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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Two Roads has acquired a book of the "words, wit, wisdom, one-liners and rants" of comedian Jeremy Hardy, who died earlier this year. Continue reading at The Bookseller
[ The Bookseller | 2019-11-28 19:44:00 UTC ]
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Quercus has acquired The Deception of Harriet Fleet, a historical fiction debut set in the landscape of County Durham, described as a "recasting of Jane Eyre" that is "chilling, dark and brimming with suspense". Continue reading at The Bookseller
[ The Bookseller | 2019-11-28 07:05:41 UTC ]
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Shopping, cooking, a million holiday parties. In order to get it done—and actually enjoy yourself—you’ll need to be extra ruthless about prioritizing the important things. Here’s how. It’s touted as the most wonderful time of year, but for most professionals, it’s more like the most chaotic... Continue reading at Fast Company
[ Fast Company | 2019-11-25 05:00:29 UTC ]
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Pamela Newkirk explores the failures — and one success — of corporate diversity initiatives. Continue reading at The Washington Post
[ The Washington Post | 2019-11-22 01:40:20 UTC ]
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Sandow—the parent company of Interior Design and Luxe Interiors + Design magazines, among others—has acquired architecture and design-focused Metropolis magazine from owner and president Eugenie Havemeyer, both sides announced this week. Terms of the deal weren't disclosed. Launched by... Continue reading at Folio Magazine
[ Folio Magazine | 2019-11-20 15:42:51 UTC ]
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Even compared to this year’s other brutal weeks for American journalism, the past seven days have been particularly turbulent. Last Wednesday, the publishing giant McClatchy reported severe liquidity problems along with its third-quarter results; its share price has since collapsed from $2.28 to... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2019-11-20 13:10:34 UTC ]
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Writers of literary fiction are supposed to disdain celebrity memoirs. They’re sucking up all the big advances and lowering the bar of what’s supposed to be Literature, right? But I’ve got a dirty reading secret. I love celebrity memoirs, particularly by standup comedians (and not just because... Continue reading at Electric Literature
[ Electric Literature | 2019-11-20 12:00:00 UTC ]
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Anime NYC 2019, held at the Javits Center November 15-17, expanded to fill the entire 410,000 square foot main exhibition floor of the convention center, with booths from anime, game, and manga companies and all kinds of merchandise. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-20 05:00:00 UTC ]
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Bonnier Books UK has acquired audio rights to Lynda La Plante’s bestselling backlist titles in a new deal with the author. Continue reading at The Bookseller
[ The Bookseller | 2019-11-19 15:56:24 UTC ]
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You can make your reading experience *even better* with these great book reading accessories. Continue reading at Book Riot
[ Book Riot | 2019-11-15 11:38:51 UTC ]
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Anti-opioid programming is important for inclusion, awareness, and even life-saving. Here are 7 ways libraries are combatting the opioid crisis. Continue reading at Book Riot
[ Book Riot | 2019-11-15 11:35:59 UTC ]
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National Book Tokens has launched its annual festive campaign, with the return of its Hidden Book Game for a seventh year, and Book Island Game for children for a second year. Continue reading at The Bookseller
[ The Bookseller | 2019-11-13 22:34:50 UTC ]
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Nielsen says LSU-Alabama game had the highest ratings for any regular season college football game in eight years Continue reading at ABC News
[ ABC News | 2019-11-12 23:02:58 UTC ]
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Get to know the facts and the legend surrounding Sisi, Empress of Austria, through these historical fiction and nonfiction books. Continue reading at Book Riot
[ Book Riot | 2019-11-12 11:40:14 UTC ]
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At Endeavor Business Media—the Nashville-based company founded by former SouthComm CEO Chris Ferrell just two years ago—2019 is ending the same way it began: with a significant, acquisition-fueled expansion. Nine months after doubling its portfolio by acquiring more than 20 former PennWell... Continue reading at Folio Magazine
[ Folio Magazine | 2019-11-11 18:34:39 UTC ]
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Desert Bus won't be the only big name in town for games that are purposefully, excruciatingly boring. AMC is marking the start of its game publishing division by unveiling Airplane Mode, a game from Bacronym that tasks you with sitting through a nea... Continue reading at Engadget
[ Engadget | 2019-11-10 13:56:00 UTC ]
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Folio Literary Management has acquired the Emma Sweeney Literary Agency, effective January 2, 2020. The latter, founded in 2006, represented such authors as Sara Gruen and Edgar Cantero. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-06 05:00:00 UTC ]
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Cookbook stands make the perfect gift and we've got the 12 best cookbook stands for readers and cooks who want to scan through books and recipes hands-free. Continue reading at Book Riot
[ Book Riot | 2019-11-01 10:36:18 UTC ]
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Indie 404 Ink has landed a part-memoir, part-investigation of how video games can positively impact mental health from journalist Joe Donnelly. Continue reading at The Bookseller
[ The Bookseller | 2019-10-31 16:31:20 UTC ]
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The brand strategy behind the best-selling book series expanding to Netflix, toys, and video games. When my son Henry was seven he hated reading. Hated it. Loved the story part, hated the reading part. Now 10 years old, Henry is rarely farther than arm’s length away from a book.Read Full Story Continue reading at Fast Company
[ Fast Company | 2019-10-30 07:00:43 UTC ]
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