WME Appoints Former OMGPOP Boss Head Of Digital

By | Tuesday September 3, 2013 @ 9:16am PDT

Daniel Porter made his mark in the gaming space with OMGPOP and Zynga and now will be tasked with overseeing all of WME‘s online and mobile initiatives and help identify digital opportunities for clients. Based … Read More »

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Zynga Shares Zoom After It Taps Former Microsoft Entertainment Exec To Be CEO

By | Monday July 1, 2013 @ 4:08pm PDT

Shares jumped 10.4% during the trading day following a report that Don Mattrick would take charge of the ailing game company — and another 5.9% in after-market trading when the news was officially announced. In his six years at Microsoft, Mattrick … Read More »

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Zynga Shares Zinged After It Relaxes Its Relationship With Facebook

By | Thursday November 29, 2012 @ 3:30pm PST

The stock price for the maker of Farmville and CityVille is down more than 12% in after hours trading, continuing a downward trend that has slashed Zynga‘s market value more than 72% since it went public Read More »

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Zynga Shares Dive After Game Maker Says It Will Report Q3 Loss

By | Thursday October 4, 2012 @ 6:21pm PDT

Shares are down 19% in post market trading following the disclosure that the company behind FarmVille and other popular Facebook games will report a net loss of as much as $105M in Q3 — a period when some analysts … Read More »

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Hasbro Licenses Rights To Zynga Games

By | Thursday February 9, 2012 @ 12:52pm PST

SAN FRANCISCO & PAWTUCKET, R.I. — Hasbro, Inc. (NASDAQ: HAS) and Zynga (NASDAQ: ZNGA) announced today a comprehensive partnership that grants Hasbro the rights to develop a wide range of toy and gaming experiences based across Zynga’s popular social games and brands. As the world’s largest social game developer with more than 227 million monthly active users, Zynga has created some of the world’s most popular social game brands including FarmVille, CityVille and Words With Friends.

Through this agreement, Hasbro has obtained the license to develop and distribute wide ranging product lines based on Zynga’s game brands in a number of toy and game categories. This deal also creates an array of opportunities for co-branded merchandise featuring a combination of both Hasbro and Zynga brands.

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Game-Maker Zynga Unveils IPO Plans As Investors Grow Wary Of Tech

The maker of popular Facebook games including FarmVille and Mafia Wars says this morning in an SEC filing that it hopes to end up with nearly $890M from a public offering of 100M shares at an expected price of about $9.25 a share. The stock will trade at NASDAQ under the symbol ZNGA. The cash will be used for “general corporate purposes” which could include acquisitions. The company says it also plans to contribute a some of the net proceeds to charitable causes through its philanthropic initiative, Zynga.org. Today’s announcement follows its disclosure this past summer that it planned to go public — seizing on Wall Street’s infatuation with tech companies. Investors have become a little more skeptical about the category, though: For example, Pandora Media is down about 40% since it went public in June. LinkedIn is down 28% since May. And Groupon lost 27% of its market value after it hit the market early last month. Zynga investors also will have no power over the company. Read More »

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