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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Looking for a YA book about OCD? Read on to discover these 12 YA books featuring characters with obsessive-compulsive disorder. Continue reading at Book Riot
[ Book Riot | 2019-07-23 10:36:14 UTC ]
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The new annual sales survey from the APA shows audiobooks holding its market lead for growth in formats, with listening in cars on the upswing in 2018. The post Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-16 17:07:26 UTC ]
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Simon & Schuster (S&S) Children’s UK has bought the UK and Commonwealth rights to The Black Kids by Christina Hammonds Reed, which is set during the 1992 Rodney King riots. Continue reading at The Bookseller
[ The Bookseller | 2019-07-16 07:46:34 UTC ]
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The Spanish philosopher and poet George Santayana once said, “Those who cannot remember the past are condemned to repeat it.” As a genre, historical fiction allows us to shuttle back in time to stand in the shoes, clogs, chopines, and go-go boots of people—real and imagined—to consider the... Continue reading at Electric Literature
[ Electric Literature | 2019-07-15 11:00:13 UTC ]
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The digital content market for libraries is about to get even more unsettled; Elsevier cuts off researchers at the University of California; and librarians gear up for the 2020 census. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-12 04:00:00 UTC ]
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Production company See-Saw Films has optioned the screen rights to Alice Oseman’s Heartstopper series of YA graphic novels. Continue reading at The Bookseller
[ The Bookseller | 2019-07-11 11:08:58 UTC ]
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Penguin Random House has acquired the UK and Commonwealth rights to the novelisation of ‘The Prom’, a musical and film that launches on Netflix next year, written by Saundra Mitchell. Continue reading at The Bookseller
[ The Bookseller | 2019-07-09 10:57:52 UTC ]
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The British Library has acquired the 40-year archive of Granta magazine featuring letters and papers from authors including Margaret Atwood, JG Ballard, Angela Carter and Kazuo Ishiguro. Continue reading at The Bookseller
[ The Bookseller | 2019-07-09 06:16:31 UTC ]
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Critical Linking, a daily roundup of the most interesting bookish links from around the web, is sponsored by Book Riot’s ... Continue reading at Book Riot
[ Book Riot | 2019-07-07 10:30:45 UTC ]
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Dallas-based translation publisher Deep Vellum has acquired the backlists of Phoneme Media of Los Angeles and A Strange Object of Austin, Tex., and is expanding into publishing works originally written in English. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-02 04:00:00 UTC ]
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Walker Books has acquired two novels by middle-grade author Jennifer Bell in a six-figure, pre-emptive deal. Continue reading at The Bookseller
[ The Bookseller | 2019-06-30 16:26:58 UTC ]
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Welcome to the first edition edition of Ad Age TV Brief, a new roundup of news from the world of broadcast, cable, streaming and beyond. Sinclair under fire “The Federal Communications Commission is investigating whether Sinclair Broadcast Group Inc. misled the government agency during its... Continue reading at Advertising Age
[ Advertising Age | 2019-06-28 20:34:29 UTC ]
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Nielsen will soon lend even more legitimacy to esports advertising by measuring sponsorship deals through Riot Games. Riot Games, the gaming publisher and esports event organizer, said it will begin working with Nielsen to measure the value of brand deals for Riot's League of Legends leagues and... Continue reading at AdWeek
[ AdWeek | 2019-06-27 20:44:59 UTC ]
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Less than three years after its acquisition by private equity firm Genesis Park, Texas Monthly is changing hands once again. The Austin-based regional magazine confirmed Tuesday that it's being purchased by billionaire oil heiress Randa Duncan Williams in a deal expected to close on June 30.... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-25 20:55:25 UTC ]
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Quartz Brief, the award-winning news mobile app, is being put out to pasture so the digital news publisher can focus Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-06-24 17:45:29 UTC ]
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LiveRamp has agreed to acquire Boston-based Data Plus Math for $150 million, a move the company says will allow marketers to measure TV ad effectiveness across linear and advanced TV. LiveRamp provides brands the ability to match their first-party data to platforms such as Pinterest, for... Continue reading at Advertising Age
[ Advertising Age | 2019-06-24 15:34:50 UTC ]
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AT&T is now part of Harry Potter lore as the first brand to ink a sponsorship deal with the new augmented reality game about the wizarding world. AT&T stores are incorporated into the landscape of the game, called “Harry Potter: Wizards Unite,” which is by Niantic, the creator of... Continue reading at Advertising Age
[ Advertising Age | 2019-06-21 21:00:51 UTC ]
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A smartphone alert to local news publishers: Mobile matters! It matters to your readers, to your revenue streams and to Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-06-21 15:22:29 UTC ]
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Yellow Kite has acquired a companion journal for its bestselling spiritual guide The Power of Now by Eckhart Tolle. Continue reading at The Bookseller
[ The Bookseller | 2019-06-21 10:13:21 UTC ]
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They turned down Ulysses and Animal Farm, but still shaped 20th‑century literatureAll publishing houses have archives, but for anyone interested in 20th-century literature the archive of Faber & Faber is a fabled treasure house. This is the firm that was, as Toby Faber puts it, “midwife at... Continue reading at The Guardian
[ The Guardian | 2019-06-20 11:00:08 UTC ]
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