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Rovio Posts

Rovio is cutting 130 jobs

Angry Birds
Rovio Entertainment is cutting around 16% of their workforce because it saw “faster growth than has materialized.” Rovio currently has around 800 employees. There are over 200 million people that play Angry Birds, but it is not as popular as it used to be. Rovio plans to release an Angry Birds movie featuring the voices of Jason Sudeikis, Bill Hader, Danny McBride and Maya Rudolph.


Rovio names Pekka Rantala as CEO

Rovio Logo
Angry Birds maker Rovio has named Pekka Rantala as the CEO of the company. Pekka Rantala is succeeding Mikael Hed, the founder of the company. Rovio’s profits dropped 52% to €26.9 million in the fiscal year 2013 on revenues that went up 3% to €156 million. Rovio’s staff increased from 500 to 800 people. Hed was the head of the company for five years. Hed will become chairman of Rovio Animation Studios, the movie division of the company. Rantala joined Rovio as the chief commercial officer in June.


Rovio reveals new game: ‘Angry Birds Transformers’

Angry Birds Transformers
Rovio has announced a new game in the Telepods product line, which is called Angry Birds Transformers. Rovio said that the game will come in multiple forms, including a mobile game, consumer licensed goods, and the Telepods product line from Hasbro.
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Rovio receives €25 million from the European Investment Bank

Angry Birds
The European Investment Bank (EIB) is providing Rovio with 25 million euros in financing to boost development of its mobile gaming platform. Rovio, the company behind Angry Birds, is one of the first investments by the EIB’s program to give loans to innovative startups for spurring growth.
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Rovio has created a ‘Flappy Bird’ clone in Finland

Rovio, the creator of Angry Birds, has created a clone of Flappy Bird in Finland. The original Flappy Bird clone was removed from the Apple App Store three months ago. Rovio’s clone is called Retry and it is available in Finland, Poland, and Canada. Retry players control an 8-bit plane that flies horizontally and has to avoid obstacles. The description of the game is: “It’s called Retry for a reason!” It is unknown if or when Retry will be released for the American App Store.

Mobile game studio Boomlagoon receives $3.6 million in funding

Boomlagoon Logo
Boomlagoon is a Finnish mobile game studio, created by former Angry Birds creators, that has raised $3.6 million in funding. This round of funding was provided by European investors Northzone, Inventure, and 360 Capital Partners with participation from existing investors Jari Ovaskainen and London Venture Partners.
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Rovio reports net profit dropped 52% in 2013

Angry Birds
Rovio is best known for building the “Angry Birds” franchise. Rovio’s net profit dropped 52% in 2013 and revenues remained flat. This is bad news because this may mean that Angry Birds’ best days are behind them.
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Rovio is launching a new game called Angry Birds Stella

Screen Shot 2014-02-13 at 5.01.39 PM
Rovio is going to be launching a new game called Angry Birds Stella. This game will revolve around the pink character known as Stella. Stella appeared for the first time in Angry Birds Seasons. Stella and her friends will be featured in the game in the form of games, books, and toys.
[Source: TNW]