Take-Two is acquiring mobile game giant Zynga for $12.7 billion

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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PRH Releases ‘Game of Thrones’ Enhanced E-Book

To mark the 20th anniversary of the release of the first book in George R.R. Martin's Song of Fire and Ice series, 'A Game of Thrones,' Penguin Random House has released an enhanced ebook edition of the title featuring additional content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-29 00:00:00 UTC ]
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George RR Martin and Apple announce interactive Game of Thrones books collaboration

A Game of Thrones: Enhanced Edition, available through Apple from Thursday, promises ‘a world of additional content’ including sigils, family trees and glossariesGeorge RR Martin has hailed “an amazing next step in the world of books” as he announced publication of a new digital edition of A... Continue reading at The Guardian

[ The Guardian | 2016-09-29 00:00:00 UTC ]
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'Game of Thrones' ebooks make it easier to keep up with the action

To properly celebrate the 20th anniversary of George R. R. Martin's best-selling A Game of Thrones, there's a new iBooks edition of the series that offers features to help you keep up with all of the action. The first installment is officially called... Continue reading at Engadget

[ Engadget | 2016-09-29 00:00:00 UTC ]
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Hodder acquires two Sarah Lotz thrillers

Hodder & Stoughton has acquired two new books from Sarah Lotz, author of thriller The Three (Hodder). Continue reading at The Bookseller

[ The Bookseller | 2016-09-24 00:00:00 UTC ]
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Pan Macmillan acquires journalist's memoir of coercive abuse

Pan Macmillan has acquired a memoir of coercive abuse by Helen Walmsley-Johnson, a Guardian commentator and author of The Invisible Woman (Icon Books). Continue reading at The Bookseller

[ The Bookseller | 2016-09-24 00:00:00 UTC ]
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Why Publishers Must Go Mobile

Book purchases are increasingly done on mobile platforms, and most people who read ebooks prefer to do so on tablets or smart phones. There's a big opportunity for publishers here. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-23 00:00:00 UTC ]
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Priscilla Chan and Mark Zuckerberg pledge $3 billion to fight diseases

After investing millions of dollars in education and opening their own private K-12 school this year, pediatrician Priscilla Chan and her Facebook-founding husband, Mark Zuckerberg, announced Wednesday that they will invest $3 billion over the next decade to fight diseases. The funds will come... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-09-22 00:00:00 UTC ]
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Game Developer Ubisoft Launches Book Line

The creator of the wildly popular Assassin's Creed franchise is launching an in-house publishing line that will debut in November with two titles based on the action-adventure game. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-22 00:00:00 UTC ]
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Penguin Ireland acquires two new novels by Liz Nugent

Penguin Ireland has acquired two novels from Liz Nugent, author of psychological thrillers Unravelling Oliver and Lying in Wait (Penguin Ireland). Continue reading at The Bookseller

[ The Bookseller | 2016-09-17 00:00:00 UTC ]
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Transworld acquires 'epic' Lancelot novel from Kristian

Transworld has acquired an Arthurian legend novel, Lancelot: The Betrayal, from Giles Kristian. Continue reading at The Bookseller

[ The Bookseller | 2016-09-17 00:00:00 UTC ]
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Papego: Bridging the Gap between Mobile and Print

Papego is an app currently drawing attention in Germany from readers, publishers, and booksellers because it allows a reader an easy way to keep reading digitally or in print. The post Papego: Bridging the Gap between Mobile and Print appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-09-16 00:00:00 UTC ]
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U.K.'s Informa Agrees to Buy Aviation Week Publisher Penton for $1.6 Billion

Informa, the U.K.-based business information provider, has agreed to buy Penton Information Services for 1.18 billion pounds ($1.6 billion) to add exhibitions and professional services in the U.S.The company will fund the purchase through new debt and equity, according to a statement Thursday.... Continue reading at Advertising Age

[ Advertising Age | 2016-09-15 00:00:00 UTC ]
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How Forbes got readers to double the time spent per post on mobile

For most news publishers, their audiences increasingly prefer visiting them on mobile devices. Forbes faced this problem acutely, with half its audience coming to it on mobile devices. So it created card-like formats to replace text-based stories. The financial news publisher said its new... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
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Facebook food giant Tastemade is getting into virtual reality

Tastemade is a food video giant. And yet, the publisher wants to be known for more than its recipe videos. It’s one of the reasons behind “A Perfect Day in Los Angeles,” the company’s first VR film, which features Ryan Seacrest, Conan O’Brien and social influencers providing a tour of the city.... Continue reading at Digiday

[ Digiday | 2016-09-14 00:00:00 UTC ]
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Bibliomotion Acquired by Taylor & Francis

Although there has been no official announcement from Taylor & Francis, it has absorbed the Boston-based business and parenting press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-14 00:00:00 UTC ]
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International Hot Book Properties, Week of September 12, 2016

Among the titles heating up abroad are a Swedish thriller set in Russia and a Korean novel about masterminds who invent assassination plots for the government. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-13 00:00:00 UTC ]
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Bookstore News: September 12, 2016

New stores open in Michigan, Massachusetts, and Kansas; a nonprofit preps a bookstore/literary center in North Carolina; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-12 00:00:00 UTC ]
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Book Deals: Week of September 12, 2016

Nick Cannon, director and star of the forthcoming film King of the Dancehall, sells a tie-in novel to St. Martin’s; Bloomsbury USA picks up two titles from a former Booker finalist; and Berkley’s Kerry Donovan signs two two-book deals for six figures each in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
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PW Picks: Books of the Week, September 12, 2016

This week: Ian McEwan's new novel, which is narrated by an unborn baby, plus novels from Ann Patchett and Alan Moore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
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This Week's Bestsellers: September 12, 2016

Canadian author Louise Penny has the #3 book in the country with ‘A Great Reckoning,’ her 12th Inspector Gamache mystery. Plus ’The Nix’ lands at #9 in Hardcover Fiction—and lands a TV deal—John Lewis’s civil rights era graphic memoir concludes with ‘March: Book Three,’ and much more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
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