Take-Two is acquiring mobile game giant Zynga for $12.7 billion

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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7 Fall and Winter Graphic Novel Releases for Kids and Young Adults

Find fresh new graphic novels like Long Way Down: The Graphic Novel by Jason Reynolds and Danica Novgodoroff for yourself or the young reader in your life. Continue reading at Book Riot

[ Book Riot | 2020-10-22 10:37:00 UTC ]
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White Rabbit acquires joint memoir from Steve Davis and Kavus Torabi

Lee Brackstone, publisher at White Rabbit, has acquired world all-language rights for Medical Grade Music directly from authors Steve Davis and Kavus Torabi. Continue reading at The Bookseller

[ The Bookseller | 2020-10-22 10:33:59 UTC ]
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Orion Spring acquires Glazebrook's 'reassuring' guide for dog owners

Orion Spring has acquired a "warm, witty and practical" guide for dog owners from dog behaviourist and trainer Louise Glazebrook. Continue reading at The Bookseller

[ The Bookseller | 2020-10-19 18:21:47 UTC ]
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HQ acquires debut from Primadonna Prize winner

HQ will publish the debut novel Ginger and Me from Elissa Soave, who won the inaugural Primadonna Prize in 2019. Continue reading at The Bookseller

[ The Bookseller | 2020-10-19 12:13:54 UTC ]
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Publishing Perspectives Talks: Italian Book Market Narrows Losses to 7 Percent

The Italian Publishers Association joins us today at Frankfurter Buchmesse Special Edition talking about its 'New Books From Italy' program. The post Publishing Perspectives Talks: Italian Book Market Narrows Losses to 7 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-15 15:25:47 UTC ]
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Welbeck acquires Michelle Elman's Joy of Being Selfish

Welbeck is to publish Michelle Elman's latest self-help guide, The Joy of Being Selfish: Why You Need Boundaries and How to Set Them. Continue reading at The Bookseller

[ The Bookseller | 2020-10-15 00:14:50 UTC ]
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Yellow Kite acquires 'revolutionary' plant-based cookbook

Yellow Kite will publish The Plant-Based Diet Revolution: 28 days to a Healthier Gut and a Happier You by consultant gastroenterologist Dr Alan Desmond (pictured) and chef Bob Andrew. Continue reading at The Bookseller

[ The Bookseller | 2020-10-09 10:26:04 UTC ]
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Cassava Republic acquires Omotoso's 'bold, unflinching' tale

Cassava Republic Press has acquired An Unusual Grief, Yewande Omotoso's third novel.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-09 08:59:05 UTC ]
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Book Deals: Week of October 12, 2020

Meg Medina sells three to Candlewick, Random House buys a title on inequality from a data journalist, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-09 04:00:00 UTC ]
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Aria acquires three from Suzanne Fortin

Head of Zeus imprint Aria will publish three novels from Suzanne Fortin, with The Forgotten Life of Arthur Pettinger to be released on 4th March 2021.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-06 11:37:28 UTC ]
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Can’t get enough Game of Thrones or Star Wars? New editions on cult favorites are here to satisfy.

Escape again into the worlds created by George R.R. Martin, Ray Bradbury, Lewis Carroll and more. Continue reading at The Washington Post

[ The Washington Post | 2020-10-06 10:57:16 UTC ]
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Viper acquires two from Malakin

Serpent's Tail imprint Viper has landed a two-book deal with Dan Malakin, with 'heart-racing" thriller The Box to be published in summer 2022.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-05 13:31:44 UTC ]
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Quercus acquires 'alternative post-war history' from C J Carey

Quercus will publish C J Carey's Widowland, a feminist dystopian novel set in a 1950s Nazi-ruled Britain. Continue reading at The Bookseller

[ The Bookseller | 2020-10-01 21:18:02 UTC ]
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Serpent’s Tail acquires Oana Aristide's prescient debut novel

Serpent’s Tail will publish Oana Aristide's debut novel Under the Blue as a lead title in March 2021. Continue reading at The Bookseller

[ The Bookseller | 2020-09-30 02:17:21 UTC ]
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Bookouture's Thread acquires 'inspiring' memoir

Thread, Bookouture's non-fiction imprint, will publish Coconut, a memoir of "belonging, identity and finding home" by debut author Florence Olajide. Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 21:34:05 UTC ]
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Transworld acquires mind coach's debut

Transworld Publishers has acquired How to Master Your Monkey Mind: Overcome Anxiety, Increase Confidence and Regain Control of Your Life by mind coach Don Macpherson. Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 13:23:49 UTC ]
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Head of Zeus acquires four from Russian author Sergei Lebedev

Head of Zeus has acquired Untraceable by Russian author Sergei Lebedev, as well as three other titles.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-29 03:28:12 UTC ]
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Sphere acquires teenage memoir from comedian Tez Ilyas

Sphere has acquired The Secret Diary of a British Muslim Aged 13¾ from stand-up comedian Tez Ilyas. Continue reading at The Bookseller

[ The Bookseller | 2020-09-28 11:30:14 UTC ]
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7 Translated Books About Queer Life in Taiwan and China

Before writing my debut novel Bestiary, I began a year-long process of translating letters written by my grandmother, many of which were addressed to people I didn’t know. While attempting these translations, I realized the impossibilities and possibilities of the task—the losses and gaps and... Continue reading at Electric Literature

[ Electric Literature | 2020-09-28 11:00:00 UTC ]
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