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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If Jeff Bezos really wants make an impact, he should look to places where books aren't sold—but lent. Continue reading at Wired
[ Wired | 2017-08-09 00:00:00 UTC ]
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Among the books just snatched up in Hollywood are a nonfiction title by CNN anchor Jake Tapper, a not-yet-published book about the unheralded female rock stars of Silicon Valley, and a Spiegel & Grau-published novel about a woman who goes missing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-07 00:00:00 UTC ]
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Mark Millar is a well-known name in the world of comics, which is why today's announcement is such a big deal. Netflix has revealed that it's acquired Millarworld, Millar's comic book empire, and will be creating original movies and TV shows from the... Continue reading at Engadget
[ Engadget | 2017-08-07 00:00:00 UTC ]
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Among the books generating buzz this week are a Spanish mountaineer's memoir; a new romantic comedy co-written by 'Rosie Project' author Graeme Simsion; and a work by a French editor about trying to summit Mont Blanc. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-07 00:00:00 UTC ]
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Avery invests in "The Longevity Diet," Putnam splashes six figures on Lauren Kate’s adult debut, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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Ruth Ware’s third psychological thriller, 'The Lying Game,' debuts at #3 in Hardcover Fiction. Plus Joan Hess completes the final novel in Elizabeth Peters’s long-running Amelia Peabody series, and the first trailer for the big-screen adaptation of ‘Ready Player One’ boosts the book to the #9... Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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This week: a mother abandons her family with $40,000 in a backpack, plus what science says about UFOs, chemtrails, and aliens. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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Wildfires blazing across the south of France have forced the emergency evacuation of thousands of residents and tourists. The French authorities said they had moved to safety around 12,000 people — most of whom are vacationing on its Mediterranean coast in camping sites and holiday homes — as... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-07-27 00:00:00 UTC ]
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Connect Books saw a 12% year-on-year rise for the 45-week period to 15th July 2017, with strong sales in UK and Wordery offsetting weaker sales in libraries. Continue reading at The Bookseller
[ The Bookseller | 2017-07-25 00:00:00 UTC ]
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Laura Dassow Walls, author of the definitive biography 'Henry David Thoreau: A Life,' on why Thoreau still matters today. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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Facebook Wednesday introduced a way for publishers to compare the performance of their Instant Articles with that of the mobile web versions of the same content. The social network debuted its interactive, feature-rich, fast-loading Instant Articles in May 2015. Product manager Mona Sarantakos... Continue reading at AdWeek
[ AdWeek | 2017-07-20 00:00:00 UTC ]
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The season seven premiere of HBO’s adaptation skyrocketed George R.R. Martin’s ‘A Game of Thrones’ to #1 on the iBooks bestsellers list this week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-19 00:00:00 UTC ]
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Microsoft has quietly launched the Xbox Creators Program on Xbox One. Finding it and its wares on the Xbox Store may prove tough, however. Back in March, Microsoft said the self-publishing program would exist in its own subsection of the marketplace,... Continue reading at Engadget
[ Engadget | 2017-07-19 00:00:00 UTC ]
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The Calif.-based company, which is the exclusive wholesaler to Whole Foods, was acquired by industry veteran Christopher Robbins. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-18 00:00:00 UTC ]
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For any major news publisher, when a story breaks overnight in particular, focus is on how to bring the information to places people can access via mobile. The post How CNN told the story of London’s Grenfell Tower fire on mobile platforms appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-07-17 00:00:00 UTC ]
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There was no greater story line at the All-Star game than the rush to anoint Aaron Judge as the so-called face of baseball, replacing Mike Trout. Judge is Paul Bunyan in cleats, he hits baseballs to the moon, and he plays for the New York Yankees. Judge also is polite and respectful — just like... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-07-16 00:00:00 UTC ]
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Newspapers’ business models have been taking on water for years thanks to the rise of Google and online advertising, and they’re continuing to gradually sink as their readers find more of their news on Facebook. The social network and the omnipresent search engine steer some online traffic to... Continue reading at Slate
[ Slate | 2017-07-14 00:00:00 UTC ]
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Led by $590 million in sales of book-format graphic novels, the combined graphic novel and comics sales in North America grew 5% to $1.085 billion in 2016, according to a joint estimate by industry news sites Comichron and ICv2.com. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-14 00:00:00 UTC ]
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Credit: Illustration by Tam Nguyen/ Ad AgeIf you can't beat the system, game the system.Facebook has made it clear that it will prioritize and reward publishers who post video on the platform. But publishers lacking in video content need not wory, though: One new tactic involves posting static... Continue reading at Advertising Age
[ Advertising Age | 2017-07-08 00:00:00 UTC ]
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Transworld has acquired two high-concept thrillers, Zero and Helix, by German-language author Marc Elsberg. Continue reading at The Bookseller
[ The Bookseller | 2017-07-06 00:00:00 UTC ]
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