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
Germany publishing company Axel Springer says it has signed a deal to buy the U.S.-based political news site Politico and the tech news site Protocol from founder Robert L Continue reading at ABC News
[ ABC News | 2021-08-26 18:57:02 UTC ]
More news stories like this | News stories tagged with:
#axel springer
With the acquisition of the German house Audiobuch, Lindhardt og Ringhof will have bought and/or partnered with five publishers this year. The post Copenhagen’s Saga Egmont Acquires Freiburg’s Audiobuch Verlag appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-25 15:45:38 UTC ]
More news stories like this | News stories tagged with:
#egmont
Independent publisher Pinter & Martin has snapped up Kimberly Seals Allers' "positive, empowering" birthing guide for Black mothers. Continue reading at The Bookseller
[ The Bookseller | 2021-08-24 08:31:58 UTC ]
More news stories like this | News stories tagged with:
#black women
#independent publisher
Cipher Press has acquired Nat Reeve's "extraordinary, ambitious" historical debut Nettleblack and its sequel in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2021-08-23 14:07:08 UTC ]
More news stories like this |
Read new books by Stephen King, Helen Hoang, Lelila Slimani, Andrea Bartz and more. Continue reading at The Washington Post
[ The Washington Post | 2021-08-21 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#stephen king
#helen hoang
Headline Review has acquired two more books from Matt Cain, whose fourth novel, The Secret Life of Albert Entwistle, was published by the imprint earllier this year. Continue reading at The Bookseller
[ The Bookseller | 2021-08-19 11:27:18 UTC ]
More news stories like this | News stories tagged with:
#matt cain
#headline review
#secret life
Scholastic has snapped up the debut middle-grade novel of 12-year-old Cara Mailey, in the same week as a BBC One documentary airs about her and her family. Continue reading at The Bookseller
[ The Bookseller | 2021-08-18 23:35:29 UTC ]
More news stories like this | News stories tagged with:
#scholastic snaps
#debut middle-grade
#scholastic
The Bodley Head has acquired two titles from German filmmaker and storyteller Werner Herzog, including a memoir. Continue reading at The Bookseller
[ The Bookseller | 2021-08-18 19:49:03 UTC ]
More news stories like this | News stories tagged with:
#bodley head
#memoir
Hachette Book Group has announced that it is to acquire Workman Publishing, an independent publisher in the US, for $240m (£174m). Continue reading at The Bookseller
[ The Bookseller | 2021-08-17 21:02:19 UTC ]
More news stories like this | News stories tagged with:
#independent publisher
#book group
Independent press And Other Stories has acquired My Father’s Diet, the "sharp-fanged" debut novel from US author and translator Adrian Nathan West. Continue reading at The Bookseller
[ The Bookseller | 2021-08-14 21:32:44 UTC ]
More news stories like this | News stories tagged with:
#independent press
#debut novel
Allison & Busby has signed the 10th instalment in the Bradecote and Catchpoll historical mystery series by Sarah Hawkswood. Continue reading at The Bookseller
[ The Bookseller | 2021-08-14 21:03:13 UTC ]
More news stories like this | News stories tagged with:
#allison busby
#10th instalment
In this fourth installment of our series, we asked editors to tell us about a book of theirs, published during the pandemic, that they wish had gotten more love. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-12 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#fourth installment
#asked editors
The 2020 Tokyo Games will be defined by many things—the anachronism of its title, the risk of superspreading, the welcome absence of Matt Lauer—but, hopefully, these Olympics will also be remembered for bringing mental health to the forefront of popular discourse. Simone Biles’ “twisties.”... Continue reading at Electric Literature
[ Electric Literature | 2021-08-10 11:00:00 UTC ]
More news stories like this | News stories tagged with:
#electric literature
#short stories
HarperNorth has acquired a book on regional inequality in the UK by journalist Sam Bright, chief politics and investigations reporter for Byline Times. Continue reading at The Bookseller
[ The Bookseller | 2021-08-09 10:36:32 UTC ]
More news stories like this |
Most libraries are named after men, but here are 7 U.S. libraries and collections named after women that are worth celebrating. Continue reading at Book Riot
[ Book Riot | 2021-08-09 10:32:00 UTC ]
More news stories like this | News stories tagged with:
#trailblazing women
#libraries
Digital commercial fiction publisher Hera Books has been acquired by Canelo for an undisclosed fee, with Hera's co-founder and m.d. Lindsey Mooney stepping down from the firm to pursue other opportunities. Continue reading at The Bookseller
[ The Bookseller | 2021-08-09 06:37:26 UTC ]
More news stories like this | News stories tagged with:
#undisclosed fee
#fiction publisher
Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-06 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#harpercollins sales
#big year
#$2 billion
#book buying
#book reading
#harpercollins
Canongate has landed Time on Rock, an outdoor climbing guide and memoir of self-discovery by Anna Fleming. Continue reading at The Bookseller
[ The Bookseller | 2021-08-04 21:31:00 UTC ]
More news stories like this | News stories tagged with:
#memoir
Personalised children’s book publisher Wonderbly has been acquired by private equity specialist Graphite Capital for an undisclosed amount. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 23:35:14 UTC ]
More news stories like this | News stories tagged with:
#undisclosed amount
#children’s book
US-based marketing tech company Open Road Media (OR/M) has acquired UK e-book specialist indie Bloodhound Books for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2021-07-27 20:12:24 UTC ]
More news stories like this | News stories tagged with:
#e-book