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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Two dozen Chicagoland independent bookstores are mobilizing the Windy City area's literary community by forming the Chicago Independent Bookstore Alliance, raising the visibility of Chicagoland's indies both in the region and on social media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-22 00:00:00 UTC ]
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Picador has acquired Ponti by Sharlene Teo, winner of the inaugural Deborah Rogers Writers’ Award for an unpublished writer, after a seven-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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Major comics publishers such as Dark Horse and Fantagraphics call the region home. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-18 00:00:00 UTC ]
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Fleet has acquired a debut novel The First Day, introducing its author, filmmaker Phil Harrison, as a "major new voice". Continue reading at The Bookseller
[ The Bookseller | 2016-11-17 00:00:00 UTC ]
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The latest from around the publishing world. The post Industry Notes: Omeda, Lytics Team Up | Emerald Acquires RFID Journal appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-11-17 00:00:00 UTC ]
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If Google's research is correct, more than half of all smartphone users give up trying to load mobile websites if it takes longer than three seconds. Because of that, Google is moving forward with several beta offerings to help publishers and advertisers make their mobile formats more... Continue reading at AdWeek
[ AdWeek | 2016-11-15 00:00:00 UTC ]
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Simon & Schuster will acquire Adams Media, a nonfiction-focused publisher based in Avon, Mass., from F+W Media. Adams will become an S&S imprint and remain under the direction of Karen Cooper. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-15 00:00:00 UTC ]
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Walker Books has bought world rights to a middle-grade fantasy trilogy from Irish author Celine Kiernan. Continue reading at The Bookseller
[ The Bookseller | 2016-11-15 00:00:00 UTC ]
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Maze, the digital-first imprint of Avon, HarperCollins, has acquired a "'Love Actually'-style interlinked romance novel" by debut author Tracy Corbett, as part of its programme to launch fresh talent. Continue reading at The Bookseller
[ The Bookseller | 2016-11-12 00:00:00 UTC ]
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The 12.9% gain in the quarter at HBG USA excludes results from the Perseus publishing group, which Hachette bought in March. HBG CEO Michael Piestsch said the purchase had a "sizable" and "positive" impact on the house's top line. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-10 00:00:00 UTC ]
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Bonnier Zaffre has acquired all publishing and broadcasting rights to The Mayfly, an “electrifying" debut by James Hazel. Continue reading at The Bookseller
[ The Bookseller | 2016-11-08 00:00:00 UTC ]
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An Italian gift book offering happiness advice from a cat draws European interest along with a French novel that just picked up a prestigious literary award. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-08 00:00:00 UTC ]
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Faber has signed an "electrifying" literary novel by Leila Slimani, which was awarded French literary prize, the Prix Goncourt. Continue reading at The Bookseller
[ The Bookseller | 2016-11-05 00:00:00 UTC ]
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Paul Beatty’s ‘The Sellout’ gets a Booker boost and debuts on our Trade Paperback list. Plus Ina Garten and Anthony Bourdain lead the pack of new cookbook releases, adult coloring books stage a comeback, and much more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-04 00:00:00 UTC ]
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In what may very well go down in the books as the single greatest Game 7 in World Series history, the Chicago Cubs on Wednesday night exorcised a 108-year-old demon in front of the largest national TV audience to tune in to a baseball game in 25 years.According to Nielsen live-plus-same-day... Continue reading at Advertising Age
[ Advertising Age | 2016-11-04 00:00:00 UTC ]
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This week: an epic whodunit that spans decades, and the true story of the American forgers who nearly broke the Bank of England. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-04 00:00:00 UTC ]
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HarperCollins Children’s Books will next year publish a further new Paddington Bear story by Michael Bond. Continue reading at The Bookseller
[ The Bookseller | 2016-10-26 00:00:00 UTC ]
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The publisher dives deeper into information and data with latest purchase. The post Hearst Acquires Aviation Service CAMP appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-10-26 00:00:00 UTC ]
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Viking has acquired The Real Pet Detective from retired policeman turned missing pet investigator Tom Watkins. Continue reading at The Bookseller
[ The Bookseller | 2016-10-22 00:00:00 UTC ]
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