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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Icon acquires 'ground-breaking' book on masculinity

Icon Books has acquired Man Up: Surviving Modern Masculinity by journalist Jack Urwin, a book that explores the reason masculinity is “currently in crisis”. Tom Webber, commissioning editor at Icon Books, bought UK and Commonwealth rights from Juliet Pickering at Blake Friedmann to Man Up.... Continue reading at The Bookseller

[ The Bookseller | 2015-10-02 00:00:00 UTC ]
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To compete with Facebook and Google, publishers step up their ad-targeting game

Traditional publishers, tired of competing with Facebook and Google for digital ad dollars, are taking steps to get more personal with their advertising. Among the big topics discussed during Advertising Week was how media companies like News Corp and Condé Nast are getting into the ad tech... Continue reading at Digiday

[ Digiday | 2015-10-02 00:00:00 UTC ]
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New Android vulnerabilities put over 1 billion devices at risk of remote hacking

Newly discovered vulnerabilities in the way Android processes media files can allow attackers to compromise devices by tricking users into visiting maliciously-crafted Web pages. The vulnerabilities can lead to remote code execution on almost all devices that run Android, starting with version... Continue reading at PC World

[ PC World | 2015-10-01 00:00:00 UTC ]
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Picador acquires New York tale of murder, sex and obsession

Inspired by a true crime story, Little Deaths by Emma Flint tells the tale of Ruth Malone, a recently divorced cocktail hostess, who wakes one morning to discover her children are missing. Continue reading at The Bookseller

[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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HarperCollins acquires youngest-ever GBBO star's cookbook

HarperCollins has acquired Twist, the first cookbook from The Great British Bake Off’s youngest ever contestant, Martha Collison.  Publisher Grace Cheetham acquired world rights from Claudia Young at Greene & Heaton. Martha Collison contended in the 2014 series of GBBO - progressing to the... Continue reading at The Bookseller

[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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Banned New Zealand YA Novel Acquired By U.S. Publisher

Ted Dawe's 'Into the River,' which earlier this month became the first book in over two decades to be banned in New Zealand, has been acquired by Jason Pinter at Polis Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-29 00:00:00 UTC ]
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Nexstar Makes Unsolicited $4.1 Billion Offer for Media General

Not so fast, Meredith Corp. Three weeks after the magazine publisher and TV station owner Media General Inc. announced  a $2.4 billion merger, Nexstar Broadcasting Group Inc. has swooped in with an unsolicited offer for Media General. Nexstar's proposal sweetens the deal for Media General... Continue reading at AdWeek

[ AdWeek | 2015-09-28 00:00:00 UTC ]
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Granta acquires new China history novel

Granta Books has acquired “exquisitely written” novel about China’s “revolutionary” history by Madeleine Thien. Editorial director Bella Lacey acquired UK & Commonwealth rights excluding Canada to Do Not Say We Have Nothing from Sarah Chalfant at the Wylie Agency. Continue reading at The Bookseller

[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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Sarkar launches mobile publisher Juggernaut

The former publisher of Penguin India, Chiki Sarkar, has founded her own publishing company, Juggernaut. Sarkar left Penguin Random House India in April this year and Juggernaut’s first 25 titles will be released in April next year. The company will publish in physical and digital, but with an... Continue reading at The Bookseller

[ The Bookseller | 2015-09-24 00:00:00 UTC ]
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When Acquiring Debut Authors, Ask If They Can Compete

Lauren Parsons of Legend Press says that when acquiring a debut author for a UK list, one needs to believe the book can compete with the established brands. The post When Acquiring Debut Authors, Ask If They Can Compete appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-09-24 00:00:00 UTC ]
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Walker acquires Jeffers and Winston title

The Walker Books Group has acquired a picture book written and illustrated by Oliver Jeffers and artist Sam Winston.   The picture book, entitled A Child of Books, is about a little girl who sails her raft “across a sea of words” to arrive at the house of a small boy. There she invites him to... Continue reading at The Bookseller

[ The Bookseller | 2015-09-19 00:00:00 UTC ]
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Mobile Ad Blockers Have Already Become the App Store's Top Downloads

COLOGNE, Germany—Apple's support of ad-blocking in its iOS9 software has caused plenty of hand-wringing for U.S. publishers and ad-tech companies, and it appears they had good reason to worry. As of today, three of the Apple App Store's top paid apps in the U.S. are ad blockers, including the... Continue reading at AdWeek

[ AdWeek | 2015-09-18 00:00:00 UTC ]
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Picador acquires 'deeply personal' McCrum book

Picador has acquired a "deeply personal narrative" by Observer writer and former Faber & Faber editor-in-chief, Robert McCrum. Sophie Jonathan, editor at Picador, bought UK and Commonwealth rights to Every Third Thought: Observations on the Inevitable End-Game from Jonathan Lloyd at Curtis... Continue reading at The Bookseller

[ The Bookseller | 2015-09-17 00:00:00 UTC ]
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Pew Survey: Traditional Library Visits Dip; Mobile Access Surges

According to a Pew survey released today, of those who have used a public library website in the past year, 50% accessed it using a mobile device, up from 39% in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-15 00:00:00 UTC ]
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SuperAwesome acquires PopJam

Digital platform SuperAwesome has acquired PopJam, a social network for children, from Mind Candy, for an undisclosed sum. PopJam is a mobile-only social platform where children can share content, often pictures, and take part in games and competitions. It also features book excerpts provided... Continue reading at The Bookseller

[ The Bookseller | 2015-09-15 00:00:00 UTC ]
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Quarto Gets Into Custom Cookbook Game

Over the past three years, Quarto Publishing Group has channeled efforts to growing its cookbook catalogue, tripling its list from 35 cookbooks to more than 100, all while adding a personalized cookbook program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-14 00:00:00 UTC ]
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Game of Thrones : 'Zombie' George R.R. Martin signs book from beyond the grave

Game of Thrones fans can rest assured that even the impending zombie apocalypse won't stop George R.R. Martin from delivering eagerly awaited future instalments of the book series. Continue reading at Stuff

[ Stuff | 2015-09-12 00:00:00 UTC ]
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This Week in Children's Apps: September 7, 2015

This week in children's apps features an interactive storybook in which Little Critter helps a puppy find a home. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-10 00:00:00 UTC ]
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Quercus acquires The Soup Cleanse diet book

Quercus has acquired a “major” new diet book. Ione Walder bought UK and Commonwealth rights, excluding Canada, to The Soup Cleanse by Angela Blatteis and Vivienne Vella from Nicole Bond at Grand Central Publishing in the US. Continue reading at The Bookseller

[ The Bookseller | 2015-09-08 00:00:00 UTC ]
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Apple's New Ad Blockers Threaten to Remove Publishers' Mobile Ads

When Apple unveils its new iPhone and iOS 9 operating system this week, it could also drop a bomb on publishers, introducing ad-blocking technology that threatens to impact the revenue they make from smartphones. Ad blockers have been available on desktop browsers for years, but analysts say... Continue reading at AdWeek

[ AdWeek | 2015-09-08 00:00:00 UTC ]
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