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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Chicago Review Press, Inc., the parent company of Chicago Review Press and Independent Publishers Group, is acquiring Parenting Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-19 00:00:00 UTC ]
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In 2015 the 28 countries that are members of the EU generated €22.3 billion ($23.36 billion) in total annual sales, according to a new report by the Federation of European Publishers (FEP) issued last week. The number is up slightly from 2014, when total revenue was €22 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-15 00:00:00 UTC ]
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Ten years ago, publishers all piled into games as an easy way to increase their digital revenues. Five years ago, a number of them experimented with them as storytelling tools, using games to get their readers to think about the news in a novel way. Today, everyone from Hearst to the Washington... Continue reading at Digiday
[ Digiday | 2016-12-15 00:00:00 UTC ]
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Independent publisher Troika Books has bought a YA novel about Hitler’s attempted extermination of the Roma and Sinti people. Continue reading at The Bookseller
[ The Bookseller | 2016-12-15 00:00:00 UTC ]
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Bloomsbury Children’s is launching a new app to accompany the release of the Spy Toys series, written by Mark Powers and illustrated by Tim Wesson. Continue reading at The Bookseller
[ The Bookseller | 2016-12-14 00:00:00 UTC ]
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A tragicomic French novel about dementia and a Finnish novel about the hardships endured by Ingrians during WWII are among the books picking up sales internationally this month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-13 00:00:00 UTC ]
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A downtown bookstore opens in New York; a bookstore reopens in Canada; booksellers turning to bookselling as a second career help revitalize the business; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-12 00:00:00 UTC ]
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Pulitzer winner’s memoir goes to Norton, Gallery 13 buys epilepsy graphic novel, Berkley signs debut novel by journalist Francesca Hornak, and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-09 00:00:00 UTC ]
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This week: a deadly pathogen that threatens to cause a pandemic, plus a debut novel that combines weird fiction with psychological suspense. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-09 00:00:00 UTC ]
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The author otherwise known as Lorelei Gilmore has the #8 book in the country with ‘Talking as Fast as I Can.’ Plus ‘The Instant Pot Electric Pressure Cooker Cookbook’ and other titles heat up after Cyber Monday, an unauthorized book of Pokémon Go fan fiction debuts in trade paper, and much more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-09 00:00:00 UTC ]
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Del Rey has acquired The Last Dog on Earth, the first of a two book deal from Adrian J Walker, author of The End of the World Running Club ,featured in Simon Mayo’s Radio 2 Book Club. Continue reading at The Bookseller
[ The Bookseller | 2016-12-09 00:00:00 UTC ]
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Hodder & Stoughton has acquired four books by American author Renée Ahdieh, two of which reimagine the legend of Scheherazade. Continue reading at The Bookseller
[ The Bookseller | 2016-12-08 00:00:00 UTC ]
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Sales in John Wiley's newly-created publishing segment fell 7% in the second quarter ended October 31, 2016 compared to a year ago. Book sales fell 9% in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-07 00:00:00 UTC ]
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Sphere has acquired The Ruin by debut author Dervla McTiernan in a two-book deal with Curtis Brown. Continue reading at The Bookseller
[ The Bookseller | 2016-12-06 00:00:00 UTC ]
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As tech giants continue their push to speed up load times for advertising and publishers across the mobile web, early numbers from one of them seem to show that faster ads really do work better. According to research released today by Google and Teads, the video tech company, mobile publishers... Continue reading at AdWeek
[ AdWeek | 2016-12-03 00:00:00 UTC ]
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The BBC has joined the growing throng of publishers to embrace vertical video on its mobile apps. And it plans to monetize its international app with vertical video ads. The format, made popular due to Snapchat, is becoming a larger part of other publisher video plans including The Sun, Mail... Continue reading at Digiday
[ Digiday | 2016-12-01 00:00:00 UTC ]
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In quick expansion, the Russian ebook subscription service Bookmate started life as an e-reader producer, and evolved into a subscription service. The post Russia’s Bookmate Subscription: 12 Languages and Growing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-12-01 00:00:00 UTC ]
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Riverhead Books has acquired U.S. rights to 'Into the Water,' the next novel from Paula Hawkins, whose 'The Girl on the Train' has sold more than 6 million copies in the U.S. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-29 00:00:00 UTC ]
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Industry veteran Frank Cooper is leaving BuzzFeed, where he has been CMO for the past 17 months. In marketing circles, Cooper has been seen as a key conduit between the digital publisher and advertisers because of his brand experience. He quit his post as PepsiCo's chief marketer in June 2015... Continue reading at AdWeek
[ AdWeek | 2016-11-29 00:00:00 UTC ]
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Gollancz has acquired High Stakes, the 23rd book in the Wild Card series, a long-running sci-fi and superhero series co-edited by bestselling author George R R Martin and Melinda M Snodgrass. Continue reading at The Bookseller
[ The Bookseller | 2016-11-23 00:00:00 UTC ]
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