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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Dialogue Books has acquired A Working-Class Family Ages Badly: A Memoir of Love and Life Between Two Pandemics by Juno Roche. Continue reading at The Bookseller
[ The Bookseller | 2020-12-17 17:09:37 UTC ]
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Apologies, but I have to begin my introduction to this list of books by briefly mentioning my own book; shout your aggrievance about this to the heavens if you must. Writing my book, which is a hybrid of memoir and reporting about my dog, was difficult for me at times, because I’m not used to... Continue reading at Electric Literature
[ Electric Literature | 2020-12-11 12:00:43 UTC ]
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Baltimore tech company eOriginal is set to be acquired by Netherlands-based Wolters Kluwer for about $280 million, the information and software firm announced in a news release Thursday. Continue reading at Baltimore Sun
[ Baltimore Sun | 2020-12-10 22:23:55 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. Coke’s giant review Coca-Cola is undertaking a massive agency review that... Continue reading at Advertising Age
[ Advertising Age | 2020-12-10 10:59:27 UTC ]
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Sceptre has acquired Tiepolo Blue, a satire set in the art world of 1990s London, at auction. The book, charting the fall from grace of an esteemed Cambridge professor, is the debut of James Cahill, a critic and academic at King’s College London. Continue reading at The Bookseller
[ The Bookseller | 2020-12-10 03:09:25 UTC ]
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Welbeck Publishing Group has become the majority owner of the mental health and wellbeing publisher, Trigger Publishing. Continue reading at The Bookseller
[ The Bookseller | 2020-12-08 22:23:34 UTC ]
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Ernest Cline has the #2 book in the country with 'Ready Player Two.' Charles Yu won the National Book Award for Fiction and Holly Black's book reaches #5 on our children’s fiction list. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-04 05:00:00 UTC ]
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Penguin Michael Joseph has acquired two more novels from Mary Beth Keane, author of Ask Again, Yes (Penguin, 2020). Continue reading at The Bookseller
[ The Bookseller | 2020-12-03 08:28:59 UTC ]
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Hodder Studio will publish Ellie Taylor's memoir My Child and Other Mistakes: How to Ruin your Life in the Best Way Possible next summer. Continue reading at The Bookseller
[ The Bookseller | 2020-11-29 12:35:38 UTC ]
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Alison Hennessey, publishing director of Bloomsbury Publishing's Raven Books, has sealed a two-book deal after a "passionately fought" auction for The Leviathan and The Puzzle Wood by debut author Helen-Rose (Rosie) Andrews. Continue reading at The Bookseller
[ The Bookseller | 2020-11-26 12:42:55 UTC ]
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Welbeck Publishing Group has acquired The Princess by Wendy Holden, which will complete Holden’s trilogy about outsiders in the House of Windsor. Continue reading at The Bookseller
[ The Bookseller | 2020-11-26 09:30:44 UTC ]
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German media giant Bertelsmann says that its Penguin Random House division is buying rival Simon & Schuster Continue reading at ABC News
[ ABC News | 2020-11-25 20:24:15 UTC ]
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Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four. The post Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-25 15:02:49 UTC ]
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In the mood for a little holiday shopping? You know what they say: November is the new December! Who says that? Independent bookstores that need your support now! So here are a dozen new books hitting shelves today. Go forth! * Ernest Cline, Ready Player Two (Ballantine) “This sequel, nine years... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-24 12:39:52 UTC ]
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Deep Vellum Publishing is acquiring the assets of Dalkey Archive Press and will maintain the company as a distinct imprint, acquiring new titles as well as maintaining the press's backlist. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-24 05:00:00 UTC ]
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Penguin will publish the sequel to Jordan B Peterson's 12 Rules for Life (Generic, 2018) globally on 2nd March 2021. Continue reading at The Bookseller
[ The Bookseller | 2020-11-24 01:21:52 UTC ]
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For the first time in its storied history, the Hugo Awards will honor a video game. The annual literary award has avoided recognizing the medium for years, but present circumstances being what they are, it will make an exception at the next World Sci... Continue reading at Engadget
[ Engadget | 2020-11-23 22:04:25 UTC ]
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Hachette Children’s Group has acquired two non-fiction picture books and two picture books by debut author and illustrator Ellan Rankin, winner of the 2020 Carmelite Picture Book Prize. Continue reading at The Bookseller
[ The Bookseller | 2020-11-23 20:16:52 UTC ]
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Hodder Studio has acquired two titles from Heather Marshall at auction, including her debut Looking for Jane. Continue reading at The Bookseller
[ The Bookseller | 2020-11-23 05:52:21 UTC ]
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In this episode Clayton Copeland, a professor at the iSchool at the University of South Carolina and the director of the Laboratory for Leadership in Equity and Diversity, talks about how the very idea of disability is a social construct, and how the pandemic has shown in the most authentic way... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-20 05:00:00 UTC ]
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