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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Juliet Mabey, publisher at Oneworld, has bought a new novel by Irish writer Paul Lynch. Continue reading at The Bookseller
[ The Bookseller | 2018-11-07 00:00:00 UTC ]
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September Publishing has bought John Howkins’ Invisible - The Future of Work, about the increasing importance of the often invisible creative process in the work place. Continue reading at The Bookseller
[ The Bookseller | 2018-11-06 00:00:00 UTC ]
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Transworld has acquired Tamsin Calidas’s I Am An Island, her account of 15 years living on a croft on a remote island in the Hebrides. Continue reading at The Bookseller
[ The Bookseller | 2018-11-06 00:00:00 UTC ]
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The author of ‘1,000 Books to Read Before You Die’ picks Spanish-language titles by authors ranging from Don Quixote to Valeria Luiselli Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-02 00:00:00 UTC ]
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Penguin Random House has acquired majority ownership of Brazilian trade publishing house Companhia das Letras. Penguin first invested in the company in 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
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Medallion Press, which was formed in 2003 as a mass market publisher before branching out into other media markets, filed for Chapter 7 bankruptcy October 18. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-29 00:00:00 UTC ]
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The Indigo Press, the publishing arm of the MILD Group, will publish titles by Ahmad Danny Ramadan, Lucia Osborne-Crowley, Richard Seymour and Parker Bilal in 2019. Continue reading at The Bookseller
[ The Bookseller | 2018-10-27 00:00:00 UTC ]
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Bloomsbury division Osprey Games is launching a game, "Jonathan Strange & Mr Norrell: A Board Game of English Magic", based on of Susanna Clarke’s cult novel. Coming in June 2019, the game - inspired by the 2005 bestseller Jonathan Strange and Mr Norrell (Bloomsbury) - will see players... Continue reading at The Bookseller
[ The Bookseller | 2018-10-25 00:00:00 UTC ]
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Bret Easton Ellis will release his first work of nonfiction in April 2019. 'White' will, its publisher, Knopf, said, combine "commentary and personal reflection in a wide-ranging exploration of our reputation economy." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Unstoppable Film & Television has acquired the production rights to Juno Dawson’s upcoming YA novel Meat Market (Quercus Children’s Books), about a 16-year-old girl who is catapulted from her South London council estate to the international world of fashion. Continue reading at The Bookseller
[ The Bookseller | 2018-10-23 00:00:00 UTC ]
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Andrew Degenholtz, president at eMagazines, initially had reservations about entering the digital magazine space. As the founder and president of a magazine marketing agency, Degenholtz tells Folio: that he saw significant challenges with the user experience in mobile, as well as hurdles in... Continue reading at Folio Magazine
[ Folio Magazine | 2018-10-19 00:00:00 UTC ]
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The popular gaming chat app wants to be the local bookstore to Steam’s Amazon. Discord hopes to claim a piece of the $29 billion digital PC game sales market by adding a store to its popular gaming chat app. The Discord Store Beta, which is launching today after a limited test run in Canada,... Continue reading at Fast Company
[ Fast Company | 2018-10-16 00:00:00 UTC ]
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Administrator for collapsed firm has been informing rival bidders they are out of runningLadBible has moved closer to taking control of rival Unilad after administrators handling the fire sale of the collapsed viral Facebook publisher informed several bidders they were out of the... Continue reading at The Guardian
[ The Guardian | 2018-10-12 00:00:00 UTC ]
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The bestselling Apple Books in biographies and memoirs, fiction and literature, mysteries and thrillers, and more for the week ended October 7, 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-12 00:00:00 UTC ]
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Chatto & Windus has signed an "unflinching" new novel from Sadie Jones called The Snakes, telling the story of a marriage and a family whose sins come back to bite them. Publishing director Clara Farmer, who dubbed it a pacy novel of "tight plot turns and urgent moral questioning",... Continue reading at The Bookseller
[ The Bookseller | 2018-10-08 00:00:00 UTC ]
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There are no shortage of contenders to the throne being produced by Apple, Hulu, Netflix, HBO, and Amazon (especially Amazon!). Can anything match the drama and spectacle of the original? With the news that Netflix is creating a new TV series and film projects around C.S. Lewis’ children’s... Continue reading at Fast Company
[ Fast Company | 2018-10-04 00:00:00 UTC ]
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The set of Brother, Vertical Networks’ irreverent digital magazine for young men, which publishes daily on Snapchat and Facebook. Continue reading at The New York Times
[ The New York Times | 2018-10-01 00:00:00 UTC ]
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Viking has acquired a second novel by Josie Silver, whose debut One Day in December is currently a number one Kindle bestseller. Continue reading at The Bookseller
[ The Bookseller | 2018-09-29 00:00:00 UTC ]
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Publishers are tempted to try to go it alone but from a traffic and ad tech perspective, there's no getting around reliance on Google and Facebook. The post Like it or not, publishers are stuck with the platform giants appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-09-25 00:00:00 UTC ]
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