GadgetFan - Rovio Entertainment Ltd., the maker of the famous game Angry Birds, today reported its financial results for the year 2011. Rovio party seemed very pleased with the success they achieved during the year 2011.
Rovio reported that its earnings rose sharply in the amount of U.S. $ 106.3 million. This is triggered by the growth of the best-selling game Angry Birds in the market. Rovio CEO, Mikael Hed also stated that "the strong growth in revenue, clearly shows the popularity of Angry Birds."
Financial growth in 2011 is very positive impact for the Rovio. Rovio said that 30% of total revenues in 2011, comes from merchandising and licensing or revenue from licensing. Rovio is now working with more than 200 licensing partners for the development of new products and services in the franchise game Angry Birs.
Hed says "large investments made in 2011 in all areas of business will be seen the results in the future. To ensure the ongoing success of awake, we must be creative and stay focused to entertain millions of our fans to continue to develop new products and to innovate. "
Angry Birds alone at the end of 2011 have been downloaded and recorded as many as 648 million active users monthly total reached 200 million. Mikael Hed revealed that he was optimistic at the end of 2012 will have similar success even more. Rovio party also revealed that "the greatest barrier of keutungannya future is if people stop buying new Smartphone. But we believe it will not happen for a while. "
Rovio reported financial results for 2011
Written By Unknown on Tuesday, May 8, 2012 | 5:22 PM
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