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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After 21 years, Alabama-based Grand View Media appears to be exiting the publishing business. Group C Media—the New Jersey-based publisher of Business Facilities and Facility Executive magazines—announced last week its acquisition of Turf, Turf Design Build, and Tree Services magazines from... Continue reading at Folio Magazine
[ Folio Magazine | 2018-06-13 00:00:00 UTC ]
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The b2b publisher will become an independent subsidiary of WebMD, which was itself acquired by Internet Brands last year. The post WebMD Acquires Jobson Healthcare Information appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-06-13 00:00:00 UTC ]
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The new Apple Books will debut in the fall. Apple Books is getting a fancy new update this fall, and Audible may have cause for concern.Read Full Story Continue reading at Fast Company
[ Fast Company | 2018-06-12 00:00:00 UTC ]
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Book author George RR Martin co-created the as-yet-untitled show, one of five potential spinoffs. Continue reading at BBC News
[ BBC News | 2018-06-09 00:00:00 UTC ]
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Hachette Children’s Group will next year publish The Colour of Happy, a picture book about emotions and empathy. Continue reading at The Bookseller
[ The Bookseller | 2018-06-06 00:00:00 UTC ]
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Facebook, looking to grow its ad business outside its own apps, has struck partnerships that enable it to plug into ad auctions run by ad exchanges like MoPubowned by TwitterFyber and Max. Facebook can now also work directly with publishers like Rovio, Talefun and GameInsight, which manage their... Continue reading at Advertising Age
[ Advertising Age | 2018-06-06 00:00:00 UTC ]
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Apple's iBooks app may not have buried the Kindle, but it's still one of the most prominent digital bookstores out there. Today at WWDC, Apple announced a total redesign of iBooks, complete with a new name. Apple Books will replace iBooks; it now has... Continue reading at Engadget
[ Engadget | 2018-06-04 00:00:00 UTC ]
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As publishers move away from distributed content and renew their focus on direct relationships, branded mobile apps are making a comeback. The post The New Thinking Behind the Mobile App Renaissance appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-05-31 00:00:00 UTC ]
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Vintage has paid tribute to Pulitzer Prize and Man Booker International Prize-winning author Philip Roth as "one the greatest American novelists of the 20th century” following his death at the age of 85. Continue reading at The Bookseller
[ The Bookseller | 2018-05-24 00:00:00 UTC ]
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Christian publisher Whitaker House is expanding with the acquisition of Smart Kidz Books, a publisher of titles for children from infancy through age eight. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-17 00:00:00 UTC ]
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Emma Harrow is leaving Simon & Schuster UK next month to go freelance after 12 years with the publisher. Continue reading at The Bookseller
[ The Bookseller | 2018-05-16 00:00:00 UTC ]
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Tesla just earned a Guinness World Record. Tesla just entered the Guinness World Record book. The electric automaker teamed up with Qantas for a publicity stunt in which a Tesla Model X P100D pulled a 287,000-pound Boeing 787-9 Dreamliner nearly 1,000 feet down the tarmac at the Melbourne... Continue reading at Fast Company
[ Fast Company | 2018-05-15 00:00:00 UTC ]
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Faber & Faber has acquired an "essential" new non-fiction title from author and senior campaigns manager John Grindrod. Continue reading at The Bookseller
[ The Bookseller | 2018-05-15 00:00:00 UTC ]
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When Nintendo promised to revive the NES Classic Edition and SNES Classic Editions, we didn't expect the company to do it this way. In celebration of Japanese manga magazine Weekly Jump, Nintendo will release a special gold and red Famicom Mini (NES... Continue reading at Engadget
[ Engadget | 2018-05-14 00:00:00 UTC ]
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The first title in Prima Games’ newly announced Gaming and Pop Culture line is 'Women in Gaming: 100 Pioneers of Play' by Meagan Marie, a 352-page celebration of women who have made a mark in the male-dominated video game industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
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This week's hot book to film deals include a novel recently optioned for Ron Howard to direct, and a TV series to be adapted from works by Paulo Coelho. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-08 00:00:00 UTC ]
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HMH nabs a Brit’s debut rom-com, S&S buys a nonfiction book from the creator of a forthcoming BET dramedy, Andrews McMeel invests in another Instagram poet, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-04 00:00:00 UTC ]
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Michelle McNamara’s ‘I’ll Be Gone in the Dark’ has a surge in sales after an arrest in the Golden State Killer cold case. Plus ‘Magnolia Table’ by Joanna Gaines sets a place at the top of the list, and CNN’s Jake Tapper publishes a novel about the McCarthy era. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-04 00:00:00 UTC ]
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This week: new books from Michael Ondaatje, Zora Neale Hurston, and Rachel Kushner. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-04 00:00:00 UTC ]
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John Murray is publishing Michael Hughes' "vivid, funny and brutal" reimagining of Homer's Iliad, set at the end of the Troubles in Northern Ireland in the mid-1990s. Continue reading at The Bookseller
[ The Bookseller | 2018-05-03 00:00:00 UTC ]
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