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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Bloomsbury editor-in-chief Paul Baggaley has acquired an "extraordinarily prescient" debut novel by Sequoia Nagamatsu, How High We Go in the Dark. Continue reading at The Bookseller
[ The Bookseller | 2020-07-06 10:17:28 UTC ]
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The new startup Koji wants you to be able to remix digital content without having to code. Is it the next evolutionary leap after TikTok? While most social platforms have found new ways to democratize content creation, TikTok represented a paradigm shift in how content can be repurposed.Read... Continue reading at Fast Company
[ Fast Company | 2020-06-30 09:00:34 UTC ]
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Ulverscroft has acquired the large print, audio and download rights to Captain Tom Moore’s autobiography, Tomorrow Will Be a Good Day. Continue reading at The Bookseller
[ The Bookseller | 2020-06-29 23:00:42 UTC ]
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Yellow Kite will publish The Book of Yoga Self-Practice by Rebecca Anderton-Davies. Continue reading at The Bookseller
[ The Bookseller | 2020-06-28 15:19:11 UTC ]
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HQ has acquired a memoir by the co-founder of the Women’s Equality Party Catherine Mayer and her mother Anne Mayer Bird, written after they were both widowed within weeks of each other just before the Covid-19 lockdown. Continue reading at The Bookseller
[ The Bookseller | 2020-06-28 14:16:03 UTC ]
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Faber is to publish Access all Areas: The Diversity Manifesto for TV and Beyond by Lenny Henry and Marus Ryder next year. Continue reading at The Bookseller
[ The Bookseller | 2020-06-26 04:39:15 UTC ]
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Hachette Children's Group will publish Ghostcloud, a middle-grade adventure by debut author Michael Mann. Continue reading at The Bookseller
[ The Bookseller | 2020-06-24 18:20:27 UTC ]
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OverDrive—the digital learning platform for libraries and schools—has announced it is acquiring RBmedia's library business. Continue reading at The Bookseller
[ The Bookseller | 2020-06-24 09:38:04 UTC ]
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Combining OverDrive's market-leading platform with RBmedia's exclusive content represents a major new wrinkle in the digital library market: RBmedia is a major producer of audiobooks with a catalog of more than 45,000 exclusive titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-23 04:00:00 UTC ]
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Michael Joseph has acquired The Downfall and a second novel, Eden Lost, by debut author Laure Van Rensburg in a six-figure deal after a six-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-06-21 20:13:47 UTC ]
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September Publishing is to release the "first comprehensive guide" to London's Afro-Caribbean history. Continue reading at The Bookseller
[ The Bookseller | 2020-06-18 16:43:22 UTC ]
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Faber is to publish a collection of short stories by John Lanchester this autumn. Continue reading at The Bookseller
[ The Bookseller | 2020-06-18 08:59:04 UTC ]
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Allen Lane, an imprint of Penguin UK, will publish Caste: The Lies that Divide Us, an exploration of social history by Isabel Wilkerson. Continue reading at The Bookseller
[ The Bookseller | 2020-06-17 01:31:24 UTC ]
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Mental health and wellbeing publisher Trigger Publishing has acquired its first book on pregnancy from consultant midwife Sian Warriner and children’s mindfulness author Mark Pallis. Continue reading at The Bookseller
[ The Bookseller | 2020-06-16 13:40:22 UTC ]
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Icon Books is to publish a "powerful investigation of grief and loss" by journalist Kat Lister. Continue reading at The Bookseller
[ The Bookseller | 2020-06-15 10:28:18 UTC ]
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Alexandra Petri’s new essay collection makes our current sociopolitical dumpster fire not just very funny but stingingly poignant. Continue reading at The Washington Post
[ The Washington Post | 2020-06-15 08:18:15 UTC ]
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Hodder & Stoughton will publish two new standalone thrillers from Will Dean. Continue reading at The Bookseller
[ The Bookseller | 2020-06-11 21:42:12 UTC ]
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Bonnier Books UK imprint Studio Press has acquired two new board book series for its early years publishing. Continue reading at The Bookseller
[ The Bookseller | 2020-06-11 20:55:38 UTC ]
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Barrington Stoke will publish middle-grade story Queen of King Street, written and illustrated by Tom McLaughlin. Continue reading at The Bookseller
[ The Bookseller | 2020-06-11 16:37:05 UTC ]
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HarperCollins has acquired world all-language rights to two more books by Why Mummy Drinks author Gill Sims. Continue reading at The Bookseller
[ The Bookseller | 2020-06-11 11:16:00 UTC ]
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