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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Jake Lingwood’s new Octopus imprint Monoray has acquired the "phenomenal" first ever oral history of 9/11 as one of its first titles. Continue reading at The Bookseller
[ The Bookseller | 2019-06-20 02:24:43 UTC ]
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Penguin Random House is set to acquire the book publishing assets of F+W Media following the media company’s bankruptcy, with the effects on F+W's UK division unclear. Continue reading at The Bookseller
[ The Bookseller | 2019-06-17 19:21:17 UTC ]
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Scholastic will next year publish a prequel to Suzanne Collins’ bestselling The Hunger Games series in the UK, US, Canada, Ireland, Australia and New Zealand. Continue reading at The Bookseller
[ The Bookseller | 2019-06-17 11:57:14 UTC ]
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Simon & Schuster Children’s has acquired three more books by picture book duo Sue Hendra and Paul Linnet. Continue reading at The Bookseller
[ The Bookseller | 2019-06-14 03:41:36 UTC ]
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Jia Tolentino writes about the children’s book “The Westing Game,” by Ellen Raskin. Continue reading at New Yorker
[ New Yorker | 2019-06-13 16:15:43 UTC ]
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The entertainment and character sector, in which book publishing operates, held the largest position in global licensing, according to a new survey from Licensing International. The post Survey: Worldwide Sales of Licensed Material Surpasses US$280 Billion in 2018 appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-06-12 07:30:10 UTC ]
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Books are a go-to gift for Father's Day, but if you rely on chain bookstore displays, you'll probably find a lot of the same things: cookbooks with recipes for grilling obscenely large hunks of meat, ghostwritten memoirs by pro athletes, and techno-thrillers featuring very long descriptions of... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-11 17:32:01 UTC ]
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Books are a go-to gift for Father's Day, but if you rely on chain bookstore displays, you'll probably find a lot of the same things: cookbooks with recipes for grilling obscenely large hunks of meat, ghostwritten memoirs by pro athletes, and techno-thrillers featuring very long descriptions... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-11 17:30:00 UTC ]
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In the words of rockers the Breeders, "Summer is ready when you are." And for book lovers, that means the chance to read either outside by the swimming pool (but please use sunscreen) or inside your house, huddled six inches from an air conditioner on full blast. However you like to read,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-06-10 17:45:00 UTC ]
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The News Media Alliance today published findings from a new study that analyzes how Google uses and benefits from news. Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-06-10 15:10:50 UTC ]
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Journalists create the content, and big tech companies are profiting off it, according to a new analysis. “We need to share the revenue,” a news publisher says. Continue reading at The New York Times
[ The New York Times | 2019-06-10 04:21:34 UTC ]
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Weidenfeld & Nicolson has acquired a “dazzlingly original” book from frieze magazine editor Jennifer Higgie on the history of female artists through their self-portraits. Continue reading at The Bookseller
[ The Bookseller | 2019-06-09 14:37:49 UTC ]
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Viking has acquired a memoir by “Emily Doe”, the woman sexually assaulted by Stanford swimmer Brock Turner, telling the story of the attack, trial and her recovery. Continue reading at The Bookseller
[ The Bookseller | 2019-06-08 13:48:02 UTC ]
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It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek
[ AdWeek | 2019-06-07 20:03:20 UTC ]
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The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-07 15:58:20 UTC ]
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Penguin Random House has posted the winning bid to acquire the book publishing assets of F+W Media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Viking buys a memoir from a sexual assault victim, Putnam wins the follow-up from 'Adulting' author Kelly Williams Brown, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Amazon.com Inc. is interested in acquiring prepaid wireless phone service Boost Mobile from T-Mobile US Inc. and Sprint Corp., Reuters reported, citing people familiar with the matter. Amazon is considering buying Boost for an attached wholesale deal that would allow the buyer to use T-Mobile’s... Continue reading at Advertising Age
[ Advertising Age | 2019-05-31 17:33:29 UTC ]
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#—bloomberg news
Amazon has agreed to acquire the ad server business of Sizmek, a move which will have significant implications for both marketers and Google. Although terms of the deal were not disclosed, one person whose company was also bidding on Sizmek’s ad server believes the company was seeking about $30... Continue reading at Advertising Age
[ Advertising Age | 2019-05-31 15:26:13 UTC ]
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Brooks thinks 'Game of Thrones' reminds us of mistaken military assumptions after the Cold War ended. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-31 00:00:00 UTC ]
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#max brooks