In a busy year for gaming mergers, another deal has just been announced. Tencent is to fully acquire Sumo Group, the UK developer behind LittleBigPlanet 3 and Crackdown 3. The Chinese web giant is offering 513 pence per share for the studio, in which it already owns an 8.75 percent stake, valuing it at $1.26 billion (£990 million).The acquisition brings another major developer into the Tencent fold. Already the world's biggest gaming company, Tencent owns League of Legends studio Riot Games, and has a financial stake in several publishers including Epic Games, Activision Blizzard, Ubisoft, Bluehole, Paradox Interactive, Supercell, Grinding Gear Games and Yager, along with chat platform Discord. In February, the company acquired a minority position in DayZ developer Bohemia Interactive.But, Tencent's dominance has triggered regulatory pushback at home and abroad. Earlier this month, Chinese authorities blocked its plan to merge its two game livestreaming sites, Douyu and Huya. Tencent is also negiotiating an agreement with a US national security panel that would allow it to retain its stakes in US companies Riot Games and Epic Games, according to multiple reports.The Sumo acquisition hands Tencent a mix of AAA and indie content. Alongside LittleBigPlanet 3 and spinoff Sackboy, both published by Sony, Sumo was also behind Hitman 2. It also owns UK-based indie developer The Chinese Room (Everybody's Gone to the Rapture) and Red Kite Games, best known for ports of games like... Continue reading at 'Engadget'
[ Engadget | 2021-07-19 09:14:25 UTC ]
The drumbeat against Google's cookieless tracking and ad targeting method gets louder as publishers including The Guardian and The Markup block FLoC. The post Publishers like The Guardian become conscientious FLoC objectors, as The New York Times and others open to testing the controversial tech... Continue reading at Digiday
[ Digiday | 2021-04-26 04:01:00 UTC ]
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This year's Awesome Books Awards shortlist has been announced, and sees offerings from leading children's publishers including Nosy Crow and Usborne Publishing. Continue reading at The Bookseller
[ The Bookseller | 2020-10-26 12:32:03 UTC ]
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After seeing advertising in the travel category disappear, publishers including Insider, BuzzFeed and Condé Nast Traveler are seeing signs of life. The post ”Pivot” has been the word’: How travel publishers are navigating the coronavirus pandemic appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-08-20 04:01:00 UTC ]
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In the aftermath of last year's failed merger of two major publication printers, Quad/Graphics and LSC Communications—a deal that was abandoned after it was challenged by the Department of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ's stance was based... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-11 18:41:59 UTC ]
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Editors from several South Asian news publishers including The Quint (India), The Hindu (India), Times of India (India) and The Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-05-26 18:00:38 UTC ]
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Interviews Veronica Esposito John Keene is the author of Counternarratives, which received an American Book Award and the Republic of Consciousness Prize. He is also the recipient of a Lannan Literary Award and a MacArthur Fellowship. He is the... Continue reading at World Literature Today
[ World Literature Today | 2020-03-30 15:27:14 UTC ]
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Publishers including Penguin Random House, Pearson, Bonnier Books UK and Macmillan Education have donated books they planned to use at the cancelled London Book Fair to the Book Trade Charity. Continue reading at The Bookseller
[ The Bookseller | 2020-03-11 20:10:12 UTC ]
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Flipboard TV, a curated video service inside the Flipboard application featuring content from publisher partners and local TV stations, debuted Friday with 16 channels, exclusively on Samsung Galaxy S20 phones. Flipboard Flipboard TV will provide video from major publishers including American... Continue reading at AdWeek
[ AdWeek | 2020-03-06 17:05:10 UTC ]
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A host of publishers including HarperCollins Canada are boycotting the forthcoming Romance Writers of America national conference, as a backlash continues against the organisation over a race row. Continue reading at The Bookseller
[ The Bookseller | 2020-01-08 21:05:29 UTC ]
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Books from publishers including 404 ink and Charco Press have been shortlisted for a brand-new award celebrating "the enormous talent Scotland has in book production and design" as part of the 2019 Saltire Literary Awards. Continue reading at The Bookseller
[ The Bookseller | 2019-11-18 17:30:02 UTC ]
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Publishers including And Other Stories, Cambridge University Press and HarperCollins are preparing to take part in Work in Publishing Week, a campaign to inspire young people aged 14–24 to pursue a career in publishing. Continue reading at The Bookseller
[ The Bookseller | 2019-11-13 04:20:22 UTC ]
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Judging by the dozens of cannabis pitches I receive weekly, weed—which is increasingly gaining recreational legal status across the U.S., despite the hundreds of thousands of people who continue to be arrested for it every year—is ripe for advertising opportunities. Here’s one standout cannabis... Continue reading at Advertising Age
[ Advertising Age | 2019-10-04 20:07:05 UTC ]
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Legacy news publishers including McClatchy, Gatehouse and The Dallas Morning News have been adapting their sports-only paid subscription products now that pent-up demand has subsided. The post With sports, local newspapers try ‘unbundling’ the subscription appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2019-07-09 04:01:38 UTC ]
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A bipartisan group of political publishers including Daily Caller, Mediaite, Raw Story, Alternet, Law&Crime, and the Washington Free Beacon have launched Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-06-21 15:26:03 UTC ]
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UCLA was waiting to hear Monday whether Tennessee’s Rick Barnes would accept an offer to become its basketball coach and end a search that was approaching the 100-day mark. Bruins officials had offered the veteran coach a five-year contract, according to multiple reports, with Tennessee officials... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-04-09 00:00:00 UTC ]
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Publishers including the Guardian, USA Today and Salon let readers turn off mobile ads for a price. The post Publishers try to use ad annoyance as a lure to subscribers appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-05-22 00:00:00 UTC ]
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Publishers including The Atlantic, New York magazine and Spirited Media give members access to their reporters. The post Why publishers’ membership programs often include access to editorial staffers appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-04-13 00:00:00 UTC ]
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After 30 years, the magazine is shutting down its monthly print issue, per multiple reports, with the November edition as its last. The post Competitor Running Shutters Print Edition, Lays Off Staff appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-10-18 00:00:00 UTC ]
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Former Financial Times editor Sir Richard Lambert is to join Bloomsbury as a non-executive chairman. Continue reading at The Bookseller
[ The Bookseller | 2017-06-20 00:00:00 UTC ]
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The open access market is growing rapidly, how can new opportunities be translated into long-term success? Rob Johnson explores the options. Continue reading at The Bookseller
[ The Bookseller | 2017-03-21 00:00:00 UTC ]
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