Why Take-Two Investors Aren’t Feeling the Zynga Acquisition

  • 📰 Variety
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Take-Two Investors Just Aren’t Feeling the Zynga Acquisition

for $378 million in 2021, leading to a nearly 100% year-over-year increase in mobile revenue for Q3 2021 after the company unveiled its T2 Mobile Games division and began disclosing specific earnings for mobile in its quarterly reports.

If Take-Two is hoping the Zynga purchase is their best bet for rapidly releasing mobile versions of top IP, Zynga’s teams aren’t necessarily the right developers for that, as much as Take-Two would like to maximize the in-game spending and ad spend popular mobile titles provide.for Activision Blizzard, is developed and co-published by Tencent; Activision’s sister division King has nothing to do with that title.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I make all types of logo designs

Mark Jury story

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines