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 ]
News tagged with: #big move #rich history #publishing platform

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Relatives of Canadians killed in Ethiopian Airlines crash arrive home with remains after 7-month wait

Members of several Canadian families who lost loved ones in the Ethiopian Airlines crash last March landed at Toronto’s Pearson International Airport Tuesday morning along with seven caskets carrying the remains of their relatives. Continue reading at CBC

[ CBC | 2019-10-22 17:42:52 UTC ]
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Astier-Pécher Literary Agency Acquires Rights to Moroccan Author Mohamed Leftah’s Estate

French literary agency Astier-Péche announces in Frankfurt their representation of Mohamed Leftah's estate and sold English rights to Other Press. The post Astier-Pécher Literary Agency Acquires Rights to Moroccan Author Mohamed Leftah’s Estate appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-10-17 07:15:12 UTC ]
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Oneworld acquires inside story of musical family the Kanneh-Masons

Oneworld has acquired the memoir of the woman who raised seven extraordinarily talented musical children, the Kanneh-Masons, exploring parenting, music education and the boundless potential of all children. Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 16:07:07 UTC ]
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Eurospan acquires Transatlantic Publishers Group

Eurospan has acquired academic and educational sales agency Transatlantic Publishers Group for an undisclosed sum.  Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 14:49:34 UTC ]
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Adam Rippon’s path to becoming ‘America’s sweetheart’ was not all fun and (Olympic) games

But his memoir, “Beautiful on the Outside,” makes the comedic most of his low points. Continue reading at The Washington Post

[ The Washington Post | 2019-10-16 13:00:00 UTC ]
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Is There a Program for Addiction to 12-Step Programs?

The following excerpt is from David Heatley’s graphic memoir, Qualification. * __________________________________ Excerpted from Qualification by David Heatley. Copyright © 2019 David Heatley. Excerpted by permission of Pantheon, a division of Penguin Random House LLC. All rights reserved. No... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-16 08:47:15 UTC ]
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Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TECD) with an offer to acquire the company for... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
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HCG acquires fairy tale picture book from Sardà, Dahman and Digard

Hachette Children's Group has acquired the first collaboration on a picture book between France-based author team Myriam Dahman and Nicolas Digard and Kate Greenaway Medal longlisted illustrator Júlia Sardà: The Wolf’s Secret. Continue reading at The Bookseller

[ The Bookseller | 2019-10-15 02:56:28 UTC ]
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A Drew for Every Mood: Which Nancy Drew PC Game Is For You?

While you wait for Midnight in Salem's release, choose your favorite book genre and find something to play among these older Nancy Drew PC games. Continue reading at Book Riot

[ Book Riot | 2019-10-14 10:40:07 UTC ]
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Robinson acquires Supercop memoir and veterans' ocean adventures

Little, Brown imprint Robinson has signed a memoir from "Supercop" Alistair Livingstone and Mick Dawson’s account of two veterans, one traumatised and one blind, in a pair of deals. Continue reading at The Bookseller

[ The Bookseller | 2019-10-14 03:01:08 UTC ]
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Lit Hub Weekly: October 7 – 11, 2019

Anyone but the people: from voter suppression to foreign intervention, Rebecca Solnit on the Republican party’s attacks on democracy. | Lit Hub Politics When Stephen King is your father, the world is full of monsters: Joe Hill on standing in the shadow (and light) of his famous dad. | Lit Hub... Continue reading at Literrary Hub

[ Literrary Hub | 2019-10-12 11:30:14 UTC ]
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‘Wild Game’ is an eloquent — and lurid — tale of a mother-daughter bond gone awry

Adrienne Brodeur’s memoir is a riveting account of what it was like to be her mother’s secret-keeper. Continue reading at The Washington Post

[ The Washington Post | 2019-10-11 14:00:00 UTC ]
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7 Literary Icons Who Moonlighted as Children’s Authors

When I think of literary authors, I often imagine my college reading list — and my lecturer’s pontifications on how their books have been meticulously etched into the canon of cultural significance. I rarely think about storytime with Mom and Dad. So would you believe it if I told you that Nobel... Continue reading at Electric Literature

[ Electric Literature | 2019-10-11 11:00:05 UTC ]
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Battelle's drone-dropping technology acquired by San Francisco startup

Battelle technology that can drop drones from the sky has been acquired by a San Francisco startup specializing in defense against unmanned aerial devices. Dedrone has acquired the assets to DroneDefender for undisclosed terms. Looking like a science fiction blaster, the device disrupts... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-08 16:38:06 UTC ]
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7 Cool Things Libraries Are Doing, Beyond the Books

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[ Book Riot | 2019-10-08 10:36:16 UTC ]
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HarperCollins joins PRH in 2019's Social Mobility Employer Index

HarperCollins UK has unveiled new initiatives as part of its ongoing support for The Literacy Project and has joined Penguin Random House UK in a ranking of employers in 2019 who have taken the most action on social mobility in the workplace. Continue reading at The Bookseller

[ The Bookseller | 2019-10-08 08:59:21 UTC ]
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Princeton University Press acquires Wild Nature's list

Princeton University Press has acquired the list of UK-based natural history publisher Wild Nature Press.   Continue reading at The Bookseller

[ The Bookseller | 2019-10-07 21:52:23 UTC ]
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7 Sci-fi and Fantasy Books to Curl Up With This Fall

These new science fiction and fantasy titles will be your perfect fall companions. Continue reading at Book Riot

[ Book Riot | 2019-10-04 10:36:35 UTC ]
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This Week's Bestsellers: October 7, 2019

Journalist and cultural critic Ta-Nehisi Coates has the #1 book in the country with his fiction debut, ‘The Water Dancer.’ Plus Jonathan Van Ness of ‘Queer Eye’ goes ‘Over the Top’ and lands the #9 book overall, and Ann Patchett returns with ‘The Dutch House,’ #5 in hardcover fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-04 04:00:00 UTC ]
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Book Deals: Week of October 7, 2019

Harmony picks up a nonfiction book on nonmonogamy by a Bustle editor for six figs, Knopf buys a novel by Jim Carrey, and Doubleday takes a title from Bill Gates on climate change in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-04 04:00:00 UTC ]
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