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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US-based Books International has acquired UK distributors Marston and its subsidiary Orca Book Services. Continue reading at The Bookseller
[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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The Dodgers had some decisions to make for their starting lineup against left-hander Madison Bumgarner and the San Francisco Giants on Tuesday night. Would they start Max Muncy or David Freese at first base? Should Austin Barnes or Russell Martin start behind the plate? And what about the batting... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-04-03 00:00:00 UTC ]
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Mitchell Beazley has acquired the first home decorating book by Chrissie Rucker and her retail firm The White Company. Continue reading at The Bookseller
[ The Bookseller | 2019-04-03 00:00:00 UTC ]
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The more we know about what other people earn, the more we can understand our own circumstancesI was paid a £12,500 advance to write my book, Open Up. Sharing this publicly, even as the author of a book about our emotional relationship with money, was initially petrifying, but I ended up... Continue reading at The Guardian
[ The Guardian | 2019-03-28 00:00:00 UTC ]
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Independent book publisher Rowman & Littlefield has acquired the publishing imprints of Finney Company, a 73 year-old publishing house based just outside Minneapolis, Minn. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-28 00:00:00 UTC ]
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The Troy-based independent game developer Velan Studios has teamed up with one of the giants of the video game industry. Velan announced Tuesday that Electronic Arts Inc. will be the publisher for its first original game for consoles, PCs, and mobile. The studio also said it will be adding 40... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2019-03-26 00:00:00 UTC ]
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Regnery Publishing had a good 2018, which president and publisher Marji Ross considered "peculiar" for one reason: three of its top-selling titles were by well-known political figures who wrote nonpolitical books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-22 00:00:00 UTC ]
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Hilary McKay’s next book for Macmillan Children’s Books (MCB) will be a contemporary fiction novel about two single parents who bring their children together in a mysterious, ivy-covered house. Continue reading at The Bookseller
[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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John Murray Press has acquired an anthology of 50 poems written in endangered languages, accompanied by translations and commentaries. Continue reading at The Bookseller
[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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The Rowman & Littlefield Publishing Group has added to its list of nautical titles, acquiring McBooks Press of Ithaca, N.Y. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-19 00:00:00 UTC ]
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Yellow Kite has picked up a "game-changing" examination of alcohol and its effects by Professor David Nutt. Continue reading at The Bookseller
[ The Bookseller | 2019-03-16 00:00:00 UTC ]
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As part of closing its Prima Games imprint, DK has sold Prima’s digital assets to Asteri Holdings, a two-year old company that owns a network of game, entertainment, sports, news, and kids’ websites. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-14 00:00:00 UTC ]
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Publishers in the new Facebook-funded program include BuzzFeed, Conde Nast and Viacom. The post Facebook is paying 12 publishers for Watch shows starring video creators appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-03-12 00:00:00 UTC ]
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Indie publisher Joffe Books has acquired the 350-strong Robert Hale crime and general fiction list from the Crowood Press. Continue reading at The Bookseller
[ The Bookseller | 2019-03-07 00:00:00 UTC ]
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For Major League Baseball players, three teams are at the bottom of the standings on state taxes: the Los Angeles Dodgers, San Diego Padres and San Francisco Giants. That’s because California is in a league of its own on personal income taxes. We’ve got by far the highest state rate in the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-03-07 00:00:00 UTC ]
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Indie publisher Short Books will publish Life Without Diabetes by Newcastle Diet creator Professor Roy Taylor. Continue reading at The Bookseller
[ The Bookseller | 2019-03-06 00:00:00 UTC ]
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To help parents make more time for family bedtime stories, the National Literacy Trust has partnered with transport network Uber to launch a “mobile library” scheme starting next month in London and Manchester. Continue reading at The Bookseller
[ The Bookseller | 2019-03-05 00:00:00 UTC ]
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Transworld has acquired Eddy de Wind’s Holocaust memoir, the only complete book written at Auschwitz, in a pre-empt deal. Continue reading at The Bookseller
[ The Bookseller | 2019-03-01 00:00:00 UTC ]
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Hilde Lysiak filmed the encounter with an Arizona marshal, demanding to know what crime she was being accused ofIt sounds like something from children’s fiction: a 12-year-old intrepid journalist who fights off threats from the mob and local police to self-publish the truth about her local area... Continue reading at The Guardian
[ The Guardian | 2019-02-24 00:00:00 UTC ]
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Headline has acquired two books to tie-in with a new TV series based on Neil Gaiman and Terry Pratchett’s Good Omens. Continue reading at The Bookseller
[ The Bookseller | 2019-02-21 00:00:00 UTC ]
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