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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There have been some ambitious Minecraft projects before, but this one may win for sheer sophistication. The modding team Floo Network is creating Minecraft School of Witchcraft and Wizardry, a Harry Potter-themed role-playing experience inside a Mi... Continue reading at Engadget
[ Engadget | 2020-01-13 18:43:00 UTC ]
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This week, we highlight a powerful and unsettling debut by Ani Katz; a cleverly crafted memoir by Javier Cercas; a tangled, riveting parable of the modern surveillance state by Joanna Kavenna; and more Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-09 05:00:00 UTC ]
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Independent publisher the Experiment has acquired Appletree Press, a publisher of titles on health, food, and lifestyle. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-07 05:00:00 UTC ]
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A crowdfunding campaign to create a “feminist safe haven” bookshop in Paris has only a week left to raise the remaining £7,000 needed to secure premises, after securing two-thirds of its financial target. Continue reading at The Bookseller
[ The Bookseller | 2020-01-02 16:26:28 UTC ]
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Miami indie press Mango Publishing has acquired Yellow Pear Press, which specializes in lifestyle and regional titles, as well as its Bonhomie Press imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-02 05:00:00 UTC ]
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Bellefield Systems, a Sewickley-based software firm, has been acquired by Aderant. The local firm specializes in timekeeping software for lawyers, including iTimekeep and OCG Live. The company has 24 employees at its office, according to data from the most recent Book of Lists. “When we... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2019-12-26 16:39:21 UTC ]
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In the Dec. 23 print edition of the Book of Lists, you’ll find hundreds of CEOs, presidents and other top executives listed alongside the organizations they run. Even more business leaders are... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-12-23 17:08:10 UTC ]
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In the Dec. 23 print edition of the Book of Lists, you’ll find hundreds of CEOs, presidents and other top executives listed alongside the organizations they run. Even more business leaders are... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-12-23 16:47:21 UTC ]
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The Scholastic Corporation has revealed a 7% rise in operating income in the second quarter of the fiscal year, as c.e.o. Richard Robinson said the firm "continued to stand out as the world’s leading children’s book publisher and distributor". Continue reading at The Bookseller
[ The Bookseller | 2019-12-23 08:45:28 UTC ]
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Piatkus is publishing a book to improve mental wellbeing in motherhood, Mind Over Mother: Every Mum’s Guide to Worry and Anxiety in the First Year, by Anna Mathur in May 2020. Continue reading at The Bookseller
[ The Bookseller | 2019-12-18 18:09:29 UTC ]
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BizBash, the 19-year old B2B media company for events organizers, has been acquired by Connect Meetings for an undisclosed sum, both sides announced. A subsidiary of the UK-based, global tradeshow company Tarsus Group, Connect serves meeting planners—in particular, those who organize corporate,... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-17 20:01:44 UTC ]
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Two Roads has pre-empted a “fascinating” novel by Janet Skeslien Charles that was the subject of a 12-way auction in the US and 17 other foreign rights deals. Continue reading at The Bookseller
[ The Bookseller | 2019-12-13 00:50:28 UTC ]
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Palm Beach Media Group, a subsidiary of regional mag publisher Hour Media Group, has acquired Ft. Lauderdale-based Gulfstream Media group and its portfolio of local luxury lifestyle titles, the company announced. Included in the deal are Gold Coast, Boca Life, The Palm Beacher, Jupiter, Stuart... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-11 18:23:16 UTC ]
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Around 12,000 people attended the first edition of Words Weekend in Gateshead over the weekend. Continue reading at The Bookseller
[ The Bookseller | 2019-12-10 00:13:53 UTC ]
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Blacksad: Under the Skin has been available on Steam since mid-November, but don't worry about buying it if you'd rather play on a console -- you only have a few more days to wait. The noir detective game, based on a graphic novel series, will be out... Continue reading at Engadget
[ Engadget | 2019-12-07 09:55:00 UTC ]
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The former Obama official recounts warring parents, policy wins and Washington gossip in her memoir. Continue reading at The Washington Post
[ The Washington Post | 2019-12-06 22:13:50 UTC ]
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A year after its sale to private equity firm MidOcean Partners, Questex's path forward continues to take shape. The global B2B media and events firm revealed Tuesday that it has acquired a handful of events and digital brands from Informa plc—a move that CEO Paul Miller says aligns with the... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-05 19:51:20 UTC ]
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Coty, the owner of a host of household names including Covergirl, Gucci and Sassoon Professional, has confirmed it is conducting an overhaul of Beamly, an ad-tech and digital media operation it purchased in 2015, which could involve the effective shuttering of the unit. The developments have... Continue reading at AdWeek
[ AdWeek | 2019-12-03 22:30:01 UTC ]
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The US experience of watching sport online should ring alarm bells for those who prize the Premier League’s ability to bring people togetherIn the late 1960s, the American author and tech seer Richard Brautigan wrote lyrically of “a cybernetic meadow / where mammals and computers / live together... Continue reading at The Guardian
[ The Guardian | 2019-12-02 18:49:42 UTC ]
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The finance and business news publisher expects to offer the stock performance prediction tool as a standalone subscription product. Starting next year, Forbes reporters will have access to Quantalytics' insights to incorporate into stories. The post Forbes Media acquires stock prediction tool... Continue reading at Digiday
[ Digiday | 2019-12-02 05:00:25 UTC ]
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