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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Random House Children's Books has acquired Now I’m Reading! a step-by-step series that guides beginning readers through to independent reading. The post Random House Kids Acquires Now I’m Reading! Platform appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-11-12 00:00:00 UTC ]
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Buddhist poet Gary Snyder in conversation; Eben Alexander returns to the subject of heaven. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-12 00:00:00 UTC ]
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Entertainment company Lionsgate is teaming with Dutch media company Imagine Nation and US based Triangular Entertainment to adapt Suzanne Collins’ The Hunger Games series (Scholastic) for the stage. Continue reading at The Bookseller
[ The Bookseller | 2014-11-08 00:00:00 UTC ]
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Kim Zetter, author of 'Countdown to Zero Day' (Crown, 9780770436179) will appear on 'Marketplace' on Monday, November 10. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-07 00:00:00 UTC ]
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Washington, D.C., is on its way to becoming capital booktown. It got its first new bookstore in a decade this week, Upshur Street Books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-07 00:00:00 UTC ]
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The internet powerhouses are using their billions to challenge in sectors far removed from their original business modelsThe webs biggest consumer companies make the bulk of their incomes, and have built up vast assets, from targeted advertising. It accounts for around 90% of Facebooks revenue... Continue reading at The Guardian
[ The Guardian | 2014-11-02 00:00:00 UTC ]
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Cheltenham Literature Festival had a “record-breaking” 2014, with almost 140,000 tickets sold, up 7% from the year before. People from all bar three UK postcodes attended the festival, and both Saturdays of the 10-day event saw more than 20,000 in attendance. Meanwhile Waterstones, the... Continue reading at The Bookseller
[ The Bookseller | 2014-11-01 00:00:00 UTC ]
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'Mockingjay' is an adaptation of part of the final book in Suzanne Collins's trilogy. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-11-01 00:00:00 UTC ]
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Bonnier Publishing has acquired Igloo Books, saying the acquisition makes the publisher a "dominant force" in children's mass market publishing. Continue reading at The Bookseller
[ The Bookseller | 2014-11-01 00:00:00 UTC ]
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U.K.-based Bonnier Publishing has acquired Igloo Books in a deal that will make Bonnier one of the five largest children’s publishers in the U.K. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-31 00:00:00 UTC ]
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Hodder & Stoughton has acquired The Catalyst, the first novel in a fantasy crossover series from 15-year-old debut author Helena Coggan. The book, which Coggan started writing when she was just 13, is about teenager Rose Elmsworth, who lives in a world divided into the Gifted (who have... Continue reading at The Bookseller
[ The Bookseller | 2014-10-30 00:00:00 UTC ]
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Digital income climbs 19.5% as regional newspaper publisher reports it is taking first Sky AdSmart local TV ad bookings Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-10-29 00:00:00 UTC ]
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Angry Robot has made its first acquisition since the company was sold off from the Osprey Group. World English rights were signed in two books by Alyc Helms in a deal from Lindsay Ribar and Stefanie Diaz at Greenburger Associates and Anna Carmichael at Abner Stein. The first title, The Dragons... Continue reading at The Bookseller
[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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Puffin has acquired three more titles in Chris Bradford’s Bodyguard series, about a teenage bodyguard hired to protect the daughter of the US president. Editorial director Amy Alward acquired the world English language rights to books four, five and six from Charlie Viney at The Viney Agency. Continue reading at The Bookseller
[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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Floris Books has acquired two separate children’s titles from author Cathy MacPhail and her son David MacPhail. Senior commissioning editor Eleanor Collins approached Cathy early in 2013 for a Scottish young teen novel while, independently, David submitted an outline for a series of Viking... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Little Tiger has acquired The First Slodge, the new picture book by author Jeanne Willis and illustrator Jenni Desmond. “We constantly look to diversify the Little Tiger list, and create surprising and inspiring picture books,” said publisher Jude Evans. “Jeanne’s text for The First Slodge... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Little, Brown Book Group has acquired the first YA title from adult novelist Alex Wheatle. Liccle Bit is told from the perspective of Lemar, a boy growing up on an inner city estate. Over the course of the book he has to contend with his feelings for the hottest girl in school, as well as the... Continue reading at The Bookseller
[ The Bookseller | 2014-10-23 00:00:00 UTC ]
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Orchard Books has acquired One Thing, a new Charlie and Lola title from author and illustrator Lauren Child. Kate Burns, picture, gift and novelty book publisher at Orchard, said: “Lauren Child fans will not be disappointed. One Thing is perfectly funny, perfectly formed and sees top-negotiator... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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Scribe has acquired a novel by Lutz Seiler, titled Kruso, which was recently awarded the 2014 German Book Prize, dubbed Germany’s equivalent to the Man Booker Prize. Scribe acquired World English rights from Nora Mercurio at Suhrkamp Verlag at auction. Seiler is a poet and short-story... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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Ewan Morrison explains how the 'seven big ideas in the world' dominate culture and can help you prepare for the next book publishing trends. The post 7 Ideas to Help You Anticipate the Future of Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-10-16 00:00:00 UTC ]
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