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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Scholastic has announced the next instalment in Suzanne Collins’ The Hunger Games series will be called The Ballad of Songbirds and Snakes. Continue reading at The Bookseller
[ The Bookseller | 2019-10-03 15:14:24 UTC ]
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The Oscar-winning actress, whose new children’s book is “Sulwe,” enjoyed “Fifty Shades of Grey” during filming: “I needed something light and inconsequential to take me out of the harshness of the world.” Continue reading at The New York Times
[ The New York Times | 2019-10-03 09:00:09 UTC ]
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Conari Press, an imprint of Red Wheel/Weiser founded in 1987 that focuses on categories such as spirituality and personal growth, was acquired by the Miami-based Mango Publishing in a deal that closed on Tuesday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-03 04:00:00 UTC ]
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Nada Stirratt, VP of North America at Facebook, sits down with Ad Age Associate Publisher Heidi Waldusky to discuss what storytelling means for Facebook users and advertisers. Plus, the need for brands to personalize messaging at scale—and how Facebook Stories can help. A custom video... Continue reading at Advertising Age
[ Advertising Age | 2019-10-02 21:00:00 UTC ]
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Vice Media Inc., the youth-oriented media company, agreed to acquire the online publisher Refinery29, seeking to reignite growth by reaching a young female audience. The deal marks the biggest move yet by Vice Chief Executive Officer Nancy Dubuc, who has been trying to revive the once... Continue reading at Advertising Age
[ Advertising Age | 2019-10-02 19:51:02 UTC ]
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Did you know that there’s an entire genre of books dedicated to white people going to Nepal to find themselves? I didn’t either! But it’s not so surprising since the release of Elizabeth Gilbert’s memoir Eat, Pray, Love, and its 2010 film adaptation, which has caused an uptick in tourism to... Continue reading at Electric Literature
[ Electric Literature | 2019-10-02 11:00:13 UTC ]
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Elliott and Thompson has acquired a “lyrical, evocative and beautiful book” from Arctic traveller and writer Nancy Campbell called Fifty Words for Snow. Continue reading at The Bookseller
[ The Bookseller | 2019-10-02 06:51:39 UTC ]
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The Christian multimedia company 1517 Media whose imprints include Beaming Books, Fortress Press, and Augsburg Books, has acquired Lutheran University Press, Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-30 04:00:00 UTC ]
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HarperCollins has signed a two-book deal with spy fiction writer Charles Cumming. Continue reading at The Bookseller
[ The Bookseller | 2019-09-25 07:41:32 UTC ]
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Scholastic has reported a 7% rise in revenue for its first quarter results to $232.6m (£185m) due partly to its YA titles and graphic novels imprint Graphix. Continue reading at The Bookseller
[ The Bookseller | 2019-09-19 16:16:17 UTC ]
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Dark as the Harry Potter books may get, you can always count on a Weasley for a laugh. Here are some of the Weasley siblings' funniest moments. Continue reading at Book Riot
[ Book Riot | 2019-09-19 10:38:47 UTC ]
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Baker & Taylor Publisher Services has signed 12 new sales and distribution partner agreements, including five Christian publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-19 04:00:00 UTC ]
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In a deal that closed September 13, Chicago Review Press acquired Amberjack Publishing. Based in Eagle, Idaho, Amberjack has a backlist of 63 titles, including 'Girl Boner' (2017). Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-16 04:00:00 UTC ]
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Fitzcarraldo Editions has acquired the debut book by Alice Hattrick, combining memoir, medical history and biography to uncover untold case histories of medically unexplained and invisible illness. Continue reading at The Bookseller
[ The Bookseller | 2019-09-15 13:30:42 UTC ]
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The distributor has had growth of 58% over the past three years, due in part to its ability to regain shelf space at major chains that had cut back on their book sections. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-09-13 04:00:00 UTC ]
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Car manual publisher Haynes saw turnover of £36.2m in the 12 months to 31st May 2019, a 7% increase on the previous year, alongside an adjusted profit boost of 24% in its third successive year of growth, the company has announced. Continue reading at The Bookseller
[ The Bookseller | 2019-09-12 01:52:26 UTC ]
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We've seen people turn neural networks to almost everything from drafting pickup lines to a new Harry Potter chapter, but it turns out classic text adventure games may be one of the best fits for AI yet. This latest glimpse into what artificial intel... Continue reading at Engadget
[ Engadget | 2019-09-11 19:39:00 UTC ]
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Thursday night’s NFL Kickoff Game wasn’t exactly one for the ages, but the 17-punt, 13-point defensive struggle between the Green Bay Packers and Chicago Bears still managed to scare up a three-year ratings high for NBC. According to Nielsen live-plus-same-day data, the Packers’ 10-3 win over... Continue reading at Advertising Age
[ Advertising Age | 2019-09-06 21:11:16 UTC ]
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Charlotte, N.C.-based private equity firm Falfurrias Capital Partners has acquired a majority stake in Industry Dive, the seven-year-old B2B media company whose online verticals span 19 different sectors including banking, construction, retail and supply chain. Contacted via email, Industry... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-05 16:26:03 UTC ]
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New fiction on China's bestseller lists captures the contemporary sensibilities of young adults in the country's largest cities. The post China Bestsellers for July: An Urban Online Gaming Culture Drives Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-08-30 05:30:36 UTC ]
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