Sponsored By

"I'm happy to say that Rovio did extremely well. During 2016, we found the magic thing in Rovio again."

Chris Kerr, News Editor

March 1, 2017

1 Min Read

Rovio is back in the black and doing well, with the Angry Birds creator seeing revenues grow by 34 percent to $203 million in 2016. 

Speaking at a GDC press event, attended by VentureBeat, Rovio CEO Kati Levoranta revealed The Angry Birds Movie was somewhat responsible for the company's changing fortunes. 

Games, naturally, also played their part, with the Finnish company's video game division pulling in revenues of $167.5 million -- a year-over-year increase of 40 percent. 

According to Levoranta, this was actually the division's best ever year, and most of that growth came from existing title like Angry Birds Friends and Angry Birds 2

"I'm happy to say that Rovio did extremely well," offered the CEO. "During 2016, we found the magic thing in Rovio again."

Although its stalwart franchises are continuing to deliver the goods, Rovio is looking to expand its game line-up.

The company recently opened a new London studio to create massively multiplayer online games based on new properties, and to extend its reach "beyond the Angry Birds universe."

Read more about:


About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

Daily news, dev blogs, and stories from Game Developer straight to your inbox

You May Also Like