Take-Two is acquiring mobile game giant Zynga for $12.7 billion

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

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Literary giants have thoughts on the new edits to Roald Dahl’s works.

The news has rumbled through Giant Country that Puffin has been editing out words like “fat,” “crazy,” and “ugly” from new editions of Roald Dahl’s works. The Daily Telegraph reported that some of the changes achieved a more gender-neutral feel—boys and girls have become “children,” mothers and... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-21 15:13:52 UTC ]
More news stories like this | News stories tagged with: #literary giants #roald dahl #puffin


12 new books to get your hands on this week.

Hot off the presses: new books from Rebecca Makkai, Nona Fernández, and more! * Rebecca Makkai, I Have Some Questions for You (Viking) “This psychological thriller hits all the high notes, complete with at least a few revelations you won’t see coming.” –Good Housekeeping Erica Berry, Wolfish... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-21 09:56:59 UTC ]
More news stories like this | News stories tagged with: #rebecca makkai #nona fernndez #high notes #memoir


S&S Sales Topped $1 Billion in Record 2022

With all of its operating groups reporting sales gains, revenue and profits hit record levels in 2022 at Simon & Schuster. CEO Jonathan Karp called the year "stratospheric." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-16 05:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster


New Report Puts Online Sales of Books, Audio at $12.13 Billion in 2022

According to Bookstat, a service that collects online sales data in real time from Amazon, Apple, and Barnes & Noble across the e-book, digital audiobook, and print book formats, total online sales of those formats rose 5.6% in 2022, to $12.13 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
More news stories like this | News stories tagged with: #real time #barnes noble #print book


Hogwarts Legacy's game mechanics reflect the gender essentialism at the heart of Harry Potter

The new Harry Potter game, Hogwarts Legacy, has generated a lot of controversy, which is reflected within the gameplay itself. Continue reading at The Conversation

[ The Conversation | 2023-02-15 04:01:53 UTC ]
More news stories like this | News stories tagged with: #hogwarts legacy #harry potter


Springer Nature Acquires TooWrite for Its Writing Researchers

The 'research solutions' division of Springer Nature acquires the TooWrite platform, still in development, for research writers. The post Springer Nature Acquires TooWrite for Its Writing Researchers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-14 18:04:52 UTC ]
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Exclusive cover reveal: See the cover for Lydia Kiesling’s Mobility.

Literary Hub is pleased to reveal the cover for National Book Foundation 5 under 35 honoree and Center for Fiction and VCU Cabell First Novel prize finalist Lydia Kiesling’s second novel, Mobility, which this August will be the first book to be published on the new imprint from Crooked Media,... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-13 16:01:46 UTC ]
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'Hogwarts Legacy' review: A massive game, alive with magic

Hogwarts Legacy is the Harry Potter game I’ve been dreaming of since I was a teenager. I grew up alongside the Harry Potter novels and devoured them all, and I spent the time between book releases reading and writing fanfiction set in the Wizarding World. I would’ve traded my little emo soul for... Continue reading at Engadget

[ Engadget | 2023-02-10 17:00:41 UTC ]
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7 Long-Awaited Follow Ups to Beloved Books

The last few months have been an exciting time in the world of publishing, not only for the litany of debut novel and short story collection releases, but also for the publication of two long gestating, highly anticipated projects by Cormac McCarthy and Katherine Dunn. The 89-year old’s first... Continue reading at Electric Literature

[ Electric Literature | 2023-02-10 12:00:00 UTC ]
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3 Super Bowl Advertisers Winning the Digital Content Game

Early this football season, the National Football League began shifting tactics to engage younger fans on social media as people reallocate their attention from TV to digital content that is fun, snackable and highly visual. With Super Bowl 57 quickly approaching, Big Game advertisers--who spent... Continue reading at AdWeek

[ AdWeek | 2023-02-08 19:41:19 UTC ]
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12 Of The Best New Children’s Books Out February 2023

These new February children's book releases includes new books by Dan Santat, Grace Lin, and more, plus a super hero pancake and boba tea. Start off with Not an Easy Win by Chrystal D. Giles. Continue reading at Book Riot

[ Book Riot | 2023-02-08 11:30:00 UTC ]
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Amazon Luna will lose over 50 games this month

Cloud gaming libraries normally get larger, but Amazon Luna's appears to be shrinking — for now, at least. 9to5Googlenotes that the paid Luna+ tier will lose 53 games in February. Many of these are older or niche titles you won't necessarily miss, but that does mean losing classics like No More... Continue reading at Engadget

[ Engadget | 2023-02-06 16:53:46 UTC ]
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'CrossfireX' and 'Knockout City' join the list of live service games shutting down soon

It's a rough time for fans of several live service games, which are titles designed to be constantly updated for a long time. A bunch are shutting down in the near future, and CrossfireX and Knockout City are among the latest to join the list.CrossfireX is an Xbox console version of the... Continue reading at Engadget

[ Engadget | 2023-02-03 20:24:59 UTC ]
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Penguin Random House Audio Acquires Playaway Products

Penguin Random House Audio has acquired Playaway Products, a producer of physical audio players and tablets preloaded with content. Launched in 2005 and based in Solon, Ohio, the company offers 36,000 titles and works with some 40,000 libraries and institutions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-02 05:00:00 UTC ]
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NBA All-World hands-on: Taking basketball video games back to the streets

Niantic has created some of the most popular augmented reality games like Ingress and Pokémon Go. But this week the company is launching a new title called NBA All-World that might be the best application of its location-based tech to date.For people who have played one of Niantic’s previous... Continue reading at Engadget

[ Engadget | 2023-01-25 17:00:37 UTC ]
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Google's Pixel 7 is on sale for $499, plus the rest of the week's best tech deals

It's Friday, which means it's time for another roundup of the week's best tech deals. Today we're seeing good prices on Google's Pixel 7 and Pixel 7 Pro phones, a couple of all-time lows on the 10.2-inch iPad and iPad mini and a sweeping sale on Nintendo Switch games, among other discounts on... Continue reading at Engadget

[ Engadget | 2023-01-13 16:39:02 UTC ]
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Appreciation: Russell Banks was a giant rooting for the underdogs

Russell Banks, who has died at age 82, carried on the legacy of great American novelists probing big themes through the small lives of heroic underdogs. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-09 21:54:28 UTC ]
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12 Of The Best New Children’s Books Out January 2023

January children's book releases are on fire with a new book by Kwame Alexander called An American Story, Emma Straub's picture book debut, and more. Continue reading at Book Riot

[ Book Riot | 2023-01-03 11:34:00 UTC ]
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12 Sci-Fi Stories to Help Make Sense of the Climate, Risk, and Our Digital Lives

Don’t miss these short stories featuring firefighting drones, lab-grown mammals, long-buried fan fiction, and much more. Continue reading at Slate

[ Slate | 2022-12-30 10:50:00 UTC ]
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Lit Hub Weekly: December 12-16, 2022

Behold the 103 best book covers of the year, as picked by the experts. | Lit Hub How much pain should we tolerate for publicity? Or, when your book tour is interrupted by a near-death experience. | Lit Hub Memoir How Paul McCartney responded to the Beatles’ slow but inevitable disintegration.... Continue reading at Literrary Hub

[ Literrary Hub | 2022-12-17 11:30:31 UTC ]
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