An extensive addendum to Zynga's S-1 filing with the SEC today paints an intricate picture of Zynga's dependence on the Facebook platform. Here's a parsing of the key parts of that relationship.
The fuller disclosures could be a positive for potential Zynga investors, in that they show Facebook has committed to share advertising revenue with Zynga and help the gaming company meet its active user targets.
On the other hand, it might not be a good sign that Zynga neglected to leave details of such a significant relationship out of its original and supposedly exhaustive financial disclosure packet. … Read more