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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Infographic: What Digital Stats Can Tell Us About Mad Men, Game of Thrones and Daredevil

Between 1 million and 2 million people will watch the return of Mad Men on Sunday night, but based on digital buzz, it seems only die-hard fans and not newcomers will be tuning in. Digital research from publisher and social media agency Moviepilot predicts that showrunner Matthew Weiner's... Continue reading at AdWeek

[ AdWeek | 2015-04-04 00:00:00 UTC ]
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Mantle acquires Guskin début

Mantle has pre-empted a debut novel by Sharon Guskin. Associate publisher Sam Humphreys bought UK and Commonwealth rights to The Forgetting Time from Kerry Nordling for Flatiron Books. Amy Einhorn will publish for Flatiron in the US and Canada. Continue reading at The Bookseller

[ The Bookseller | 2015-04-03 00:00:00 UTC ]
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Why Facebook and Twitter shouldn’t be the only ones with native mobile video

Nikao Yang is the senior vice president of global marketing at Opera Mediaworks and senior vice president of business development and marketing. “Scrolling the feed” is the new flicking through TV channels with a remote. It’s the alternative to flipping the pages in a magazine. It’s even... Continue reading at Digiday

[ Digiday | 2015-04-02 00:00:00 UTC ]
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Guitar World Launches Lessons App, Boosting Mobile Video Strategy

By Ellen Harvey I t's difficult to discuss the future of the publishing business without at some point mentioning the words "mobile" and "video." Mobile devices have become the medium of choice for consuming... Continue reading at Publishing Executive

[ Publishing Executive | 2015-04-01 00:00:00 UTC ]
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Google Rolls Out New Tools to Drive Mobile App Installs

App-install ads continue to be a lucrative business for Facebook and Twitter, and now Google wants a bigger piece of the market. Today Google is rolling out two new tools aimed at making it easier for marketers to plug mobile apps. The first change is that advertisers can extend AdMob... Continue reading at AdWeek

[ AdWeek | 2015-03-31 00:00:00 UTC ]
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Pushkin acquires Dragt title

Pushkin Children’s Books has acquired another book by Tonke Dragt, author of The Letter for the King. Publisher Adam Freudenheim acquired world English rights to the book, which was first published in Dutch in 1966, from Luciënne van der Leije at publishing house Leopold.   Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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PRH acquires cookbook from Ottolenghi and Scully

Penguin Random House has acquired The NOPI Cookbook by Yotam Ottolenghi and Ramael Scully. The collection of more than 120 recipes from Ottolenghi and collaborator and NOPI head chef Scully will showcase the pair’s favourite recipes from the celebrated central London restaurant. Continue reading at The Bookseller

[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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A&B acquires second title by Stockwin

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[ The Bookseller | 2015-03-28 00:00:00 UTC ]
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Nielsen’s BookInsights: UK Publishers Sold £2.2 Billion in 2014

UK publishers sold £2.2 billion of books in 2004, with ebooks accounting for nearly half UK fiction sales—though print in other categories proved resilient. The post Nielsen’s BookInsights: UK Publishers Sold £2.2 Billion in 2014 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-27 00:00:00 UTC ]
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Handseller Gives Indies Mobile Option

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[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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Facebook to Help Mobile Apps Auction Off Their Ads Using Facebook Data

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[ Advertising Age | 2015-03-25 00:00:00 UTC ]
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Are publishers ready for Google’s ‘mobile-friendly’ rankings?

For its next algorithm change, Google is setting its sites on mobile. As the site's share of mobile searches approaches 50 percent, Google wants to crack down on sites with designs that are hostile to mobile screens. Google's fear is that if it links out to sites that don't work on mobile... Continue reading at Digiday

[ Digiday | 2015-03-25 00:00:00 UTC ]
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Scholastic acquires stake in UK's Make Believe Ideas

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[ The Bookseller | 2015-03-24 00:00:00 UTC ]
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Orion acquires 'meat-lover's bible'

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[ The Bookseller | 2015-03-21 00:00:00 UTC ]
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Patreon Acquires Subbable, John and Hank Green’s Crowdfunding Venture

Longterm subscription funding platform Patreon adds creators after acquiring Subbable, a similiar platform founded by the Green brothers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-19 00:00:00 UTC ]
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Bloomsbury Children’s acquires Vlohos title

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[ The Bookseller | 2015-03-17 00:00:00 UTC ]
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Canongate acquires non-fiction from Grenville

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[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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Orion acquires two from Fenwick

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[ The Bookseller | 2015-03-13 00:00:00 UTC ]
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Virago acquires Mackay memoir and backlist

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[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
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