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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Penguin Random House's parent company Bertelsmann has reported its highest first half for 12 years with €8.6bn group revenues, with PRH’s successful performance attributed to “strong bestsellers, high growth rates in audio formats, and acquisitions”. Continue reading at The Bookseller
[ The Bookseller | 2019-08-29 03:19:02 UTC ]
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Combined digital formats comprised 22.3 percent of reported US trade publishing revenue, in the first six months of this year, according to StatShot data. The post AAP’s StatShot Report for January to June of 2019: $6 Billion in Revenue appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-08-28 21:35:09 UTC ]
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Arcadia Publishing, the hyper-local book publisher, has acquired Wildsam, publisher of the Wildsam Field Guides series. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-28 04:00:00 UTC ]
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In the popular imagination, the idea of Canadian literature is overwhelmingly dominated by imposing landscapes: the vast emptiness of the prairies, a cruel wilderness that tests the limits of human survival. It makes sense that such settings would loom large––many of the country’s most... Continue reading at Electric Literature
[ Electric Literature | 2019-08-26 11:00:08 UTC ]
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Blacksad is a long-running graphic novel series that covers some heavy topics through a noir detective window. Set in the 1950s, it follows hardboiled detective John Blacksad, with each book focusing on a new case. It's one of my favorite series, but... Continue reading at Engadget
[ Engadget | 2019-08-22 12:00:00 UTC ]
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London indie Flame Tree Publishing has entered a "pioneering" co-publishing deal with Jiangsu Phoenix Literary and Art Publishing, a division of the leading Chinese publisher Phoenix Publishing and Media Group (PPMG). Continue reading at The Bookseller
[ The Bookseller | 2019-08-22 09:37:01 UTC ]
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Obsessed with James, Sirius, Remus and Peter? Categorized by each member, here are 12 YA books for Marauders fans and fans of the Harry Potter books. Continue reading at Book Riot
[ Book Riot | 2019-08-20 10:35:27 UTC ]
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“I annoy everyone around me by observing out loud what everyone already knows.” Sarah M. Broom on coming of age—and learning to see—in New Orleans. | Lit Hub Memoir Maggie Paxson on the French village that saved hundreds fleeing Nazi persecution. | Lit Hub History From Alexander Jessup to Anna... Continue reading at Literrary Hub
[ Literrary Hub | 2019-08-17 10:30:06 UTC ]
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When I first joined a workshop in 1994, American literary fiction was dominated by and continually lauded a “quiet” kind of writer, one often influenced by J.D. Salinger, Ernest Hemingway, or Raymond Carver. I loved literary fiction—I’d been reading, writing, and submitting it since high school.... Continue reading at Electric Literature
[ Electric Literature | 2019-08-16 11:00:22 UTC ]
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Board games are booming, but comics publishers are wary about entering the market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-16 04:00:00 UTC ]
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Do you like criminals in your manga? What about criminals as the main characters? If so, check out this list of crime manga! Continue reading at Book Riot
[ Book Riot | 2019-08-15 10:34:10 UTC ]
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The Specialty Graphic Imaging Association (SGIA), a printing industry trade group, announced this week that it has acquired NAPCO Media—the Philadelphia-based B2B publisher of Book Business, Printing Impressions and Publishing Executive, among a handful of other titles—for an undisclosed... Continue reading at Folio Magazine
[ Folio Magazine | 2019-08-08 18:53:40 UTC ]
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Michael Joseph has partnered with HBO to publish Game of Thrones: A Guide to Westeros and Beyond, The Complete Series in November, offering "a visually dynamic exploration of complex plots and narrative arcs". Continue reading at The Bookseller
[ The Bookseller | 2019-08-06 21:50:07 UTC ]
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Penguin Random House UK Children’s has bought world rights to 12 fairy tale retellings by Bruno Vincent, author of the Enid Blyton for Grown-ups series. Continue reading at The Bookseller
[ The Bookseller | 2019-08-05 19:08:41 UTC ]
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The Amazon review for my debut novel was glowing, including words like “compelling” and “fun.” And then there was this: “If you love historical fiction, you’ll love The Last Book Party.” Say what? How could my novel, which is set during the 1980s—a decade of my own youth—be historical fiction?... Continue reading at Electric Literature
[ Electric Literature | 2019-08-01 11:00:53 UTC ]
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Future plc has acquired Washington, D.C.-based online B2B publisher SmartBrief, the latest move in a string of purchases aimed at expanding the London-based media giant's presence in the U.S. Expected to close on Wednesday, the agreement involves an initial purchase price of $45 million—funded... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-30 16:09:27 UTC ]
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Narrowing down its longlists, the now double-award Polari Prize program names a doze titles for its shortlists. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Two Prizes, Two Shortlists n June 10, the dual-award Polari Prize program announced the longlists for its 2019 cycle in honoring... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-27 03:22:27 UTC ]
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Remember a few years ago when adults discovered coloring books and a wave of new pieces hailed them as a tool for mindfulness and dealing with anxiety? In a move both educational and depressingly efficient, this coloring book on climate change and renewable energy covers the topic that is... Continue reading at Literrary Hub
[ Literrary Hub | 2019-07-26 15:06:44 UTC ]
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A group of private foundations led by the J. Paul Getty Trust is set to purchase the complete photography archive of Johnson Publishing—which comprises some 983,000 photographs and 3.35 million unprocessed negatives from Ebony and Jet magazines dating back to 1948—after submitting a winning $30... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-25 17:18:02 UTC ]
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Bryan Goldberg is making additional moves in digital media. Goldberg's Bustle Digital Group has acquired Inverse, a tech- and science-focused website, the company said today. Financial details of the agreement were not disclosed. The acquisition represents yet another for Goldberg and BDG, which... Continue reading at AdWeek
[ AdWeek | 2019-07-23 17:51:26 UTC ]
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