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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Kristen Roupenian, the author of “Cat Person,” a fiction piece in The New Yorker that became a viral phenomenon, has agreed to a two-book deal. Continue reading at The New York Times
[ The New York Times | 2017-12-21 00:00:00 UTC ]
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Pan Macmillan has acquired Deborah Hewitt’s The Nightjar, a book for adult readers infused with magical adventure and Finnish mythology. Continue reading at The Bookseller
[ The Bookseller | 2017-12-19 00:00:00 UTC ]
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Picador has acquired a "unique" and "stirring" poetry anthology of migrant stories from schoolchildren, called England. Continue reading at The Bookseller
[ The Bookseller | 2017-12-19 00:00:00 UTC ]
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A half-dozen NBA scouts sprawled in an anonymous row of seats behind one of the baskets at Galen Center. The serious-faced men balanced cellphones, bottles of water and notebooks covered with the pebbled texture of a basketball Thursday night. None of the announced crowd of 2,712 paid attention... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-12-15 00:00:00 UTC ]
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Blackwell’s e-textbook platform, Blackwell Learning, has been sold to rival Kortext for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2017-12-14 00:00:00 UTC ]
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The art and design title will become a joint venture between Adam Sandow and its founders, Hudson News moguls Lisa and James Cohen. The post Sandow Acquires Stake in Galerie Magazine appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-12-13 00:00:00 UTC ]
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Penguin Press is to rush-release YouTube psychologist Jordan Peterson's book out in January. Continue reading at The Bookseller
[ The Bookseller | 2017-12-08 00:00:00 UTC ]
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In the latest of its moves amid East-European educational-sector interests, it proposes taking over publishing and distribution assets in Bulgaria. The post Germany’s Klett Applies To Acquire Bulgarian Publishing and Distribution Group appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-12-01 00:00:00 UTC ]
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As we approach the start of a new year, the inevitable "best of" lists are starting to crop up. Never one to miss a trick, Google has released its own top five lists for 2017. The lists cover the US, and there are a few obvious names taking the top spots -- Super Mario Run is unsurprisingly... Continue reading at Betanews
[ Betanews | 2017-12-01 00:00:00 UTC ]
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The publisher has been folded into John Murray Press as an imprint, and will be overseen by managing director Nick Davies, while Kingsley herself plans to retire. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-30 00:00:00 UTC ]
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Ruth Ware's The Lying Game has been optioned for television by Hollywood production company Gotham and Entertainment One (eOne). Continue reading at The Bookseller
[ The Bookseller | 2017-11-29 00:00:00 UTC ]
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After acquiring the Scotland-based spirituality publisher, Inner Traditions is launching two new imprints. With the move, the mind-body-spirit publisher will increase its yearly output to over 80 titles a year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-28 00:00:00 UTC ]
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Time Inc., the steward of some of the country's most circulated and storied magazine brands, will be sold to the lifestyle-magazine publisher Meredith Corp., the companies announced Sunday. Meredith will pay $18.50 per share in the all-cash deal for a company that counts such titles as Time,... Continue reading at Baltimore Sun
[ Baltimore Sun | 2017-11-27 00:00:00 UTC ]
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Magazine and broadcasting company Meredith is buying magazine publisher Time for about $1.8 billion to bulk up on readers as the publishing industry navigates the difficult transition to digital from... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2017-11-27 00:00:00 UTC ]
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Little, Brown imprint Orbit has acquired the Rosewater trilogy from British author Tade Thompson. Continue reading at The Bookseller
[ The Bookseller | 2017-11-17 00:00:00 UTC ]
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The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended November 12, 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-17 00:00:00 UTC ]
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Picador has acquired two books from writer Olivia Laing, including a first novel called Crudo about "finding love amidst the global chaos of the summer of 2017". Continue reading at The Bookseller
[ The Bookseller | 2017-11-14 00:00:00 UTC ]
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Oneworld’s Rock the Boat imprint has acquired world language rights for Jaco Jacobs’ A Good Night for Shooting Zombies, a middle grade novel that "tackles important issues with a big heart." Continue reading at The Bookseller
[ The Bookseller | 2017-11-11 00:00:00 UTC ]
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Octopus imprint Mitchell Beazley has acquired the first cookbook from Greek restaurant MAZI which will "present a collection of authentic Greek recipes with a modern twist". Continue reading at The Bookseller
[ The Bookseller | 2017-11-10 00:00:00 UTC ]
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Yellow Kite is publishing Swim Wild by Yorkshire-born brothers Jack, Calum and Robbie Hudson, known for their ambitious open water swimming. Continue reading at The Bookseller
[ The Bookseller | 2017-11-08 00:00:00 UTC ]
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