Angry Birds lose a few feathers in first revenue drop


It's hard out there on a pig. Photo: Rovio Entertainment
It's hard out there on a pig. Photo: Rovio Entertainment

It’s tough at the top.

Mobile video game publisher Rovio Entertainment detailed Thursday its first revenue drop since the Finnish company hit it big with the Angry Birds franchise in 2009.

Perhaps the saturation of the market with no less than 11 Angry Birds-themed games since then (and three spin-offs) and way too many toys and animation projects has something to do with the loss of revenue, down 9 percent to $170.6 million in 2014.

Of course, as Rovio’s mobile gaming business did rise a bit (16 percent), making the overall drop in revenue that more incredible, the company seems to be focused on doubling-down on its mobile game offerings.

“2014 results show that steps in the game portfolio, free to play competency building and advertising are going in the right direction. I am confident that with new simplified organisation and clearer vision, we will be back to the path of growth in 2015,” said CEO Pekka Rantala in a statement.

Rovi-oh-no: Angry Birds dev plans to lay off 16% of its workforce


Photo: Rovio
Photo: Rovio

Things go from bad to worse for Angry Birds developer Rovio. Having seen its CEO step down in August, now the Finnish studio has announced that job cuts are on the cards — to the tune of up to 130 people.

In a blog post, outgoing head honcho Mikael Hed claimed that these cuts were part of an effort to simplify the company after a period of ambitious growth that is considered no longer sustainable.

Celebrity nudes, iPhone 6 event details and the rest of this week’s hottest Apple news



Trusting the Internet can be one of the silliest things you can do, especially when it comes to private matters. While what you do within the comfort of your own circle deserves to stay within its parameters, sometimes things don’t play that way.

Some celebrities found that out the hard way this week when their “personal” photos were hacked from their iCloud accounts and leaked online. With the world frantically sharing the photos left and right, this has turned all eyes toward Apple and the security of its cloud operation.

Rovio CEO steps down as Angry Birds profits plummet


Can Rovio dodge the curse of the video game movie when it brings Angry Birds to the big screen?
Angry Birds developer Rovio has a new CEO, who hopes to restore this freemium title to its previous glory.

Are we seeing the collapse of freemium game makers as the monster money spinners they were a year or so back?

Following the recent news that the recently-public Candy Crush Saga maker King had posted a disappointing quarter in terms of revenue, now the CEO of Angry Birds dev Rovio has announced that he is stepping down for similar reasons.

CEO Mikael Hed says he is “passing the hoodie” to new CEO Pekka Rantala, who recently joined Rovio after serving as head of Finnish drinks maker Hartwall.

“It has been an amazing ride and in the coming months I will be very happy to pass the hoodie to Pekka Rantala, who will take Rovio to the next level,” Hed noted in a statement. “Pekka is known to be a great leader with experience building successful global consumer brands. I will continue to play an active role and will support Pekka in any way I can to ensure Rovio’s continued success.”

Angry Birds become Transformers in new action-packed Comic-Con trailer



The Angry Birds are, ahem, transforming yet again in this new trailer from Rovio and Hasbro, released to coincide with San Diego Comic Con this week.

You’ve got the red bird cosplaying as a voice-less Optimus Prime, running his way through an island-style world, smashing through crates, and then finally facing a giant, laughing pig-bot Deceptihog. It doesn’t get much better than this. Check out the video below.