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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When Paul Allor began writing Clue, a new comic book miniseries based on the popular board game from Hasbro, he had many versions of the game to look to for inspiration. Continue reading at Stuff
[ Stuff | 2017-07-02 00:00:00 UTC ]
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Bonnier Zaffre imprint Hot Key Books has acquired a “romantic and relevant” debut Love, Hate & Other Filters, by Samira Ahmed, about being a Muslim American teen. Continue reading at The Bookseller
[ The Bookseller | 2017-07-01 00:00:00 UTC ]
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"Sex and the City" actress Sarah Jessica Parker has acquired the first book for her new Hogarth-based imprint - a debut about an Indian Muslim family in California, by Fatima Mirza. Continue reading at The Bookseller
[ The Bookseller | 2017-07-01 00:00:00 UTC ]
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Al Franken's humor is back at full strength in his new book, which is a memoir of the former 'Saturday Night Live' writer's journey to the NBC institution and his more recent time in politics. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-06-30 00:00:00 UTC ]
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Facebook Wednesday introduced an ad format for its Facebook Audience Network mobile ad network designed specifically for game publishers. The social network said in a blog post that McKinsey projects ad spending by the gaming sector to reach $6.9 billion by 2019, adding that research from game... Continue reading at AdWeek
[ AdWeek | 2017-06-28 00:00:00 UTC ]
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Harvill Secker has pre-empted Star of the North by D B John, an international thriller moving between the US and North Korea. Continue reading at The Bookseller
[ The Bookseller | 2017-06-27 00:00:00 UTC ]
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Three months removed from the Us Weekly deal, the National Enquirer publisher makes another purchase. The post AMI Acquires Men’s Journal from Wenner Media appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-06-23 00:00:00 UTC ]
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Look, it isn't exactly a pleasant topic, but we all need to use the potty (toilet, loo, etc.). As much as we humans want to think we are somehow above the rest of the animals on Earth, we have to pee and poop just like bears, dogs, and other creatures. It is nothing to be ashamed of. In fact,... Continue reading at Betanews
[ Betanews | 2017-06-21 00:00:00 UTC ]
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The Book People has acquired gift company Qwerkity, heralding its “natural” expansion into the gift market. Continue reading at The Bookseller
[ The Bookseller | 2017-06-13 00:00:00 UTC ]
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A Swedish novel about an elderly woman generates a series of preempts; a German debut attracts the Americans and Brits, among others; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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FoxNext, the newly formed gaming and virtual reality division of 21st Century Fox, has promoted Rick Phillips to president of FoxNext Games, overseeing publishing and licensing for the unit. Phillips previously oversaw Fox’s game licensing across mobile, console, PC, social and online... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2017-06-09 00:00:00 UTC ]
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The brand comes as part of a newspaper-consolidation deal in Connecticut. The post Hearst Acquires Connecticut Magazine appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-06-09 00:00:00 UTC ]
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Books by Nora Roberts, Chelsea Clinton, and Al Franken debut among the top 10 titles in the country. Plus a tweet from Bill Gates sends print unit sales of 2011’s ‘The Better Angels of Our Nature’ soaring, and David Sedaris opens up his diaries to the public. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-09 00:00:00 UTC ]
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Berkley signs British bestseller Clare Mackintosh for two more, one of the creators of the Pussyhat Project goes to Grand Central, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-09 00:00:00 UTC ]
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The publisher has acquired Out of Print, which produces and retails literary-themed apparel, accessories, and home goods. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
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The new indie coming to Washington state; a Toronto store gets erotic; a Swedish chain changes hands; the best fictional bookstores; Seattle's secret bookshop; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
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Washington Nationals star Bryce Harper agreed to drop his appeal of a four-game suspension and had one game shaved from the punishment. Harper reached the agreement Wednesday with Major League Baseball and begin serving the suspension immediately. The punishment stemmed from a bench-clearing... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-06-01 00:00:00 UTC ]
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Arcadia Publishing and The History Press, publishers of books on local and regional history and interests, have acquired Palmetto Publishing Group and launched a new "hybrid" imprint, Vertel. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-05-26 00:00:00 UTC ]
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HQ publishing director Kate Mills has bought UK and Commonwealth rights in US debut novel It’s Always the Husband by Michele Campbell. Continue reading at The Bookseller
[ The Bookseller | 2017-05-20 00:00:00 UTC ]
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