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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To sell online, indie publishers must use Amazon. But its methods leave them out of pocket – or out of sight, paying hidden charges, says the founder of Linen Press Indie publishers need transparency and support from online companies that sell their books. Amazon fails such publishers on both... Continue reading at The Guardian
[ The Guardian | 2015-02-02 00:00:00 UTC ]
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Oneworld has bought a book looking at the “expanding billion dollar industry” of hair. Senior commissioning editor Sam Carter acquired world rights to Entanglement: The Secret Lives of Hair by Emma Tarlo, Professor of Anthropology at Goldsmiths, from Emily Sweet Associates. The book “recounts... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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Hodder & Stoughton has acquired a “brave new perspective on feminism, fashion and the righteous pursuit of a sexy vibe” by journalist Polly Vernon. In Hot Feminist, Vernon draws on "her own experiences of how ideas of womanliness and feminism are endlessly manipulated both in the media and... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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Simon & Schuster Children’s Books has acquired Zeroes, the first in a new YA trilogy about teenagers with superpowers. The Zeroes are six teenagers, all born in the year 2000, who live in Cambria, California. Their abilities make them anything but heroes – until a high stakes crisis... Continue reading at The Bookseller
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
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For the full year, sales increased 20% to $88.99 billion at Amazon, but the company had a net loss in the year of $241 million compared with net income of $274 million in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-29 00:00:00 UTC ]
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Organizers of the Jaipur BookMark estimate the Indian book market is worth $20 billion, while noting that ebook sales were down 20% this past year. The post Jaipur BookMark Estimates Indian Publishing Worth $20 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-01-27 00:00:00 UTC ]
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In five short years mobile readership has grown from below 20 percent of the U.K. total digital publishing audience to nearly 50 percent for many publishers today, as several of them reported to Digiday last year. As ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-01-26 00:00:00 UTC ]
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Chicken House has acquired Moth and the Nightingale, a middle-grade children’s novel from debut author Lucinda Martin. The book, described as a “subtle and surprisingly modern interpretation of the lonely, bookish child”, tells the story of Henry, a young girl whose life changes when she meets... Continue reading at The Bookseller
[ The Bookseller | 2015-01-23 00:00:00 UTC ]
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Oneworld has signed a debut novel set in the behind-the-scenes world of New York's restaurants. Sweetbitter, by Stephanie Danler, follows Tess, who arrives in New York and soon finds herself working at one the city's landmark restaurants. While learning to enjoy the food and other substances... Continue reading at The Bookseller
[ The Bookseller | 2015-01-17 00:00:00 UTC ]
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Martin Pistorius was believed to be in a 'vegetative state' for 12 years, only to wake up and inform his caretakers he had been conscious. His triumph over adversity is captured in his memoir. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-01-15 00:00:00 UTC ]
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The University of British Columbia Library has acquired two rare, 19th-century novels that scholars believe may have been written by Oscar Wilde. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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ReedPOP, which organizes the New York Comic Con, has acquired Emerald City Comicon, a fast growing pop culture convention based in Seattle, Washington. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-14 00:00:00 UTC ]
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Egmont has acquired Mel Foster and the Demon Butler, a middle grade adventure story set in Victorian London, by Julia Golding. Fiction publisher Stella Paskins acquired the world English rights from Caroline Walsh at David Higham Associates. The book, which is about an orphan who takes on... Continue reading at The Bookseller
[ The Bookseller | 2015-01-10 00:00:00 UTC ]
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Pegasus nabs backlist Korean bestseller and more in this week's notable book deals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-09 00:00:00 UTC ]
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This week: the true story of murder in a 19th-century convent, plus "The Shining" meets "The Abyss." Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-09 00:00:00 UTC ]
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Authors Guild drops Hathi-Trust Case and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-09 00:00:00 UTC ]
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Satirical magazine’s journalists and cartoonists were killed in attack that also claimed lives of two police officers and a maintenance workerCharlie Hebdo attack: follow the latest developmentsCharbonnier had been editor of Charlie Hebdo since 2009 and led the paper’s charge against the taboo... Continue reading at The Guardian
[ The Guardian | 2015-01-08 00:00:00 UTC ]
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In a major acquisition in the comics marketplace, IDW Publishing has acquired Top Shelf Productions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-06 00:00:00 UTC ]
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Microsoft's history books will undoubtedly remember 2014 as the year of Satya Nadella. But Steve Ballmer, his predecessor, is the one reaping the majority of the benefits of the new CEO's popularity. Sure, Nadella hit a $90 million jackpot when we took the top job at the world's second most... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2015-01-03 00:00:00 UTC ]
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Fueled by new ad formats and acquisitions from Facebook, Twitter and brands, mobile marketing finally began to step up to its potential this year. From messaging and video to ultra-targeted ads and simplified shopping, smartphones and tablets became a major focus for most digital brands players... Continue reading at AdWeek
[ AdWeek | 2014-12-30 00:00:00 UTC ]
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