Angry Birds Is A Cash Cow
Sooooo, you may have heard about a little game called Angry Birds that has apparently replaced food, wine and religion in the minds of humankind of late. It’s been a cross-platform smash hit and we’ve all assumed it’s a fountain of gold for Finnish creators Rovio. Now, we have proof in the form of two tidbits of Angry Birds news to make you wish you’d majored in something other than Lit.
First up, it’s news that Angry Birds is among the most profitable games, like, ever. Computer and Video Games is reporting that it’s made ‘more than 500 times what it cost to make’. For the record, that’s a worldwide gross of approx. 70 Million dollars, which might sound like chump change compared to the vast fortunes produced by games like GTA, but Angry Birds cost $140,000 to develop. Zounds!
But it gets better. Over at Gigaom, we learn that Rovio just recieved a massive infusion of moolah to the tune of 42 Million, via some serious Series A funding from Accel Partners and Atomico (they people behind Skype.) That’s more than half of what they’ve already earned in little more than a year. Clearly, you people have been playing a heck of a lot of this game, and it seems, proving that when it comes to gaming, the Scandanavians know what the heck they’re doing.
I’m almost ashamed to admit I haven’t played Angry Birds. Then again, the last thing I need is another reminder of my mediocrity. Oh well. Meantime, if you’d like to know more about the story of Angry Birds’ success, here’s a short video. Enjoy!