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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In an overcrowded market with the proliferation of streaming platforms alongside the traditional broadcaster, creating content based on previous IP is an ever-growing trend (see today’s news piece on Netflix). Continue reading at The Bookseller
[ The Bookseller | 2022-01-26 02:33:21 UTC ]
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Literati, the Austin, Tex., subscription book box and online book club company, has purchased Follett Book Fairs. The fairs will be rebranded Literati Book Fairs and will continue to service PreK-8 schools around the country starting this spring. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-19 05:00:00 UTC ]
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If you’re looking for a great LGBTQIA+ audiobook to listen to in the first half of 2022, here are 12 recommendations. Continue reading at Book Riot
[ Book Riot | 2022-01-13 11:38:00 UTC ]
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Today’s edition of kids' book deals is sponsored by AfterShock Comics`AfterShock... Continue reading at Book Riot
[ Book Riot | 2022-01-12 13:56:03 UTC ]
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Popular author of dozens of books and Tibetan Buddhist teacher Pema Chödrön brings her latest work to Shambhala; longtime political journalist Jon Ward lands at Brazos; Broadleaf signs a gift book by ‘Consider it BlackLit’ podcaster Kim Singleton, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
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Teen paperback love, how to be brilliant, and more of the best book deals of the day, curated by Book Riot. Continue reading at Book Riot
[ Book Riot | 2022-01-07 13:09:33 UTC ]
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Chicago Review Press acquired Interlude Press, a publisher of LGBTQ+ fiction, including YA fiction released under its Duet Books imprint. Interlude has been distributed by CRP's parent company, IPG, since 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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In exceeding more than 500 million annual lends for the first time, OverDrive's 2021 figures suggest the pandemic has, as librarians have suggested, raised demand for digital content in public libraries. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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There were too many worthy books, but I had too little time — and, alas, too many excuses. Continue reading at The Washington Post
[ The Washington Post | 2021-12-28 13:00:00 UTC ]
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With modern consoles offering gamers graphics so photorealistic that they blur the line between CGI and reality, it's easy forget just how cartoonishly blocky they were in the 8-bit era. In his new book, Creating Q*Bert and Other Classic Arcade Games, legendary game designer and programmer... Continue reading at Engadget
[ Engadget | 2021-12-25 16:30:11 UTC ]
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Have you ever looked at your mouse and thought "it's fine, but kind of a big fat waste of space?" Gaming accessory company XPG apparently did, because it's just unveiled a concept mouse for CES 2022 with a built-in high-speed SSD drive stuffed inside, Digital Trends has reported. The XPG Vault... Continue reading at Engadget
[ Engadget | 2021-12-24 21:00:55 UTC ]
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Dark Horse Media, an independent comics publishing house and entertainment media company, has been acquired by the Embracer Group, a Swedish videogame development company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-22 05:00:00 UTC ]
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Broken Sleep Books has landed Killernova, a book that explores the woodcutting heritage and colonial history of Southeast Asia in verse, by Bornean-Australian author and poet Omar Musa. Continue reading at The Bookseller
[ The Bookseller | 2021-12-17 01:51:27 UTC ]
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Bloomsbury has acquired California-based academic publisher ABC-CLIO in a $22.9m (£17.3m) deal, expanding its academic and digital publishing presence in North America. Continue reading at The Bookseller
[ The Bookseller | 2021-12-15 16:09:02 UTC ]
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Little A, the literary fiction and non-fiction imprint of Amazon Publishing, has acquired a "powerful" memoir by Paul Burston, founder of the Polari Prize, the UK’s first and largest LGBTQ+ book award. Continue reading at The Bookseller
[ The Bookseller | 2021-12-09 09:18:56 UTC ]
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In a major deal in the bargain book business, Book Depot, the bargain book distributor based in Thorold, Ont., has acquired American Book Company headquartered in Knoxville, Tenn. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-09 05:00:00 UTC ]
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Oasis Family Media, which houses Oasis Audio, is expanding into print publishing with the acquisition of Enclave Publishing—an independent press focused on Christian fiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-12-06 05:00:00 UTC ]
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Seven books comb through history, travel to distant planets and imagine our A.I. future. Continue reading at The New York Times
[ The New York Times | 2021-12-03 20:26:32 UTC ]
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Announcing its acquisition of Knowledge Unlatched, Wiley stresses the need to simplify open-access transactions for both libraries and publishers. The post Open Access: Germany’s Knowledge Unlatched Acquired by Wiley appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-12-03 04:15:48 UTC ]
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Critic Michael Dirda picks illustrated books that won’t just sit on your coffee table. Continue reading at The Washington Post
[ The Washington Post | 2021-12-01 13:00:00 UTC ]
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