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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Bloomsbury has acquired independent non-fiction publisher I B Tauris, a specialist in Middle Eastern and political publishing, for £5.8m. Continue reading at The Bookseller
[ The Bookseller | 2018-05-02 00:00:00 UTC ]
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In subscriptions, Amazon's Prime program announces a "Book Box" invitational offer in the United States, as the UK's Unicorn art-book publisher names New Mexico's Fatima Ronquillo to its retrospective club. The post Industry Notes: Amazon Prime Boxes Books for Children, Unicorn Acquires... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-02 00:00:00 UTC ]
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The 25-year-old imprint at Penguin Random House’s DK division has adopted a hybrid publishing model to evolve along with the video game industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-27 00:00:00 UTC ]
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There is good news and band news for "Game of Thrones" fans. The good news: George R.R. Martin is returning to the world of Westeros with a new book scheduled to be published later this year. "Fire & Blood" is a prequel to the "A Song of Ice and Fire" book series that forms the basis for the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-26 00:00:00 UTC ]
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The studio has acquired the estate of classic western novelist Zane Grey, with plans to revive the novelist's works and brand by developing film, TV, and publishing projects for a new generation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-20 00:00:00 UTC ]
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Sally Williamson, a senior commissioning editor at HarperCollins, is leaving the company after 12 years to go freelance. Continue reading at The Bookseller
[ The Bookseller | 2018-04-19 00:00:00 UTC ]
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Apple said 12 of its employees were arrested last year for leaking corporate information to the outside world, according to an internal company memo that itself was leaked to Bloomberg reporters. Cupertino-based Apple is notoriously secretive, but the lengthy memo, posted recently to its... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-04-14 00:00:00 UTC ]
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W H Smith’s book sales fell 7% in the first six months of its financial year, but the retailer said it has seen some “encouraging results” for its new high street book offer for customers. Continue reading at The Bookseller
[ The Bookseller | 2018-04-13 00:00:00 UTC ]
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The public-facing London Book and Screen Week opens with adaptation awards in film, television, gaming, audio, and stage. The post London Book and Screen Week CAMEO Awards Include Film, Stage, Gaming Adaptations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-10 00:00:00 UTC ]
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International media group Future plc has acquired NewBay Media for an initial net value of $13.8 million, the companies announced today. NewBay Media, based in London and New York, is a magazine and website publisher, with multiple verticals covering fields like TV and audio, electronics and... Continue reading at AdWeek
[ AdWeek | 2018-04-05 00:00:00 UTC ]
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The independent publisher, founded in 2014, has agreed to acquire what it termed “a substantial portion of [the] worldwide intellectual property rights” of Parragon. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-05 00:00:00 UTC ]
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Independent Publishers Group (IPG) has acquired the academic book distributor International Specialized Book Services (ISBS). Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-04 00:00:00 UTC ]
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The role-playing adventure books sold 20m copies in the 80s, before being eclipsed by video games. Now they’re back with a new story by Charlie Higson, can they captivate the web generation?Ian Livingstone calls it the “five-fingered bookmark”: that grip known to children of the 80s and 90s.... Continue reading at The Guardian
[ The Guardian | 2018-04-04 00:00:00 UTC ]
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Blackwell’s is seeing rapid revenue growth spurred on by its multi-channel strategy, with like-for-like sales up 12% to £48.3m for the year to June 2017. Continue reading at The Bookseller
[ The Bookseller | 2018-03-27 00:00:00 UTC ]
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Two of Lithuania's most prominent publishing figures are optimistic about the future. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-23 00:00:00 UTC ]
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Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold. The Iowa-based Meredith owns monthly magazines that target women, including... Continue reading at AdWeek
[ AdWeek | 2018-03-22 00:00:00 UTC ]
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Facebook Inc.’s stock tumbled Monday after the social media company accused a data analytics firm used by the Trump campaign of exploiting ill-gotten data belonging to unwitting Facebook users. Shares of Facebook sank 6.7% to $172.69 around 9:50 a.m. Pacific time. On Friday, a Facebook executive... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-19 00:00:00 UTC ]
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Open Road announces its acquisition of US ebook rights to iconic British journalist-novelist Graham Greene, as the UK's Unicorn names artist Ali Cavanaugh for a 2019 retrospective. The post Open Road Acquires US Graham Greene Ebook Rights; Unicorn Announces Ali Cavanaugh Book appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-03-13 00:00:00 UTC ]
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Rolling out the news of its acquisition with three pivotal titles, Open Road announces its Graham Greene US ebook rights acquisition, as the UK’s Unicorn names artist Ali Cavanaugh for a 2019 retrospective. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Jon Fine: ‘Greene’s Extraordinary... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-03-13 00:00:00 UTC ]
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'A Future of Faith: The Path of Change in Politics and Society' by Pope Francis and French sociologist Dominique Wolton, based on a series of talks the two had last spring, will be published in North America in August. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-13 00:00:00 UTC ]
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