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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Canongate is to publish a set of stories from US writer John Edgar Wideman, 40 years after the author released his first collection. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 14:47:16 UTC ]
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Aster, part of Octopus Publishing Group, has acquired The Insomnia Diaries: How I Learned to Sleep Again by journalist Miranda Levy. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 14:19:20 UTC ]
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Korean internet giant Naver is to buy Wattpad for stock and cash, valuing the company at over $600m. Continue reading at The Bookseller
[ The Bookseller | 2021-01-20 10:34:27 UTC ]
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en titles from illustrator Robert Ingpen now form the basis of a new UK children's book publishing imprint, Welbeck Children's Classics. The post UK: Welbeck Acquires Australian Illustrator Robert Ingpen’s Backlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-01-14 17:48:52 UTC ]
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University of East Anglia publisher Boiler House Press is to publish Ben Pester’s debut short story collection Am I in the Right Place? Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 04:00:35 UTC ]
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Scholastic UK has acquired Escape the Rooms, the "dazzling" children’s book debut from actor Stephen Mangan, illustrated by his sister Anita Mangan. Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 03:30:19 UTC ]
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Cultural communications agency Midas has acquired literary agency The bks Agency. Continue reading at The Bookseller
[ The Bookseller | 2021-01-12 23:35:15 UTC ]
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Daunt Books Publishing has acquired Ordinary Notes by Christina Sharpe, a work of creative non-fiction about memorial and remembrance. Continue reading at The Bookseller
[ The Bookseller | 2021-01-11 23:40:05 UTC ]
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It’s a truism that historical fiction reveals more about its own age it than the one it portrays. We can’t escape or even perceive our own biases, the reasoning goes, so we end up helplessly projecting them onto a past where they don’t belong. But the past is not a museum, and contemporary... Continue reading at Electric Literature
[ Electric Literature | 2021-01-08 12:00:00 UTC ]
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Bookouture has acquired four memoirs and its first true crime story for its new non-fiction imprint, Thread. Continue reading at The Bookseller
[ The Bookseller | 2021-01-05 19:04:16 UTC ]
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Chicago Review Press, a publishing subsidiary of the distributor IPG, has reached an agreement to acquire 126 select backlist titles, as well as a handful of forthcoming books, from Fulcrum Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
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Take a book, give a book. Learn more about Little Free Libraries and how they're making appearances across all seven continents. Continue reading at Book Riot
[ Book Riot | 2021-01-04 11:37:00 UTC ]
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The App Store is reportedly looking a little different in China today. According to Reuters, Apple has removed roughly 39,000 games owned by developers and publishers that don’t have an ISBN (International Standard Book Number) from the Chinese gover... Continue reading at Engadget
[ Engadget | 2020-12-31 13:01:44 UTC ]
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Translating novels, short stories, and poetry into English in a way that remains true to their original form can take years, even decades of dedication. And then there is the job of persuading the Anglophone publishing world to take chances. Translators’ labor is ultimately rewarding for readers... Continue reading at Electric Literature
[ Electric Literature | 2020-12-31 12:00:00 UTC ]
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Police in Shanghai say a suspect has been detained in the death by possible poisoning of the billionaire founder of a Chinese video game company that is producing films based on popular science fiction novel “The Three-Body Problem.” Continue reading at ABC News
[ ABC News | 2020-12-28 14:47:02 UTC ]
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AT&T’s WarnerMedia has brought on a startup to help it get HBO Max into more places. The entertainment arm of the Dallas company has acquired Canada-based You.i TV, a provider of cross-platform development tools for television and media companies, according to a statement. Terms were not... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-12-23 22:03:09 UTC ]
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Short Books will publish a "trailblazing" book about glucose and its effects from biologist and entrepreneur Jessie Inchauspe, founder of the Glucose Goddess Instagram account. Continue reading at The Bookseller
[ The Bookseller | 2020-12-23 09:19:16 UTC ]
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Indie publisher Everything with Words has acquired a "beautifully written and compelling" children's series by Richard Lambert. Continue reading at The Bookseller
[ The Bookseller | 2020-12-22 20:33:51 UTC ]
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Del Rey, the SFF imprint of Cornerstone, has acquired A E Warren's four-book high-concept science fiction series, described as "Jurassic Park meets Sapiens, set within a bold new imaginative world". Continue reading at The Bookseller
[ The Bookseller | 2020-12-21 17:20:07 UTC ]
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