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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George R R Martin has confirmed he is working on four Game of Thrones prequel scripts with HBO, which will be new stories set in a "secondary universe". Continue reading at The Bookseller
[ The Bookseller | 2017-05-17 00:00:00 UTC ]
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Jonathan Cape has acquired The Hungover Games, a memoir by journalist Sophie Heawood about life as a single mother, following a "fierce" auction. Continue reading at The Bookseller
[ The Bookseller | 2017-05-13 00:00:00 UTC ]
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Bonnier Zaffre has acquired two women’s fiction titles from debut author Asia Mackay, who was a runner-up in the Richard & Judy "Search for a Bestseller" competition. Continue reading at The Bookseller
[ The Bookseller | 2017-05-13 00:00:00 UTC ]
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Trapeze has acquired a high-energy graphic novel from YouTuber Deji Olatunji, aka ComedyShortsGamer, about a Kung Fu hero who saves the world. Continue reading at The Bookseller
[ The Bookseller | 2017-05-13 00:00:00 UTC ]
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The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended May 7, 2017. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-05-12 00:00:00 UTC ]
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Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m. Continue reading at The Bookseller
[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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The Houston-based energy industry publisher makes its first major move since last year's management buyout. The post Gulf Publishing Co. Acquires Century-Old Oildom Publishing appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-05-03 00:00:00 UTC ]
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Little, Brown imprint Sphere has acquired The Inaugural Meeting of the Fairvale Ladies Book Club by Sophie Green from Hachette Australia. Continue reading at The Bookseller
[ The Bookseller | 2017-04-27 00:00:00 UTC ]
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Oneworld has acquired The Baghdad Clock by Iraqi author Shahad al Rawi, originally published in Arabic by Dar al-Hikma in 2016. Continue reading at The Bookseller
[ The Bookseller | 2017-04-26 00:00:00 UTC ]
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Boston Red Sox pitcher Matt Barnes has been suspended four games and fined for throwing a fastball past the head of Baltimore star Manny Machado. The commissioner’s office issued the penalty Monday. The Red Sox are off and Barnes is appealing, meaning the reliever can continue to pitch until the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-04-25 00:00:00 UTC ]
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Microsoft’s Windows 10 Mobile Creators Update rides the coattails of the desktop OS, heavily leaning on improvements in Cortana and Edge to nudge Microsoft’s nearly comatose mobile platform further ahead.As the free upgrade rolls out Tuesday, our review of the Creators Update can't help but... Continue reading at PC World
[ PC World | 2017-04-25 00:00:00 UTC ]
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Canelo has acquired three original novels in a new series by author A L Michael. Continue reading at The Bookseller
[ The Bookseller | 2017-04-21 00:00:00 UTC ]
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Endeavour Press has acquired worldwide English language print and digital rights for Saul David’s non-fiction work After Dunkirk, a revised and updated edition of his "ground-breaking" Churchill’s Sacrifice of the Highland Division (Brassey's). Continue reading at The Bookseller
[ The Bookseller | 2017-04-20 00:00:00 UTC ]
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Penguin Random House has acquired publisher Ediciones B to become part of its Penguin Random House Grupo Editorial division in Spain and Latin America to help it grow in the "strategically important" Spanish-speaking markets. Continue reading at The Bookseller
[ The Bookseller | 2017-04-08 00:00:00 UTC ]
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The biggest of the Big Five widens its footprint in Spanish-language markets with the Ediciones B group, expanding PRH Grupo Editorial. The post Penguin Random House Grupo Editorial Is Acquiring Spain’s Ediciones B appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-04-07 00:00:00 UTC ]
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Kobo has acquired the technology platform and staff of Shelfie, a now defunct service that offered consumers the ability to get free or discounted ebook editions of print titles that they already owned. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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Rakuten Kobo has acquired Shelfie, a service which enables customers to get free or discounted ebook versions of their print books. Continue reading at The Bookseller
[ The Bookseller | 2017-04-07 00:00:00 UTC ]
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I feel very conflicted about Bulletstorm: Full Clip Edition, a.k.a. Bulletstorm: Remastered. Not so much about the game itself—People Can Fly’s shooter is unabashedly dumb, but in a fun “We did this on purpose” way that mostly works. And the Skill Shot system (more on that later) is still... Continue reading at PC World
[ PC World | 2017-04-06 00:00:00 UTC ]
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Hodder & Stoughton has acquired two new novels from women’s fiction writer Katie Marsh. Continue reading at The Bookseller
[ The Bookseller | 2017-04-06 00:00:00 UTC ]
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Rakuten Kobo will use Shelfie's tech to identify reader preferences for recommendations and to offer ebook editions of print books owned by users. The post Canadian Retail: Rakuten Kobo Acquires Shelfie Technology appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-04-05 00:00:00 UTC ]
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