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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Russian state oil company Rosneft is discontinuing its remaining claim against HarperCollins over comments made in Catherine Belton's book Putin's People (William Collins). Continue reading at The Bookseller
[ The Bookseller | 2021-11-26 19:40:03 UTC ]
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Sweet Cherry imprint Clock Tower Publishing has acquired M J Sullivan’s YA sci-fi series inspired by gaming and virtual reality. Continue reading at The Bookseller
[ The Bookseller | 2021-11-26 18:01:30 UTC ]
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One More Chapter has acquired three new titles in the DCI Matilda Darke thriller series by Michael Wood. Continue reading at The Bookseller
[ The Bookseller | 2021-11-21 19:16:49 UTC ]
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Kyle Books has a second book from the Samaritans and its assistant director of communications Katie Colombus, entitled Pathways: Your Journey to Emotional Wellbeing. Continue reading at The Bookseller
[ The Bookseller | 2021-11-12 04:00:05 UTC ]
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Spotify could soon be home to a lot more audiobooks. The streaming service has acquired audiobook platform Findaway, the companies announced. Terms of the deal were not disclosed, but the acquisition suggests Spotify is looking to build out its own library of audiobook titles.Findaway is an... Continue reading at Engadget
[ Engadget | 2021-11-11 21:00:04 UTC ]
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Hachette Ireland has acquired Mia Döring's "deeply personal and astutely political" literary memoir and debut Any Girl. Continue reading at The Bookseller
[ The Bookseller | 2021-11-10 15:02:25 UTC ]
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These free short stories by your favorite authors will entice and enchant you with bookkeeping aliens, ant writing, and sentient drones. Continue reading at Book Riot
[ Book Riot | 2021-11-10 11:34:00 UTC ]
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With all categories posting increases, unit sales of print books rose 12% in the week ended Oct. 30, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-05 04:00:00 UTC ]
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In another indication that consumers may be doing their holiday shopping early, unit sales of print books rose 12% last week over 2020. All major categories had increases. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-05 04:00:00 UTC ]
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'Our children’s book business now accounts for more than half our annual sales,' says Sourcebooks' Kay Birkner as the company buys BES Publishing. The post In the United States: Sourcebooks Acquires BES Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-11-04 18:59:42 UTC ]
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In a deal that closed on November 1, Sourcebooks acquired B.E.S. Publishing from Peterson’s Publishing, gaining over 800 titles in the process. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-04 04:00:00 UTC ]
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ICF International Inc. (NASDAQ: ICFI) jumped back into the mergers and acquisitions market for the first time in almost two years Tuesday, purchasing Rockville health information technology firm Enterprise Science and Computing Inc. (ESAC) in a deal announced after market close. Terms of the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2021-11-02 21:52:00 UTC ]
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From new books by Jason Reynolds and Andrea Beaty to powerful books about Black history, November children's book releases have lots of gems! Continue reading at Book Riot
[ Book Riot | 2021-11-02 10:35:00 UTC ]
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HarperCollins UK is buying Pavilion Books, in a deal which will see it acquire the imprints Collins & Brown, Pavilion, Portico, Robson, National Trust and Pavilion Children’s. Continue reading at The Bookseller
[ The Bookseller | 2021-10-30 10:03:47 UTC ]
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It’s been a while since we’ve heard any news from Amy Hennig, but now we know what the former Naughty Dog and Visceral Games writer and creative director has been working away at since going indie in 2018. On Friday, Marvel announced its working with Hennig’s Skydance New Media studio on a new... Continue reading at Engadget
[ Engadget | 2021-10-29 17:27:14 UTC ]
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With all segments except adult nonfiction posting gains, unit sales of print books rose 7% last week over the week ended October 24, 2020. The increase could indicate that consumers are heeding warnings that they should buy holiday gifts early to avoid missing out on items due to shortages... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-28 04:00:00 UTC ]
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Children are being exposed to aspects of Netflix’s gory and dark drama Squid Game, but it’s most likely not from the streaming service itself. Continue reading at The Conversation
[ The Conversation | 2021-10-21 05:35:19 UTC ]
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A Squid Game manicure, Harry Potter wand classes, a fountain covered in nails, and the latest waxwork of the Queen. Continue reading at BBC News
[ BBC News | 2021-10-17 12:08:52 UTC ]
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I think a lot of us believe in ghosts. In fact, many of us are likely haunted by them. I’m talking about emotional ghosts, of course. My debut short story collection, Those Fantastic Lives: And Other Strange Stories, has a particular fascination with ghosts. In my stories, there are certainly... Continue reading at Electric Literature
[ Electric Literature | 2021-10-14 11:00:00 UTC ]
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Supply chain specialist Woodland Group has acquired 50% of logistics company Worldwide Book Services, Continue reading at The Bookseller
[ The Bookseller | 2021-10-14 10:19:35 UTC ]
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