Facebook reaches agreement with social game maker Zynga

So much for the rumors of Zynga going rogue. Despite the precipitous drop in the popularity of its games and the new 'Facebook Credits' economy that has cut into its lucrative microtransaction market, Zynga will be staying on as a Facebook game developers for at least the next five years.

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So much for the rumors of Zynga going rogue. Despite the precipitous drop in the popularity of its games and the new 'Facebook Credits' economy that has cut into its lucrative microtransaction market, Zynga will be staying on as a Facebook game developer for at least the next five years.

While that contract term pales in comparison to the likes of Activision and Bungie's marriage, the fact that Zynga has been around for less than three years and Facebook has been online for a little more than six speaks volumes for the future of the social network and its commitment to gaming.

While specific terms of the deal were not released, both sides seemingly have concessions and benefits from the partnership. Facebook will presumably agree to make gaming more of a focal point of the site, something it was criticized for not doing when it decided to move to remove third-party notifications for users.

Zynga is expanding the use of Facebook Credits in its games, despite the fact that the currency cuts into the profits it previously earned by selling its own currency.

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