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 (PRH) Children’s has acquired the UK and Commonwealth rights to Frankly in Love, the debut YA by David Yoon that was at the centre of a 10-strong publisher auction in the US. Continue reading at The Bookseller
[ The Bookseller | 2019-01-29 00:00:00 UTC ]
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Emily Barrett, commissioning editor at Seven Dials and Orion Spring, has acquired world rights including dramatisation rights to a book about life inside a women’s prison by a former prison art teacher. Continue reading at The Bookseller
[ The Bookseller | 2019-01-29 00:00:00 UTC ]
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Hachette Livre is in exclusive talks to acquire French board game company Gigamic. Continue reading at The Bookseller
[ The Bookseller | 2019-01-26 00:00:00 UTC ]
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After 21 years as the place where local sports fans could find a rare baseball card, an autographed football or even collectible photos, comic books and other memorabilia, the DugoutZone is closing its doors in Ellicott City. Rick Hubata, owner, said it’s time to shutter the brick-and-mortar... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-01-26 00:00:00 UTC ]
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Bloomsbury’s senior commissioning editor Richard Atkinson, responsible for the publishing of books such as Polpo and Hugh Fearnley-Whittingstall’s River Cottage series, has left the company and is focusing full-time on writing his family memoir. Continue reading at The Bookseller
[ The Bookseller | 2019-01-24 00:00:00 UTC ]
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Virago is publishing Eliot Among the Women by TS Eliot biographer Lyndall Gordon, a book exploring the impact of the women in Eliot's life on his work following the release of decades-confined correspondence. Continue reading at The Bookseller
[ The Bookseller | 2019-01-19 00:00:00 UTC ]
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Harvill Secker has acquired a new novel by A.D Miller, author of the Man Booker-shortlisted debut Snowdrops (Atlantic, 2011), called Independence Square. Continue reading at The Bookseller
[ The Bookseller | 2019-01-19 00:00:00 UTC ]
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Puffin, a division of Penguin Random House (PRH) Children’s, has acquired the debut fiction trilogy by illustrator Jamie Littler in a six-figure deal. Continue reading at The Bookseller
[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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OWN IT! will publish former secondary school teacher Ashley Hickson-Lovence’s debut novel after founder and publisher Crystal Mahey-Morgan acquired the rights in a deal negotiated with David Godwin Associates. Continue reading at The Bookseller
[ The Bookseller | 2019-01-15 00:00:00 UTC ]
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Consider adding these nonfiction titles on entrepreneurship and economics to your reading list. If you’re a founder or aspiring entrepreneur, perhaps you’re looking to round out your reading list for 2019 with a few inspiring business reads. We asked entrepreneurs to offer their book... Continue reading at Fast Company
[ Fast Company | 2019-01-11 00:00:00 UTC ]
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The Bookseller's Assocation has warned Amazon is "gaming the system" and branded the business rates regime "unfair" yet again after it emerged the online retail giant paid £63m in business rates despite recording £8bn in UK sales. Continue reading at The Bookseller
[ The Bookseller | 2019-01-10 00:00:00 UTC ]
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Transworld has acquired Jane Sanderson's latest novel, a "nostalgic and romantic" story called Mix Tape pitched as perfect for fans of David Nicholls and Laura Barnett, in a six-figure deal. Continue reading at The Bookseller
[ The Bookseller | 2019-01-09 00:00:00 UTC ]
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Authorities in Texas have charged a 20-year-old man in the shooting death of a 7-year-old black girl who was killed while riding in a vehicle with her family. The Harris County Sheriff's Office announced early Sunday that Eric Black Jr. was charged with capital murder in the death of Jazmine... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-06 00:00:00 UTC ]
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Hachette UK has acquired the Sheldon Press, a specialist medical, mental health and self-help imprint of the Christian knowledge publisher SPCK. Continue reading at The Bookseller
[ The Bookseller | 2019-01-05 00:00:00 UTC ]
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Plus unfortunate controversy in the competitive 'Overwatch' scene, a publishing giant goes on the market, and more gaming news. Continue reading at Wired
[ Wired | 2019-01-04 00:00:00 UTC ]
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DeAndre Hopkins will be putting his playoff paycheck to excellent use. The Houston Texans’ Pro Bowl receiver has announced that the money he makes from playing against the Indianapolis Colts this weekend will go toward covering the costs of Jazmine Barnes’ funeral and helping to track down the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-03 00:00:00 UTC ]
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Rowman & Littlefield has acquired a number of book trade imprints and titles from the Hal Leonard Performing Arts Publishing Group (HLPAPG), a Milwaukee-based independent publisher specialised in titles for music and performing arts professionals and pop culture fans. Continue reading at The Bookseller
[ The Bookseller | 2018-12-19 00:00:00 UTC ]
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Authors and critics have called for newspapers to increase the space they allow for children’s book reviews after only 7% of the titles chosen for newspapers’ books of the year round-ups were for kids. Continue reading at The Bookseller
[ The Bookseller | 2018-12-18 00:00:00 UTC ]
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Through the deal, Rowman & Littlefield has gained select trade imprints and trade titles from the music publishing company, giving it giving it more than 3,000 books in the performing arts field. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-17 00:00:00 UTC ]
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In a blog post and a few tweets, solo game developer Eric Barone laid out plans for 2019 that will expand his hit indie game Stardew Valley and extend to a new title. Now that he has regained the right to self-publish the top-down farming RPG on most... Continue reading at Engadget
[ Engadget | 2018-12-15 00:00:00 UTC ]
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