entitled A... Continue reading at The Bookseller
[ The Bookseller | 2012-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#henning mankell
#harvill secker
The final book in The Hunger Games trilogy is coming to the big-screen in two parts starting in 2014. Lionsgate Films announced today that The Hunger Games: Mockingjay, Part 1 will be released November 21, 2014, and The Hunger Games: Mockingjay, Part 2 will follow on November 20, 2015. The... Continue reading at Stuff
[ Stuff | 2012-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#film based
#final book
#hunger games
#harry potter
#catching fire
#suzanne collins
News updates all day from Fast Company.One of the advantages that Google's Nexus 7 tablet may have over its Amazon rival the Kindle Fire is that Google wants to push it out internationally sooner, whereas Amazon is overly US-centric now. But it's emerged that when the Nexus hits British shores,... Continue reading at Fast Company
[ Fast Company | 2012-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fast company
#kindle fire
#itunes store
Little, Brown has acquired the official memoir from Pudsey, the canine half of this year's... Continue reading at The Bookseller
[ The Bookseller | 2012-07-05 00:00:00 UTC ]
More news stories like this |
Waterstones has today announced the next 12 titles in its quarterly Book Club, featuring four... Continue reading at The Bookseller
[ The Bookseller | 2012-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#today announced
Bloomsbury has completed the purchase of creative publishers Applied Visual Arts Publishing (AVA... Continue reading at The Bookseller
[ The Bookseller | 2012-07-02 00:00:00 UTC ]
More news stories like this |
Canongate has acquired the first literary novel by Jonathan Grimwood. The author has previously... Continue reading at The Bookseller
[ The Bookseller | 2012-06-29 00:00:00 UTC ]
More news stories like this |
Hodder lifestyle imprint Saltyard Books has acquired the first cookbook by Florence Knight, 26-... Continue reading at The Bookseller
[ The Bookseller | 2012-06-29 00:00:00 UTC ]
More news stories like this |
Google took a cue from Amazon's Kindle Fire announcing the Nexus 7 tablet optimized for content from Google Play including books, games, TV shows, movies, apps, and magazines. Continue reading at PC World
[ PC World | 2012-06-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#tv shows
News Corp. is considering a breakup that would put its 20th Century Fox film studio, Fox broadcast network and Fox News Channel in one company and its newspapers and book publishing assets in another.News Corp. is contemplating what once was unthinkable — splitting its entertainment and... Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-06-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing operations
#separate companies
Head of Zeus has acquired a "fast-paced thriller", Conspiracy by crime writer Michael... Continue reading at The Bookseller
[ The Bookseller | 2012-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fast-paced thriller
Thanks to blockbuster sales of The Hunger Games trilogy—fed by the release of the Hunger Games movie—sales for the children's/young adult category surged in the first quarter and were the only print books to show growth at all in March, according to industry figures released Friday. For the... Continue reading at Crains New York
[ Crains New York | 2012-06-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#year-ago period
#scholarly books
#american publishers
#growth spurt
#hardest hit
#adult category
#religious books
Penguin Children's UK has acquired intellectual property rights in a new 7+ tween brand, and... Continue reading at The Bookseller
[ The Bookseller | 2012-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#penguin children