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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Children exposed to shootings live with devastating trauma, John Woodrow Cox writes. Continue reading at The Washington Post
[ The Washington Post | 2021-03-26 12:00:00 UTC ]
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Bonnier Books UK's new digital-first imprint Embla Books has bought Laura Starkey's debut, Rachel Ryan’s Resolutions, as its first acquisition. Continue reading at The Bookseller
[ The Bookseller | 2021-03-22 11:15:26 UTC ]
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The Quarto Group saw revenue fall 7% year on year in 2020 to $126.9m (£91.5m) although adjusted operating profit increased to $10.6m (£7.6m) in the same period. Continue reading at The Bookseller
[ The Bookseller | 2021-03-22 10:24:18 UTC ]
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We've compiled a summary, some tips on how to start reading, and Pride & Prejudice book club questions to help you discuss the book! Continue reading at Book Riot
[ Book Riot | 2021-03-19 10:33:00 UTC ]
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Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. Touchdown for Amazon Good morning! Amazon executives are sure having a... Continue reading at Advertising Age
[ Advertising Age | 2021-03-19 10:00:00 UTC ]
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A lot has changed since 2011! From book club picks to political memoirs, here were the NYT bestsellers from a decade ago. Continue reading at Book Riot
[ Book Riot | 2021-03-12 11:32:00 UTC ]
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Atlantis Press, a French publisher of conference proceedings, is bought by Germany's Springer Nature, which adds to its portfolio a platform that sees 1.5 million downloads monthly. The post Springer Nature Acquires Paris’ Open Access Atlantis Press appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-11 19:04:34 UTC ]
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You may know about the stimulus checks, but the American Rescue Plan Act of 2021 also includes billions of dollars to support libraries. Continue reading at Book Riot
[ Book Riot | 2021-03-11 12:33:15 UTC ]
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The Build America’s Libraries Act was introduced in the House of Representatives this week by Reps. Andy Levin (D-MI) and Don Young (R-AK) and would provide $5 billion to address decades of needed repairs, updates, as well as the construction of modern library facilities in underserved and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-05 05:00:00 UTC ]
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Hachette Children's has acquired world rights to a new series from British Chinese author M Chan. The Tiger Warrior series is billed as a "thrilling" action-adventure series for children aged five to seven, steeped in East Asian folklore and mythology. Continue reading at The Bookseller
[ The Bookseller | 2021-03-03 13:52:03 UTC ]
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Have a look at 7 of the best comedy manga you can find right now, with hilarious storylines that will bring you laughter 24/7. Continue reading at Book Riot
[ Book Riot | 2021-03-03 11:34:00 UTC ]
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Former Orion creative director Lucie Stericker, the designer of the Queenie cover, has launched her own creative agency Studio 7:15 after leaving the publisher after 23 years. Continue reading at The Bookseller
[ The Bookseller | 2021-03-01 22:47:52 UTC ]
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"What do libraries do?" You may be surprised by these seven basic services your public library offers for free, including job search help. Continue reading at Book Riot
[ Book Riot | 2021-03-01 11:30:00 UTC ]
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Saga Spain representatives say the Cuántica Activa Audiolibros catalogue's focus on self-help is a good fit for its emerging Spanish markets. The post Denmark’s Saga Egmont Acquires Mexico’s Cuántica Activa Audiolibros appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-02-25 16:24:32 UTC ]
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Tinder Press, Headline's literary imprint, has acquired Small Angels by Lauren Owen, author of The Quick (Vintage, 2014). Continue reading at The Bookseller
[ The Bookseller | 2021-02-25 00:05:34 UTC ]
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Black & White will publish the first book from "Great British Bake Off" 2020 winner Peter Sawkins. Continue reading at The Bookseller
[ The Bookseller | 2021-02-25 00:03:12 UTC ]
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Chicago-based Centro Inc., a maker of advertising software, is acquiring a San Mateo-based predictive advertising technology company. Centro announced Wednesday that it is acquiring QuanticMind Inc. Its software uses artificial intelligence and machine learning to analyze data and provide... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2021-02-24 22:49:15 UTC ]
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Days after Canada pledged to make Facebook pay for news content amid an ongoing media battle with tech giants, a Winnipeg newspaper publisher is warning local news could be in trouble if the government doesn’t take bold action. Continue reading at CBC
[ CBC | 2021-02-21 22:04:21 UTC ]
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“Still, the best, most generative conversations mostly happen out of the public eye.” Wayne Miller on the hazards of talking poetry on social media. | Lit Hub As Gabriel Byrne watches his father’s decline, he wonders if it’s ever possible to be truly honest with himself. | Lit Hub Memoir “It... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-13 11:30:54 UTC ]
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The best way to get over a breakup is to throw yourself into art and experience the catharsis of observing someone else’s pain. For some, this might be listening to Fleetwood Mac’s album Rumours on repeat. For others, perhaps a double feature of Lost in Translation and Her. For readers, the... Continue reading at Electric Literature
[ Electric Literature | 2021-02-12 12:00:00 UTC ]
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