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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Brazos Press returns to our roots with a book tentatively titled 'Native,' Fortress asks ‘What Am I Missing,’ and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-12 00:00:00 UTC ]
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Canongate has acquired the world English rights to The Kremlin School of Negotiation by business coach Igor Ryzov. Continue reading at The Bookseller
[ The Bookseller | 2018-12-11 00:00:00 UTC ]
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The late Peter Mayer is remembered as the man who made the Penguin Group 'the world’s most admired and successful publishing company.' The post At Peter Mayer’s Memorial Service: Appreciation for a Publishing Giant appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-12-07 00:00:00 UTC ]
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Among the week's headlines: The 2018 'I Love my Librarian' award winners are honored at a reception in New York; ALA offers a legislative update as the 115th Congress enters its final weeks; and what does Tumblr's decision to police its platform for pornography say about the future of the internet? Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-07 00:00:00 UTC ]
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U.S.-based Hobbyist and DIY crafts publisher Fox Chapel Publishing has acquired the U.K.-based house Old Pond Publishing, which specializes in books on agriculture, machinery, and animal husbandry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-06 00:00:00 UTC ]
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Raven Books has pre-empted a thriller, Never Have I Ever, about a drunken game which goes wrong from US author Joshilyn Jackson. Continue reading at The Bookseller
[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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Ebury Press has acquired the first book from Love Island 2018 winner Dani Dyer for publication in 2019. Continue reading at The Bookseller
[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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Facebook, Google and Apple make the headlines, but there are many inspiring startups to dissipate the sense of techno-dreadA quarter of a century ago, the Canadian author Douglas Coupland published his third novel. Microserfs was the tale of a group of young Microsoft employees who decide to... Continue reading at The Guardian
[ The Guardian | 2018-12-05 00:00:00 UTC ]
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Ben Aaronovitch caused an upset in the Weekly E-Book Ranking as his seventh Rivers of London title, Lies Sleeping, swept away with the ebook top spot. Continue reading at The Bookseller
[ The Bookseller | 2018-11-30 00:00:00 UTC ]
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Orion's SFF imprint Gollancz has acquired a new Ben Aaronovitch novella, The October Man, which extends the Rivers of London universe to Germany. Continue reading at The Bookseller
[ The Bookseller | 2018-11-27 00:00:00 UTC ]
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The UK game developer behind Sniper Elite is opening its own film studio where it plans to shoot a Judge Dredd TV series and Rogue Trooper film. Rebellion, which also created the PSVR tank shooter Battlezone, nabbed the rights to the comic books afte... Continue reading at Engadget
[ Engadget | 2018-11-26 00:00:00 UTC ]
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Mitchell Beazley has acquired the first book of chef and entrepreneur Alissa Timoshkina, Salt & Time: Recipes from a modern Russian kitchen. Continue reading at The Bookseller
[ The Bookseller | 2018-11-24 00:00:00 UTC ]
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It can't have escaped your attention that -- in the US at least -- holiday season is just around the corner. With Thanksgiving comes Black Friday and other sales, and Google is getting in on the action with a series of discounts in the Play Store. There are great savings to be made on games and... Continue reading at Betanews
[ Betanews | 2018-11-21 00:00:00 UTC ]
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OWN IT! has acquired world rights to a book, Soccology, about the psychology behind football, by former professional footballer Kevin George. Continue reading at The Bookseller
[ The Bookseller | 2018-11-20 00:00:00 UTC ]
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It's been less than a day since the New York Times published a brutal report about the state of affairs at Facebook, including a deep look at the company's failure to properly identify and deal with fake news and Russian interference. The company alr... Continue reading at Engadget
[ Engadget | 2018-11-16 00:00:00 UTC ]
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This week's hot international books include an Australian backlist novel that has gained new sales after a film adaptation, and a Finnish title about a woman seeking inspiration from historical figures. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-16 00:00:00 UTC ]
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The winner of the 2018 Goldsmiths Prize for 'The Long Take,' Robin Robertson talks about acquiring world rights to 'Trainspotting' for Secker in 1992. The post ‘Trainspotting’ at 25: Cape’s Robin Robertson on Acquiring the Book appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-11-16 00:00:00 UTC ]
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The U.S.-based DK imprint, which publishes strategy guides to video games, will stop commissioning new titles immediately, and will be discontinued in spring 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-09 00:00:00 UTC ]
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Wimpy Kid author Jeff Kinney has the #1 book in the country – again – with ‘The Meltdown.’ Plus musicians tell their stories in two new titles, and Ursula K. Le Guin's Earthsea Cycle gets an illustrated omnibus. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-09 00:00:00 UTC ]
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Doubleday invests in the sophomore novel by the author of 'The Night Circus,' Morrow nabs a debut thriller that picked up buzz in Frankfurt, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-09 00:00:00 UTC ]
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