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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Telling good stories in games is really hard. It’s hard in any medium, of course, but games provide a set of challenges over and above those faced by novelists and screenwriters. Take the question of agency—if the player is allowed to make the primary narrative decisions in the game, then the... Continue reading at Literrary Hub
[ Literrary Hub | 2023-05-01 15:00:45 UTC ]
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Despite suffering a significant blow this week in its attempt to take over Activision Blizzard, Microsoft still believes it can get the job done. The company has signed a 10-year agreement with Spain-based cloud gaming provider Nware to make PC games it builds in-house available to stream on... Continue reading at Engadget
[ Engadget | 2023-04-28 17:25:18 UTC ]
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The long-running legal tussle between Apple and Epic Games picked up another ruling, in the former’s favor, although the three-judge panel also upheld a part of the original ruling in Epic's favor. The US Ninth Circuit Court of Appeals upheld a lower court ruling, which rejected most of Epic's... Continue reading at Engadget
[ Engadget | 2023-04-25 11:16:04 UTC ]
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Max is coming to market. Following months of streaming rumors and speculation, Warner Bros. Discovery is officially combining its streaming services HBO Max and Discovery+ under one brand: Max. Launching May 23 with a new tagline, color and mission, the upcoming service will drop the iconic HBO... Continue reading at AdWeek
[ AdWeek | 2023-04-12 19:25:11 UTC ]
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“What had I done, insisting on more of us?” Maggie Smith on the anxious, silent first year of motherhood. | Lit Hub Memoir We asked, you answered: Here are 22 (more) adaptations better than the books they’re based on. | Lit Hub Film & TV Naomi Kanakia on literary transphobia. | Lit Hub... Continue reading at Literrary Hub
[ Literrary Hub | 2023-04-12 10:30:47 UTC ]
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Publishers sign podcasters Alicia Michelle, Carlos Whittaker, and TikTok influencer Sarah Grace Hallas. Convergent takes 'Black Liturgies', and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-11 04:00:00 UTC ]
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Harmony Becker, author of “Himawari House,” shares her recommendations of manga that teens will enjoy. Continue reading at The New York Times
[ The New York Times | 2023-04-08 09:00:31 UTC ]
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Among the week's headlines: Big wins for the freedom to read in Idaho, and Texas; legendary author Judy Blume delivers a passionate defense of libraries; the new pain points for academic librarians in the wake of the pandemic; and why the key to defeating book bans is showing up. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
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Jacqueline Holland, author of 'The God of Endings,' discusses convention-defying vampire novels—and no, 'Twilight' is not on the list. Come bask in the sunlight, eat some garlic pizza, and learn the rules of vampirism. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
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Check out new books that center immigration, disability, LGBTQ+ pride, and more in this list of April children's book releases. Continue reading at Book Riot
[ Book Riot | 2023-04-06 10:30:00 UTC ]
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Arcadia Publishing continues to build on its presence in the local nonfiction and regional history market with the purchase of Applewood Books, the Carlisle, Mass.–based publisher with a backlist of 2,500 titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-04-04 04:00:00 UTC ]
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Bestselling novelist Gabrielle Zevin joins the L.A. Times Book Club April 22 to discuss 'Tomorrow and Tomorrow and Tomorrow' at the Festival of Books. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-03-29 14:00:34 UTC ]
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The romance and women’s fiction specialist, with a 250-book backlist, was purchased for and undisclosed sum by the largest independent publisher of e-books in the U.K. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-29 04:00:00 UTC ]
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The Nintendo eShop for the Wii U and 3DS game consoles officially closed for business on March 27th, 2023, permanently disabling all new purchases on the platforms. We knew this was coming. Nintendo quietly announced the eShop's closure over a year ago, asserting that it was the "natural life... Continue reading at Engadget
[ Engadget | 2023-03-27 14:00:52 UTC ]
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For writers at every stage, the publishing industry can feel inaccessible. There are so many steps between drafting a book and seeing it out in the world. Especially for debut hopefuls, it’s more than a little intimidating: how do we know what we don’t know? Meanwhile, those who’ve already... Continue reading at Electric Literature
[ Electric Literature | 2023-03-24 11:00:00 UTC ]
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Meta's publishing arm for virtual reality games is now officially called Oculus Publishing. It's a completely different division from Oculus Studios, which is the company's label for first-party games. Oculus Publishing will instead support partner developers with conceptualization, funding,... Continue reading at Engadget
[ Engadget | 2023-03-23 08:01:38 UTC ]
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Get involved in a book club with this roundup of what all of the online book clubs are reading this March. Continue reading at Book Riot
[ Book Riot | 2023-03-17 10:35:00 UTC ]
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Inclusive programming was one of the hallmarks of the Association of Writers and Writing Programs meeting, which ran March 8-11 in Seattle and drew approximately 9,500 people. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-13 04:00:00 UTC ]
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It's now much easier for game studios to release their work on the Epic Games Store. Epic has introduced long-awaited self-publishing tools that let anyone release games through its storefront. They'll have to pay $100 per title and meet certain requirements (more on those in a moment), but they... Continue reading at Engadget
[ Engadget | 2023-03-09 16:20:56 UTC ]
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Check out these new March children's book releases, including books by Indigenous creators Joy Harjo, Michaela Goede, and Carole Lindstrom. Start off with Link + Hud: Heroes by a Hair by Jarrett Pumphrey & Jerome Pumphrey. Continue reading at Book Riot
[ Book Riot | 2023-03-08 11:31:00 UTC ]
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