Kyle
It took over 50 games for Finnish game development studio Rovio Mobile to come up with the smash hit Angry Birds. Angry Birds has grown to over 1 billion downloads and a merchandising arm worth hundreds of millions if not billions of dollars.
Rovio Mobile has done two spin off games of their franchise Angry Birds, Angry Birds Rio and Angry Birds Space. The latter becoming the fastest growing mobile game in history after being released in March and shown off at SXSW.
The company announced their 2011 earnings results on Monday. In that call they revealed that Angry Birds had generated $106 million dollars in revenue in 2011. “The strong growth in revenue clearly demonstrates the popularity of the Angry Birds brand.” CEO Mikael Hed said. He continued; “The heavy investments made in 2011 to all business areas will be seen in future products. To ensure continuous success we need to be creative and stay focused on entertaining our millions of fans by continuously developing new and innovative products and services.”
More after the break
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